{
  "ticker": {
    "uuid": "630e8a6c-664b-4471-8afb-6d1516814b4a",
    "symbol": "PVH",
    "name": "PVH Corp",
    "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": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 43.007,
    "architecture_energy": 26.905,
    "architecture_maturity": 32.024,
    "architecture_confidence": 56.622,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 45.69,
        "rotation_up": 51.92,
        "upward_expansion": 64.5,
        "deceleration": 59.45,
        "rotation_down": 13.44,
        "downward_expansion": 10.16
      },
      "activity_lines": [
        84.096,
        81.252545,
        82.551059,
        80.773838
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.166667
    },
    "latest_close": 87.58,
    "trend_reference": 77.186214,
    "distance_from_trend": 0.134659,
    "trend_direction": "Improving",
    "fair_value": 89.394866,
    "distance_from_fair_value": -0.020302,
    "fair_value_direction": "Weakening",
    "relative_strength": 0.366621,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.32582,
    "excess_performance": 0.200195,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.134659,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.025014,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.020302,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.018333,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.003666,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.046773,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.32582,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.058387,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 5178605,
      "relative_activity": 0.927831,
      "balance": 1.058387,
      "dry_up": 0.8096,
      "accumulation_observations": 0,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.11306,
      "annualized_volatility": 0.538657,
      "from_high_reference": -0.130676,
      "from_low_reference": 0.470025
    },
    "levels": {
      "trend_reference": 77.186214,
      "fair_value_reference": 89.394866,
      "structural_low": 59.577203,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 9,
        "median_return": -0.007589,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.039376,
        "regime_survival": 0.555556,
        "best_return": 0.117482,
        "worst_return": -0.104174,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": 0.017639,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.082094,
        "regime_survival": 0.0,
        "best_return": 0.098377,
        "worst_return": -0.282388,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.064319,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.098926,
        "regime_survival": 0.0,
        "best_return": 0.09593,
        "worst_return": -0.079391,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.223772,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.021384,
        "regime_survival": 0.0,
        "best_return": 0.794186,
        "worst_return": -0.346642,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-12-06",
        "end": "2025-01-10",
        "tenure": "Developing",
        "return": -0.068203,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-17",
        "end": "2025-01-24",
        "tenure": "New",
        "return": -0.02673,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-01-31",
        "end": "2025-02-07",
        "tenure": "New",
        "return": -0.119978,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-02-14",
        "end": "2025-05-16",
        "tenure": "Established",
        "return": 0.111124,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-23",
        "end": "2025-06-20",
        "tenure": "Developing",
        "return": -0.211367,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-06-27",
        "end": "2025-07-18",
        "tenure": "New",
        "return": 0.085945,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-07-25",
        "end": "2025-08-29",
        "tenure": "Developing",
        "return": 0.097202,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-05",
        "end": "2025-10-17",
        "tenure": "Developing",
        "return": -0.067457,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-24",
        "end": "2025-12-26",
        "tenure": "Developing",
        "return": -0.197,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-01-02",
        "end": "2026-01-16",
        "tenure": "New",
        "return": -0.047036,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-23",
        "end": "2026-04-03",
        "tenure": "Developing",
        "return": 0.2576,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2026-05-01",
        "tenure": "New",
        "return": 0.009918,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2026-06-05",
        "tenure": "Developing",
        "return": -0.130199,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2026-08-07",
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        "return": 0.06857,
        "active": true
      }
    ],
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        "date": "2026-04-17",
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      },
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        "date": "2026-06-05",
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      },
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      },
      {
        "date": "2026-07-03",
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      },
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 5628543.6,
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        "fair_value": 89.413353,
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        "stage": 3,
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        "energy": 13.588845,
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 5608034.5,
        "trend": 75.842639,
        "fair_value": 89.36612,
        "relative_strength": -3.602356,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
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        "direction": 9.777585,
        "energy": 8.172448,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 86.66,
        "volume": 4349569,
        "typical_volume": 5581331.7,
        "trend": 76.472785,
        "fair_value": 89.369093,
        "relative_strength": 2.760828,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.859166,
        "energy": 20.856086,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 87.58,
        "volume": 5178605,
        "typical_volume": 5581412.4,
        "trend": 77.186214,
        "fair_value": 89.394866,
        "relative_strength": 0.366621,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.007167,
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        "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."
    }
  }
}