{
  "ticker": {
    "uuid": "1e701d11-9754-4a8b-b92f-542f25bccfd9",
    "symbol": "COLB",
    "name": "Columbia Banking System 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": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 88.373,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 45.441,
    "architecture_energy": 33.41,
    "architecture_maturity": 55.25,
    "architecture_confidence": 48.994,
    "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": 30.17,
        "rotation_up": 42.05,
        "upward_expansion": 65.51,
        "deceleration": 64.63,
        "rotation_down": 24.19,
        "downward_expansion": 15.51
      },
      "activity_lines": [
        31.550667,
        31.620727,
        30.865273,
        30.175355
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 31.24,
    "trend_reference": 29.529391,
    "distance_from_trend": 0.057929,
    "trend_direction": "Improving",
    "fair_value": 23.385475,
    "distance_from_fair_value": 0.335872,
    "fair_value_direction": "Improving",
    "relative_strength": -2.36766,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.000894,
    "excess_performance": -0.188348,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.057929,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.049216,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.335872,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.005582,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.023677,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.02512,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.000894,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.431927,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 11591093,
      "relative_activity": 0.84703,
      "balance": 1.431927,
      "dry_up": 1.098999,
      "accumulation_observations": 4,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.050394,
      "annualized_volatility": 0.257113,
      "from_high_reference": -0.072309,
      "from_low_reference": 0.373931
    },
    "levels": {
      "trend_reference": 29.529391,
      "fair_value_reference": 23.385475,
      "structural_low": 25.358447,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 20,
        "median_return": 0.022872,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": 0.008152,
        "regime_survival": 0.75,
        "best_return": 0.13405,
        "worst_return": -0.235007,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": -0.00515,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.428571,
        "median_excess_return": -0.07575,
        "regime_survival": 0.571429,
        "best_return": 0.205656,
        "worst_return": -0.237111,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": -0.059703,
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        "directional_follow_through": 0.5,
        "median_excess_return": -0.161666,
        "regime_survival": 0.25,
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        "worst_return": -0.406439,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
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        "regime_survival": 0.666667,
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        "worst_return": -0.33266,
        "sufficient": false
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    ],
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        "regime": "downward_expansion",
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        "regime": "balance",
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      {
        "regime": "rotation_up",
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        "regime": "deceleration",
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      },
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        "typical_volume": 13787472.45,
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 14014878.95,
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        "fair_value": 23.219199,
        "relative_strength": 3.26288,
        "stage": 2,
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        "modifier": "Re-accelerating",
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        "direction": 62.674164,
        "energy": 53.364997,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 31.27,
        "volume": 15632183,
        "typical_volume": 14072496.1,
        "trend": 29.432174,
        "fair_value": 23.300237,
        "relative_strength": 2.850308,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.027289,
        "energy": 43.995939,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-08-07",
        "close": 31.24,
        "volume": 11591093,
        "typical_volume": 13684393.55,
        "trend": 29.529391,
        "fair_value": 23.385475,
        "relative_strength": -2.36766,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.440564,
        "energy": 33.410364,
        "activity_lines": [
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      }
    ],
    "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."
    }
  }
}