{ "ticker": { "uuid": "85aa6122-bac1-42e4-9d40-29c4d3d605d0", "symbol": "LH", "name": "Laboratory Corporation of America Holdings", "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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 86.564, "architecture_energy": 88.147, "architecture_maturity": 21.833, "architecture_confidence": 74.638, "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": 10.95, "rotation_up": 86.13, "upward_expansion": 97.43, "deceleration": 39.04, "rotation_down": 8.39, "downward_expansion": 19.43 }, "activity_lines": [ 304.432667, 292.340909, 279.088942, 275.173293 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 319.17, "trend_reference": 272.118778, "distance_from_trend": 0.172907, "trend_direction": "Improving", "fair_value": 236.748876, "distance_from_fair_value": 0.348137, "fair_value_direction": "Improving", "relative_strength": 5.380485, "relative_strength_direction": "Improving", "price_momentum": 0.15747, "excess_performance": 0.031845, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.172907, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.032967, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.348137, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.246405, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.053805, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.200643, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.15747, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.101062, "read": "Demand-led" } ], "volume": { "latest": 2847402, "relative_activity": 0.880247, "balance": 4.101062, "dry_up": 1.260934, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.052204, "annualized_volatility": 0.240647, "from_high_reference": -0.002391, "from_low_reference": 0.315687 }, "levels": { "trend_reference": 272.118778, "fair_value_reference": 236.748876, "structural_low": 247.901961, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 21, "median_return": -0.01063, "positive_rate": 0.285714, "directional_follow_through": 0.285714, "median_excess_return": -0.017425, "regime_survival": 0.52381, "best_return": 0.061275, "worst_return": -0.140447, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.007278, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.032841, "regime_survival": 0.3, "best_return": 0.100125, "worst_return": -0.162439, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.015087, "positive_rate": 0.857143, "directional_follow_through": 0.857143, "median_excess_return": -0.0241, "regime_survival": 0.428571, "best_return": 0.113489, "worst_return": -0.142341, "sufficient": true }, { "horizon": "Full 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"volume": 3144268, "typical_volume": 2973909.65, "trend": 266.393871, "fair_value": 234.828133, "relative_strength": -2.794699, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.278851, "energy": 59.00885, "activity_lines": [ 278.916, 272.648243, 267.282398, 267.363672 ] }, { "date": "2026-07-24", "close": 296.77, "volume": 4848936, "typical_volume": 3102675.75, "trend": 267.867535, "fair_value": 235.403606, "relative_strength": 2.478844, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.938963, "energy": 75.311053, "activity_lines": [ 286.21, 277.974952, 270.273813, 269.323423 ] }, { "date": "2026-07-31", "close": 309.2, "volume": 5474751, "typical_volume": 3237474.3, "trend": 269.829477, "fair_value": 236.055111, "relative_strength": 5.649105, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.837023, "energy": 81.952437, "activity_lines": [ 294.917333, 284.706, 274.316445, 271.990033 ] }, { "date": "2026-08-07", "close": 319.17, "volume": 2847402, "typical_volume": 3234775.25, "trend": 272.118778, "fair_value": 236.748876, "relative_strength": 5.380485, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.564021, "energy": 88.14669, "activity_lines": [ 304.432667, 292.340909, 279.088942, 275.173293 ] } ], "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." } } }