{
  "ticker": {
    "uuid": "38462544-6c70-4ec0-a937-4e350033bc97",
    "symbol": "HOG",
    "name": "Harley-Davidson, Inc.",
    "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": 1,
    "stage_name": "Basing",
    "phase": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 68.381,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 61.962,
    "architecture_energy": 45.652,
    "architecture_maturity": 76.384,
    "architecture_confidence": 56.106,
    "architecture_tenure": "Developing",
    "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": 17.24,
        "rotation_up": 48.31,
        "upward_expansion": 80.07,
        "deceleration": 68.56,
        "rotation_down": 27.42,
        "downward_expansion": 6.74
      },
      "activity_lines": [
        22.391333,
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        21.757455,
        20.747446
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.666667
    },
    "latest_close": 22.559999,
    "trend_reference": 19.454494,
    "distance_from_trend": 0.159629,
    "trend_direction": "Improving",
    "fair_value": 25.185496,
    "distance_from_fair_value": -0.104246,
    "fair_value_direction": "Improving",
    "relative_strength": -10.467907,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.323291,
    "excess_performance": 0.149044,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.159629,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.054624,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.104246,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.099848,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.104679,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.036219,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.323291,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.909949,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 2315,
      "relative_activity": 4.682443,
      "balance": 0.909949,
      "dry_up": 4.271339,
      "accumulation_observations": 2,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.058995,
      "annualized_volatility": 0.321185,
      "from_high_reference": -0.124732,
      "from_low_reference": 0.51562
    },
    "levels": {
      "trend_reference": 19.454494,
      "fair_value_reference": 25.185496,
      "structural_low": 14.885,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 15,
        "median_return": -0.059308,
        "positive_rate": 0.2,
        "directional_follow_through": 0.2,
        "median_excess_return": -0.059791,
        "regime_survival": 0.533333,
        "best_return": 0.182272,
        "worst_return": -0.142741,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
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        "regime_survival": 0.333333,
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        "sufficient": true
      },
      {
        "horizon": "Extended",
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        "worst_return": -0.361888,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
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        "worst_return": -0.25192,
        "sufficient": false
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        "typical_volume": 174.2,
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        "fair_value": 25.878981,
        "relative_strength": -15.483419,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 37.155048,
        "energy": 65.436276,
        "activity_lines": [
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      },
      {
        "date": "2026-05-08",
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        "relative_strength": -14.089767,
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        "activity_lines": [
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      },
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        "date": "2026-05-15",
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        "typical_volume": 222.7,
        "trend": 18.630011,
        "fair_value": 25.785623,
        "relative_strength": -9.156286,
        "stage": 1,
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        "energy": 77.081579,
        "activity_lines": [
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      },
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        "date": "2026-05-22",
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        "relative_strength": -15.332503,
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        "modifier": "Emerging rotation",
        "gate": "mixed",
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        "energy": 54.067424,
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      },
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        "relative_strength": -16.240346,
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        "energy": 55.77417,
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      },
      {
        "date": "2026-06-05",
        "close": 20.942499,
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        "typical_volume": 168.1,
        "trend": 18.421244,
        "fair_value": 25.631099,
        "relative_strength": -13.303156,
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        "energy": 61.502878,
        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
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        "typical_volume": 148.25,
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        "fair_value": 25.588533,
        "relative_strength": -10.098865,
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        "energy": 79.520448,
        "activity_lines": [
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      },
      {
        "date": "2026-06-26",
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        "typical_volume": 148.25,
        "trend": 18.622297,
        "fair_value": 25.502791,
        "relative_strength": -9.759405,
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        "direction": 76.290685,
        "energy": 87.500308,
        "activity_lines": [
          22.085385,
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      },
      {
        "date": "2026-07-03",
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        "volume": 0,
        "typical_volume": 79.85,
        "trend": 18.685017,
        "fair_value": 25.451483,
        "relative_strength": -14.342673,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.403742,
        "energy": 81.009264,
        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
        "close": 22.5,
        "volume": 461,
        "typical_volume": 72.05,
        "trend": 18.81536,
        "fair_value": 25.406674,
        "relative_strength": -10.075745,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.87261,
        "energy": 78.340244,
        "activity_lines": [
          22.292,
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          20.845323,
          19.858801
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      },
      {
        "date": "2026-07-17",
        "close": 23.190001,
        "volume": 1468,
        "typical_volume": 145.45,
        "trend": 18.986487,
        "fair_value": 25.356777,
        "relative_strength": -5.22302,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.878384,
        "energy": 70.339461,
        "activity_lines": [
          22.593334,
          22.177633,
          21.188401,
          20.141036
        ]
      },
      {
        "date": "2026-07-24",
        "close": 23.049999,
        "volume": 3728,
        "typical_volume": 331.85,
        "trend": 19.179295,
        "fair_value": 25.294627,
        "relative_strength": -6.753426,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.976966,
        "energy": 60.176365,
        "activity_lines": [
          22.782667,
          22.404122,
          21.481395,
          20.403198
        ]
      },
      {
        "date": "2026-07-31",
        "close": 21.26,
        "volume": 936,
        "typical_volume": 378.65,
        "trend": 19.304861,
        "fair_value": 25.228613,
        "relative_strength": -13.481052,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.091001,
        "energy": 47.585261,
        "activity_lines": [
          22.326,
          22.27765,
          21.570913,
          20.537437
        ]
      },
      {
        "date": "2026-08-07",
        "close": 22.559999,
        "volume": 2315,
        "typical_volume": 494.4,
        "trend": 19.454494,
        "fair_value": 25.185496,
        "relative_strength": -10.467907,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.962096,
        "energy": 45.65208,
        "activity_lines": [
          22.391333,
          22.371318,
          21.757455,
          20.747446
        ]
      }
    ],
    "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."
    }
  }
}