{ "ticker": { "uuid": "62392bd1-8921-4120-a935-b80f1ed83297", "symbol": "TMO", "name": "Thermo Fisher Scientific 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": 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": 64.144, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "mixed", "architecture_direction": 54.966, "architecture_energy": 76.132, "architecture_maturity": 18.944, "architecture_confidence": 68.881, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 11.81, "rotation_up": 80.22, "upward_expansion": 69.14, "deceleration": 18.08, "rotation_down": 16.36, "downward_expansion": 25.14 }, "activity_lines": [ 570.932667, 545.775836, 515.770885, 508.089254 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 594.0, "trend_reference": 511.273726, "distance_from_trend": 0.161804, "trend_direction": "Weakening", "fair_value": 522.986959, "distance_from_fair_value": 0.135784, "fair_value_direction": "Improving", "relative_strength": 0.736389, "relative_strength_direction": "Improving", "price_momentum": 0.09646, "excess_performance": -0.029165, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.161804, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.036544, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.135784, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.250218, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.007364, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.183523, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.09646, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.268171, "read": "Demand-led" } ], "volume": { "latest": 9009965, "relative_activity": 0.841648, "balance": 2.268171, "dry_up": 1.071403, "accumulation_observations": 5, "distribution_observations": 3 }, "risk": { "range_context": 0.061611, "annualized_volatility": 0.352028, "from_high_reference": -0.075776, "from_low_reference": 0.366024 }, "levels": { "trend_reference": 511.273726, "fair_value_reference": 522.986959, "structural_low": 434.838576, 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28.083717, "energy": 43.339739, "activity_lines": [ 522.106, 503.236036, 490.21454, 495.259288 ] }, { "date": "2026-07-24", "close": 568.26, "volume": 16195977, "typical_volume": 10837478.25, "trend": 512.628584, "fair_value": 522.433497, "relative_strength": 0.996978, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 43.758795, "energy": 64.926266, "activity_lines": [ 540.818667, 517.836413, 498.113289, 498.824073 ] }, { "date": "2026-07-31", "close": 574.3, "volume": 11921126, "typical_volume": 10871632.55, "trend": 512.06111, "fair_value": 522.631659, "relative_strength": 0.916521, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 52.218628, "energy": 71.626886, "activity_lines": [ 554.634667, 531.164891, 506.266826, 502.802874 ] }, { "date": "2026-08-07", "close": 594.0, "volume": 9009965, "typical_volume": 10705145.1, "trend": 511.273726, "fair_value": 522.986959, "relative_strength": 0.736389, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.965938, "energy": 76.132008, "activity_lines": [ 570.932667, 545.775836, 515.770885, 508.089254 ] } ], "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." } } }