{
  "ticker": {
    "uuid": "72d51455-cfd9-44e8-90f5-e69b7171c322",
    "symbol": "WNC",
    "name": "Wabash National Corporation",
    "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": 79.268,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 62.629,
    "architecture_energy": 53.164,
    "architecture_maturity": 50.775,
    "architecture_confidence": 81.32,
    "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": 22.29,
        "rotation_up": 58.14,
        "upward_expansion": 81.92,
        "deceleration": 67.49,
        "rotation_down": 21.1,
        "downward_expansion": 8.58
      },
      "activity_lines": [
        12.979333,
        12.785057,
        11.177275,
        10.543168
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.666667
    },
    "latest_close": 12.93,
    "trend_reference": 10.08698,
    "distance_from_trend": 0.28185,
    "trend_direction": "Improving",
    "fair_value": 15.232048,
    "distance_from_fair_value": -0.151132,
    "fair_value_direction": "Improving",
    "relative_strength": 18.120018,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.183317,
    "excess_performance": 0.057692,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.28185,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.125769,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.151132,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.392382,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.1812,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.4831,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.183317,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.573715,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 4829555,
      "relative_activity": 1.030451,
      "balance": 1.573715,
      "dry_up": 1.763008,
      "accumulation_observations": 4,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.119737,
      "annualized_volatility": 0.747584,
      "from_high_reference": -0.091619,
      "from_low_reference": 0.961992
    },
    "levels": {
      "trend_reference": 10.08698,
      "fair_value_reference": 15.232048,
      "structural_low": 6.59024,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 17,
        "median_return": -0.031277,
        "positive_rate": 0.470588,
        "directional_follow_through": 0.470588,
        "median_excess_return": -0.021928,
        "regime_survival": 0.647059,
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        "worst_return": -0.199863,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
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        "worst_return": -0.216078,
        "sufficient": true
      },
      {
        "horizon": "Extended",
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        "worst_return": -0.229296,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "best_return": 0.50175,
        "worst_return": -0.454132,
        "sufficient": false
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      },
      {
        "date": "2026-04-17",
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      },
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      },
      {
        "date": "2026-07-03",
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        "relative_strength": 27.2619,
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      },
      {
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 4165680.0,
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        "fair_value": 15.414833,
        "relative_strength": 28.729045,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
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        "direction": 72.990232,
        "energy": 88.16141,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-07-24",
        "close": 13.34,
        "volume": 5035997,
        "typical_volume": 4282333.15,
        "trend": 9.870994,
        "fair_value": 15.359276,
        "relative_strength": 28.063855,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.857259,
        "energy": 82.54091,
        "activity_lines": [
          13.309716,
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      },
      {
        "date": "2026-07-31",
        "close": 12.56,
        "volume": 8581108,
        "typical_volume": 4579457.75,
        "trend": 9.996765,
        "fair_value": 15.295349,
        "relative_strength": 18.999077,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.533074,
        "energy": 58.680141,
        "activity_lines": [
          13.036,
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          10.887639,
          10.353927
        ]
      },
      {
        "date": "2026-08-07",
        "close": 12.93,
        "volume": 4829555,
        "typical_volume": 4686835.0,
        "trend": 10.08698,
        "fair_value": 15.232048,
        "relative_strength": 18.120018,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.629357,
        "energy": 53.164098,
        "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."
    }
  }
}