{ "ticker": { "uuid": "2f48897d-cf15-419a-8005-8bf6c35cece4", "symbol": "PAR", "name": "PAR Technology 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": 4, "stage_name": "Declining", "phase": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 59.962, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": 2.784, "architecture_energy": 5.95, "architecture_maturity": 25.884, "architecture_confidence": 41.422, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 51.74, "rotation_up": 26.54, "upward_expansion": 30.35, "deceleration": 42.53, "rotation_down": 25.65, "downward_expansion": 47.68 }, "activity_lines": [ 16.85, 16.761455, 15.928952, 15.953376 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 17.81, "trend_reference": 17.567333, "distance_from_trend": 0.013814, "trend_direction": "Weakening", "fair_value": 44.731282, "distance_from_fair_value": -0.601845, "fair_value_direction": "Improving", "relative_strength": -42.292029, "relative_strength_direction": "Improving", "price_momentum": -0.199191, "excess_performance": -0.324816, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.013814, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.276807, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.601845, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.087039, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.42292, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.258644, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.199191, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.611819, "read": "Demand-led" } ], "volume": { "latest": 5283437, "relative_activity": 0.812357, "balance": 2.611819, "dry_up": 0.669611, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.12017, "annualized_volatility": 0.827122, "from_high_reference": -0.673929, "from_low_reference": 0.53667 }, "levels": { "trend_reference": 17.567333, "fair_value_reference": 44.731282, "structural_low": 11.59, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 13, "median_return": 0.030452, "positive_rate": 0.615385, "directional_follow_through": 0.615385, "median_excess_return": -0.027361, "regime_survival": 0.615385, "best_return": 0.17666, "worst_return": -0.237088, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.171948, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.198524, "regime_survival": 0.0, "best_return": 0.112983, "worst_return": -0.261246, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.386501, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.364867, "regime_survival": 0.0, "best_return": 0.182086, "worst_return": -0.492039, "sufficient": false }, { 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"label": "Upward Expansion", "color": "green", "start": "2023-12-22", "end": "2024-03-08", "tenure": "Developing", "return": -0.011837, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-03-15", "end": "2024-07-19", "tenure": "Established", "return": 0.286094, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-26", "end": "2025-01-03", "tenure": "Established", "return": 0.388306, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-03-14", "tenure": "Developing", "return": -0.134287, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-04-18", "tenure": "Developing", "return": -0.086168, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-05-16", "tenure": "New", "return": 0.167363, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-07-11", "tenure": "Developing", "return": 0.047157, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-18", "end": "2025-08-01", "tenure": "New", "return": -0.15584, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-08", "end": "2026-07-03", "tenure": "Extended", "return": -0.592339, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": 0.055095, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 37.5, "volume": 1356947, "typical_volume": 1033540.05, "trend": 34.181, "fair_value": 47.06641, "relative_strength": 9.252456, "stage": 1, "regime": "balance", "modifier": "Upper balance 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"close": 15.44, "volume": 4014447, "typical_volume": 7687099.6, "trend": 18.845, "fair_value": 44.98141, "relative_strength": -50.592758, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.510564, "energy": 15.158538, "activity_lines": [ 16.549333, 16.245273, 15.456095, 16.102022 ] }, { "date": "2026-07-31", "close": 16.95, "volume": 5000390, "typical_volume": 6837142.2, "trend": 18.219, "fair_value": 44.855513, "relative_strength": -44.516719, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.536752, "energy": 6.413173, "activity_lines": [ 16.558, 16.444364, 15.656762, 15.979763 ] }, { "date": "2026-08-07", "close": 17.81, "volume": 5283437, "typical_volume": 6503833.25, "trend": 17.567333, "fair_value": 44.731282, "relative_strength": -42.292029, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.783585, "energy": 5.950411, "activity_lines": [ 16.85, 16.761455, 15.928952, 15.953376 ] } ], "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." } } }