{
  "ticker": {
    "uuid": "23604c06-b767-4f15-b567-f045e8a023a5",
    "symbol": "TRU",
    "name": "TransUnion",
    "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": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 86.302,
    "architecture_regime": "rotation_up",
    "architecture_regime_label": "Rotation Up",
    "architecture_modifier": "Emerging rotation",
    "architecture_gate": "mixed",
    "architecture_direction": 37.061,
    "architecture_energy": 50.839,
    "architecture_maturity": 12.865,
    "architecture_confidence": 49.678,
    "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": 32.41,
        "rotation_up": 65.7,
        "upward_expansion": 60.01,
        "deceleration": 22.17,
        "rotation_down": 18.23,
        "downward_expansion": 18.34
      },
      "activity_lines": [
        78.588667,
        76.338182,
        73.74554,
        73.183425
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 80.02,
    "trend_reference": 73.695559,
    "distance_from_trend": 0.085818,
    "trend_direction": "Weakening",
    "fair_value": 80.459507,
    "distance_from_fair_value": -0.005462,
    "fair_value_direction": "Improving",
    "relative_strength": -9.301432,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.092669,
    "excess_performance": -0.032956,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.085818,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.044115,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.005462,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.103123,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.093014,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.134127,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.092669,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.181371,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 8687715,
      "relative_activity": 0.774966,
      "balance": 1.181371,
      "dry_up": 0.995194,
      "accumulation_observations": 3,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.085036,
      "annualized_volatility": 0.427018,
      "from_high_reference": -0.158166,
      "from_low_reference": 0.262743
    },
    "levels": {
      "trend_reference": 73.695559,
      "fair_value_reference": 80.459507,
      "structural_low": 63.37,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 6,
        "median_return": -0.047173,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.05263,
        "regime_survival": 0.5,
        "best_return": 0.03314,
        "worst_return": -0.079124,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": -0.095778,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.100322,
        "regime_survival": 0.0,
        "best_return": 0.038056,
        "worst_return": -0.161532,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.094122,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.002312,
        "regime_survival": 0.0,
        "best_return": 0.246281,
        "worst_return": -0.076517,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.030983,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.248197,
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        "best_return": 0.335013,
        "worst_return": -0.141866,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-08-02",
        "end": "2024-11-15",
        "tenure": "Established",
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        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-11-22",
        "end": "2025-01-10",
        "tenure": "Developing",
        "return": -0.124987,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
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        "end": "2025-01-31",
        "tenure": "New",
        "return": 0.04123,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "tenure": "Developing",
        "return": -0.089797,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "end": "2025-05-23",
        "tenure": "Developing",
        "return": 0.010842,
        "active": false
      },
      {
        "regime": "balance",
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        "active": false
      },
      {
        "regime": "rotation_up",
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        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "active": false
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      {
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        "active": false
      },
      {
        "regime": "downward_expansion",
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      },
      {
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      },
      {
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      {
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    ],
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        "date": "2026-04-17",
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        "date": "2026-05-22",
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      },
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        "date": "2026-05-29",
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        "date": "2026-06-05",
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      },
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        "date": "2026-06-12",
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      },
      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 11705665.65,
        "trend": 74.672936,
        "fair_value": 80.434027,
        "relative_strength": -15.441099,
        "stage": 4,
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      },
      {
        "date": "2026-07-17",
        "close": 79.85,
        "volume": 8806461,
        "typical_volume": 11557647.9,
        "trend": 74.441339,
        "fair_value": 80.439568,
        "relative_strength": -7.945151,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 28.684297,
        "energy": 30.964643,
        "activity_lines": [
          75.970667,
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        ]
      },
      {
        "date": "2026-07-24",
        "close": 76.51,
        "volume": 9465916,
        "typical_volume": 11377103.15,
        "trend": 74.089771,
        "fair_value": 80.430318,
        "relative_strength": -10.493844,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 18.701674,
        "energy": 36.804835,
        "activity_lines": [
          76.932,
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      },
      {
        "date": "2026-07-31",
        "close": 78.62,
        "volume": 17666209,
        "typical_volume": 11480212.9,
        "trend": 73.942087,
        "fair_value": 80.441529,
        "relative_strength": -8.359165,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 32.412418,
        "energy": 47.898449,
        "activity_lines": [
          77.802667,
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          72.954018,
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      },
      {
        "date": "2026-08-07",
        "close": 80.02,
        "volume": 8687715,
        "typical_volume": 11210447.3,
        "trend": 73.695559,
        "fair_value": 80.459507,
        "relative_strength": -9.301432,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 37.060626,
        "energy": 50.838722,
        "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."
    }
  }
}