{ "ticker": { "uuid": "54e2406d-c479-4609-a823-477a934c93fb", "symbol": "MGEE", "name": "MGE Energy 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": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 83.65, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 56.719, "architecture_energy": 34.115, "architecture_maturity": 12.742, "architecture_confidence": 67.688, "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": 31.57, "rotation_up": 52.3, "upward_expansion": 76.83, "deceleration": 60.05, "rotation_down": 18.72, "downward_expansion": 3.5 }, "activity_lines": [ 81.13, 80.863818, 79.221169, 78.713583 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Stable", "price_acceptance": 0.666667 }, "latest_close": 81.54, "trend_reference": 78.414408, "distance_from_trend": 0.03986, "trend_direction": "Improving", "fair_value": 79.554286, "distance_from_fair_value": 0.02496, "fair_value_direction": "Improving", "relative_strength": -10.758044, "relative_strength_direction": "Improving", "price_momentum": 0.037303, "excess_performance": -0.150151, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.03986, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.002618, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.02496, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.098958, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.10758, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.148567, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.037303, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.336312, "read": "Demand-led" } ], "volume": { "latest": 1039559, "relative_activity": 0.781616, "balance": 2.336312, "dry_up": 0.719563, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.046178, "annualized_volatility": 0.251716, "from_high_reference": -0.055744, "from_low_reference": 0.137221 }, "levels": { "trend_reference": 78.414408, "fair_value_reference": 79.554286, "structural_low": 71.701075, 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1391361.75, "trend": 78.21052, "fair_value": 79.445321, "relative_strength": -5.572736, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.011356, "energy": 65.378529, "activity_lines": [ 81.99, 80.343721, 78.71573, 78.418056 ] }, { "date": "2026-07-31", "close": 79.53, "volume": 947444, "typical_volume": 1380812.6, "trend": 78.278799, "fair_value": 79.489554, "relative_strength": -8.92904, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.715239, "energy": 38.437619, "activity_lines": [ 81.216667, 80.457081, 78.885226, 78.503183 ] }, { "date": "2026-08-07", "close": 81.54, "volume": 1039559, "typical_volume": 1330012.55, "trend": 78.414408, "fair_value": 79.554286, "relative_strength": -10.758044, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.719331, "energy": 34.115239, "activity_lines": [ 81.13, 80.863818, 79.221169, 78.713583 ] } ], "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." } } }