{
  "ticker": {
    "uuid": "78e380c9-f1e2-4ffa-aad1-f65796fc7328",
    "symbol": "SMP",
    "name": "Standard Motor Products 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": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 49.488,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "mixed",
    "architecture_direction": 23.911,
    "architecture_energy": 15.233,
    "architecture_maturity": 36.238,
    "architecture_confidence": 69.792,
    "architecture_tenure": "Established",
    "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": 59.24,
        "rotation_up": 34.97,
        "upward_expansion": 40.13,
        "deceleration": 43.12,
        "rotation_down": 34.35,
        "downward_expansion": 14.79
      },
      "activity_lines": [
        39.158667,
        38.989273,
        38.784492,
        38.582928
      ],
      "activity_state": "Compressed",
      "activity_direction": "Expanding",
      "rotation_direction": "Stable",
      "price_acceptance": -0.333333
    },
    "latest_close": 40.76,
    "trend_reference": 38.709383,
    "distance_from_trend": 0.052975,
    "trend_direction": "Improving",
    "fair_value": 32.88468,
    "distance_from_fair_value": 0.239483,
    "fair_value_direction": "Improving",
    "relative_strength": -5.359029,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.061195,
    "excess_performance": -0.18682,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.052975,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.017749,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.239483,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.005766,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.05359,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.03847,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.061195,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.73993,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 931277,
      "relative_activity": 1.496877,
      "balance": 2.73993,
      "dry_up": 1.093069,
      "accumulation_observations": 4,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.068946,
      "annualized_volatility": 0.303133,
      "from_high_reference": -0.09936,
      "from_low_reference": 0.199986
    },
    "levels": {
      "trend_reference": 38.709383,
      "fair_value_reference": 32.88468,
      "structural_low": 33.967051,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 20,
        "median_return": -0.007969,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.006746,
        "regime_survival": 0.55,
        "best_return": 0.142897,
        "worst_return": -0.169149,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
        "median_return": 0.030688,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.003536,
        "regime_survival": 0.5,
        "best_return": 0.137368,
        "worst_return": -0.250355,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": 0.067743,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.023187,
        "regime_survival": 0.333333,
        "best_return": 0.266403,
        "worst_return": -0.185863,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": -0.045651,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.081697,
        "regime_survival": 0.5,
        "best_return": 0.304378,
        "worst_return": -0.266384,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-04-19",
        "end": "2024-08-09",
        "tenure": "Established",
        "return": -0.076278,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-16",
        "end": "2024-08-30",
        "tenure": "New",
        "return": 0.063179,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-09-06",
        "end": "2024-09-20",
        "tenure": "New",
        "return": 0.08879,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2024-10-18",
        "tenure": "New",
        "return": -0.054046,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "tenure": "New",
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        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-11-22",
        "end": "2025-01-17",
        "tenure": "Developing",
        "return": -0.058238,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-24",
        "end": "2025-02-28",
        "tenure": "Developing",
        "return": -0.085727,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "end": "2025-05-23",
        "tenure": "Developing",
        "return": 0.044947,
        "active": false
      },
      {
        "regime": "rotation_up",
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        "return": 0.086139,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "tenure": "Established",
        "return": 0.191324,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2026-01-30",
        "tenure": "Established",
        "return": 0.052577,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "return": -0.182497,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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        "return": 0.06526,
        "active": false
      },
      {
        "regime": "balance",
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        "start": "2026-04-24",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.065377,
        "active": true
      }
    ],
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        "date": "2026-04-17",
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        "typical_volume": 658205.55,
        "trend": 38.111996,
        "fair_value": 32.335948,
        "relative_strength": -3.385805,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.523365,
        "energy": 32.626025,
        "activity_lines": [
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      },
      {
        "date": "2026-04-24",
        "close": 38.258773,
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        "modifier": "Balance after decline",
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        "energy": 13.795469,
        "activity_lines": [
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      },
      {
        "date": "2026-05-01",
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        "typical_volume": 640903.0,
        "trend": 37.978244,
        "fair_value": 32.407943,
        "relative_strength": -3.743266,
        "stage": 3,
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        "modifier": "Balance after decline",
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        "energy": 8.292419,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-05-08",
        "close": 40.042861,
        "volume": 527781,
        "typical_volume": 603473.9,
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        "fair_value": 32.457096,
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        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 28.136728,
        "energy": 23.254168,
        "activity_lines": [
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      },
      {
        "date": "2026-05-15",
        "close": 37.0,
        "volume": 452852,
        "typical_volume": 604550.95,
        "trend": 38.020119,
        "fair_value": 32.480155,
        "relative_strength": -9.216821,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -0.013245,
        "energy": 9.634821,
        "activity_lines": [
          38.248862,
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      },
      {
        "date": "2026-05-22",
        "close": 37.9,
        "volume": 432534,
        "typical_volume": 602791.6,
        "trend": 37.935615,
        "fair_value": 32.508983,
        "relative_strength": -7.883747,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 4.585302,
        "energy": 7.861895,
        "activity_lines": [
          38.148433,
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        ]
      },
      {
        "date": "2026-05-29",
        "close": 39.19,
        "volume": 760506,
        "typical_volume": 608281.7,
        "trend": 38.034294,
        "fair_value": 32.545677,
        "relative_strength": -6.161587,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 41.939153,
        "energy": 21.930703,
        "activity_lines": [
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      },
      {
        "date": "2026-06-05",
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        "volume": 533787,
        "typical_volume": 599962.15,
        "trend": 38.097878,
        "fair_value": 32.581066,
        "relative_strength": -3.81539,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 40.179034,
        "energy": 18.988924,
        "activity_lines": [
          38.710191,
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      },
      {
        "date": "2026-06-12",
        "close": 39.4,
        "volume": 568103,
        "typical_volume": 604522.3,
        "trend": 38.185018,
        "fair_value": 32.620088,
        "relative_strength": -4.068741,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 42.296783,
        "energy": 25.783276,
        "activity_lines": [
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      },
      {
        "date": "2026-06-19",
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        "fair_value": 32.664144,
        "relative_strength": -5.024927,
        "stage": 3,
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        "energy": 35.492117,
        "activity_lines": [
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      },
      {
        "date": "2026-06-26",
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        "volume": 1205791,
        "typical_volume": 642364.35,
        "trend": 38.383905,
        "fair_value": 32.707756,
        "relative_strength": 0.078183,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 52.510615,
        "energy": 45.00453,
        "activity_lines": [
          39.776,
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      },
      {
        "date": "2026-07-03",
        "close": 37.93,
        "volume": 571623,
        "typical_volume": 641470.45,
        "trend": 38.451559,
        "fair_value": 32.735043,
        "relative_strength": -8.509288,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 16.87234,
        "energy": 16.477084,
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      },
      {
        "date": "2026-07-10",
        "close": 37.47,
        "volume": 591848,
        "typical_volume": 647438.85,
        "trend": 38.454689,
        "fair_value": 32.753833,
        "relative_strength": -10.774413,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -11.991851,
        "energy": 5.949948,
        "activity_lines": [
          38.612,
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      },
      {
        "date": "2026-07-17",
        "close": 38.59,
        "volume": 605465,
        "typical_volume": 631714.5,
        "trend": 38.491544,
        "fair_value": 32.783212,
        "relative_strength": -6.760151,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -7.256434,
        "energy": 5.635484,
        "activity_lines": [
          38.486,
          38.758727,
          38.406818,
          38.453506
        ]
      },
      {
        "date": "2026-07-24",
        "close": 38.67,
        "volume": 521665,
        "typical_volume": 621829.2,
        "trend": 38.551727,
        "fair_value": 32.814203,
        "relative_strength": -6.086822,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -1.700345,
        "energy": 6.972441,
        "activity_lines": [
          38.440667,
          38.757818,
          38.488746,
          38.465019
        ]
      },
      {
        "date": "2026-07-31",
        "close": 38.23,
        "volume": 661788,
        "typical_volume": 625043.0,
        "trend": 38.610688,
        "fair_value": 32.837865,
        "relative_strength": -8.265909,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -5.105567,
        "energy": 6.583913,
        "activity_lines": [
          38.298,
          38.646545,
          38.521243,
          38.444262
        ]
      },
      {
        "date": "2026-08-07",
        "close": 40.76,
        "volume": 931277,
        "typical_volume": 622146.5,
        "trend": 38.709383,
        "fair_value": 32.88468,
        "relative_strength": -5.359029,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 23.91121,
        "energy": 15.232917,
        "activity_lines": [
          39.158667,
          38.989273,
          38.784492,
          38.582928
        ]
      }
    ],
    "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."
    }
  }
}