{ "ticker": { "uuid": "7c9ca526-4ebc-49bd-aa65-199b366cee76", "symbol": "EBF", "name": "Ennis 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": 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": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 73.474, "architecture_energy": 67.491, "architecture_maturity": 10.015, "architecture_confidence": 77.426, "architecture_tenure": "New", "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": 20.5, "rotation_up": 73.79, "upward_expansion": 89.16, "deceleration": 42.69, "rotation_down": 10.32, "downward_expansion": 13.5 }, "activity_lines": [ 21.803333, 21.471294, 21.119237, 21.005778 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 22.3, "trend_reference": 20.740576, "distance_from_trend": 0.075187, "trend_direction": "Improving", "fair_value": 18.264545, "distance_from_fair_value": 0.220945, "fair_value_direction": "Improving", "relative_strength": 3.33096, "relative_strength_direction": "Improving", "price_momentum": 0.105001, "excess_performance": -0.020624, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.075187, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.066001, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.220945, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.062725, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.03331, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.034804, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.105001, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.790518, "read": "Demand-led" } ], "volume": { "latest": 698358, "relative_activity": 0.960602, "balance": 1.790518, "dry_up": 0.844965, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.039587, "annualized_volatility": 0.202803, "from_high_reference": -0.011086, "from_low_reference": 0.402724 }, "levels": { "trend_reference": 20.740576, "fair_value_reference": 18.264545, "structural_low": 19.55, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 23, "median_return": 0.002653, "positive_rate": 0.521739, "directional_follow_through": 0.521739, "median_excess_return": -0.019612, "regime_survival": 0.652174, "best_return": 0.072207, "worst_return": -0.102485, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.022172, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.013405, "regime_survival": 0.333333, "best_return": 0.064219, "worst_return": -0.118892, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.001804, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.017489, "regime_survival": 0.0, "best_return": 0.129653, "worst_return": -0.129071, "sufficient": true }, { "horizon": 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"trend": 20.604682, "fair_value": 18.232392, "relative_strength": 4.643274, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.441533, "energy": 52.776328, "activity_lines": [ 21.493025, 21.232664, 20.989208, 20.896403 ] }, { "date": "2026-08-07", "close": 22.3, "volume": 698358, "typical_volume": 727000.15, "trend": 20.740576, "fair_value": 18.264545, "relative_strength": 3.33096, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.473662, "energy": 67.490703, "activity_lines": [ 21.803333, 21.471294, 21.119237, 21.005778 ] } ], "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." } } }