{ "ticker": { "uuid": "7ba2b149-5233-4b87-a394-b67327c0e6ff", "symbol": "PCOR", "name": "Procore Technologies 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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": 3.247, "architecture_energy": 19.571, "architecture_maturity": 100.0, "architecture_confidence": 42.281, "architecture_tenure": "Established", "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": 52.53, "rotation_up": 44.54, "upward_expansion": 27.27, "deceleration": 40.89, "rotation_down": 14.84, "downward_expansion": 49.94 }, "activity_lines": [ 51.206667, 47.791818, 47.917429, 49.523075 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 57.06, "trend_reference": 52.064333, "distance_from_trend": 0.095952, "trend_direction": "Weakening", "fair_value": 65.716987, "distance_from_fair_value": -0.131731, "fair_value_direction": "Improving", "relative_strength": -16.868777, "relative_strength_direction": "Improving", "price_momentum": 0.112498, "excess_performance": -0.013127, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.095952, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.153687, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.131731, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.076637, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.168688, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.118602, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.112498, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.612565, "read": "Demand-led" } ], "volume": { "latest": 26241187, "relative_activity": 1.880081, "balance": 1.612565, "dry_up": 1.375785, "accumulation_observations": 5, "distribution_observations": 0 }, "risk": { "range_context": 0.105054, "annualized_volatility": 0.667436, "from_high_reference": -0.306809, "from_low_reference": 0.500394 }, "levels": { "trend_reference": 52.064333, "fair_value_reference": 65.716987, "structural_low": 38.03, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 14, "median_return": 0.039814, "positive_rate": 0.714286, "directional_follow_through": 0.285714, "median_excess_return": -0.002657, "regime_survival": 0.714286, "best_return": 0.327976, "worst_return": -0.175428, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.093545, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.014199, "regime_survival": 0.333333, "best_return": 0.306558, "worst_return": -0.124601, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.128555, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.00025, "regime_survival": 0.0, "best_return": 0.441829, "worst_return": 0.111792, "sufficient": 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"2026-07-24", "close": 42.83, "volume": 13507910, "typical_volume": 12805706.6, "trend": 53.118667, "fair_value": 65.841731, "relative_strength": -35.438265, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.318453, "energy": 33.881244, "activity_lines": [ 43.852667, 43.794, 46.682095, 49.129419 ] }, { "date": "2026-07-31", "close": 54.77, "volume": 22796722, "typical_volume": 13174085.3, "trend": 52.609667, "fair_value": 65.772308, "relative_strength": -17.849951, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.025276, "energy": 12.35032, "activity_lines": [ 47.576667, 45.656727, 47.185048, 49.235957 ] }, { "date": "2026-08-07", "close": 57.06, "volume": 26241187, "typical_volume": 13957474.9, "trend": 52.064333, "fair_value": 65.716987, "relative_strength": -16.868777, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 3.247098, "energy": 19.570959, "activity_lines": [ 51.206667, 47.791818, 47.917429, 49.523075 ] } ], "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." } } }