{ "ticker": { "uuid": "9362bf73-5064-4fc6-b257-c1054770c416", "symbol": "UAL1", "name": "United Airlines Holdings, Inc.", "exchange": "GER", "country": "DE", "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": "^GDAXI", "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": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 52.478, "architecture_energy": 36.418, "architecture_maturity": 66.461, "architecture_confidence": 94.263, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 34.64, "rotation_up": 35.96, "upward_expansion": 65.3, "deceleration": 88.12, "rotation_down": 26.89, "downward_expansion": 17.64 }, "activity_lines": [ 107.9, 108.721818, 101.906095, 97.188064 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 111.5, "trend_reference": 92.996, "distance_from_trend": 0.198976, "trend_direction": "Improving", "fair_value": 68.493557, "distance_from_fair_value": 0.62789, "fair_value_direction": "Improving", "relative_strength": 13.535659, "relative_strength_direction": "Improving", "price_momentum": 0.242894, "excess_performance": 0.178254, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.198976, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.062261, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.62789, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.294341, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.135357, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.120197, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.242894, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.620292, "read": "Demand-led" } ], "volume": { "latest": 783, "relative_activity": 0.243811, "balance": 2.620292, "dry_up": 0.243967, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.079062, "annualized_volatility": 0.554307, "from_high_reference": -0.074689, "from_low_reference": 0.507979 }, "levels": { "trend_reference": 92.996, "fair_value_reference": 68.493557, "structural_low": 73.940002, "invalidation": "A sustained 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"activity_lines": [ 113.02, 105.874545, 96.268047, 93.461097 ] }, { "date": "2026-07-17", "close": 101.5, "volume": 952, "typical_volume": 3852.75, "trend": 91.98, "fair_value": 67.335609, "relative_strength": 11.369592, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.006424, "energy": 76.666975, "activity_lines": [ 110.0, 106.205455, 97.315619, 94.085828 ] }, { "date": "2026-07-24", "close": 107.0, "volume": 933, "typical_volume": 3587.85, "trend": 92.298667, "fair_value": 67.705993, "relative_strength": 15.489503, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.791605, "energy": 51.317484, "activity_lines": [ 108.633333, 107.24, 98.856095, 95.05486 ] }, { "date": "2026-07-31", "close": 106.5, "volume": 466, "typical_volume": 3342.2, "trend": 92.636667, "fair_value": 68.084263, "relative_strength": 11.968197, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.863926, "energy": 36.033374, "activity_lines": [ 106.966667, 107.710909, 100.215714, 95.971075 ] }, { "date": "2026-08-07", "close": 111.5, "volume": 783, "typical_volume": 3211.5, "trend": 92.996, "fair_value": 68.493557, "relative_strength": 13.535659, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.478338, "energy": 36.417922, "activity_lines": [ 107.9, 108.721818, 101.906095, 97.188064 ] } ], "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." } } }