{ "ticker": { "uuid": "7839c830-2f1b-4502-a9bd-67a30a8411fc", "symbol": "BHE", "name": "Benchmark Electronics Inc", "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": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 27.919, "architecture_energy": 19.759, "architecture_maturity": 73.94, "architecture_confidence": 89.746, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 55.29, "rotation_up": 19.2, "upward_expansion": 52.09, "deceleration": 93.88, "rotation_down": 31.37, "downward_expansion": 18.09 }, "activity_lines": [ 81.076, 83.40759, 83.076048, 78.075171 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 82.36, "trend_reference": 70.892965, "distance_from_trend": 0.161751, "trend_direction": "Improving", "fair_value": 43.068307, "distance_from_fair_value": 0.912311, "fair_value_direction": "Weakening", "relative_strength": 26.930535, "relative_strength_direction": "Weakening", "price_momentum": 0.416977, "excess_performance": 0.291352, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.161751, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.235346, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.912311, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.335203, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.269305, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.364942, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.416977, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.505973, "read": "Supply-led" } ], "volume": { "latest": 1453157, "relative_activity": 0.665088, "balance": 0.505973, "dry_up": 0.994316, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.114347, "annualized_volatility": 0.396774, "from_high_reference": -0.179762, "from_low_reference": 1.309612 }, "levels": { "trend_reference": 70.892965, "fair_value_reference": 43.068307, "structural_low": 50.596568, "invalidation": "A 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"activity_lines": [ 87.952887, 87.448081, 81.312061, 74.830953 ] }, { "date": "2026-07-17", "close": 78.45, "volume": 2859520, "typical_volume": 2217576.45, "trend": 67.223264, "fair_value": 41.982637, "relative_strength": 29.982618, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.939359, "energy": 31.076378, "activity_lines": [ 84.444989, 85.928276, 81.739123, 75.628893 ] }, { "date": "2026-07-24", "close": 81.1, "volume": 1472388, "typical_volume": 2216423.95, "trend": 68.444668, "fair_value": 42.34366, "relative_strength": 33.62487, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.592942, "energy": 22.403734, "activity_lines": [ 82.575445, 85.015978, 82.319449, 76.524167 ] }, { "date": "2026-07-31", "close": 79.77, "volume": 2904899, "typical_volume": 2274937.7, "trend": 69.644759, "fair_value": 42.695243, "relative_strength": 28.618507, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.896158, "energy": 22.236833, "activity_lines": [ 80.99, 83.929024, 82.638012, 77.254833 ] }, { "date": "2026-08-07", "close": 82.36, "volume": 1453157, "typical_volume": 2184910.4, "trend": 70.892965, "fair_value": 43.068307, "relative_strength": 26.930535, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.919347, "energy": 19.759344, "activity_lines": [ 81.076, 83.40759, 83.076048, 78.075171 ] } ], "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." } } }