{ "ticker": { "uuid": "2cc7ec9e-4b1a-476f-83a3-f65dc96bd659", "symbol": "WRB", "name": "W. R. Berkley Corp", "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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 49.426, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 60.767, "architecture_energy": 47.827, "architecture_maturity": 19.456, "architecture_confidence": 68.452, "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": 20.24, "rotation_up": 61.95, "upward_expansion": 79.83, "deceleration": 62.58, "rotation_down": 15.88, "downward_expansion": 6.5 }, "activity_lines": [ 72.663333, 71.908101, 69.465589, 68.425813 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 71.6, "trend_reference": 67.512399, "distance_from_trend": 0.060546, "trend_direction": "Improving", "fair_value": 58.584971, "distance_from_fair_value": 0.222156, "fair_value_direction": "Improving", "relative_strength": -7.139093, "relative_strength_direction": "Improving", "price_momentum": 0.045142, "excess_performance": -0.080483, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.060546, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.006341, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.222156, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.067305, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.071391, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.092836, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.045142, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.448387, "read": "Demand-led" } ], "volume": { "latest": 10536987, "relative_activity": 1.036304, "balance": 1.448387, "dry_up": 1.025653, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.049691, "annualized_volatility": 0.213508, "from_high_reference": -0.075533, "from_low_reference": 0.160555 }, "levels": { "trend_reference": 67.512399, "fair_value_reference": 58.584971, "structural_low": 61.694628, 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66.644079, 66.587525 ] }, { "date": "2026-07-10", "close": 72.19, "volume": 9094084, "typical_volume": 10353326.3, "trend": 66.813238, "fair_value": 57.688159, "relative_strength": -4.791777, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.461249, "energy": 80.086666, "activity_lines": [ 70.949097, 68.942079, 67.197561, 66.946845 ] }, { "date": "2026-07-17", "close": 71.61, "volume": 11315642, "typical_volume": 10328687.25, "trend": 66.950386, "fair_value": 57.908125, "relative_strength": -3.898154, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.932588, "energy": 76.128586, "activity_lines": [ 71.511515, 69.686114, 67.681373, 67.256313 ] }, { "date": "2026-07-24", "close": 75.46, "volume": 11879677, "typical_volume": 10437616.4, "trend": 67.176949, "fair_value": 58.149625, "relative_strength": 1.917417, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.584786, "energy": 84.447362, "activity_lines": [ 73.049333, 70.999959, 68.523476, 67.805321 ] }, { "date": "2026-07-31", "close": 72.54, "volume": 7982473, "typical_volume": 10439796.95, "trend": 67.345422, "fair_value": 58.374271, "relative_strength": -2.890498, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.180091, "energy": 65.334456, "activity_lines": [ 73.055333, 71.596442, 69.052516, 68.151324 ] }, { "date": "2026-08-07", "close": 71.6, "volume": 10536987, "typical_volume": 10167853.75, "trend": 67.512399, "fair_value": 58.584971, "relative_strength": -7.139093, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.76702, "energy": 47.827402, "activity_lines": [ 72.663333, 71.908101, 69.465589, 68.425813 ] } ], "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." } } }