{ "ticker": { "uuid": "43e41b44-1428-4b20-882a-4a5ee47019f0", "symbol": "LEG", "name": "Leggett & Platt Incorporated", "exchange": "NYSE", "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": "SPY", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 74.481, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "down", "architecture_direction": -50.99, "architecture_energy": 32.715, "architecture_maturity": 20.255, "architecture_confidence": 64.474, "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": 39.82, "rotation_up": 10.23, "upward_expansion": 10.67, "deceleration": 58.7, "rotation_down": 58.79, "downward_expansion": 65.0 }, "activity_lines": [ 10.252, 10.671741, 10.602192, 10.604527 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 9.62, "trend_reference": 10.805144, "distance_from_trend": -0.109683, "trend_direction": "Improving", "fair_value": 13.009209, "distance_from_fair_value": -0.260524, "fair_value_direction": "Improving", "relative_strength": -17.06102, "relative_strength_direction": "Weakening", "price_momentum": -0.246538, "excess_performance": -0.372163, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.109683, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.010568, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.260524, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.044086, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.17061, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.063513, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.246538, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.644175, "read": "Demand-led" } ], "volume": { "latest": 9957012, "relative_activity": 0.746948, "balance": 1.644175, "dry_up": 0.711268, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.101902, "annualized_volatility": 0.488699, "from_high_reference": -0.252913, "from_low_reference": 0.178556 }, "levels": { "trend_reference": 10.805144, "fair_value_reference": 13.009209, "structural_low": 9.057948, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 22, "median_return": 0.010489, "positive_rate": 0.545455, "directional_follow_through": 0.545455, "median_excess_return": -0.014742, "regime_survival": 0.636364, "best_return": 0.163953, "worst_return": -0.183013, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.011304, "positive_rate": 0.222222, "directional_follow_through": 0.222222, "median_excess_return": -0.02772, "regime_survival": 0.333333, "best_return": 0.121807, "worst_return": -0.319937, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.087344, "positive_rate": 0.166667, "directional_follow_through": 0.166667, "median_excess_return": -0.157843, "regime_survival": 0.166667, "best_return": 0.240665, "worst_return": -0.429656, 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false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-08-01", "tenure": "New", "return": -0.202369, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-08", "end": "2025-12-05", "tenure": "Established", "return": 0.305731, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-02-27", "tenure": "Developing", "return": 0.012091, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-06", "end": "2026-03-27", "tenure": "New", "return": -0.094351, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.241486, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-05-29", "tenure": 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"fair_value": 13.326483, "relative_strength": -1.285482, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.669118, "energy": 37.405971, "activity_lines": [ 11.270667, 10.985509, 10.691187, 10.743751 ] }, { "date": "2026-07-24", "close": 11.16, "volume": 8329654, "typical_volume": 13021943.95, "trend": 10.927109, "fair_value": 13.226999, "relative_strength": 0.593422, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 15.411713, "energy": 20.622416, "activity_lines": [ 11.219333, 11.08044, 10.755059, 10.759239 ] }, { "date": "2026-07-31", "close": 9.8, "volume": 9156217, "typical_volume": 13179258.45, "trend": 10.890918, "fair_value": 13.115091, "relative_strength": -12.648532, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.18825, "energy": 15.178954, "activity_lines": [ 10.703333, 10.891147, 10.686404, 10.686522 ] }, { "date": "2026-08-07", "close": 9.62, "volume": 9957012, "typical_volume": 13330263.6, "trend": 10.805144, "fair_value": 13.009209, "relative_strength": -17.06102, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.990374, "energy": 32.714981, "activity_lines": [ 10.252, 10.671741, 10.602192, 10.604527 ] } ], "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." } } }