{ "ticker": { "uuid": "a0be364a-9028-4808-ac60-98923b1849d0", "symbol": "INDB", "name": "Independent Bank", "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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 86.458, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 57.26, "architecture_energy": 39.864, "architecture_maturity": 35.359, "architecture_confidence": 64.451, "architecture_tenure": "Developing", "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": 17.49, "rotation_up": 52.14, "upward_expansion": 78.32, "deceleration": 65.78, "rotation_down": 21.48, "downward_expansion": 4.99 }, "activity_lines": [ 84.137333, 83.839269, 81.860021, 80.667765 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 83.73, "trend_reference": 79.668341, "distance_from_trend": 0.050982, "trend_direction": "Improving", "fair_value": 62.116764, "distance_from_fair_value": 0.347945, "fair_value_direction": "Improving", "relative_strength": -2.847362, "relative_strength_direction": "Improving", "price_momentum": -0.018041, "excess_performance": -0.205495, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.050982, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.047728, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.347945, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.034627, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.028474, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.055779, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.018041, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.223598, "read": "Demand-led" } ], "volume": { "latest": 1505845, "relative_activity": 0.846479, "balance": 1.223598, "dry_up": 1.140423, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.04534, "annualized_volatility": 0.19393, "from_high_reference": -0.043086, "from_low_reference": 0.357292 }, "levels": { "trend_reference": 79.668341, "fair_value_reference": 62.116764, "structural_low": 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"direction": 66.332134, "energy": 71.362174, "activity_lines": [ 83.493039, 81.851164, 79.850129, 79.260073 ] }, { "date": "2026-07-17", "close": 84.51, "volume": 2702733, "typical_volume": 1769081.6, "trend": 78.640582, "fair_value": 61.515291, "relative_strength": 2.446025, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.189391, "energy": 69.349464, "activity_lines": [ 83.963032, 82.594302, 80.430252, 79.656764 ] }, { "date": "2026-07-24", "close": 85.12, "volume": 1868140, "typical_volume": 1796568.3, "trend": 78.996603, "fair_value": 61.714576, "relative_strength": 4.691198, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.873013, "energy": 61.024062, "activity_lines": [ 84.511421, 83.322795, 81.034597, 80.074791 ] }, { "date": "2026-07-31", "close": 83.83, "volume": 2038310, "typical_volume": 1809270.0, "trend": 79.372306, "fair_value": 61.910155, "relative_strength": 2.33964, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.356122, "energy": 44.345716, "activity_lines": [ 84.317333, 83.641125, 81.475248, 80.386623 ] }, { "date": "2026-08-07", "close": 83.73, "volume": 1505845, "typical_volume": 1778951.15, "trend": 79.668341, "fair_value": 62.116764, "relative_strength": -2.847362, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.260285, "energy": 39.863541, "activity_lines": [ 84.137333, 83.839269, 81.860021, 80.667765 ] } ], "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." } } }