{ "ticker": { "uuid": "2afcb24d-f021-4649-97b6-dfdf4726ac23", "symbol": "VEEV", "name": "Veeva Systems Inc.", "exchange": "MEX", "country": "MX", "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": "^MXX", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Emerging rotation", "architecture_gate": "mixed", "architecture_direction": 55.717, "architecture_energy": 83.174, "architecture_maturity": 16.93, "architecture_confidence": 59.116, "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": 22.89, "rotation_up": 82.31, "upward_expansion": 71.98, "deceleration": 18.0, "rotation_down": 16.04, "downward_expansion": 27.98 }, "activity_lines": [ 3497.475325, 3331.442911, 3121.672669, 3105.219746 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 3600.0, "trend_reference": 3167.26967, "distance_from_trend": 0.136626, "trend_direction": "Weakening", "fair_value": 3998.247687, "distance_from_fair_value": -0.099606, "fair_value_direction": "Improving", "relative_strength": -10.599051, "relative_strength_direction": "Improving", "price_momentum": 0.090909, "excess_performance": 0.145576, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.136626, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.119561, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.099606, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.191487, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.105991, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.321798, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.090909, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 7.921005, "read": "Demand-led" } ], "volume": { "latest": 40, "relative_activity": 0.025471, "balance": 7.921005, "dry_up": 0.16222, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.048499, "annualized_volatility": 0.530476, "from_high_reference": -0.362155, "from_low_reference": 0.37402 }, "levels": { "trend_reference": 3167.26967, "fair_value_reference": 3998.247687, "structural_low": 2620.050049, "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": 9, "median_return": 0.001466, "positive_rate": 0.555556, "directional_follow_through": 0.555556, "median_excess_return": 0.009249, "regime_survival": 0.333333, "best_return": 0.124717, "worst_return": -0.211029, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.045294, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.03564, "regime_survival": 0.0, "best_return": 0.122494, "worst_return": -0.248776, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.007528, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": 0.095249, "regime_survival": 0.0, "best_return": 0.262391, "worst_return": -0.285202, "sufficient": true }, { 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47.589886, "activity_lines": [ 3244.157357, 3070.982014, 2977.227581, 3047.547427 ] }, { "date": "2026-07-24", "close": 3430.0, "volume": 12, "typical_volume": 1680.5, "trend": 3207.763005, "fair_value": 3995.448328, "relative_strength": -16.143651, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 38.446963, "energy": 72.049994, "activity_lines": [ 3349.26735, 3157.085285, 3017.968294, 3060.315406 ] }, { "date": "2026-07-31", "close": 3494.699951, "volume": 877, "typical_volume": 1568.4, "trend": 3190.91967, "fair_value": 3996.375892, "relative_strength": -14.162522, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.814966, "energy": 75.609133, "activity_lines": [ 3423.343994, 3241.097638, 3065.347098, 3078.827467 ] }, { "date": "2026-08-07", "close": 3600.0, "volume": 40, "typical_volume": 1570.4, "trend": 3167.26967, "fair_value": 3998.247687, "relative_strength": -10.599051, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 55.717234, "energy": 83.174423, "activity_lines": [ 3497.475325, 3331.442911, 3121.672669, 3105.219746 ] } ], "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." } } }