{ "ticker": { "uuid": "16b408c9-40d3-4693-b860-7aa98f1d0c45", "symbol": "BVS", "name": "Bioventus 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": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 86.235, "architecture_energy": 90.141, "architecture_maturity": 28.0, "architecture_confidence": 79.29, "architecture_tenure": "New", "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": 9.2, "rotation_up": 86.5, "upward_expansion": 98.37, "deceleration": 39.04, "rotation_down": 8.38, "downward_expansion": 20.37 }, "activity_lines": [ 12.980333, 11.883455, 10.872143, 10.347634 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 14.125, "trend_reference": 9.660167, "distance_from_trend": 0.46219, "trend_direction": "Improving", "fair_value": 7.621378, "distance_from_fair_value": 0.853339, "fair_value_direction": "Improving", "relative_strength": 44.432081, "relative_strength_direction": "Improving", "price_momentum": 0.659812, "excess_performance": 0.472358, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.46219, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.137784, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.853339, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.353401, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.444321, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.296293, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.659812, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.964459, "read": "Demand-led" } ], "volume": { "latest": 7072315, "relative_activity": 2.247681, "balance": 2.964459, "dry_up": 1.316864, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.096699, "annualized_volatility": 0.460989, "from_high_reference": -0.111227, "from_low_reference": 1.258193 }, "levels": { "trend_reference": 9.660167, "fair_value_reference": 7.621378, "structural_low": 7.78, "invalidation": "A 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"typical_volume": 2742574.7, "trend": 8.961333, "fair_value": 7.389936, "relative_strength": 25.920597, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 74.945767, "energy": 62.451967, "activity_lines": [ 10.439333, 9.856909, 9.708857, 9.420882 ] }, { "date": "2026-07-17", "close": 12.06, "volume": 2836134, "typical_volume": 2818434.1, "trend": 9.113667, "fair_value": 7.444808, "relative_strength": 32.174684, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.536027, "energy": 78.803431, "activity_lines": [ 11.168667, 10.281091, 9.955476, 9.620796 ] }, { "date": "2026-07-24", "close": 11.8, "volume": 2702894, "typical_volume": 2829650.7, "trend": 9.258333, "fair_value": 7.498462, "relative_strength": 30.352833, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.933671, "energy": 80.343509, "activity_lines": [ 11.574667, 10.629636, 10.161714, 9.794108 ] }, { "date": "2026-07-31", "close": 13.17, "volume": 3962672, "typical_volume": 2924551.55, "trend": 9.457, "fair_value": 7.559808, "relative_strength": 43.040201, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.623346, "energy": 88.556522, "activity_lines": [ 12.231333, 11.205091, 10.482286, 10.046473 ] }, { "date": "2026-08-07", "close": 14.125, "volume": 7072315, "typical_volume": 3146493.6, "trend": 9.660167, "fair_value": 7.621378, "relative_strength": 44.432081, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.234735, "energy": 90.141443, "activity_lines": [ 12.980333, 11.883455, 10.872143, 10.347634 ] } ], "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." } } }