{
  "ticker": {
    "uuid": "aa1a9231-fc40-46a0-b808-5ef510acf9a1",
    "symbol": "SHW",
    "name": "Sherwin-Williams Co",
    "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": 68.636,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Upper balance after advance",
    "architecture_gate": "mixed",
    "architecture_direction": 46.46,
    "architecture_energy": 30.944,
    "architecture_maturity": 14.876,
    "architecture_confidence": 59.829,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 32.19,
        "rotation_up": 54.06,
        "upward_expansion": 46.51,
        "deceleration": 40.41,
        "rotation_down": 24.82,
        "downward_expansion": 11.84
      },
      "activity_lines": [
        344.080667,
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        330.237067,
        329.498306
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.333333
    },
    "latest_close": 369.73,
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    "distance_from_trend": 0.11131,
    "trend_direction": "Improving",
    "fair_value": 326.90329,
    "distance_from_fair_value": 0.131007,
    "fair_value_direction": "Improving",
    "relative_strength": -2.259626,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.026354,
    "excess_performance": -0.099271,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.11131,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.000796,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.131007,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.144815,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.022596,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.155623,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.026354,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.928378,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 10089851,
      "relative_activity": 0.968032,
      "balance": 1.928378,
      "dry_up": 1.036748,
      "accumulation_observations": 6,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.061316,
      "annualized_volatility": 0.317522,
      "from_high_reference": -0.019088,
      "from_low_reference": 0.275547
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    "levels": {
      "trend_reference": 332.697424,
      "fair_value_reference": 326.90329,
      "structural_low": 289.86,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 14,
        "median_return": 0.008437,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.010222,
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        "worst_return": -0.125149,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
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        "positive_rate": 0.428571,
        "directional_follow_through": 0.428571,
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        "worst_return": -0.135791,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
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        "directional_follow_through": 0.75,
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        "worst_return": -0.036652,
        "sufficient": false
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        "horizon": "Full cycle",
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        "worst_return": -0.095083,
        "sufficient": false
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        "regime": "rotation_down",
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        "regime": "downward_expansion",
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        "active": false
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      },
      {
        "date": "2026-04-17",
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        "date": "2026-06-05",
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-10",
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      },
      {
        "date": "2026-07-17",
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        "fair_value": 325.477365,
        "relative_strength": -9.864967,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 16.712938,
        "energy": 30.718671,
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      },
      {
        "date": "2026-07-24",
        "close": 317.51,
        "volume": 10001459,
        "typical_volume": 10131471.6,
        "trend": 331.60605,
        "fair_value": 325.764256,
        "relative_strength": -12.75605,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
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        "direction": -16.697138,
        "energy": 16.313812,
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      },
      {
        "date": "2026-07-31",
        "close": 340.85,
        "volume": 13765465,
        "typical_volume": 10412724.85,
        "trend": 332.092361,
        "fair_value": 326.241708,
        "relative_strength": -7.006178,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 17.527872,
        "energy": 11.23103,
        "activity_lines": [
          332.580667,
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      },
      {
        "date": "2026-08-07",
        "close": 369.73,
        "volume": 10089851,
        "typical_volume": 10423053.1,
        "trend": 332.697424,
        "fair_value": 326.90329,
        "relative_strength": -2.259626,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 46.459628,
        "energy": 30.94421,
        "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."
    }
  }
}