{
  "ticker": {
    "uuid": "9dbc0386-629b-4bd9-b0ed-85248e257973",
    "symbol": "TCMD",
    "name": "Tactile Systems Technology 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": "rotation_up",
    "architecture_regime_label": "Rotation Up",
    "architecture_modifier": "Value reclamation",
    "architecture_gate": "up",
    "architecture_direction": 48.493,
    "architecture_energy": 26.396,
    "architecture_maturity": 38.009,
    "architecture_confidence": 83.709,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating upward.",
        "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair."
      },
      "scores": {
        "balance": 46.29,
        "rotation_up": 39.3,
        "upward_expansion": 64.27,
        "deceleration": 81.99,
        "rotation_down": 22.86,
        "downward_expansion": 14.27
      },
      "activity_lines": [
        28.662,
        28.805091,
        27.4485,
        27.076613
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 29.5,
    "trend_reference": 27.0715,
    "distance_from_trend": 0.089707,
    "trend_direction": "Improving",
    "fair_value": 17.31484,
    "distance_from_fair_value": 0.703741,
    "fair_value_direction": "Improving",
    "relative_strength": 7.844154,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.056969,
    "excess_performance": -0.130485,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.089707,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.014693,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.703741,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.188188,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.078442,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.018309,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.056969,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.51521,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 844156,
      "relative_activity": 0.644713,
      "balance": 1.51521,
      "dry_up": 0.771952,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.084871,
      "annualized_volatility": 0.458646,
      "from_high_reference": -0.218957,
      "from_low_reference": 1.456286
    },
    "levels": {
      "trend_reference": 27.0715,
      "fair_value_reference": 17.31484,
      "structural_low": 20.53,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 6,
        "median_return": 0.036595,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.00192,
        "regime_survival": 0.5,
        "best_return": 0.257042,
        "worst_return": -0.101435,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": 0.21308,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.137797,
        "regime_survival": 0.0,
        "best_return": 0.93163,
        "worst_return": -0.188131,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.085795,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.05215,
        "regime_survival": 0.0,
        "best_return": 1.200601,
        "worst_return": -0.176136,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": -0.049874,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.261465,
        "regime_survival": 0.0,
        "best_return": -0.049874,
        "worst_return": -0.049874,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-06-21",
        "end": "2024-08-16",
        "tenure": "Developing",
        "return": 0.14248,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-23",
        "end": "2024-09-20",
        "tenure": "Developing",
        "return": 0.085824,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-09-27",
        "end": "2024-10-25",
        "tenure": "Developing",
        "return": -0.001406,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-11-01",
        "end": "2025-01-10",
        "tenure": "Developing",
        "return": 0.172907,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-17",
        "end": "2025-03-07",
        "tenure": "Developing",
        "return": -0.184483,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-14",
        "end": "2025-04-04",
        "tenure": "New",
        "return": 0.00228,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-08-22",
        "tenure": "Established",
        "return": -0.003014,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-29",
        "end": "2025-10-03",
        "tenure": "Developing",
        "return": 0.141998,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-10",
        "end": "2026-02-13",
        "tenure": "Established",
        "return": 0.860056,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-02-20",
        "end": "2026-04-24",
        "tenure": "Developing",
        "return": -0.127089,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-05-01",
        "end": "2026-05-22",
        "tenure": "New",
        "return": 0.087811,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-05-29",
        "end": "2026-06-05",
        "tenure": "New",
        "return": 0.032101,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-06-12",
        "end": "2026-06-26",
        "tenure": "New",
        "return": 0.150893,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-07-03",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.059011,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-18",
        "close": 17.785,
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        "typical_volume": 1436619.5,
        "trend": 19.008833,
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      },
      {
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      },
      {
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      },
      {
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      {
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      },
      {
        "date": "2026-05-01",
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      },
      {
        "date": "2026-05-08",
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      },
      {
        "date": "2026-05-15",
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      },
      {
        "date": "2026-05-22",
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        "modifier": "Structural failure",
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      },
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        "date": "2026-05-29",
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        "modifier": "Early contraction",
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      },
      {
        "date": "2026-06-05",
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      },
      {
        "date": "2026-06-12",
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        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
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      },
      {
        "date": "2026-06-19",
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      },
      {
        "date": "2026-06-26",
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        "typical_volume": 1588280.65,
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        "relative_strength": 21.786515,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 34.53402,
        "energy": 30.005651,
        "activity_lines": [
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      },
      {
        "date": "2026-07-03",
        "close": 31.35,
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        "typical_volume": 1586734.25,
        "trend": 27.082167,
        "fair_value": 17.100609,
        "relative_strength": 23.281877,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 40.223684,
        "energy": 54.956162,
        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
        "close": 29.83,
        "volume": 1040686,
        "typical_volume": 1429044.3,
        "trend": 27.149167,
        "fair_value": 17.13234,
        "relative_strength": 13.801912,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 27.294564,
        "energy": 54.580125,
        "activity_lines": [
          29.662667,
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      },
      {
        "date": "2026-07-17",
        "close": 28.74,
        "volume": 1136810,
        "typical_volume": 1371290.6,
        "trend": 27.143167,
        "fair_value": 17.170609,
        "relative_strength": 12.94117,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 34.615952,
        "energy": 56.18642,
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          29.616667,
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          26.851143,
          26.82886
        ]
      },
      {
        "date": "2026-07-24",
        "close": 27.48,
        "volume": 960652,
        "typical_volume": 1358795.45,
        "trend": 27.0705,
        "fair_value": 17.199263,
        "relative_strength": 8.517496,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 29.714641,
        "energy": 35.867214,
        "activity_lines": [
          28.988667,
          28.398,
          26.961976,
          26.850591
        ]
      },
      {
        "date": "2026-07-31",
        "close": 28.17,
        "volume": 1101407,
        "typical_volume": 1338780.7,
        "trend": 27.096167,
        "fair_value": 17.245929,
        "relative_strength": 9.301989,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 23.878386,
        "energy": 18.662157,
        "activity_lines": [
          28.533333,
          28.510364,
          27.144857,
          26.921527
        ]
      },
      {
        "date": "2026-08-07",
        "close": 29.5,
        "volume": 844156,
        "typical_volume": 1309351.25,
        "trend": 27.0715,
        "fair_value": 17.31484,
        "relative_strength": 7.844154,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 48.49312,
        "energy": 26.395517,
        "activity_lines": [
          28.662,
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          27.4485,
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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."
    }
  }
}