{ "ticker": { "uuid": "973339b1-145a-4a4b-aeac-d8f8d8b972d8", "symbol": "PRLB", "name": "Proto Labs 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": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "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": 80.551, "architecture_energy": 52.743, "architecture_maturity": 40.757, "architecture_confidence": 71.355, "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": 25.04, "rotation_up": 55.89, "upward_expansion": 77.44, "deceleration": 68.67, "rotation_down": 22.49, "downward_expansion": 6.44 }, "activity_lines": [ 80.607333, 79.248545, 76.12919, 72.39714 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 88.91, "trend_reference": 67.754333, "distance_from_trend": 0.312241, "trend_direction": "Improving", "fair_value": 43.378974, "distance_from_fair_value": 1.04961, "fair_value_direction": "Improving", "relative_strength": 31.832622, "relative_strength_direction": "Improving", "price_momentum": 0.323656, "excess_performance": 0.198032, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.312241, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.154018, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.04961, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.304185, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.318326, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.108755, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.323656, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.063562, "read": "Demand-led" } ], "volume": { "latest": 1354910, "relative_activity": 1.398546, "balance": 1.063562, "dry_up": 1.015021, "accumulation_observations": 5, "distribution_observations": 3 }, "risk": { "range_context": 0.078226, "annualized_volatility": 0.379578, "from_high_reference": -0.033377, "from_low_reference": 0.971615 }, "levels": { "trend_reference": 67.754333, "fair_value_reference": 43.378974, "structural_low": 53.53, "invalidation": "A sustained loss 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] }, { "date": "2026-07-17", "close": 77.62, "volume": 980082, "typical_volume": 951974.9, "trend": 64.973, "fair_value": 42.415705, "relative_strength": 22.849232, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.584113, "energy": 46.052897, "activity_lines": [ 77.156, 77.008364, 72.890571, 69.50757 ] }, { "date": "2026-07-24", "close": 78.24, "volume": 621654, "typical_volume": 943825.65, "trend": 65.824333, "fair_value": 42.707244, "relative_strength": 23.338535, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.353465, "energy": 36.967793, "activity_lines": [ 77.224667, 77.399636, 73.831857, 70.363505 ] }, { "date": "2026-07-31", "close": 75.05, "volume": 976762, "typical_volume": 946713.5, "trend": 66.614333, "fair_value": 42.991987, "relative_strength": 16.239842, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.680525, "energy": 30.061228, "activity_lines": [ 76.418, 77.097636, 74.36981, 70.95871 ] }, { "date": "2026-08-07", "close": 88.91, "volume": 1354910, "typical_volume": 968799.3, "trend": 67.754333, "fair_value": 43.378974, "relative_strength": 31.832622, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 80.550726, "energy": 52.742909, "activity_lines": [ 80.607333, 79.248545, 76.12919, 72.39714 ] } ], "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." } } }