{ "ticker": { "uuid": "aae132b8-6a10-47ce-9912-7b155ee49cce", "symbol": "BILL", "name": "Bill Com Holdings Inc", "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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Emerging rotation", "architecture_gate": "mixed", "architecture_direction": 51.295, "architecture_energy": 67.66, "architecture_maturity": 17.612, "architecture_confidence": 60.924, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 20.29, "rotation_up": 78.24, "upward_expansion": 65.82, "deceleration": 18.31, "rotation_down": 16.25, "downward_expansion": 21.82 }, "activity_lines": [ 45.452, 42.536364, 40.21681, 40.135505 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 47.99, "trend_reference": 41.011667, "distance_from_trend": 0.170155, "trend_direction": "Weakening", "fair_value": 58.604679, "distance_from_fair_value": -0.181123, "fair_value_direction": "Improving", "relative_strength": -5.473386, "relative_strength_direction": "Improving", "price_momentum": -0.019412, "excess_performance": -0.145036, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.170155, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.087656, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.181123, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.172259, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.054734, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.142739, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.019412, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.051561, "read": "Demand-led" } ], "volume": { "latest": 11415712, "relative_activity": 0.972661, "balance": 1.051561, "dry_up": 1.01719, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.093326, "annualized_volatility": 0.484872, "from_high_reference": -0.161161, "from_low_reference": 0.527857 }, "levels": { "trend_reference": 41.011667, "fair_value_reference": 58.604679, "structural_low": 31.41, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 3, "median_return": 0.066496, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.035725, "regime_survival": 0.333333, "best_return": 0.087381, "worst_return": -0.206423, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": -0.085383, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.113878, "regime_survival": 0.0, "best_return": 0.083659, "worst_return": -0.254425, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.436242, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.486655, "regime_survival": 0.0, "best_return": -0.366183, "worst_return": -0.506302, "sufficient": false }, { "horizon": 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"close": 41.36, "volume": 9650398, "typical_volume": 11242841.5, "trend": 42.175333, "fair_value": 60.457179, "relative_strength": -17.469387, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.30544, "energy": 11.735634, "activity_lines": [ 38.226667, 37.214, 37.601, 39.185312 ] }, { "date": "2026-07-17", "close": 44.71, "volume": 13429633, "typical_volume": 11378212.7, "trend": 41.799667, "fair_value": 59.943269, "relative_strength": -9.023323, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 12.03019, "energy": 23.736845, "activity_lines": [ 40.929333, 38.542364, 38.19881, 39.348839 ] }, { "date": "2026-07-24", "close": 43.51, "volume": 10747916, "typical_volume": 11483742.6, "trend": 41.409, "fair_value": 59.423333, "relative_strength": -10.578825, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 25.477875, "energy": 34.416114, "activity_lines": [ 42.463333, 39.600182, 38.681381, 39.459183 ] }, { "date": "2026-07-31", "close": 45.13, "volume": 12160080, "typical_volume": 11634677.75, "trend": 41.228, "fair_value": 58.973397, "relative_strength": -8.055074, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.106952, "energy": 51.581226, "activity_lines": [ 43.801333, 40.89, 39.325619, 39.699247 ] }, { "date": "2026-08-07", "close": 47.99, "volume": 11415712, "typical_volume": 11736581.45, "trend": 41.011667, "fair_value": 58.604679, "relative_strength": -5.473386, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 51.294922, "energy": 67.659818, "activity_lines": [ 45.452, 42.536364, 40.21681, 40.135505 ] } ], "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." } } }