{
  "ticker": {
    "uuid": "3090b97e-015a-426a-81ab-b4df1351a3a3",
    "symbol": "TDY",
    "name": "Teledyne Technologies Incorporated",
    "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": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Upper balance after advance",
    "architecture_gate": "up",
    "architecture_direction": 74.802,
    "architecture_energy": 64.522,
    "architecture_maturity": 31.162,
    "architecture_confidence": 79.854,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The prior uptrend is attempting to re-accelerate.",
        "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set."
      },
      "scores": {
        "balance": 37.3,
        "rotation_up": 69.64,
        "upward_expansion": 85.93,
        "deceleration": 45.64,
        "rotation_down": 10.61,
        "downward_expansion": 12.6
      },
      "activity_lines": [
        663.364667,
        650.596,
        639.136762,
        637.130925
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 691.3,
    "trend_reference": 634.497333,
    "distance_from_trend": 0.089524,
    "trend_direction": "Improving",
    "fair_value": 494.002564,
    "distance_from_fair_value": 0.399385,
    "fair_value_direction": "Improving",
    "relative_strength": 4.036215,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.067546,
    "excess_performance": -0.058079,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.089524,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.070412,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.399385,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.089612,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.040362,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.059093,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.067546,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.077466,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1822063,
      "relative_activity": 1.069248,
      "balance": 2.077466,
      "dry_up": 1.317879,
      "accumulation_observations": 4,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.049553,
      "annualized_volatility": 0.20271,
      "from_high_reference": -0.005202,
      "from_low_reference": 0.431204
    },
    "levels": {
      "trend_reference": 634.497333,
      "fair_value_reference": 494.002564,
      "structural_low": 579.04,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 15,
        "median_return": -0.021384,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": 0.002696,
        "regime_survival": 0.4,
        "best_return": 0.088744,
        "worst_return": -0.090133,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": 0.02034,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.020444,
        "regime_survival": 0.125,
        "best_return": 0.108784,
        "worst_return": -0.099727,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": -0.025191,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.054915,
        "regime_survival": 0.0,
        "best_return": 0.245506,
        "worst_return": -0.081211,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.01438,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.095738,
        "regime_survival": 0.0,
        "best_return": 0.326765,
        "worst_return": -0.066973,
        "sufficient": false
      }
    ],
    "ledger": [
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        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-03-14",
        "end": "2025-05-09",
        "tenure": "Developing",
        "return": -0.013206,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "tenure": "Developing",
        "return": 0.037642,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "tenure": "Developing",
        "return": 0.014018,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-09-12",
        "tenure": "New",
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        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "tenure": "New",
        "return": -0.048574,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "end": "2025-12-12",
        "tenure": "New",
        "return": 0.047184,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "end": "2025-12-19",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-12-26",
        "end": "2026-01-16",
        "tenure": "New",
        "return": 0.124423,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2026-02-06",
        "tenure": "New",
        "return": 0.060426,
        "active": false
      },
      {
        "regime": "upward_expansion",
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      {
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      {
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      {
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        "active": true
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      {
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        "volume": 1629556,
        "typical_volume": 1571625.85,
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        "fair_value": 488.505449,
        "relative_strength": -0.447962,
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        "modifier": "Upper balance after advance",
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      },
      {
        "date": "2026-07-24",
        "close": 655.35,
        "volume": 3436637,
        "typical_volume": 1673770.5,
        "trend": 625.194667,
        "fair_value": 490.257564,
        "relative_strength": 3.253167,
        "stage": 2,
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        "modifier": "Upper balance after advance",
        "gate": "up",
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      },
      {
        "date": "2026-07-31",
        "close": 655.57,
        "volume": 2094727,
        "typical_volume": 1701346.7,
        "trend": 629.754667,
        "fair_value": 492.028782,
        "relative_strength": 2.186685,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 55.831167,
        "energy": 44.979034,
        "activity_lines": [
          648.472667,
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      },
      {
        "date": "2026-08-07",
        "close": 691.3,
        "volume": 1822063,
        "typical_volume": 1704060.35,
        "trend": 634.497333,
        "fair_value": 494.002564,
        "relative_strength": 4.036215,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 74.801929,
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        "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."
    }
  }
}