{
  "ticker": {
    "uuid": "733a51d3-8e7c-4634-9762-6c957beb48f2",
    "symbol": "TTC",
    "name": "Toro Co",
    "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": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Upper balance after advance",
    "architecture_gate": "mixed",
    "architecture_direction": 24.286,
    "architecture_energy": 16.062,
    "architecture_maturity": 13.16,
    "architecture_confidence": 87.899,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 68.61,
        "rotation_up": 42.27,
        "upward_expansion": 36.29,
        "deceleration": 37.35,
        "rotation_down": 25.45,
        "downward_expansion": 15.95
      },
      "activity_lines": [
        95.275333,
        94.769452,
        93.48529,
        93.598637
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.166667
    },
    "latest_close": 99.64,
    "trend_reference": 93.693041,
    "distance_from_trend": 0.063473,
    "trend_direction": "Improving",
    "fair_value": 82.616997,
    "distance_from_fair_value": 0.206047,
    "fair_value_direction": "Improving",
    "relative_strength": 3.578118,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.023374,
    "excess_performance": -0.102251,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.063473,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.073053,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.206047,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.058843,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.035781,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.015431,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.023374,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.118471,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 2507044,
      "relative_activity": 0.689639,
      "balance": 1.118471,
      "dry_up": 0.76515,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.060468,
      "annualized_volatility": 0.239494,
      "from_high_reference": -0.044585,
      "from_low_reference": 0.493122
    },
    "levels": {
      "trend_reference": 93.693041,
      "fair_value_reference": 82.616997,
      "structural_low": 83.889365,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 14,
        "median_return": -0.028978,
        "positive_rate": 0.357143,
        "directional_follow_through": 0.357143,
        "median_excess_return": -0.040088,
        "regime_survival": 0.285714,
        "best_return": 0.106683,
        "worst_return": -0.198263,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
        "median_return": -0.044006,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.095409,
        "regime_survival": 0.444444,
        "best_return": 0.246523,
        "worst_return": -0.167952,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": -0.089144,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.146019,
        "regime_survival": 0.166667,
        "best_return": 0.284621,
        "worst_return": -0.184668,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 5,
        "median_return": -0.087137,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.203868,
        "regime_survival": 0.4,
        "best_return": 0.375798,
        "worst_return": -0.298728,
        "sufficient": true
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2024-09-13",
        "tenure": "Developing",
        "return": -0.050403,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-09-20",
        "end": "2024-10-04",
        "tenure": "New",
        "return": -0.00673,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-10-11",
        "end": "2024-12-06",
        "tenure": "Developing",
        "return": 0.031351,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "end": "2025-01-03",
        "tenure": "New",
        "return": -0.088433,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-01-10",
        "end": "2025-07-04",
        "tenure": "Established",
        "return": -0.026589,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-08-15",
        "tenure": "Developing",
        "return": 0.024937,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2025-08-29",
        "tenure": "New",
        "return": 0.024649,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2025-10-03",
        "tenure": "Developing",
        "return": -0.05855,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-11-14",
        "tenure": "Developing",
        "return": -0.03315,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "active": false
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "return": 0.110889,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "return": 0.030479,
        "active": false
      },
      {
        "regime": "deceleration",
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        "tenure": "Established",
        "return": 0.022933,
        "active": false
      },
      {
        "regime": "balance",
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        "tenure": "New",
        "return": 0.062713,
        "active": true
      }
    ],
    "chart_path": [
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      },
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        "date": "2026-04-17",
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      },
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        "date": "2026-05-15",
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      },
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        "date": "2026-05-22",
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        "typical_volume": 4116352.95,
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      },
      {
        "date": "2026-05-29",
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      {
        "date": "2026-06-12",
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      },
      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-10",
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        "fair_value": 82.660202,
        "relative_strength": -0.005141,
        "stage": 2,
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      },
      {
        "date": "2026-07-17",
        "close": 94.42,
        "volume": 2933831,
        "typical_volume": 4154089.35,
        "trend": 92.401834,
        "fair_value": 82.644372,
        "relative_strength": 2.583424,
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        "regime": "deceleration",
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        "direction": 40.219634,
        "energy": 30.62663,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-07-24",
        "close": 93.76,
        "volume": 2978860,
        "typical_volume": 3992018.25,
        "trend": 92.902365,
        "fair_value": 82.62662,
        "relative_strength": 2.316848,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 37.64384,
        "energy": 28.506138,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-07-31",
        "close": 91.87,
        "volume": 2706468,
        "typical_volume": 3803921.55,
        "trend": 93.315108,
        "fair_value": 82.600946,
        "relative_strength": -0.932259,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -10.207466,
        "energy": 4.839578,
        "activity_lines": [
          93.426,
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          93.19058
        ]
      },
      {
        "date": "2026-08-07",
        "close": 99.64,
        "volume": 2507044,
        "typical_volume": 3635299.9,
        "trend": 93.693041,
        "fair_value": 82.616997,
        "relative_strength": 3.578118,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 24.286045,
        "energy": 16.062185,
        "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."
    }
  }
}