{ "ticker": { "uuid": "abad14e6-13b8-4a6a-b92c-e516cbbdc9aa", "symbol": "PLSE", "name": "Pulse Biosciences Inc", "exchange": "NASDAQ", "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": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late 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": "Established expansion", "architecture_gate": "up", "architecture_direction": 90.638, "architecture_energy": 86.895, "architecture_maturity": 70.0, "architecture_confidence": 79.045, "architecture_tenure": "Established", "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": 3.33, "rotation_up": 82.7, "upward_expansion": 94.22, "deceleration": 42.23, "rotation_down": 9.33, "downward_expansion": 18.55 }, "activity_lines": [ 35.127333, 31.841909, 28.464214, 26.405129 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 42.41, "trend_reference": 23.619833, "distance_from_trend": 0.795525, "trend_direction": "Improving", "fair_value": 15.564071, "distance_from_fair_value": 1.724866, "fair_value_direction": "Improving", "relative_strength": 85.575765, "relative_strength_direction": "Improving", "price_momentum": 1.043855, "excess_performance": 0.856402, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.795525, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.277876, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.724866, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 1.338315, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.855758, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.926991, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 1.043855, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.810927, "read": "Demand-led" } ], "volume": { "latest": 1922598, "relative_activity": 1.192558, "balance": 4.810927, "dry_up": 1.193659, "accumulation_observations": 7, "distribution_observations": 1 }, "risk": { "range_context": 0.120089, "annualized_volatility": 0.823153, "from_high_reference": -0.076035, "from_low_reference": 2.376592 }, "levels": { "trend_reference": 23.619833, "fair_value_reference": 15.564071, "structural_low": 17.46, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 27, "median_return": 0.031746, "positive_rate": 0.518519, "directional_follow_through": 0.518519, "median_excess_return": -0.024837, "regime_survival": 0.740741, "best_return": 1.053134, "worst_return": -0.441527, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.164062, "positive_rate": 0.545455, "directional_follow_through": 0.545455, "median_excess_return": 0.02992, "regime_survival": 0.636364, "best_return": 1.104027, "worst_return": -0.288399, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.42148, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.330413, "regime_survival": 0.666667, "best_return": 1.449219, "worst_return": -0.163152, "sufficient": true }, { "horizon": "Full 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"fair_value": 15.022917, "relative_strength": 36.736903, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.421401, "energy": 56.139419, "activity_lines": [ 27.911667, 26.987273, 25.147905, 23.716129 ] }, { "date": "2026-07-24", "close": 30.23, "volume": 2004278, "typical_volume": 1538417.1, "trend": 21.9645, "fair_value": 15.160737, "relative_strength": 44.828524, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.614694, "energy": 53.550353, "activity_lines": [ 28.773333, 27.695182, 25.771024, 24.28343 ] }, { "date": "2026-07-31", "close": 35.13, "volume": 2645028, "typical_volume": 1591257.7, "trend": 22.689167, "fair_value": 15.338494, "relative_strength": 64.855232, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.892537, "energy": 66.277312, "activity_lines": [ 30.959667, 29.190727, 26.803238, 25.132817 ] }, { "date": "2026-08-07", "close": 42.41, "volume": 1922598, "typical_volume": 1612162.5, "trend": 23.619833, "fair_value": 15.564071, "relative_strength": 85.575765, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.638169, "energy": 86.894648, "activity_lines": [ 35.127333, 31.841909, 28.464214, 26.405129 ] } ], "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." } } }