{ "ticker": { "uuid": "979f4b78-341f-436a-81b7-909a417846c7", "symbol": "PRGO", "name": "Perrigo Company PLC", "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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -2.161, "architecture_energy": 7.711, "architecture_maturity": 23.825, "architecture_confidence": 54.885, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 61.44, "rotation_up": 30.78, "upward_expansion": 22.99, "deceleration": 40.94, "rotation_down": 24.42, "downward_expansion": 52.66 }, "activity_lines": [ 11.104667, 10.816909, 10.81934, 10.896933 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 12.84, "trend_reference": 11.360583, "distance_from_trend": 0.130224, "trend_direction": "Weakening", "fair_value": 21.415765, "distance_from_fair_value": -0.400442, "fair_value_direction": "Improving", "relative_strength": -17.959182, "relative_strength_direction": "Improving", "price_momentum": -0.078781, "excess_performance": -0.204406, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.130224, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.061679, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.400442, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.102887, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.179592, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.24123, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.078781, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.101477, "read": "Demand-led" } ], "volume": { "latest": 20713629, "relative_activity": 1.331758, "balance": 1.101477, "dry_up": 1.002441, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.105257, "annualized_volatility": 0.623842, "from_high_reference": -0.433126, "from_low_reference": 0.428399 }, "levels": { "trend_reference": 11.360583, "fair_value_reference": 21.415765, "structural_low": 8.989087, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 21, "median_return": -0.027075, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.05617, "regime_survival": 0.619048, "best_return": 0.078293, "worst_return": -0.180894, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.05489, "positive_rate": 0.375, "directional_follow_through": 0.375, "median_excess_return": -0.139134, "regime_survival": 0.125, "best_return": 0.167623, "worst_return": -0.194239, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.098143, "positive_rate": 0.166667, "directional_follow_through": 0.166667, "median_excess_return": -0.22651, "regime_survival": 0.333333, "best_return": 0.116075, 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contraction", "gate": "down", "direction": -56.375267, "energy": 37.267612, "activity_lines": [ 10.434667, 10.580129, 10.687084, 11.055837 ] }, { "date": "2026-07-17", "close": 10.72, "volume": 13807282, "typical_volume": 16531971.4, "trend": 11.617194, "fair_value": 21.819216, "relative_strength": -33.220154, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.719873, "energy": 27.028229, "activity_lines": [ 10.512667, 10.583906, 10.692931, 10.99392 ] }, { "date": "2026-07-24", "close": 10.09, "volume": 12539897, "typical_volume": 16016364.0, "trend": 11.514948, "fair_value": 21.684027, "relative_strength": -35.164346, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.658703, "energy": 27.007838, "activity_lines": [ 10.398667, 10.485692, 10.647664, 10.895391 ] }, { "date": "2026-07-31", "close": 10.11, "volume": 15305440, "typical_volume": 15580212.15, "trend": 11.411148, "fair_value": 21.549403, "relative_strength": -34.156147, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.048045, "energy": 29.628343, "activity_lines": [ 10.302, 10.395636, 10.605997, 10.804749 ] }, { "date": "2026-08-07", "close": 12.84, "volume": 20713629, "typical_volume": 15553594.15, "trend": 11.360583, "fair_value": 21.415765, "relative_strength": -17.959182, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.160924, "energy": 7.710529, "activity_lines": [ 11.104667, 10.816909, 10.81934, 10.896933 ] } ], "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." } } }