{ "ticker": { "uuid": "90d32573-cd3d-4835-84b1-b77b9c370edc", "symbol": "NGVT", "name": "Ingevity Corp", "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": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "up", "architecture_direction": 61.132, "architecture_energy": 37.506, "architecture_maturity": 23.113, "architecture_confidence": 72.606, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 42.25, "rotation_up": 52.15, "upward_expansion": 72.46, "deceleration": 60.61, "rotation_down": 15.39, "downward_expansion": 3.79 }, "activity_lines": [ 75.096667, 74.391091, 73.116476, 72.396409 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 77.82, "trend_reference": 71.466, "distance_from_trend": 0.088909, "trend_direction": "Improving", "fair_value": 50.621987, "distance_from_fair_value": 0.537277, "fair_value_direction": "Improving", "relative_strength": 7.302684, "relative_strength_direction": "Weakening", "price_momentum": 0.070574, "excess_performance": -0.055051, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.088909, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.091178, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.537277, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.002387, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.073027, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.09679, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.070574, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.98517, "read": "Supply-led" } ], "volume": { "latest": 1439331, "relative_activity": 1.149306, "balance": 0.98517, "dry_up": 1.022398, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.070881, "annualized_volatility": 0.371099, "from_high_reference": -0.018478, "from_low_reference": 0.697274 }, "levels": { "trend_reference": 71.466, "fair_value_reference": 50.621987, "structural_low": 62.9, "invalidation": "A sustained loss of 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48.140773, "energy": 34.62776, "activity_lines": [ 73.407333, 71.668364, 71.616429, 70.953075 ] }, { "date": "2026-07-10", "close": 72.07, "volume": 1035318, "typical_volume": 1445556.65, "trend": 69.551667, "fair_value": 50.2075, "relative_strength": 4.036137, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.746842, "energy": 36.214267, "activity_lines": [ 73.364667, 71.779091, 71.71581, 71.143935 ] }, { "date": "2026-07-17", "close": 76.53, "volume": 1195121, "typical_volume": 1395920.7, "trend": 70.149, "fair_value": 50.303141, "relative_strength": 11.538894, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 62.621692, "energy": 52.838031, "activity_lines": [ 74.403333, 72.770727, 72.240524, 71.594151 ] }, { "date": "2026-07-24", "close": 73.26, "volume": 978289, "typical_volume": 1352126.35, "trend": 70.586, "fair_value": 50.366474, "relative_strength": 6.835292, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.254394, "energy": 27.514348, "activity_lines": [ 74.048667, 73.151455, 72.432381, 71.79486 ] }, { "date": "2026-07-31", "close": 73.11, "volume": 1508849, "typical_volume": 1317801.05, "trend": 71.02, "fair_value": 50.462308, "relative_strength": 4.762148, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.402298, "energy": 24.115094, "activity_lines": [ 73.654, 73.401636, 72.570381, 71.957699 ] }, { "date": "2026-08-07", "close": 77.82, "volume": 1439331, "typical_volume": 1252347.4, "trend": 71.466, "fair_value": 50.621987, "relative_strength": 7.302684, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.131822, "energy": 37.505885, "activity_lines": [ 75.096667, 74.391091, 73.116476, 72.396409 ] } ], "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." } } }