{ "ticker": { "uuid": "1418d9fd-7630-4da7-831e-89aa103f2610", "symbol": "ITRI", "name": "Itron Inc", "exchange": "NASDAQ", "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": "QQQ", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 94.508, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Structural repair", "architecture_gate": "mixed", "architecture_direction": 45.926, "architecture_energy": 61.741, "architecture_maturity": 14.468, "architecture_confidence": 70.956, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 31.27, "rotation_up": 67.54, "upward_expansion": 48.94, "deceleration": 24.65, "rotation_down": 14.18, "downward_expansion": 26.27 }, "activity_lines": [ 95.142, 90.279636, 87.286619, 87.870108 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 103.75, "trend_reference": 89.761, "distance_from_trend": 0.155847, "trend_direction": "Weakening", "fair_value": 97.591154, "distance_from_fair_value": 0.063109, "fair_value_direction": "Improving", "relative_strength": -9.245029, "relative_strength_direction": "Improving", "price_momentum": -0.002883, "excess_performance": -0.190337, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.155847, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.039201, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.063109, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.213542, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.09245, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.288978, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.002883, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.52565, "read": "Demand-led" } ], "volume": { "latest": 4020661, "relative_activity": 0.974316, "balance": 2.52565, "dry_up": 1.392928, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.066152, "annualized_volatility": 0.44924, "from_high_reference": -0.269366, "from_low_reference": 0.334062 }, "levels": { "trend_reference": 89.761, "fair_value_reference": 97.591154, "structural_low": 77.77, "invalidation": "A 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"relative_strength": -24.288182, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.668526, "energy": 19.989302, "activity_lines": [ 84.948667, 83.535091, 84.465333, 86.661785 ] }, { "date": "2026-07-24", "close": 84.22, "volume": 2849234, "typical_volume": 3722266.25, "trend": 89.44, "fair_value": 97.202564, "relative_strength": -23.583191, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.227152, "energy": 18.637464, "activity_lines": [ 84.963333, 83.825091, 84.288619, 86.298688 ] }, { "date": "2026-07-31", "close": 99.66, "volume": 13983097, "typical_volume": 4216482.15, "trend": 89.613, "fair_value": 97.381154, "relative_strength": -9.218664, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 37.83128, "energy": 31.579164, "activity_lines": [ 89.897333, 86.831818, 85.615857, 86.958043 ] }, { "date": "2026-08-07", "close": 103.75, "volume": 4020661, "typical_volume": 4126647.95, "trend": 89.761, "fair_value": 97.591154, "relative_strength": -9.245029, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 45.9261, "energy": 61.740706, "activity_lines": [ 95.142, 90.279636, 87.286619, 87.870108 ] } ], "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." } } }