{
  "ticker": {
    "uuid": "7acfdd3a-d2b0-43a0-9af1-6104584f0c29",
    "symbol": "VLY",
    "name": "Valley National Bancorp",
    "exchange": "NASDAQ",
    "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": "QQQ",
    "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": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 49.63,
    "architecture_energy": 37.605,
    "architecture_maturity": 74.354,
    "architecture_confidence": 65.93,
    "architecture_tenure": "Established",
    "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": 22.67,
        "rotation_up": 45.79,
        "upward_expansion": 68.68,
        "deceleration": 61.99,
        "rotation_down": 25.19,
        "downward_expansion": 16.34
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      "activity_lines": [
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        13.750243
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.666667
    },
    "latest_close": 14.55,
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    "distance_from_trend": 0.096925,
    "trend_direction": "Improving",
    "fair_value": 9.45119,
    "distance_from_fair_value": 0.539489,
    "fair_value_direction": "Improving",
    "relative_strength": 5.136129,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.079442,
    "excess_performance": -0.108012,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.096925,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.086934,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.539489,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.041299,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.051361,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.022909,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.079442,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.497578,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 33549205,
      "relative_activity": 1.064384,
      "balance": 1.497578,
      "dry_up": 1.174216,
      "accumulation_observations": 4,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.048846,
      "annualized_volatility": 0.219701,
      "from_high_reference": -0.042763,
      "from_low_reference": 0.6296
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    "levels": {
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      "structural_low": 11.362535,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 23,
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        "worst_return": -0.13355,
        "sufficient": true
      },
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        "horizon": "Intermediate",
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        "sufficient": true
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        "horizon": "Extended",
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        "horizon": "Full cycle",
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      },
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      },
      {
        "date": "2026-07-17",
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 33058823.65,
        "trend": 13.079395,
        "fair_value": 9.377571,
        "relative_strength": 10.496039,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
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        "direction": 63.320091,
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        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 14.29,
        "volume": 32534989,
        "typical_volume": 32691502.3,
        "trend": 13.172622,
        "fair_value": 9.412905,
        "relative_strength": 8.986211,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.400288,
        "energy": 45.048456,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 14.55,
        "volume": 33549205,
        "typical_volume": 31519835.85,
        "trend": 13.264356,
        "fair_value": 9.45119,
        "relative_strength": 5.136129,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.630193,
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        "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."
    }
  }
}