{
  "ticker": {
    "uuid": "994f971e-9448-4cff-bb0f-47889243f378",
    "symbol": "CNOB",
    "name": "ConnectOne Bancorp, Inc.",
    "exchange": "NASDAQ",
    "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": "QQQ",
    "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": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 57.998,
    "architecture_energy": 44.442,
    "architecture_maturity": 72.958,
    "architecture_confidence": 64.947,
    "architecture_tenure": "Established",
    "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": 14.7,
        "rotation_up": 45.88,
        "upward_expansion": 77.73,
        "deceleration": 70.65,
        "rotation_down": 26.38,
        "downward_expansion": 6.73
      },
      "activity_lines": [
        32.812,
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        31.71176,
        30.580721
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 32.82,
    "trend_reference": 29.263035,
    "distance_from_trend": 0.121551,
    "trend_direction": "Improving",
    "fair_value": 23.065097,
    "distance_from_fair_value": 0.422929,
    "fair_value_direction": "Improving",
    "relative_strength": 5.219781,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.159939,
    "excess_performance": -0.027514,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.121551,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.087078,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.422929,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.048057,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.052198,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.063846,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.159939,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.101437,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 2068453,
      "relative_activity": 1.044458,
      "balance": 1.101437,
      "dry_up": 1.181871,
      "accumulation_observations": 3,
      "distribution_observations": 5
    },
    "risk": {
      "range_context": 0.055081,
      "annualized_volatility": 0.195429,
      "from_high_reference": -0.038664,
      "from_low_reference": 0.483807
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    "levels": {
      "trend_reference": 29.263035,
      "fair_value_reference": 23.065097,
      "structural_low": 24.430386,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 24,
        "median_return": 0.019728,
        "positive_rate": 0.541667,
        "directional_follow_through": 0.541667,
        "median_excess_return": -0.007006,
        "regime_survival": 0.75,
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        "worst_return": -0.143385,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "worst_return": -0.071499,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
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        "worst_return": -0.1366,
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      {
        "horizon": "Full cycle",
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        "worst_return": -0.095093,
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        "regime": "rotation_down",
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      },
      {
        "date": "2026-07-03",
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      },
      {
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 1891391.95,
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        "fair_value": 22.798637,
        "relative_strength": 12.489234,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.268057,
        "energy": 59.730781,
        "activity_lines": [
          32.876,
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          29.826325
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      },
      {
        "date": "2026-07-24",
        "close": 32.36,
        "volume": 2624755,
        "typical_volume": 1949636.45,
        "trend": 28.794501,
        "fair_value": 22.888725,
        "relative_strength": 10.38147,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.513458,
        "energy": 48.524683,
        "activity_lines": [
          32.728667,
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          31.162969,
          30.068963
        ]
      },
      {
        "date": "2026-07-31",
        "close": 32.94,
        "volume": 2704472,
        "typical_volume": 2021378.9,
        "trend": 29.033235,
        "fair_value": 22.978319,
        "relative_strength": 11.311367,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.857611,
        "energy": 47.070861,
        "activity_lines": [
          32.780667,
          32.645364,
          31.461128,
          30.336414
        ]
      },
      {
        "date": "2026-08-07",
        "close": 32.82,
        "volume": 2068453,
        "typical_volume": 1980407.65,
        "trend": 29.263035,
        "fair_value": 23.065097,
        "relative_strength": 5.219781,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.998472,
        "energy": 44.442113,
        "activity_lines": [
          32.812,
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      }
    ],
    "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."
    }
  }
}