{
  "ticker": {
    "uuid": "a3082c2c-e6b6-41e3-a9e9-afe54776e04c",
    "symbol": "PCB",
    "name": "PCB Bancorp",
    "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": 60.406,
    "architecture_energy": 51.007,
    "architecture_maturity": 87.374,
    "architecture_confidence": 70.298,
    "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": 13.29,
        "rotation_up": 48.1,
        "upward_expansion": 79.49,
        "deceleration": 71.42,
        "rotation_down": 26.97,
        "downward_expansion": 8.49
      },
      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 27.87,
    "trend_reference": 24.503825,
    "distance_from_trend": 0.137373,
    "trend_direction": "Improving",
    "fair_value": 18.837079,
    "distance_from_fair_value": 0.479529,
    "fair_value_direction": "Improving",
    "relative_strength": 6.225564,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.204471,
    "excess_performance": 0.017017,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.137373,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.089926,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.479529,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.08876,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.062256,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.098687,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.204471,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.690582,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 229527,
      "relative_activity": 1.416063,
      "balance": 2.690582,
      "dry_up": 1.484303,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.053341,
      "annualized_volatility": 0.2119,
      "from_high_reference": -0.089022,
      "from_low_reference": 0.45441
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    "levels": {
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      "fair_value_reference": 18.837079,
      "structural_low": 20.891,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 29,
        "median_return": 0.02233,
        "positive_rate": 0.551724,
        "directional_follow_through": 0.551724,
        "median_excess_return": -0.004655,
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        "worst_return": -0.142527,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "worst_return": -0.078634,
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      },
      {
        "horizon": "Extended",
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        "horizon": "Full cycle",
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        "regime": "downward_expansion",
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      },
      {
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      },
      {
        "date": "2026-07-24",
        "close": 27.860078,
        "volume": 260701,
        "typical_volume": 150165.0,
        "trend": 24.070356,
        "fair_value": 18.664929,
        "relative_strength": 12.690519,
        "stage": 2,
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      },
      {
        "date": "2026-07-31",
        "close": 27.651723,
        "volume": 265022,
        "typical_volume": 157934.4,
        "trend": 24.285907,
        "fair_value": 18.750361,
        "relative_strength": 10.946681,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.920241,
        "energy": 58.307674,
        "activity_lines": [
          28.25893,
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      },
      {
        "date": "2026-08-07",
        "close": 27.87,
        "volume": 229527,
        "typical_volume": 162088.15,
        "trend": 24.503825,
        "fair_value": 18.837079,
        "relative_strength": 6.225564,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.406372,
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        "activity_lines": [
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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."
    }
  }
}