{ "ticker": { "uuid": "3f1ab33f-0895-40ca-b140-d4b657d9c20f", "symbol": "IEP", "name": "Icahn Enterprises LP", "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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 72.229, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 54.018, "architecture_energy": 55.773, "architecture_maturity": 5.662, "architecture_confidence": 67.519, "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": 25.99, "rotation_up": 64.67, "upward_expansion": 84.87, "deceleration": 46.32, "rotation_down": 13.69, "downward_expansion": 13.87 }, "activity_lines": [ 7.598333, 7.502, 7.480114, 7.414019 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 7.455, "trend_reference": 7.3033, "distance_from_trend": 0.020771, "trend_direction": "Improving", "fair_value": 8.326194, "distance_from_fair_value": -0.104633, "fair_value_direction": "Improving", "relative_strength": -8.653736, "relative_strength_direction": "Improving", "price_momentum": 0.055628, "excess_performance": -0.131826, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.020771, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.024018, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.104633, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.049909, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.086537, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.018645, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.055628, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.640954, "read": "Supply-led" } ], "volume": { "latest": 7135507, "relative_activity": 1.682113, "balance": 0.640954, "dry_up": 0.928346, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.034865, "annualized_volatility": 0.166712, "from_high_reference": -0.064917, "from_low_reference": 0.195781 }, "levels": { "trend_reference": 7.3033, "fair_value_reference": 8.326194, "structural_low": 6.718729, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 22, "median_return": -0.014965, "positive_rate": 0.318182, "directional_follow_through": 0.318182, "median_excess_return": -0.032354, "regime_survival": 0.590909, "best_return": 0.051114, "worst_return": -0.330333, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.019622, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.038507, "regime_survival": 0.555556, "best_return": 0.064726, "worst_return": -0.578675, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.022244, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": 0.002677, "regime_survival": 0.4, "best_return": 0.085618, "worst_return": -0.582044, "sufficient": true }, { 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4158665.8, "trend": 7.286096, "fair_value": 8.360298, "relative_strength": -0.089911, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.032412, "energy": 63.203664, "activity_lines": [ 7.626667, 7.499818, 7.476859, 7.403122 ] }, { "date": "2026-08-07", "close": 7.455, "volume": 7135507, "typical_volume": 4241989.9, "trend": 7.3033, "fair_value": 8.326194, "relative_strength": -8.653736, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.018413, "energy": 55.773036, "activity_lines": [ 7.598333, 7.502, 7.480114, 7.414019 ] } ], "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." } } }