{
  "ticker": {
    "uuid": "8b956d34-499c-4710-b242-fb7949e91120",
    "symbol": "GWW",
    "name": "WW Grainger 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": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 49.718,
    "architecture_energy": 40.941,
    "architecture_maturity": 83.962,
    "architecture_confidence": 60.578,
    "architecture_tenure": "Established",
    "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": 18.77,
        "rotation_up": 45.61,
        "upward_expansion": 69.86,
        "deceleration": 62.5,
        "rotation_down": 26.45,
        "downward_expansion": 17.52
      },
      "activity_lines": [
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        1266.577142
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.666667
    },
    "latest_close": 1277.55,
    "trend_reference": 1209.148262,
    "distance_from_trend": 0.05657,
    "trend_direction": "Improving",
    "fair_value": 1000.462455,
    "distance_from_fair_value": 0.276959,
    "fair_value_direction": "Weakening",
    "relative_strength": 2.936528,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.07091,
    "excess_performance": -0.054715,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.05657,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.112523,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.276959,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.020453,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.029365,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.023686,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.07091,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.692985,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 2010169,
      "relative_activity": 1.439913,
      "balance": 0.692985,
      "dry_up": 1.104684,
      "accumulation_observations": 1,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.052971,
      "annualized_volatility": 0.244848,
      "from_high_reference": -0.10026,
      "from_low_reference": 0.414834
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    "levels": {
      "trend_reference": 1209.148262,
      "fair_value_reference": 1000.462455,
      "structural_low": 1031.096003,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 29,
        "median_return": 0.011793,
        "positive_rate": 0.586207,
        "directional_follow_through": 0.586207,
        "median_excess_return": 0.005912,
        "regime_survival": 0.655172,
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        "worst_return": -0.125397,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "regime_survival": 0.5,
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        "worst_return": -0.080436,
        "sufficient": true
      },
      {
        "horizon": "Extended",
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        "sufficient": true
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      {
        "horizon": "Full cycle",
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      {
        "regime": "downward_expansion",
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      },
      {
        "date": "2026-07-24",
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        "fair_value": 992.306363,
        "relative_strength": 17.285537,
        "stage": 2,
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      },
      {
        "date": "2026-07-31",
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        "typical_volume": 1365862.1,
        "trend": 1200.756094,
        "fair_value": 996.741539,
        "relative_strength": 15.498706,
        "stage": 2,
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        "modifier": "Established expansion",
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      },
      {
        "date": "2026-08-07",
        "close": 1277.55,
        "volume": 2010169,
        "typical_volume": 1396035.2,
        "trend": 1209.148262,
        "fair_value": 1000.462455,
        "relative_strength": 2.936528,
        "stage": 2,
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        "modifier": "Established expansion",
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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."
    }
  }
}