{
  "ticker": {
    "uuid": "8556d943-37e0-4c40-9f33-409e20de7a26",
    "symbol": "INMD",
    "name": "InMode Ltd",
    "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": 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": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 64.345,
    "architecture_energy": 70.384,
    "architecture_maturity": 9.82,
    "architecture_confidence": 67.787,
    "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": 21.61,
        "rotation_up": 70.41,
        "upward_expansion": 89.14,
        "deceleration": 45.45,
        "rotation_down": 10.61,
        "downward_expansion": 15.8
      },
      "activity_lines": [
        15.256,
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        14.553619,
        14.379828
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 15.31,
    "trend_reference": 14.271667,
    "distance_from_trend": 0.072755,
    "trend_direction": "Improving",
    "fair_value": 17.792949,
    "distance_from_fair_value": -0.139547,
    "fair_value_direction": "Improving",
    "relative_strength": -7.594838,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.015252,
    "excess_performance": -0.172202,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.072755,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.004953,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.139547,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.154692,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.075948,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.119876,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.015252,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.919717,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 2183370,
      "relative_activity": 0.586722,
      "balance": 0.919717,
      "dry_up": 0.745561,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.043706,
      "annualized_volatility": 0.278143,
      "from_high_reference": -0.085424,
      "from_low_reference": 0.203616
    },
    "levels": {
      "trend_reference": 14.271667,
      "fair_value_reference": 17.792949,
      "structural_low": 12.72,
      "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": -0.051751,
        "positive_rate": 0.357143,
        "directional_follow_through": 0.357143,
        "median_excess_return": -0.008752,
        "regime_survival": 0.642857,
        "best_return": 0.20803,
        "worst_return": -0.142024,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
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        "positive_rate": 0.333333,
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        "regime_survival": 0.166667,
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        "worst_return": -0.538273,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
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        "directional_follow_through": 0.4,
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        "worst_return": -0.537606,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
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        "sufficient": false
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      },
      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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        "stage": 4,
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      },
      {
        "date": "2026-07-10",
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        "relative_strength": -9.074041,
        "stage": 1,
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 4175115.05,
        "trend": 14.213,
        "fair_value": 18.309295,
        "relative_strength": -3.740048,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 46.327588,
        "energy": 63.837624,
        "activity_lines": [
          15.035333,
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      },
      {
        "date": "2026-07-24",
        "close": 15.17,
        "volume": 2162346,
        "typical_volume": 4125917.65,
        "trend": 14.231333,
        "fair_value": 18.131859,
        "relative_strength": -3.761967,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 61.612717,
        "energy": 74.036131,
        "activity_lines": [
          15.186667,
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        ]
      },
      {
        "date": "2026-07-31",
        "close": 15.14,
        "volume": 3296379,
        "typical_volume": 3994515.35,
        "trend": 14.242667,
        "fair_value": 17.955192,
        "relative_strength": -4.246035,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.433615,
        "energy": 72.275735,
        "activity_lines": [
          15.21,
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          14.448476,
          14.310968
        ]
      },
      {
        "date": "2026-08-07",
        "close": 15.31,
        "volume": 2183370,
        "typical_volume": 3721301.3,
        "trend": 14.271667,
        "fair_value": 17.792949,
        "relative_strength": -7.594838,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.344875,
        "energy": 70.383664,
        "activity_lines": [
          15.256,
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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."
    }
  }
}