{ "ticker": { "uuid": "5909d527-a86d-47d2-a532-c0b8905d88ec", "symbol": "HBNC", "name": "Horizon Bancorp", "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": "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": 66.99, "architecture_energy": 54.543, "architecture_maturity": 41.565, "architecture_confidence": 82.848, "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": 6.28, "rotation_up": 63.58, "upward_expansion": 83.79, "deceleration": 54.48, "rotation_down": 19.88, "downward_expansion": 8.12 }, "activity_lines": [ 20.284, 20.05556, 19.39381, 18.799633 ], "activity_state": "Wide", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 20.42, "trend_reference": 18.187285, "distance_from_trend": 0.122762, "trend_direction": "Improving", "fair_value": 14.463608, "distance_from_fair_value": 0.411819, "fair_value_direction": "Improving", "relative_strength": 3.423519, "relative_strength_direction": "Improving", "price_momentum": 0.109523, "excess_performance": -0.07793, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.122762, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.059159, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.411819, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.06627, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.034235, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.089884, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.109523, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.236599, "read": "Demand-led" } ], "volume": { "latest": 2574731, "relative_activity": 1.045487, "balance": 1.236599, "dry_up": 1.358265, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.04883, "annualized_volatility": 0.226687, "from_high_reference": -0.029468, "from_low_reference": 0.417194 }, "levels": { "trend_reference": 18.187285, "fair_value_reference": 14.463608, "structural_low": 15.28409, "invalidation": "A 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7.529298, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.921215, "energy": 70.62442, "activity_lines": [ 19.906613, 19.542963, 18.816803, 18.342082 ] }, { "date": "2026-07-24", "close": 20.06, "volume": 4424543, "typical_volume": 2354853.8, "trend": 17.93337, "fair_value": 14.342029, "relative_strength": 7.796097, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.682183, "energy": 52.497911, "activity_lines": [ 19.995146, 19.713584, 19.005263, 18.485587 ] }, { "date": "2026-07-31", "close": 20.45, "volume": 3523876, "typical_volume": 2442094.4, "trend": 18.068917, "fair_value": 14.402491, "relative_strength": 9.036354, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.676721, "energy": 53.633887, "activity_lines": [ 20.155333, 19.907819, 19.21218, 18.64795 ] }, { "date": "2026-08-07", "close": 20.42, "volume": 2574731, "typical_volume": 2462709.25, "trend": 18.187285, "fair_value": 14.463608, "relative_strength": 3.423519, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.989656, "energy": 54.543137, "activity_lines": [ 20.284, 20.05556, 19.39381, 18.799633 ] } ], "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." } } }