{ "ticker": { "uuid": "38cf7e75-0ca2-480e-be2b-a2d71d341456", "symbol": "OSPN", "name": "OneSpan Inc", "exchange": "NASDAQ", "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": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 82.93, "architecture_energy": 68.532, "architecture_maturity": 38.0, "architecture_confidence": 81.33, "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": 1.38, "rotation_up": 75.78, "upward_expansion": 89.5, "deceleration": 48.6, "rotation_down": 15.98, "downward_expansion": 11.5 }, "activity_lines": [ 15.825333, 15.268727, 14.305199, 13.448081 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 16.78, "trend_reference": 12.520706, "distance_from_trend": 0.34018, "trend_direction": "Improving", "fair_value": 13.05472, "distance_from_fair_value": 0.285359, "fair_value_direction": "Improving", "relative_strength": 13.732835, "relative_strength_direction": "Improving", "price_momentum": 0.526051, "excess_performance": 0.338597, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.34018, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.075, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.285359, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.352782, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.137328, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.37243, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.526051, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.919113, "read": "Demand-led" } ], "volume": { "latest": 2835686, "relative_activity": 1.219137, "balance": 2.919113, "dry_up": 0.908895, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.077804, "annualized_volatility": 0.281659, "from_high_reference": -0.091991, "from_low_reference": 0.689771 }, "levels": { "trend_reference": 12.520706, "fair_value_reference": 13.05472, "structural_low": 9.930341, "invalidation": "A 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"typical_volume": 2544563.8, "trend": 12.272576, "fair_value": 12.994427, "relative_strength": 8.428238, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.051623, "energy": 64.77371, "activity_lines": [ 15.078667, 14.68, 13.677249, 12.957807 ] }, { "date": "2026-07-31", "close": 15.48, "volume": 2020863, "typical_volume": 2509474.35, "trend": 12.388169, "fair_value": 13.012319, "relative_strength": 10.427714, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.119821, "energy": 69.060153, "activity_lines": [ 15.279333, 14.877636, 13.941322, 13.164737 ] }, { "date": "2026-08-07", "close": 16.78, "volume": 2835686, "typical_volume": 2325978.45, "trend": 12.520706, "fair_value": 13.05472, "relative_strength": 13.732835, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.93022, "energy": 68.53235, "activity_lines": [ 15.825333, 15.268727, 14.305199, 13.448081 ] } ], "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." } } }