{
  "ticker": {
    "uuid": "7c45dc1f-c978-4454-9ef5-20e9a55f4bc4",
    "symbol": "HIFS",
    "name": "Hingham Institution for Savings",
    "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": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 53.297,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Upper balance after advance",
    "architecture_gate": "mixed",
    "architecture_direction": 7.052,
    "architecture_energy": 7.593,
    "architecture_maturity": 46.417,
    "architecture_confidence": 52.932,
    "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": 70.26,
        "rotation_up": 25.95,
        "upward_expansion": 22.08,
        "deceleration": 63.18,
        "rotation_down": 41.96,
        "downward_expansion": 33.41
      },
      "activity_lines": [
        290.772697,
        293.735528,
        291.410393,
        290.128475
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.166667
    },
    "latest_close": 301.57,
    "trend_reference": 291.258503,
    "distance_from_trend": 0.035403,
    "trend_direction": "Improving",
    "fair_value": 236.957743,
    "distance_from_fair_value": 0.272674,
    "fair_value_direction": "Improving",
    "relative_strength": -7.851269,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.093347,
    "excess_performance": -0.2808,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.035403,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.01371,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.272674,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.038319,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.078513,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.060383,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.093347,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.626797,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 237742,
      "relative_activity": 1.273925,
      "balance": 1.626797,
      "dry_up": 1.208402,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.071374,
      "annualized_volatility": 0.361755,
      "from_high_reference": -0.105753,
      "from_low_reference": 0.273858
    },
    "levels": {
      "trend_reference": 291.258503,
      "fair_value_reference": 236.957743,
      "structural_low": 255.68,
      "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": 0.000141,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.031803,
        "regime_survival": 0.55,
        "best_return": 0.347831,
        "worst_return": -0.143435,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": -0.042909,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.428571,
        "median_excess_return": -0.115279,
        "regime_survival": 0.285714,
        "best_return": 0.384029,
        "worst_return": -0.180875,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.032382,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.097162,
        "regime_survival": 0.0,
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        "worst_return": -0.213487,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "directional_follow_through": 0.666667,
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        "worst_return": -0.36656,
        "sufficient": false
      }
    ],
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        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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      {
        "regime": "balance",
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        "active": false
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      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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        "active": false
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        "regime": "downward_expansion",
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        "return": 0.097143,
        "active": false
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      {
        "regime": "rotation_up",
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        "date": "2026-04-24",
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        "date": "2026-05-08",
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        "date": "2026-05-15",
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        "energy": 35.669476,
        "activity_lines": [
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      },
      {
        "date": "2026-05-22",
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        "energy": 29.074405,
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      },
      {
        "date": "2026-05-29",
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        "relative_strength": -14.32074,
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      {
        "date": "2026-06-05",
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        "relative_strength": -10.661907,
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        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
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      },
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        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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        "modifier": "Upper balance after advance",
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      },
      {
        "date": "2026-07-10",
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        "fair_value": 234.9453,
        "relative_strength": -11.824639,
        "stage": 3,
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        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 21.775115,
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      },
      {
        "date": "2026-07-17",
        "close": 294.509487,
        "volume": 140627,
        "typical_volume": 187431.85,
        "trend": 290.262018,
        "fair_value": 235.502818,
        "relative_strength": -6.576191,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 47.320498,
        "energy": 39.438289,
        "activity_lines": [
          298.932013,
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          291.108629,
          290.494082
        ]
      },
      {
        "date": "2026-07-24",
        "close": 278.773177,
        "volume": 234897,
        "typical_volume": 188194.1,
        "trend": 289.91443,
        "fair_value": 235.924625,
        "relative_strength": -10.039459,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -10.031647,
        "energy": 7.234687,
        "activity_lines": [
          292.244353,
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        ]
      },
      {
        "date": "2026-07-31",
        "close": 284.570765,
        "volume": 288790,
        "typical_volume": 188085.0,
        "trend": 290.404398,
        "fair_value": 236.346364,
        "relative_strength": -8.608397,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -8.288749,
        "energy": 11.568706,
        "activity_lines": [
          287.881011,
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          290.111354,
          289.408114
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      },
      {
        "date": "2026-08-07",
        "close": 301.57,
        "volume": 237742,
        "typical_volume": 186621.65,
        "trend": 291.258503,
        "fair_value": 236.957743,
        "relative_strength": -7.851269,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 7.052289,
        "energy": 7.59344,
        "activity_lines": [
          290.772697,
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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."
    }
  }
}