{ "ticker": { "uuid": "395093d7-47d9-4508-a399-02e0430a0407", "symbol": "TECH", "name": "Bio-Techne Corp", "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": "2a", "phase_label": "Stage 2A \u00b7 Early 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": "Early expansion", "architecture_gate": "up", "architecture_direction": 71.195, "architecture_energy": 88.414, "architecture_maturity": 21.309, "architecture_confidence": 87.078, "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": 10.95, "rotation_up": 80.56, "upward_expansion": 99.91, "deceleration": 39.02, "rotation_down": 11.46, "downward_expansion": 21.91 }, "activity_lines": [ 72.01, 69.983818, 63.308551, 60.761548 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 72.29, "trend_reference": 59.431511, "distance_from_trend": 0.216358, "trend_direction": "Improving", "fair_value": 64.421087, "distance_from_fair_value": 0.122148, "fair_value_direction": "Improving", "relative_strength": 7.011972, "relative_strength_direction": "Improving", "price_momentum": 0.085907, "excess_performance": -0.101547, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.216358, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.035638, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.122148, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.390597, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.07012, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.356644, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.085907, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.718331, "read": "Demand-led" } ], "volume": { "latest": 15997278, "relative_activity": 0.824835, "balance": 2.718331, "dry_up": 0.939306, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.051426, "annualized_volatility": 0.51964, "from_high_reference": -0.001036, "from_low_reference": 0.676587 }, "levels": { "trend_reference": 59.431511, "fair_value_reference": 64.421087, "structural_low": 43.117364, 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"direction": 47.605034, "energy": 80.478936, "activity_lines": [ 70.548667, 64.487676, 59.066907, 58.205056 ] }, { "date": "2026-07-24", "close": 71.6, "volume": 14065919, "typical_volume": 18532423.2, "trend": 58.784107, "fair_value": 64.54557, "relative_strength": 12.425297, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 69.751637, "energy": 88.554396, "activity_lines": [ 71.536, 66.736909, 60.533717, 59.05891 ] }, { "date": "2026-07-31", "close": 72.09, "volume": 27940337, "typical_volume": 19250017.15, "trend": 59.204993, "fair_value": 64.489685, "relative_strength": 12.438714, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.921345, "energy": 88.257344, "activity_lines": [ 71.776, 68.559273, 61.9624, 59.917354 ] }, { "date": "2026-08-07", "close": 72.29, "volume": 15997278, "typical_volume": 19394515.65, "trend": 59.431511, "fair_value": 64.421087, "relative_strength": 7.011972, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.195455, "energy": 88.413761, "activity_lines": [ 72.01, 69.983818, 63.308551, 60.761548 ] } ], "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." } } }