{ "ticker": { "uuid": "43d2f256-b618-4dc2-92e8-ccfe67c93f32", "symbol": "MLKN", "name": "MillerKnoll 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": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "up", "architecture_direction": 85.015, "architecture_energy": 87.634, "architecture_maturity": 30.0, "architecture_confidence": 79.722, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 12.51, "rotation_up": 85.41, "upward_expansion": 97.57, "deceleration": 39.45, "rotation_down": 8.76, "downward_expansion": 19.57 }, "activity_lines": [ 22.838, 21.484, 19.277139, 18.703498 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 24.49, "trend_reference": 18.514316, "distance_from_trend": 0.32276, "trend_direction": "Improving", "fair_value": 20.696566, "distance_from_fair_value": 0.183288, "fair_value_direction": "Improving", "relative_strength": 18.432107, "relative_strength_direction": "Improving", "price_momentum": 0.109336, "excess_performance": -0.078117, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.32276, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.071959, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.183288, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.390402, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.184321, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.431658, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.109336, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.99309, "read": "Demand-led" } ], "volume": { "latest": 3608138, "relative_activity": 0.833017, "balance": 3.99309, "dry_up": 0.810542, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.088158, "annualized_volatility": 0.581671, "from_high_reference": -0.008903, "from_low_reference": 0.836931 }, "levels": { "trend_reference": 18.514316, "fair_value_reference": 20.696566, "structural_low": 13.681454, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 11, "median_return": -0.008609, "positive_rate": 0.454545, "directional_follow_through": 0.454545, "median_excess_return": -0.023526, "regime_survival": 0.545455, "best_return": 0.262261, "worst_return": -0.181818, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.198829, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.26375, "regime_survival": 0.0, "best_return": 0.274427, "worst_return": -0.282876, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.034787, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.168271, "regime_survival": 0.4, "best_return": 0.391311, "worst_return": -0.225356, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.246009, 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] }, { "date": "2026-07-10", "close": 20.16, "volume": 3039549, "typical_volume": 4229576.6, "trend": 17.903819, "fair_value": 20.561049, "relative_strength": -2.995434, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.816613, "energy": 57.958488, "activity_lines": [ 19.706667, 18.112014, 17.193319, 17.51341 ] }, { "date": "2026-07-17", "close": 21.82, "volume": 3385970, "typical_volume": 4278528.85, "trend": 18.037946, "fair_value": 20.595345, "relative_strength": 9.689352, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.7146, "energy": 70.542844, "activity_lines": [ 20.694667, 18.97128, 17.645347, 17.766067 ] }, { "date": "2026-07-24", "close": 22.08, "volume": 3991043, "typical_volume": 4343690.95, "trend": 18.183679, "fair_value": 20.625074, "relative_strength": 12.950725, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.382818, "energy": 73.575854, "activity_lines": [ 21.397333, 19.774418, 18.113038, 18.026845 ] }, { "date": "2026-07-31", "close": 22.52, "volume": 3058019, "typical_volume": 4357238.45, "trend": 18.338201, "fair_value": 20.655545, "relative_strength": 14.489255, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.131531, "energy": 72.411757, "activity_lines": [ 21.874667, 20.516, 18.610272, 18.306608 ] }, { "date": "2026-08-07", "close": 24.49, "volume": 3608138, "typical_volume": 4331412.15, "trend": 18.514316, "fair_value": 20.696566, "relative_strength": 18.432107, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 85.015232, "energy": 87.633508, "activity_lines": [ 22.838, 21.484, 19.277139, 18.703498 ] } ], "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." } } }