{ "ticker": { "uuid": "54b8f28d-c751-402c-8e47-793248972316", "symbol": "FTRE", "name": "Fortrea Holdings 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": "Early expansion", "architecture_gate": "up", "architecture_direction": 64.642, "architecture_energy": 65.444, "architecture_maturity": 28.664, "architecture_confidence": 92.534, "architecture_tenure": "New", "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": 15.83, "rotation_up": 64.16, "upward_expansion": 89.38, "deceleration": 47.62, "rotation_down": 19.54, "downward_expansion": 13.72 }, "activity_lines": [ 18.711333, 18.106182, 16.473905, 15.039247 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Stable", "price_acceptance": 0.833333 }, "latest_close": 18.43, "trend_reference": 13.919, "distance_from_trend": 0.324089, "trend_direction": "Improving", "fair_value": 19.046603, "distance_from_fair_value": -0.032373, "fair_value_direction": "Improving", "relative_strength": 24.870535, "relative_strength_direction": "Weakening", "price_momentum": 0.25802, "excess_performance": 0.070567, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.324089, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.079829, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.032373, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.186517, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.248705, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.032805, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.25802, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.943685, "read": "Supply-led" } ], "volume": { "latest": 9618781, "relative_activity": 1.42576, "balance": 0.943685, "dry_up": 1.21791, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.114053, "annualized_volatility": 0.896701, "from_high_reference": -0.138382, "from_low_reference": 2.038747 }, "levels": { "trend_reference": 13.919, "fair_value_reference": 19.046603, "structural_low": 8.55, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 5, "median_return": -0.035398, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": 0.008403, "regime_survival": 0.8, "best_return": 0.627523, "worst_return": -0.406667, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.262936, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.287414, "regime_survival": 0.5, "best_return": 1.004608, "worst_return": -0.478736, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.044931, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.098569, "regime_survival": 0.0, "best_return": 0.044931, "worst_return": 0.044931, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, 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27.818669, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 70.502592, "energy": 61.45168, "activity_lines": [ 17.198, 16.449818, 14.483524, 13.766946 ] }, { "date": "2026-07-17", "close": 17.76, "volume": 5134535, "typical_volume": 6729650.2, "trend": 13.735, "fair_value": 19.27109, "relative_strength": 31.108058, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.918924, "energy": 69.125811, "activity_lines": [ 17.486, 16.801455, 14.950619, 14.026667 ] }, { "date": "2026-07-24", "close": 19.52, "volume": 6421867, "typical_volume": 6619321.8, "trend": 13.805667, "fair_value": 19.192821, "relative_strength": 44.094625, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.75937, "energy": 73.432385, "activity_lines": [ 18.275333, 17.430727, 15.55181, 14.399892 ] }, { "date": "2026-07-31", "close": 19.17, "volume": 11690957, "typical_volume": 6701831.85, "trend": 13.884333, "fair_value": 19.124872, "relative_strength": 38.323211, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.493821, "energy": 69.073108, "activity_lines": [ 18.667333, 17.889818, 16.072476, 14.745978 ] }, { "date": "2026-08-07", "close": 18.43, "volume": 9618781, "typical_volume": 6746424.0, "trend": 13.919, "fair_value": 19.046603, "relative_strength": 24.870535, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.64234, "energy": 65.444101, "activity_lines": [ 18.711333, 18.106182, 16.473905, 15.039247 ] } ], "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." } } }