{
  "ticker": {
    "uuid": "4007f748-44d1-46ee-9fc6-b4d8787f6e2c",
    "symbol": "IPAR",
    "name": "Inter Parfums 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": "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": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 66.43,
    "architecture_energy": 71.33,
    "architecture_maturity": 30.296,
    "architecture_confidence": 81.307,
    "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": 6.28,
        "rotation_up": 74.71,
        "upward_expansion": 90.74,
        "deceleration": 47.2,
        "rotation_down": 11.73,
        "downward_expansion": 15.08
      },
      "activity_lines": [
        123.096,
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        108.919821,
        104.443376
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 122.97,
    "trend_reference": 100.081149,
    "distance_from_trend": 0.228703,
    "trend_direction": "Improving",
    "fair_value": 113.529638,
    "distance_from_fair_value": 0.083153,
    "fair_value_direction": "Improving",
    "relative_strength": 11.192811,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.221519,
    "excess_performance": 0.034065,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.228703,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.111854,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.083153,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.267928,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.111928,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.350578,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.221519,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.182924,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1672860,
      "relative_activity": 1.23975,
      "balance": 1.182924,
      "dry_up": 1.022744,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.078208,
      "annualized_volatility": 0.354056,
      "from_high_reference": -0.048882,
      "from_low_reference": 0.635145
    },
    "levels": {
      "trend_reference": 100.081149,
      "fair_value_reference": 113.529638,
      "structural_low": 84.936544,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 18,
        "median_return": 0.024632,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.043443,
        "regime_survival": 0.722222,
        "best_return": 0.207968,
        "worst_return": -0.150609,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
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        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.002943,
        "regime_survival": 0.5,
        "best_return": 0.349486,
        "worst_return": -0.193752,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.001246,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
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        "regime_survival": 0.2,
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        "worst_return": -0.128761,
        "sufficient": true
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      {
        "horizon": "Full cycle",
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        "worst_return": -0.223999,
        "sufficient": false
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        "regime": "balance",
        "label": "Balance",
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        "regime": "upward_expansion",
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        "regime": "deceleration",
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        "regime": "downward_expansion",
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        "date": "2026-04-24",
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        "date": "2026-05-08",
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      },
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      },
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        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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        "typical_volume": 1328073.75,
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        "fair_value": 113.730639,
        "relative_strength": 6.852542,
        "stage": 2,
        "regime": "upward_expansion",
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      },
      {
        "date": "2026-07-10",
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        "trend": 94.902235,
        "fair_value": 113.703923,
        "relative_strength": 5.802232,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
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        "energy": 86.244868,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
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        "volume": 1569929,
        "typical_volume": 1377682.7,
        "trend": 96.250834,
        "fair_value": 113.711944,
        "relative_strength": 14.712521,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.502514,
        "energy": 90.588925,
        "activity_lines": [
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      },
      {
        "date": "2026-07-24",
        "close": 122.55,
        "volume": 1082765,
        "typical_volume": 1353725.25,
        "trend": 97.528251,
        "fair_value": 113.607355,
        "relative_strength": 16.339663,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.946375,
        "energy": 88.78049,
        "activity_lines": [
          120.684,
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          101.145793
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      },
      {
        "date": "2026-07-31",
        "close": 124.55,
        "volume": 1194615,
        "typical_volume": 1359838.95,
        "trend": 98.87922,
        "fair_value": 113.536312,
        "relative_strength": 17.978848,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.456601,
        "energy": 86.528807,
        "activity_lines": [
          122.706,
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          106.793958,
          102.889132
        ]
      },
      {
        "date": "2026-08-07",
        "close": 122.97,
        "volume": 1672860,
        "typical_volume": 1349353.1,
        "trend": 100.081149,
        "fair_value": 113.529638,
        "relative_strength": 11.192811,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.430286,
        "energy": 71.330275,
        "activity_lines": [
          123.096,
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      }
    ],
    "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."
    }
  }
}