{
  "ticker": {
    "uuid": "2a14d988-c858-45ad-88c1-a8f7c00f8ada",
    "symbol": "NRIX",
    "name": "Nurix Therapeutics\u00a0Inc",
    "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": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 78.343,
    "architecture_energy": 62.45,
    "architecture_maturity": 32.994,
    "architecture_confidence": 80.31,
    "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": 15.13,
        "rotation_up": 72.76,
        "upward_expansion": 85.15,
        "deceleration": 56.71,
        "rotation_down": 14.75,
        "downward_expansion": 9.49
      },
      "activity_lines": [
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        19.319548
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 25.53,
    "trend_reference": 18.076833,
    "distance_from_trend": 0.412305,
    "trend_direction": "Improving",
    "fair_value": 15.061827,
    "distance_from_fair_value": 0.695014,
    "fair_value_direction": "Improving",
    "relative_strength": 40.926176,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.515134,
    "excess_performance": 0.32768,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.412305,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.08486,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.695014,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.531034,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.409262,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.402645,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.515134,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 4.672813,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 5422282,
      "relative_activity": 0.665286,
      "balance": 4.672813,
      "dry_up": 0.676324,
      "accumulation_observations": 3,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.105291,
      "annualized_volatility": 0.590446,
      "from_high_reference": -0.013905,
      "from_low_reference": 2.115314
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    "levels": {
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      "fair_value_reference": 15.061827,
      "structural_low": 14.01,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 13,
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        "sufficient": true
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        "date": "2026-04-24",
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      {
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      },
      {
        "date": "2026-06-26",
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        "relative_strength": 37.682291,
        "stage": 2,
        "regime": "rotation_up",
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        "energy": 52.95006,
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      },
      {
        "date": "2026-07-03",
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        "stage": 2,
        "regime": "rotation_up",
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      },
      {
        "date": "2026-07-10",
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        "relative_strength": 32.853287,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
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        "direction": 74.769555,
        "energy": 85.787166,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
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        "volume": 5867970,
        "typical_volume": 8254311.85,
        "trend": 17.5615,
        "fair_value": 14.782981,
        "relative_strength": 37.520745,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
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        "direction": 71.075533,
        "energy": 86.032621,
        "activity_lines": [
          22.873333,
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          18.906357,
          18.094269
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      },
      {
        "date": "2026-07-24",
        "close": 23.38,
        "volume": 5146871,
        "typical_volume": 8306788.25,
        "trend": 17.6975,
        "fair_value": 14.870417,
        "relative_strength": 39.793933,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.079909,
        "energy": 84.1668,
        "activity_lines": [
          23.293333,
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          18.469656
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      },
      {
        "date": "2026-07-31",
        "close": 23.21,
        "volume": 5611865,
        "typical_volume": 8373627.9,
        "trend": 17.869167,
        "fair_value": 14.957468,
        "relative_strength": 36.544002,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.465889,
        "energy": 68.796626,
        "activity_lines": [
          23.268,
          22.096545,
          19.954595,
          18.825301
        ]
      },
      {
        "date": "2026-08-07",
        "close": 25.53,
        "volume": 5422282,
        "typical_volume": 8150300.5,
        "trend": 18.076833,
        "fair_value": 15.061827,
        "relative_strength": 40.926176,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.343218,
        "energy": 62.450036,
        "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."
    }
  }
}