{ "ticker": { "uuid": "7b9ae34d-b757-4991-9b6a-d669db9fd073", "symbol": "ENSG", "name": "The Ensign Group Inc", "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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 70.078, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -9.562, "architecture_energy": 18.452, "architecture_maturity": 66.988, "architecture_confidence": 45.314, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 57.37, "rotation_up": 41.52, "upward_expansion": 22.4, "deceleration": 40.97, "rotation_down": 14.55, "downward_expansion": 51.73 }, "activity_lines": [ 177.174, 171.821976, 171.978755, 177.815892 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 182.97, "trend_reference": 183.864167, "distance_from_trend": -0.004863, "trend_direction": "Weakening", "fair_value": 145.327281, "distance_from_fair_value": 0.25902, "fair_value_direction": "Improving", "relative_strength": -11.821228, "relative_strength_direction": "Improving", "price_momentum": -0.074676, "excess_performance": -0.26213, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.004863, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.019234, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.25902, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.025665, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.118212, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.069444, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.074676, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 3.009844, "read": "Demand-led" } ], "volume": { "latest": 1675156, "relative_activity": 0.520915, "balance": 3.009844, "dry_up": 0.715628, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.065393, "annualized_volatility": 0.304793, "from_high_reference": -0.160417, "from_low_reference": 0.292868 }, "levels": { "trend_reference": 183.864167, "fair_value_reference": 145.327281, 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43.200547, "activity_lines": [ 164.084442, 164.33441, 173.452142, 179.684335 ] }, { "date": "2026-07-17", "close": 171.28, "volume": 2492780, "typical_volume": 3125714.8, "trend": 183.526673, "fair_value": 143.741075, "relative_strength": -14.486429, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.870977, "energy": 25.802806, "activity_lines": [ 167.665036, 165.269812, 172.329162, 178.872757 ] }, { "date": "2026-07-24", "close": 172.99, "volume": 2047988, "typical_volume": 3162672.15, "trend": 183.415762, "fair_value": 144.256447, "relative_strength": -12.156396, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.359824, "energy": 23.832303, "activity_lines": [ 170.350927, 166.51795, 171.572949, 178.192971 ] }, { "date": "2026-07-31", "close": 178.16, "volume": 2989325, "typical_volume": 3230900.25, "trend": 183.558965, "fair_value": 144.780147, "relative_strength": -9.930807, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.116689, "energy": 22.483617, "activity_lines": [ 173.466667, 168.789869, 171.471846, 177.85389 ] }, { "date": "2026-08-07", "close": 182.97, "volume": 1675156, "typical_volume": 3215793.4, "trend": 183.864167, "fair_value": 145.327281, "relative_strength": -11.821228, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.562424, "energy": 18.451533, "activity_lines": [ 177.174, 171.821976, 171.978755, 177.815892 ] } ], "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." } } }