{ "ticker": { "uuid": "34039148-f81c-442f-8778-8ae2e762198c", "symbol": "CVX", "name": "Chevron Corporation", "exchange": "VIE", "country": "AT", "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": "^ATX", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 45.763, "architecture_energy": 41.414, "architecture_maturity": 6.073, "architecture_confidence": 43.246, "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": 38.73, "rotation_up": 67.9, "upward_expansion": 68.83, "deceleration": 55.61, "rotation_down": 8.96, "downward_expansion": 12.17 }, "activity_lines": [ 165.154667, 160.770545, 159.506509, 159.827217 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 161.860001, "trend_reference": 158.104063, "distance_from_trend": 0.023756, "trend_direction": "Improving", "fair_value": 133.876409, "distance_from_fair_value": 0.209026, "fair_value_direction": "Improving", "relative_strength": -8.915518, "relative_strength_direction": "Weakening", "price_momentum": 0.082611, "excess_performance": -0.091635, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.023756, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.070268, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.209026, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.042892, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.089155, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.04481, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.082611, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.235964, "read": "Demand-led" } ], "volume": { "latest": 1318, "relative_activity": 2.045948, "balance": 1.235964, "dry_up": 1.94466, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.049658, "annualized_volatility": 0.319197, "from_high_reference": -0.122242, "from_low_reference": 0.323788 }, "levels": { "trend_reference": 158.104063, "fair_value_reference": 133.876409, 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"relative_strength": -4.530677, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 22.157924, "energy": 23.391105, "activity_lines": [ 154.515998, 155.518544, 157.621237, 157.593024 ] }, { "date": "2026-07-24", "close": 170.979996, "volume": 833, "typical_volume": 554.7, "trend": 155.874459, "fair_value": 133.405211, "relative_strength": -1.151813, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 45.265447, "energy": 25.965056, "activity_lines": [ 160.58133, 158.080362, 158.624049, 158.666355 ] }, { "date": "2026-07-31", "close": 169.240005, "volume": 1876, "typical_volume": 598.65, "trend": 157.232191, "fair_value": 133.668754, "relative_strength": -2.066516, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 55.35313, "energy": 42.130963, "activity_lines": [ 164.756, 160.144726, 159.416357, 159.528648 ] }, { "date": "2026-08-07", "close": 161.860001, "volume": 1318, "typical_volume": 644.2, "trend": 158.104063, "fair_value": 133.876409, "relative_strength": -8.915518, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.763437, "energy": 41.413768, "activity_lines": [ 165.154667, 160.770545, 159.506509, 159.827217 ] } ], "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." } } }