{ "ticker": { "uuid": "a838f9be-9a61-4c01-b073-3a5f2b0dc20c", "symbol": "WAT", "name": "Waters Corporation", "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": 80.51, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 78.158, "architecture_energy": 60.851, "architecture_maturity": 18.433, "architecture_confidence": 89.264, "architecture_tenure": "New", "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": 16.77, "rotation_up": 63.32, "upward_expansion": 86.85, "deceleration": 47.06, "rotation_down": 19.43, "downward_expansion": 11.18 }, "activity_lines": [ 385.464667, 378.910909, 365.621381, 353.675355 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Stable", "price_acceptance": 0.833333 }, "latest_close": 406.86, "trend_reference": 346.620333, "distance_from_trend": 0.173791, "trend_direction": "Weakening", "fair_value": 335.759423, "distance_from_fair_value": 0.21176, "fair_value_direction": "Improving", "relative_strength": 4.531338, "relative_strength_direction": "Improving", "price_momentum": 0.067062, "excess_performance": -0.058563, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.173791, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.013018, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.21176, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.127854, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.045313, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.11258, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.067062, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.376937, "read": "Demand-led" } ], "volume": { "latest": 6047717, "relative_activity": 1.28441, "balance": 1.376937, "dry_up": 0.973956, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.064724, "annualized_volatility": 0.449795, "from_high_reference": -0.017602, "from_low_reference": 0.46095 }, "levels": { "trend_reference": 346.620333, "fair_value_reference": 335.759423, "structural_low": 282.77, 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"regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.06834, "energy": 33.212463, "activity_lines": [ 369.122, 363.260909, 344.990286, 342.695656 ] }, { "date": "2026-07-10", "close": 376.43, "volume": 3449317, "typical_volume": 5024074.5, "trend": 347.119333, "fair_value": 333.376154, "relative_strength": -0.284336, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.966247, "energy": 36.408069, "activity_lines": [ 372.596667, 367.203818, 349.225095, 344.567527 ] }, { "date": "2026-07-17", "close": 368.98, "volume": 3089364, "typical_volume": 4847008.85, "trend": 346.817667, "fair_value": 333.890641, "relative_strength": -0.851118, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.043607, "energy": 36.458856, "activity_lines": [ 372.85, 368.532, 352.545143, 345.977892 ] }, { "date": "2026-07-24", "close": 374.68, "volume": 5262086, "typical_volume": 4776172.75, "trend": 346.438333, "fair_value": 334.460577, "relative_strength": 1.172438, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 57.845314, "energy": 43.786229, "activity_lines": [ 374.106667, 370.644727, 356.171857, 347.775462 ] }, { "date": "2026-07-31", "close": 377.31, "volume": 3944531, "typical_volume": 4725201.4, "trend": 346.283333, "fair_value": 335.020962, "relative_strength": 0.650552, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.402624, "energy": 38.594123, "activity_lines": [ 374.957333, 372.409091, 359.705524, 349.767183 ] }, { "date": "2026-08-07", "close": 406.86, "volume": 6047717, "typical_volume": 4708555.05, "trend": 346.620333, "fair_value": 335.759423, "relative_strength": 4.531338, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.158118, "energy": 60.851393, "activity_lines": [ 385.464667, 378.910909, 365.621381, 353.675355 ] } ], "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." } } }