{ "ticker": { "uuid": "6fa2c68d-c5c4-4574-b77f-76fa6724e4bc", "symbol": "ICUI", "name": "ICU Medical Inc", "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": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 90.433, "architecture_energy": 89.445, "architecture_maturity": 22.0, "architecture_confidence": 79.404, "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": 9.38, "rotation_up": 85.65, "upward_expansion": 97.84, "deceleration": 39.33, "rotation_down": 9.34, "downward_expansion": 19.84 }, "activity_lines": [ 169.24, 161.106364, 149.060952, 144.191054 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 184.56, "trend_reference": 141.804667, "distance_from_trend": 0.301509, "trend_direction": "Improving", "fair_value": 132.704167, "distance_from_fair_value": 0.390763, "fair_value_direction": "Improving", "relative_strength": 16.920105, "relative_strength_direction": "Improving", "price_momentum": 0.197198, "excess_performance": 0.009744, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.301509, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.024551, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.390763, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.454543, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.169201, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.383337, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.197198, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.782333, "read": "Demand-led" } ], "volume": { "latest": 2516450, "relative_activity": 1.734508, "balance": 2.782333, "dry_up": 1.176255, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.070213, "annualized_volatility": 0.39412, "from_high_reference": -0.042987, "from_low_reference": 0.72486 }, "levels": { "trend_reference": 141.804667, "fair_value_reference": 132.704167, "structural_low": 113.37, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 16, "median_return": 0.002555, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.018594, "regime_survival": 0.6875, "best_return": 0.313185, "worst_return": -0.150535, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.029488, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.094049, "regime_survival": 0.428571, "best_return": 0.447089, "worst_return": -0.290419, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.056384, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.127492, "regime_survival": 0.0, "best_return": 0.388428, "worst_return": -0.21005, "sufficient": false }, { "horizon": "Full 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1362421, "typical_volume": 1413171.6, "trend": 139.434, "fair_value": 132.566795, "relative_strength": 4.421902, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.389618, "energy": 65.17834, "activity_lines": [ 153.803333, 147.885455, 139.146667, 138.347785 ] }, { "date": "2026-07-24", "close": 157.44, "volume": 1286325, "typical_volume": 1414007.0, "trend": 139.753, "fair_value": 132.435385, "relative_strength": 6.069704, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.214127, "energy": 63.584083, "activity_lines": [ 155.914, 150.660545, 141.387524, 139.509462 ] }, { "date": "2026-07-31", "close": 168.51, "volume": 1660918, "typical_volume": 1416556.65, "trend": 140.752333, "fair_value": 132.434038, "relative_strength": 12.766631, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 81.763236, "energy": 79.790801, "activity_lines": [ 160.576667, 154.744364, 144.561524, 141.364753 ] }, { "date": "2026-08-07", "close": 184.56, "volume": 2516450, "typical_volume": 1450814.9, "trend": 141.804667, "fair_value": 132.704167, "relative_strength": 16.920105, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.433138, "energy": 89.4447, "activity_lines": [ 169.24, 161.106364, 149.060952, 144.191054 ] } ], "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." } } }