{
  "ticker": {
    "uuid": "a53c535d-076a-4bd7-940c-e3b978edac1c",
    "symbol": "BOC",
    "name": "Boston Omaha Corp",
    "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": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 60.079,
    "architecture_energy": 42.593,
    "architecture_maturity": 33.044,
    "architecture_confidence": 59.461,
    "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": 21.18,
        "rotation_up": 47.15,
        "upward_expansion": 74.48,
        "deceleration": 68.49,
        "rotation_down": 22.11,
        "downward_expansion": 5.81
      },
      "activity_lines": [
        14.261333,
        14.169455,
        13.560286,
        13.194
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
    },
    "latest_close": 14.44,
    "trend_reference": 12.809667,
    "distance_from_trend": 0.127274,
    "trend_direction": "Improving",
    "fair_value": 14.202115,
    "distance_from_fair_value": 0.01675,
    "fair_value_direction": "Improving",
    "relative_strength": -0.16825,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.151515,
    "excess_performance": 0.02589,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.127274,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.038509,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.01675,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.242719,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.001682,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.223797,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.151515,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.61022,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 532354,
      "relative_activity": 0.604765,
      "balance": 1.61022,
      "dry_up": 0.564468,
      "accumulation_observations": 5,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.069389,
      "annualized_volatility": 0.31687,
      "from_high_reference": -0.051242,
      "from_low_reference": 0.372624
    },
    "levels": {
      "trend_reference": 12.809667,
      "fair_value_reference": 14.202115,
      "structural_low": 10.52,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 9,
        "median_return": -0.060305,
        "positive_rate": 0.111111,
        "directional_follow_through": 0.111111,
        "median_excess_return": -0.071878,
        "regime_survival": 0.666667,
        "best_return": 0.029954,
        "worst_return": -0.159944,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": -0.084297,
        "positive_rate": 0.0,
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        "regime_survival": 0.0,
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        "worst_return": -0.269329,
        "sufficient": false
      },
      {
        "horizon": "Extended",
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        "worst_return": -0.353764,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "worst_return": -0.464379,
        "sufficient": false
      }
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        "end": "2024-09-06",
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      },
      {
        "date": "2026-05-01",
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      },
      {
        "date": "2026-05-08",
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      },
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        "date": "2026-05-15",
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      },
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        "date": "2026-05-22",
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      },
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        "date": "2026-06-05",
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      },
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        "date": "2026-06-12",
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        "stage": 1,
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      },
      {
        "date": "2026-06-26",
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        "energy": 69.395429,
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      },
      {
        "date": "2026-07-03",
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        "typical_volume": 881795.25,
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        "relative_strength": 6.787667,
        "stage": 2,
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 897003.3,
        "trend": 12.579333,
        "fair_value": 14.31891,
        "relative_strength": -1.239797,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.593675,
        "energy": 65.153037,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
        "close": 14.14,
        "volume": 460517,
        "typical_volume": 897205.65,
        "trend": 12.633,
        "fair_value": 14.286603,
        "relative_strength": 0.953682,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.491861,
        "energy": 62.714876,
        "activity_lines": [
          14.174,
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          13.149238,
          12.886753
        ]
      },
      {
        "date": "2026-07-24",
        "close": 14.21,
        "volume": 524533,
        "typical_volume": 881890.75,
        "trend": 12.690667,
        "fair_value": 14.254615,
        "relative_strength": 2.325873,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.102553,
        "energy": 59.088755,
        "activity_lines": [
          14.242,
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          13.28781,
          12.988495
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      },
      {
        "date": "2026-07-31",
        "close": 14.18,
        "volume": 470124,
        "typical_volume": 882966.1,
        "trend": 12.744,
        "fair_value": 14.224936,
        "relative_strength": 1.249949,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.839415,
        "energy": 41.510177,
        "activity_lines": [
          14.228667,
          14.064727,
          13.416476,
          13.084581
        ]
      },
      {
        "date": "2026-08-07",
        "close": 14.44,
        "volume": 532354,
        "typical_volume": 880265.65,
        "trend": 12.809667,
        "fair_value": 14.202115,
        "relative_strength": -0.16825,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.078734,
        "energy": 42.592583,
        "activity_lines": [
          14.261333,
          14.169455,
          13.560286,
          13.194
        ]
      }
    ],
    "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."
    }
  }
}