{ "ticker": { "uuid": "465b1067-605c-4934-8822-f2e2ae24fe98", "symbol": "SCSC", "name": "ScanSource 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": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 66.954, "architecture_energy": 70.879, "architecture_maturity": 40.0, "architecture_confidence": 90.717, "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": 4.89, "rotation_up": 69.64, "upward_expansion": 90.35, "deceleration": 49.76, "rotation_down": 17.43, "downward_expansion": 14.68 }, "activity_lines": [ 55.235333, 53.701455, 50.123429, 47.041849 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 54.95, "trend_reference": 43.744667, "distance_from_trend": 0.256153, "trend_direction": "Improving", "fair_value": 41.80391, "distance_from_fair_value": 0.31447, "fair_value_direction": "Improving", "relative_strength": 12.133353, "relative_strength_direction": "Improving", "price_momentum": 0.431362, "excess_performance": 0.243909, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.256153, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.097862, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.31447, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.168757, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.121334, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.184549, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.431362, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.250114, "read": "Demand-led" } ], "volume": { "latest": 1312281, "relative_activity": 1.222896, "balance": 2.250114, "dry_up": 0.933692, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.063748, "annualized_volatility": 0.294604, "from_high_reference": -0.07802, "from_low_reference": 0.627666 }, "levels": { "trend_reference": 43.744667, "fair_value_reference": 41.80391, "structural_low": 33.76, "invalidation": "A 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"volume": 891289, "typical_volume": 1088284.45, "trend": 41.724, "fair_value": 41.137756, "relative_strength": 8.918517, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.8272, "energy": 84.311346, "activity_lines": [ 51.384, 49.528727, 45.867952, 43.727312 ] }, { "date": "2026-07-17", "close": 54.79, "volume": 840614, "typical_volume": 1081938.7, "trend": 42.181333, "fair_value": 41.301731, "relative_strength": 17.095348, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.248979, "energy": 82.741335, "activity_lines": [ 52.683333, 50.771636, 47.015857, 44.57028 ] }, { "date": "2026-07-24", "close": 54.88, "volume": 998856, "typical_volume": 1084250.0, "trend": 42.687, "fair_value": 41.463718, "relative_strength": 18.936822, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.517706, "energy": 76.60974, "activity_lines": [ 53.694, 51.869273, 48.086571, 45.389548 ] }, { "date": "2026-07-31", "close": 56.62, "volume": 856000, "typical_volume": 1077765.65, "trend": 43.272333, "fair_value": 41.637115, "relative_strength": 21.55752, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.858768, "energy": 81.902075, "activity_lines": [ 54.934667, 53.051091, 49.234, 46.288452 ] }, { "date": "2026-08-07", "close": 54.95, "volume": 1312281, "typical_volume": 1073092.85, "trend": 43.744667, "fair_value": 41.80391, "relative_strength": 12.133353, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.95418, "energy": 70.879394, "activity_lines": [ 55.235333, 53.701455, 50.123429, 47.041849 ] } ], "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." } } }