{
  "ticker": {
    "uuid": "4eb30122-f1f6-4998-9ba4-684d38066c6c",
    "symbol": "AIT",
    "name": "Applied Industrial Technologies",
    "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": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "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": 80.353,
    "architecture_energy": 67.506,
    "architecture_maturity": 45.789,
    "architecture_confidence": 82.449,
    "architecture_tenure": "Established",
    "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": 8.05,
        "rotation_up": 68.6,
        "upward_expansion": 84.48,
        "deceleration": 56.3,
        "rotation_down": 17.94,
        "downward_expansion": 11.14
      },
      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Stable",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 359.9,
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    "distance_from_trend": 0.19736,
    "trend_direction": "Improving",
    "fair_value": 231.336868,
    "distance_from_fair_value": 0.55574,
    "fair_value_direction": "Improving",
    "relative_strength": 13.961615,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.237933,
    "excess_performance": 0.112308,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.19736,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.094182,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.55574,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.123265,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.139616,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.086432,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.237933,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.379117,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1010684,
      "relative_activity": 0.772565,
      "balance": 1.379117,
      "dry_up": 1.008707,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.045942,
      "annualized_volatility": 0.210059,
      "from_high_reference": -0.008349,
      "from_low_reference": 0.518091
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    "levels": {
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      "fair_value_reference": 231.336868,
      "structural_low": 250.484117,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 36,
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        "positive_rate": 0.555556,
        "directional_follow_through": 0.555556,
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      },
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        "horizon": "Intermediate",
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        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 1398968.25,
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      },
      {
        "date": "2026-07-24",
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        "volume": 1207365,
        "typical_volume": 1398423.2,
        "trend": 294.741993,
        "fair_value": 228.659363,
        "relative_strength": 15.471392,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.246719,
        "energy": 62.166323,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 345.21,
        "volume": 1245360,
        "typical_volume": 1382562.4,
        "trend": 297.624722,
        "fair_value": 229.986451,
        "relative_strength": 13.419883,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.547578,
        "energy": 59.402175,
        "activity_lines": [
          341.111333,
          336.400545,
          323.37638,
          311.299887
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      },
      {
        "date": "2026-08-07",
        "close": 359.9,
        "volume": 1010684,
        "typical_volume": 1308218.25,
        "trend": 300.577913,
        "fair_value": 231.336868,
        "relative_strength": 13.961615,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.353331,
        "energy": 67.505681,
        "activity_lines": [
          348.366,
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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."
    }
  }
}