{ "ticker": { "uuid": "3d93b622-d0be-41d8-b5c3-b2b12a9186e4", "symbol": "MLAB", "name": "Mesa Laboratories 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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "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": 24.381, "architecture_energy": 10.931, "architecture_maturity": 17.614, "architecture_confidence": 86.82, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 46.36, "rotation_up": 35.78, "upward_expansion": 50.98, "deceleration": 72.47, "rotation_down": 24.01, "downward_expansion": 26.65 }, "activity_lines": [ 100.032, 100.192, 100.708316, 98.484904 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 102.65, "trend_reference": 95.245356, "distance_from_trend": 0.077743, "trend_direction": "Improving", "fair_value": 102.138453, "distance_from_fair_value": 0.005008, "fair_value_direction": "Improving", "relative_strength": 5.282471, "relative_strength_direction": "Improving", "price_momentum": 0.104121, "excess_performance": -0.083333, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.077743, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.088204, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.005008, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.005758, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.052825, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.018406, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.104121, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.337413, "read": "Demand-led" } ], "volume": { "latest": 597260, "relative_activity": 0.749585, "balance": 1.337413, "dry_up": 0.857845, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.120422, "annualized_volatility": 0.458648, "from_high_reference": -0.099482, "from_low_reference": 0.753872 }, "levels": { "trend_reference": 95.245356, "fair_value_reference": 102.138453, "structural_low": 70.953722, "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": -0.011954, "positive_rate": 0.466667, "directional_follow_through": 0.466667, "median_excess_return": -0.008135, "regime_survival": 0.333333, "best_return": 0.151856, "worst_return": -0.210954, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.009761, "positive_rate": 0.444444, "directional_follow_through": 0.444444, "median_excess_return": -0.124403, "regime_survival": 0.111111, "best_return": 0.227627, "worst_return": -0.23308, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.130901, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.247181, "regime_survival": 0.166667, "best_return": 0.516231, "worst_return": -0.413223, 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102.358545, "relative_strength": 9.136173, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.377737, "energy": 11.248156, "activity_lines": [ 98.975333, 99.824909, 100.302992, 97.960473 ] }, { "date": "2026-08-07", "close": 102.65, "volume": 597260, "typical_volume": 796787.1, "trend": 95.245356, "fair_value": 102.138453, "relative_strength": 5.282471, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.381209, "energy": 10.930556, "activity_lines": [ 100.032, 100.192, 100.708316, 98.484904 ] } ], "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." } } }