{ "ticker": { "uuid": "13ba6464-227a-4acc-9c4d-5437d377fce3", "symbol": "ONTO", "name": "Onto Innovation Inc", "exchange": "NYSE", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 34.734, "architecture_energy": 20.381, "architecture_maturity": 75.054, "architecture_confidence": 89.479, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 45.48, "rotation_up": 27.39, "upward_expansion": 55.64, "deceleration": 88.1, "rotation_down": 32.9, "downward_expansion": 19.3 }, "activity_lines": [ 284.988, 294.811455, 290.582857, 276.200086 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 308.3, "trend_reference": 256.339333, "distance_from_trend": 0.202703, "trend_direction": "Improving", "fair_value": 175.400897, "distance_from_fair_value": 0.757688, "fair_value_direction": "Weakening", "relative_strength": 35.88292, "relative_strength_direction": "Weakening", "price_momentum": 0.478657, "excess_performance": 0.353032, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.202703, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.23427, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.757688, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.017447, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.358829, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.277748, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.478657, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.446188, "read": "Supply-led" } ], "volume": { "latest": 6816871, "relative_activity": 1.213432, "balance": 0.446188, "dry_up": 1.064567, "accumulation_observations": 3, "distribution_observations": 6 }, "risk": { "range_context": 0.167234, "annualized_volatility": 0.657226, "from_high_reference": -0.202246, "from_low_reference": 2.052475 }, "levels": { "trend_reference": 256.339333, "fair_value_reference": 175.400897, "structural_low": 175.49, 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"modifier": "Re-accelerating", "gate": "up", "direction": 54.232348, "energy": 35.030321, "activity_lines": [ 305.956667, 302.280909, 288.393476, 270.247613 ] }, { "date": "2026-07-24", "close": 272.62, "volume": 3965602, "typical_volume": 5295276.4, "trend": 249.294, "fair_value": 173.231282, "relative_strength": 29.370519, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.35222, "energy": 19.713377, "activity_lines": [ 292.393333, 298.467636, 288.84081, 271.993527 ] }, { "date": "2026-07-31", "close": 258.58, "volume": 7467202, "typical_volume": 5489753.2, "trend": 252.384333, "fair_value": 174.129744, "relative_strength": 19.819655, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.138126, "energy": 15.420608, "activity_lines": [ 278.226, 292.086182, 287.508619, 272.592624 ] }, { "date": "2026-08-07", "close": 308.3, "volume": 6816871, "typical_volume": 5617843.65, "trend": 256.339333, "fair_value": 175.400897, "relative_strength": 35.88292, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.734006, "energy": 20.380995, "activity_lines": [ 284.988, 294.811455, 290.582857, 276.200086 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }