{ "ticker": { "uuid": "6aba813b-91f7-4ccb-9be9-4b65d6114b01", "symbol": "BDX", "name": "Becton Dickinson and Company", "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": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "mixed", "architecture_direction": 47.811, "architecture_energy": 62.451, "architecture_maturity": 14.144, "architecture_confidence": 79.23, "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": 20.83, "rotation_up": 74.46, "upward_expansion": 56.49, "deceleration": 15.2, "rotation_down": 14.69, "downward_expansion": 26.83 }, "activity_lines": [ 165.609333, 160.318422, 155.26039, 155.485927 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 176.86, "trend_reference": 156.95859, "distance_from_trend": 0.126794, "trend_direction": "Improving", "fair_value": 165.79867, "distance_from_fair_value": 0.066715, "fair_value_direction": "Improving", "relative_strength": 2.848567, "relative_strength_direction": "Improving", "price_momentum": 0.085472, "excess_performance": -0.040153, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.126794, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.013058, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.066715, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.189009, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.028486, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.13891, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.085472, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.286457, "read": "Demand-led" } ], "volume": { "latest": 11519879, "relative_activity": 0.914147, "balance": 1.286457, "dry_up": 0.749761, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.057194, "annualized_volatility": 0.279856, "from_high_reference": -0.043382, "from_low_reference": 0.412496 }, "levels": { "trend_reference": 156.95859, "fair_value_reference": 165.79867, "structural_low": 140.11, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 6, "median_return": -0.034789, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.034624, "regime_survival": 0.333333, "best_return": 0.02541, "worst_return": -0.074996, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.055377, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.058783, "regime_survival": 0.0, "best_return": 0.010847, "worst_return": -0.153758, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.055726, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.042307, "regime_survival": 0.0, "best_return": 0.176038, "worst_return": -0.230685, "sufficient": false }, { "horizon": 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"fair_value": 165.79867, "relative_strength": 2.848567, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.811179, "energy": 62.451499, "activity_lines": [ 165.609333, 160.318422, 155.26039, 155.485927 ] } ], "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." } } }