{
  "ticker": {
    "uuid": "7285fe11-f7a2-4917-bf0a-38a94ca9a6b1",
    "symbol": "EMR",
    "name": "Emerson Electric Co.",
    "exchange": "VIE",
    "country": "AT",
    "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": "^ATX",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 78.702,
    "architecture_energy": 71.109,
    "architecture_maturity": 23.741,
    "architecture_confidence": 70.949,
    "architecture_tenure": "Developing",
    "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": 23.08,
        "rotation_up": 68.78,
        "upward_expansion": 85.55,
        "deceleration": 48.38,
        "rotation_down": 11.29,
        "downward_expansion": 14.55
      },
      "activity_lines": [
        130.996666,
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      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.5
    },
    "latest_close": 137.550003,
    "trend_reference": 122.61956,
    "distance_from_trend": 0.121762,
    "trend_direction": "Improving",
    "fair_value": 105.175454,
    "distance_from_fair_value": 0.307815,
    "fair_value_direction": "Improving",
    "relative_strength": -5.360463,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.050124,
    "excess_performance": -0.124123,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.121762,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.035799,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.307815,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.131052,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.053605,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.074698,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.050124,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.481328,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 443,
      "relative_activity": 6.99842,
      "balance": 3.481328,
      "dry_up": 3.692733,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
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      "range_context": 0.0497,
      "annualized_volatility": 0.280463,
      "from_high_reference": -0.034398,
      "from_low_reference": 0.293469
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    "levels": {
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      "fair_value_reference": 105.175454,
      "structural_low": 107.767453,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
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    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 15,
        "median_return": -0.015078,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.028242,
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        "worst_return": -0.120209,
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        "close": 118.984116,
        "volume": 92,
        "typical_volume": 33.05,
        "trend": 117.871343,
        "fair_value": 101.111415,
        "relative_strength": -12.830219,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 33.940101,
        "energy": 21.043696,
        "activity_lines": [
          120.075589,
          118.299911,
          119.553848,
          119.146581
        ]
      },
      {
        "date": "2026-05-15",
        "close": 114.800003,
        "volume": 0,
        "typical_volume": 33.05,
        "trend": 118.061248,
        "fair_value": 101.387953,
        "relative_strength": -15.261966,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -2.272898,
        "energy": 2.590082,
        "activity_lines": [
          118.067138,
          117.869593,
          119.033708,
          118.94843
        ]
      },
      {
        "date": "2026-05-22",
        "close": 117.0,
        "volume": 59,
        "typical_volume": 36.0,
        "trend": 118.177832,
        "fair_value": 101.691994,
        "relative_strength": -15.176411,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -15.483822,
        "energy": 11.594634,
        "activity_lines": [
          117.343,
          117.911187,
          118.717651,
          118.879963
        ]
      },
      {
        "date": "2026-05-29",
        "close": 124.349998,
        "volume": 0,
        "typical_volume": 35.8,
        "trend": 118.381581,
        "fair_value": 102.025524,
        "relative_strength": -12.060028,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 43.647897,
        "energy": 15.76741,
        "activity_lines": [
          119.423411,
          119.266769,
          119.087282,
          119.278167
        ]
      },
      {
        "date": "2026-06-05",
        "close": 120.650002,
        "volume": 0,
        "typical_volume": 35.8,
        "trend": 118.714532,
        "fair_value": 102.3293,
        "relative_strength": -13.468605,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 31.934906,
        "energy": 13.925896,
        "activity_lines": [
          120.015608,
          119.703135,
          119.094964,
          119.424517
        ]
      },
      {
        "date": "2026-06-12",
        "close": 123.5,
        "volume": 0,
        "typical_volume": 30.6,
        "trend": 119.166197,
        "fair_value": 102.634927,
        "relative_strength": -13.537132,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 44.952902,
        "energy": 34.697532,
        "activity_lines": [
          121.463334,
          120.446979,
          119.409786,
          119.733257
        ]
      },
      {
        "date": "2026-06-19",
        "close": 132.25,
        "volume": 0,
        "typical_volume": 30.6,
        "trend": 119.908206,
        "fair_value": 103.002076,
        "relative_strength": -10.841823,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 67.591239,
        "energy": 64.169844,
        "activity_lines": [
          125.526667,
          122.593765,
          120.574513,
          120.577373
        ]
      },
      {
        "date": "2026-06-26",
        "close": 125.300003,
        "volume": 5,
        "typical_volume": 22.75,
        "trend": 120.273825,
        "fair_value": 103.307772,
        "relative_strength": -13.501725,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.239995,
        "energy": 60.583598,
        "activity_lines": [
          126.110001,
          123.30991,
          121.031753,
          120.925231
        ]
      },
      {
        "date": "2026-07-03",
        "close": 122.550003,
        "volume": 0,
        "typical_volume": 18.4,
        "trend": 120.449313,
        "fair_value": 103.602842,
        "relative_strength": -16.911869,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.193003,
        "energy": 55.752916,
        "activity_lines": [
          125.223335,
          123.471841,
          121.254158,
          121.072081
        ]
      },
      {
        "date": "2026-07-10",
        "close": 122.449997,
        "volume": 81,
        "typical_volume": 20.9,
        "trend": 120.674334,
        "fair_value": 103.895219,
        "relative_strength": -15.408672,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.865154,
        "energy": 42.770286,
        "activity_lines": [
          124.423334,
          123.578803,
          121.475603,
          121.201157
        ]
      },
      {
        "date": "2026-07-17",
        "close": 123.300003,
        "volume": 265,
        "typical_volume": 29.8,
        "trend": 121.045979,
        "fair_value": 104.18737,
        "relative_strength": -12.627814,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 45.797648,
        "energy": 21.467125,
        "activity_lines": [
          123.786668,
          123.781819,
          121.790454,
          121.370555
        ]
      },
      {
        "date": "2026-07-24",
        "close": 130.449997,
        "volume": 72,
        "typical_volume": 33.4,
        "trend": 121.605733,
        "fair_value": 104.526804,
        "relative_strength": -8.321098,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.342508,
        "energy": 32.761189,
        "activity_lines": [
          125.546666,
          125.206364,
          122.796084,
          121.977266
        ]
      },
      {
        "date": "2026-07-31",
        "close": 129.199997,
        "volume": 155,
        "typical_volume": 41.15,
        "trend": 122.112586,
        "fair_value": 104.824904,
        "relative_strength": -8.677348,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.798137,
        "energy": 38.103817,
        "activity_lines": [
          127.009999,
          126.119091,
          123.626977,
          122.467219
        ]
      },
      {
        "date": "2026-08-07",
        "close": 137.550003,
        "volume": 443,
        "typical_volume": 63.3,
        "trend": 122.61956,
        "fair_value": 105.175454,
        "relative_strength": -5.360463,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.702259,
        "energy": 71.109239,
        "activity_lines": [
          130.996666,
          128.328182,
          125.189154,
          123.463181
        ]
      }
    ],
    "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."
    }
  }
}