{ "ticker": { "uuid": "8728fc54-4caa-482a-816d-2605a143ae03", "symbol": "NTAP", "name": "NetApp 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": "2c", "phase_label": "Stage 2C \u00b7 Late 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": "Established expansion", "architecture_gate": "up", "architecture_direction": 79.264, "architecture_energy": 62.719, "architecture_maturity": 42.129, "architecture_confidence": 85.061, "architecture_tenure": "Developing", "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": 6.62, "rotation_up": 68.47, "upward_expansion": 85.32, "deceleration": 53.95, "rotation_down": 19.01, "downward_expansion": 9.65 }, "activity_lines": [ 177.43, 169.942286, 157.001756, 143.789381 ], "activity_state": "Wide", "activity_direction": "Stable", "rotation_direction": "Stable", "price_acceptance": 0.833333 }, "latest_close": 189.52, "trend_reference": 127.991079, "distance_from_trend": 0.480728, "trend_direction": "Improving", "fair_value": 107.330516, "distance_from_fair_value": 0.765761, "fair_value_direction": "Improving", "relative_strength": 37.614135, "relative_strength_direction": "Improving", "price_momentum": 0.843174, "excess_performance": 0.65572, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.480728, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.171626, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.765761, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.582668, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.376141, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.458866, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.843174, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.591256, "read": "Demand-led" } ], "volume": { "latest": 13439872, "relative_activity": 0.98519, "balance": 1.591256, "dry_up": 0.88278, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.100342, "annualized_volatility": 0.454005, "from_high_reference": -0.031579, "from_low_reference": 1.033019 }, "levels": { "trend_reference": 127.991079, "fair_value_reference": 107.330516, "structural_low": 94.89, "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": -0.004844, "positive_rate": 0.478261, "directional_follow_through": 0.478261, "median_excess_return": 0.010807, "regime_survival": 0.73913, "best_return": 0.198284, "worst_return": -0.127994, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.083148, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.041623, "regime_survival": 0.5, "best_return": 0.224568, "worst_return": -0.038606, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.129264, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.074499, "regime_survival": 0.4, "best_return": 0.433969, "worst_return": -0.113844, "sufficient": true }, { "horizon": "Full cycle", 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120.806469, "fair_value": 105.301401, "relative_strength": 26.546029, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.715981, "energy": 51.483528, "activity_lines": [ 161.276926, 160.010807, 144.179705, 133.012995 ] }, { "date": "2026-07-24", "close": 167.74, "volume": 8129373, "typical_volume": 13638980.8, "trend": 122.750391, "fair_value": 105.908364, "relative_strength": 30.793097, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.015585, "energy": 53.875781, "activity_lines": [ 164.013697, 162.165906, 147.761509, 136.040965 ] }, { "date": "2026-07-31", "close": 178.5, "volume": 12097288, "typical_volume": 13780410.45, "trend": 125.169158, "fair_value": 106.581028, "relative_strength": 37.311661, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.459622, "energy": 59.476188, "activity_lines": [ 169.769115, 165.408096, 152.048142, 139.637714 ] }, { "date": "2026-08-07", "close": 189.52, "volume": 13439872, "typical_volume": 13641902.0, "trend": 127.991079, "fair_value": 107.330516, "relative_strength": 37.614135, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.26378, "energy": 62.719125, "activity_lines": [ 177.43, 169.942286, 157.001756, 143.789381 ] } ], "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." } } }