{
  "ticker": {
    "uuid": "57536580-b594-49fd-8a69-ae14a26277ad",
    "symbol": "DAR",
    "name": "Darling Ingredients Inc",
    "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": 95.057,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 52.354,
    "architecture_energy": 45.794,
    "architecture_maturity": 8.336,
    "architecture_confidence": 77.814,
    "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": 34.97,
        "rotation_up": 61.92,
        "upward_expansion": 77.72,
        "deceleration": 53.94,
        "rotation_down": 10.68,
        "downward_expansion": 6.72
      },
      "activity_lines": [
        60.942667,
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        59.413667,
        58.69957
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      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.5
    },
    "latest_close": 59.41,
    "trend_reference": 56.355333,
    "distance_from_trend": 0.054204,
    "trend_direction": "Improving",
    "fair_value": 42.472051,
    "distance_from_fair_value": 0.398802,
    "fair_value_direction": "Weakening",
    "relative_strength": 13.944042,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.232573,
    "excess_performance": 0.106948,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.054204,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.156023,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.398802,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.070862,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.13944,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.243371,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.232573,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.584116,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 11957907,
      "relative_activity": 0.951822,
      "balance": 0.584116,
      "dry_up": 0.871762,
      "accumulation_observations": 1,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.06857,
      "annualized_volatility": 0.319369,
      "from_high_reference": -0.100121,
      "from_low_reference": 1.038079
    },
    "levels": {
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      "fair_value_reference": 42.472051,
      "structural_low": 47.32,
      "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": 10,
        "median_return": 0.050569,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.017843,
        "regime_survival": 0.5,
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        "worst_return": -0.253368,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "regime_survival": 0.2,
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        "worst_return": -0.336561,
        "sufficient": true
      },
      {
        "horizon": "Extended",
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        "worst_return": -0.365317,
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      {
        "horizon": "Full cycle",
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        "sufficient": false
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      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 13247161.7,
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        "fair_value": 42.599423,
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        "stage": 2,
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      },
      {
        "date": "2026-07-24",
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        "volume": 8122288,
        "typical_volume": 13059396.85,
        "trend": 54.911,
        "fair_value": 42.552885,
        "relative_strength": 27.556545,
        "stage": 2,
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        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 60.64,
        "volume": 14051638,
        "typical_volume": 12808859.15,
        "trend": 55.677667,
        "fair_value": 42.504679,
        "relative_strength": 21.363837,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 44.320121,
        "energy": 41.604266,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 59.41,
        "volume": 11957907,
        "typical_volume": 12563179.05,
        "trend": 56.355333,
        "fair_value": 42.472051,
        "relative_strength": 13.944042,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.353741,
        "energy": 45.794052,
        "activity_lines": [
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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."
    }
  }
}