{
  "ticker": {
    "uuid": "257621f1-00ae-4eca-8dca-125f3039e502",
    "symbol": "HXL",
    "name": "Hexcel Corporation",
    "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": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 62.883,
    "architecture_energy": 64.385,
    "architecture_maturity": 39.144,
    "architecture_confidence": 84.01,
    "architecture_tenure": "Established",
    "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": 11.86,
        "rotation_up": 66.77,
        "upward_expansion": 86.28,
        "deceleration": 49.23,
        "rotation_down": 14.26,
        "downward_expansion": 12.95
      },
      "activity_lines": [
        104.437333,
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        97.688559,
        94.424277
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 103.43,
    "trend_reference": 90.783439,
    "distance_from_trend": 0.139305,
    "trend_direction": "Improving",
    "fair_value": 68.942826,
    "distance_from_fair_value": 0.500229,
    "fair_value_direction": "Improving",
    "relative_strength": 13.903763,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.207582,
    "excess_performance": 0.081957,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.139305,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.104665,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.500229,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.071581,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.139038,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.059152,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.207582,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.716539,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 4409959,
      "relative_activity": 0.854807,
      "balance": 0.716539,
      "dry_up": 1.134173,
      "accumulation_observations": 1,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.067333,
      "annualized_volatility": 0.325354,
      "from_high_reference": -0.074328,
      "from_low_reference": 0.74104
    },
    "levels": {
      "trend_reference": 90.783439,
      "fair_value_reference": 68.942826,
      "structural_low": 76.11892,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 27,
        "median_return": -0.001312,
        "positive_rate": 0.481481,
        "directional_follow_through": 0.481481,
        "median_excess_return": -0.008691,
        "regime_survival": 0.740741,
        "best_return": 0.151232,
        "worst_return": -0.123749,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
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        "regime_survival": 0.5,
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        "worst_return": -0.25398,
        "sufficient": true
      },
      {
        "horizon": "Extended",
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        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
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        "sufficient": true
      },
      {
        "horizon": "Full cycle",
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        "worst_return": -0.146323,
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        "regime": "deceleration",
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        "regime": "rotation_down",
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        "regime": "balance",
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      {
        "regime": "downward_expansion",
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        "regime": "upward_expansion",
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      {
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      },
      {
        "date": "2026-07-17",
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        "relative_strength": 21.593604,
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        "modifier": "Re-accelerating",
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        "direction": 76.303667,
        "energy": 70.481103,
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      },
      {
        "date": "2026-07-24",
        "close": 110.28,
        "volume": 7016684,
        "typical_volume": 5322026.15,
        "trend": 89.137086,
        "fair_value": 68.470159,
        "relative_strength": 28.787968,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.125431,
        "energy": 85.717638,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 102.95,
        "volume": 7465431,
        "typical_volume": 5274264.35,
        "trend": 90.016501,
        "fair_value": 68.705641,
        "relative_strength": 18.103709,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.530728,
        "energy": 69.667589,
        "activity_lines": [
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          93.55889
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      },
      {
        "date": "2026-08-07",
        "close": 103.43,
        "volume": 4409959,
        "typical_volume": 5159012.75,
        "trend": 90.783439,
        "fair_value": 68.942826,
        "relative_strength": 13.903763,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.883055,
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        "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."
    }
  }
}