{ "ticker": { "uuid": "82676916-013e-452f-8b03-b26a74e59104", "symbol": "PENN", "name": "Penn National Gaming 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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 42.002, "architecture_energy": 31.517, "architecture_maturity": 69.737, "architecture_confidence": 91.824, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 31.07, "rotation_up": 30.11, "upward_expansion": 62.46, "deceleration": 91.0, "rotation_down": 27.25, "downward_expansion": 17.13 }, "activity_lines": [ 20.397333, 20.739, 19.772262, 18.551452 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 20.18, "trend_reference": 16.9625, "distance_from_trend": 0.189683, "trend_direction": "Improving", "fair_value": 18.598654, "distance_from_fair_value": 0.085025, "fair_value_direction": "Improving", "relative_strength": 5.133439, "relative_strength_direction": "Improving", "price_momentum": 0.504847, "excess_performance": 0.317393, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.189683, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.142333, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.085025, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.204621, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.051334, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.190684, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.504847, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.980877, "read": "Demand-led" } ], "volume": { "latest": 14166424, "relative_activity": 0.814084, "balance": 1.980877, "dry_up": 0.76373, "accumulation_observations": 4, "distribution_observations": 0 }, "risk": { "range_context": 0.089216, "annualized_volatility": 0.478405, "from_high_reference": -0.097496, "from_low_reference": 0.732189 }, "levels": { "trend_reference": 16.9625, "fair_value_reference": 18.598654, "structural_low": 11.65, "invalidation": "A sustained loss 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"regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.490158, "energy": 67.638618, "activity_lines": [ 21.318667, 20.494636, 18.760786, 17.53186 ] }, { "date": "2026-07-17", "close": 20.57, "volume": 13819007, "typical_volume": 18663041.6, "trend": 16.402167, "fair_value": 18.675256, "relative_strength": 10.770121, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.218971, "energy": 56.106869, "activity_lines": [ 21.026333, 20.687091, 19.064952, 17.813677 ] }, { "date": "2026-07-24", "close": 20.48, "volume": 13338502, "typical_volume": 18143959.3, "trend": 16.5815, "fair_value": 18.645577, "relative_strength": 12.410239, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.430741, "energy": 45.468456, "activity_lines": [ 20.778, 20.793545, 19.337071, 18.076763 ] }, { "date": "2026-07-31", "close": 20.53, "volume": 11836773, "typical_volume": 17647848.4, "trend": 16.770833, "fair_value": 18.620064, "relative_strength": 12.26463, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.530239, "energy": 36.552846, "activity_lines": [ 20.601, 20.831273, 19.586143, 18.331505 ] }, { "date": "2026-08-07", "close": 20.18, "volume": 14166424, "typical_volume": 17401667.05, "trend": 16.9625, "fair_value": 18.598654, "relative_strength": 5.133439, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.001679, "energy": 31.516639, "activity_lines": [ 20.397333, 20.739, 19.772262, 18.551452 ] } ], "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." } } }