{
  "ticker": {
    "uuid": "9540c461-e62e-412f-8eb7-d26671edbebf",
    "symbol": "SKYH",
    "name": "Sky Harbour Group Corporation",
    "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": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 79.356,
    "architecture_energy": 75.406,
    "architecture_maturity": 18.92,
    "architecture_confidence": 70.304,
    "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": 10.06,
        "rotation_up": 81.13,
        "upward_expansion": 93.45,
        "deceleration": 39.22,
        "rotation_down": 8.89,
        "downward_expansion": 15.45
      },
      "activity_lines": [
        10.670667,
        10.285636,
        9.976571,
        9.841656
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 11.2,
    "trend_reference": 9.642667,
    "distance_from_trend": 0.161504,
    "trend_direction": "Improving",
    "fair_value": 10.096022,
    "distance_from_fair_value": 0.109348,
    "fair_value_direction": "Improving",
    "relative_strength": 3.019799,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.238938,
    "excess_performance": 0.113313,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.161504,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.027127,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.109348,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.083801,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.030198,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.131549,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.238938,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.082505,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 730497,
      "relative_activity": 0.969629,
      "balance": 1.082505,
      "dry_up": 0.909341,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.067753,
      "annualized_volatility": 0.327712,
      "from_high_reference": -0.011474,
      "from_low_reference": 0.36253
    },
    "levels": {
      "trend_reference": 9.642667,
      "fair_value_reference": 10.096022,
      "structural_low": 8.283,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 11,
        "median_return": -0.018519,
        "positive_rate": 0.454545,
        "directional_follow_through": 0.454545,
        "median_excess_return": -0.03751,
        "regime_survival": 0.636364,
        "best_return": 0.488774,
        "worst_return": -0.292285,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": 0.012299,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.049943,
        "regime_survival": 0.4,
        "best_return": 0.537084,
        "worst_return": -0.232286,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.220294,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.283595,
        "regime_survival": 0.0,
        "best_return": 0.557545,
        "worst_return": -0.289262,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.484606,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.235951,
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        "best_return": 1.062176,
        "worst_return": -0.092965,
        "sufficient": false
      }
    ],
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        "label": "Deceleration",
        "color": "amber",
        "start": "2024-10-18",
        "end": "2024-12-06",
        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "upward_expansion",
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        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "return": -0.100176,
        "active": false
      },
      {
        "regime": "downward_expansion",
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        "color": "red",
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        "tenure": "New",
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        "active": false
      },
      {
        "regime": "rotation_up",
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      {
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        "regime": "balance",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-11-21",
        "end": "2026-03-20",
        "tenure": "Established",
        "return": 0.117021,
        "active": false
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      },
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        "date": "2026-05-08",
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        "date": "2026-05-15",
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      },
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        "date": "2026-05-22",
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      },
      {
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        "direction": 1.149373,
        "energy": 5.877087,
        "activity_lines": [
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      },
      {
        "date": "2026-07-03",
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        "typical_volume": 715765.8,
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        "fair_value": 9.901439,
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        "stage": 1,
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        "energy": 19.695888,
        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 755783.7,
        "trend": 9.423667,
        "fair_value": 9.936792,
        "relative_strength": -7.918788,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.530578,
        "energy": 23.508471,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
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        "volume": 736668,
        "typical_volume": 770148.55,
        "trend": 9.486,
        "fair_value": 9.975381,
        "relative_strength": -1.054513,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 52.983405,
        "energy": 40.770407,
        "activity_lines": [
          9.998,
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          9.706,
          9.616559
        ]
      },
      {
        "date": "2026-07-24",
        "close": 10.18,
        "volume": 572537,
        "typical_volume": 757492.1,
        "trend": 9.522667,
        "fair_value": 10.013074,
        "relative_strength": -2.410206,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.113753,
        "energy": 50.761118,
        "activity_lines": [
          10.107333,
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          9.753714,
          9.661333
        ]
      },
      {
        "date": "2026-07-31",
        "close": 10.7,
        "volume": 700608,
        "typical_volume": 764937.4,
        "trend": 9.582333,
        "fair_value": 10.053074,
        "relative_strength": 1.604826,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.050799,
        "energy": 63.776389,
        "activity_lines": [
          10.347333,
          10.027455,
          9.845381,
          9.73729
        ]
      },
      {
        "date": "2026-08-07",
        "close": 11.2,
        "volume": 730497,
        "typical_volume": 753377.65,
        "trend": 9.642667,
        "fair_value": 10.096022,
        "relative_strength": 3.019799,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.356275,
        "energy": 75.405796,
        "activity_lines": [
          10.670667,
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          9.976571,
          9.841656
        ]
      }
    ],
    "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."
    }
  }
}