{
  "ticker": {
    "uuid": "4fcd095e-49cf-482a-8b8d-9316fd7725cb",
    "symbol": "PROF",
    "name": "Profound Medical Corp",
    "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": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 84.93,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "up",
    "architecture_direction": 62.094,
    "architecture_energy": 55.747,
    "architecture_maturity": 41.539,
    "architecture_confidence": 86.379,
    "architecture_tenure": "Established",
    "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": 24.08,
        "rotation_up": 67.3,
        "upward_expansion": 89.86,
        "deceleration": 40.3,
        "rotation_down": 12.85,
        "downward_expansion": 11.86
      },
      "activity_lines": [
        7.272667,
        7.079273,
        6.934762,
        6.793441
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 7.41,
    "trend_reference": 6.771833,
    "distance_from_trend": 0.094238,
    "trend_direction": "Weakening",
    "fair_value": 7.330369,
    "distance_from_fair_value": 0.010863,
    "fair_value_direction": "Improving",
    "relative_strength": 1.490436,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.141757,
    "excess_performance": -0.045697,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.094238,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.005215,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.010863,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.131684,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.014904,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.078256,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.141757,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.338544,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 643875,
      "relative_activity": 1.234956,
      "balance": 2.338544,
      "dry_up": 1.135033,
      "accumulation_observations": 3,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.092509,
      "annualized_volatility": 0.671053,
      "from_high_reference": -0.172067,
      "from_low_reference": 0.970745
    },
    "levels": {
      "trend_reference": 6.771833,
      "fair_value_reference": 7.330369,
      "structural_low": 4.8,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 10,
        "median_return": -0.051416,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.076844,
        "regime_survival": 0.6,
        "best_return": 0.150901,
        "worst_return": -0.336409,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": -0.13,
        "positive_rate": 0.2,
        "directional_follow_through": 0.2,
        "median_excess_return": -0.210498,
        "regime_survival": 0.2,
        "best_return": 0.030075,
        "worst_return": -0.308725,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.183559,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.266947,
        "regime_survival": 0.0,
        "best_return": 0.228333,
        "worst_return": -0.239908,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.010626,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.244086,
        "regime_survival": 0.5,
        "best_return": 0.083333,
        "worst_return": -0.062081,
        "sufficient": false
      }
    ],
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        "regime": "downward_expansion",
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        "color": "red",
        "start": "2024-01-12",
        "end": "2024-06-14",
        "tenure": "Established",
        "return": 0.088158,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2024-07-05",
        "tenure": "New",
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        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "return": 0.102481,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-07-26",
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        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "tenure": "New",
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      {
        "regime": "rotation_down",
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        "active": false
      },
      {
        "regime": "downward_expansion",
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        "end": "2025-06-20",
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        "active": false
      },
      {
        "regime": "balance",
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      },
      {
        "date": "2026-05-01",
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        "date": "2026-05-08",
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      },
      {
        "date": "2026-05-15",
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        "activity_lines": [
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        "date": "2026-05-22",
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        "gate": "mixed",
        "direction": 11.988133,
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      },
      {
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        "date": "2026-06-05",
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      },
      {
        "date": "2026-07-03",
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        "fair_value": 7.466331,
        "relative_strength": -5.21373,
        "stage": 1,
        "regime": "balance",
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      },
      {
        "date": "2026-07-10",
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        "trend": 6.845167,
        "fair_value": 7.426844,
        "relative_strength": -3.605532,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -3.129167,
        "energy": 5.37637,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
        "close": 6.85,
        "volume": 326252,
        "typical_volume": 691432.75,
        "trend": 6.819167,
        "fair_value": 7.390305,
        "relative_strength": -2.092268,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 17.568713,
        "energy": 10.820409,
        "activity_lines": [
          6.847333,
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          6.716024,
          6.689624
        ]
      },
      {
        "date": "2026-07-24",
        "close": 7.26,
        "volume": 411206,
        "typical_volume": 595891.75,
        "trend": 6.8155,
        "fair_value": 7.360433,
        "relative_strength": 5.341619,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 32.805192,
        "energy": 32.847253,
        "activity_lines": [
          6.996,
          6.882182,
          6.789524,
          6.718065
        ]
      },
      {
        "date": "2026-07-31",
        "close": 7.38,
        "volume": 985778,
        "typical_volume": 538769.7,
        "trend": 6.806167,
        "fair_value": 7.345241,
        "relative_strength": 6.343196,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 34.222846,
        "energy": 43.44663,
        "activity_lines": [
          7.158667,
          6.983,
          6.865167,
          6.754484
        ]
      },
      {
        "date": "2026-08-07",
        "close": 7.41,
        "volume": 643875,
        "typical_volume": 521374.95,
        "trend": 6.771833,
        "fair_value": 7.330369,
        "relative_strength": 1.490436,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 62.093679,
        "energy": 55.74743,
        "activity_lines": [
          7.272667,
          7.079273,
          6.934762,
          6.793441
        ]
      }
    ],
    "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."
    }
  }
}