{ "ticker": { "uuid": "2a25fcdb-951e-4695-ac2e-c22b3d508cde", "symbol": "PCRX", "name": "Pacira BioSciences, 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 60.186, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 58.181, "architecture_energy": 47.356, "architecture_maturity": 14.011, "architecture_confidence": 73.23, "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": 25.79, "rotation_up": 62.36, "upward_expansion": 83.53, "deceleration": 48.83, "rotation_down": 15.16, "downward_expansion": 7.86 }, "activity_lines": [ 25.672, 25.285636, 24.547381, 24.073226 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 25.02, "trend_reference": 23.271333, "distance_from_trend": 0.075143, "trend_direction": "Improving", "fair_value": 24.629038, "distance_from_fair_value": 0.015874, "fair_value_direction": "Improving", "relative_strength": -8.27162, "relative_strength_direction": "Improving", "price_momentum": 0.191429, "excess_performance": 0.003975, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.075143, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.005068, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.015874, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.11922, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.082716, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.109796, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.191429, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.376549, "read": "Demand-led" } ], "volume": { "latest": 5421932, "relative_activity": 2.035323, "balance": 1.376549, "dry_up": 1.262053, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.076846, "annualized_volatility": 0.29204, "from_high_reference": -0.095445, "from_low_reference": 0.330851 }, "levels": { "trend_reference": 23.271333, "fair_value_reference": 24.629038, "structural_low": 20.62, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 11, "median_return": -0.039608, "positive_rate": 0.272727, "directional_follow_through": 0.272727, "median_excess_return": -0.059558, "regime_survival": 0.545455, "best_return": 0.139431, "worst_return": -0.160262, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.041791, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.034797, "regime_survival": 0.333333, "best_return": 0.21252, "worst_return": -0.241518, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.161793, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.144186, "regime_survival": 0.0, "best_return": -0.080325, "worst_return": -0.170668, "sufficient": 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24.439091, 23.987333, 23.572968 ] }, { "date": "2026-07-24", "close": 25.88, "volume": 2673456, "typical_volume": 2709863.35, "trend": 23.156667, "fair_value": 24.793269, "relative_strength": -0.296835, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.640106, "energy": 64.516267, "activity_lines": [ 25.62, 24.799091, 24.20181, 23.747312 ] }, { "date": "2026-07-31", "close": 26.41, "volume": 2687669, "typical_volume": 2672188.55, "trend": 23.221667, "fair_value": 24.709487, "relative_strength": 1.271382, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.987533, "energy": 67.682876, "activity_lines": [ 25.916667, 25.196545, 24.448286, 23.957204 ] }, { "date": "2026-08-07", "close": 25.02, "volume": 5421932, "typical_volume": 2663917.75, "trend": 23.271333, "fair_value": 24.629038, "relative_strength": -8.27162, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.180713, "energy": 47.356165, "activity_lines": [ 25.672, 25.285636, 24.547381, 24.073226 ] } ], "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." } } }