{
  "ticker": {
    "uuid": "ab4d2116-00bb-4de1-8729-0ed017475363",
    "symbol": "ABM",
    "name": "ABM Industries Incorporated",
    "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": 72.218,
    "architecture_energy": 77.548,
    "architecture_maturity": 14.499,
    "architecture_confidence": 74.743,
    "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": 11.33,
        "rotation_up": 76.84,
        "upward_expansion": 92.93,
        "deceleration": 42.93,
        "rotation_down": 10.42,
        "downward_expansion": 17.26
      },
      "activity_lines": [
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        43.36726
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 48.54,
    "trend_reference": 42.908996,
    "distance_from_trend": 0.131231,
    "trend_direction": "Improving",
    "fair_value": 45.162839,
    "distance_from_fair_value": 0.074777,
    "fair_value_direction": "Improving",
    "relative_strength": -0.640962,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.02825,
    "excess_performance": -0.097375,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.131231,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.024579,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.074777,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.185481,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.00641,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.192573,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.02825,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.834264,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 2072647,
      "relative_activity": 0.804694,
      "balance": 2.834264,
      "dry_up": 0.853137,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.055674,
      "annualized_volatility": 0.307619,
      "from_high_reference": -0.025301,
      "from_low_reference": 0.323076
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    "levels": {
      "trend_reference": 42.908996,
      "fair_value_reference": 45.162839,
      "structural_low": 36.687225,
      "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": 12,
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        "positive_rate": 0.583333,
        "directional_follow_through": 0.583333,
        "median_excess_return": -0.018465,
        "regime_survival": 0.666667,
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        "worst_return": -0.151102,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "worst_return": -0.194089,
        "sufficient": true
      },
      {
        "horizon": "Extended",
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        "horizon": "Full cycle",
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      },
      {
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      },
      {
        "date": "2026-07-03",
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      },
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 2837486.8,
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        "fair_value": 45.064409,
        "relative_strength": 0.419092,
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      },
      {
        "date": "2026-07-24",
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        "volume": 1838862,
        "typical_volume": 2838302.5,
        "trend": 42.565743,
        "fair_value": 45.097735,
        "relative_strength": 1.604303,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 75.99948,
        "energy": 70.128583,
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      },
      {
        "date": "2026-07-31",
        "close": 47.91,
        "volume": 2431608,
        "typical_volume": 2722326.1,
        "trend": 42.759902,
        "fair_value": 45.129987,
        "relative_strength": 1.158827,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.226857,
        "energy": 71.798577,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-08-07",
        "close": 48.54,
        "volume": 2072647,
        "typical_volume": 2575695.8,
        "trend": 42.908996,
        "fair_value": 45.162839,
        "relative_strength": -0.640962,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.217918,
        "energy": 77.547929,
        "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."
    }
  }
}