{ "ticker": { "uuid": "438ad1b9-fda2-4e7f-b23e-6ded655342de", "symbol": "ZBRA", "name": "Zebra Technologies Corporation", "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": "Early expansion", "architecture_gate": "up", "architecture_direction": 94.465, "architecture_energy": 90.474, "architecture_maturity": 28.0, "architecture_confidence": 75.057, "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": 17.23, "rotation_up": 84.38, "upward_expansion": 95.32, "deceleration": 41.94, "rotation_down": 8.77, "downward_expansion": 19.65 }, "activity_lines": [ 309.654, 286.081273, 265.213714, 253.863269 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 376.49, "trend_reference": 244.4955, "distance_from_trend": 0.539865, "trend_direction": "Improving", "fair_value": 288.92516, "distance_from_fair_value": 0.303071, "fair_value_direction": "Improving", "relative_strength": 26.187287, "relative_strength_direction": "Improving", "price_momentum": 0.497574, "excess_performance": 0.31012, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.539865, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.021257, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.303071, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.524563, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.261873, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.574728, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.497574, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.178569, "read": "Demand-led" } ], "volume": { "latest": 6769564, "relative_activity": 1.547333, "balance": 1.178569, "dry_up": 1.006403, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.081199, "annualized_volatility": 0.537786, "from_high_reference": -0.018612, "from_low_reference": 0.891434 }, "levels": { "trend_reference": 244.4955, "fair_value_reference": 288.92516, "structural_low": 199.05, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 20, "median_return": 0.012636, "positive_rate": 0.55, "directional_follow_through": 0.55, "median_excess_return": 0.004056, "regime_survival": 0.8, "best_return": 0.111236, "worst_return": -0.196178, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.08946, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.091008, "regime_survival": 0.428571, "best_return": 0.178412, "worst_return": -0.295668, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.087816, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.157996, "regime_survival": 0.4, "best_return": 0.192446, "worst_return": -0.435783, "sufficient": true }, { "horizon": "Full cycle", 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61.991019, "energy": 67.162802, "activity_lines": [ 264.510667, 254.774364, 244.330786, 240.190097 ] }, { "date": "2026-07-24", "close": 259.92, "volume": 3166258, "typical_volume": 4203741.15, "trend": 239.077833, "fair_value": 287.919006, "relative_strength": -8.85483, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.898382, "energy": 65.597407, "activity_lines": [ 264.843333, 256.329455, 246.787381, 241.564108 ] }, { "date": "2026-07-31", "close": 293.82, "volume": 4646853, "typical_volume": 4246972.95, "trend": 240.595167, "fair_value": 288.190865, "relative_strength": 3.32986, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.557743, "energy": 74.55444, "activity_lines": [ 274.88, 264.037818, 252.280786, 245.09586 ] }, { "date": "2026-08-07", "close": 376.49, "volume": 6769564, "typical_volume": 4374988.55, "trend": 244.4955, "fair_value": 288.92516, "relative_strength": 26.187287, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.465052, "energy": 90.473676, "activity_lines": [ 309.654, 286.081273, 265.213714, 253.863269 ] } ], "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." } } }