{
  "ticker": {
    "uuid": "ae2efd2d-c824-43b9-809d-004e2140284c",
    "symbol": "HMC",
    "name": "Honda Motor Co Ltd ADR",
    "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": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 50.188,
    "architecture_regime": "rotation_up",
    "architecture_regime_label": "Rotation Up",
    "architecture_modifier": "Value reclamation",
    "architecture_gate": "mixed",
    "architecture_direction": 61.496,
    "architecture_energy": 74.626,
    "architecture_maturity": 18.645,
    "architecture_confidence": 65.875,
    "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": 6.59,
        "rotation_up": 79.95,
        "upward_expansion": 67.86,
        "deceleration": 18.3,
        "rotation_down": 16.98,
        "downward_expansion": 23.86
      },
      "activity_lines": [
        29.884667,
        28.817273,
        27.568524,
        27.207591
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 31.82,
    "trend_reference": 27.477,
    "distance_from_trend": 0.158059,
    "trend_direction": "Weakening",
    "fair_value": 29.327398,
    "distance_from_fair_value": 0.084992,
    "fair_value_direction": "Improving",
    "relative_strength": -2.670512,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.030469,
    "excess_performance": -0.156094,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.158059,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.023885,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.084992,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.249458,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.026705,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.237855,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.030469,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.912238,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 7491058,
      "relative_activity": 0.8759,
      "balance": 1.912238,
      "dry_up": 0.701234,
      "accumulation_observations": 4,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.053923,
      "annualized_volatility": 0.279628,
      "from_high_reference": -0.068438,
      "from_low_reference": 0.368897
    },
    "levels": {
      "trend_reference": 27.477,
      "fair_value_reference": 29.327398,
      "structural_low": 23.245,
      "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": -0.084058,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.121365,
        "regime_survival": 0.0,
        "best_return": 0.044966,
        "worst_return": -0.188798,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": -0.175973,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.127512,
        "regime_survival": 0.0,
        "best_return": 0.122941,
        "worst_return": -0.176211,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": 0.076541,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.059931,
        "regime_survival": 0.0,
        "best_return": 0.290066,
        "worst_return": -0.136984,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.148358,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.037828,
        "regime_survival": 0.5,
        "best_return": 0.43792,
        "worst_return": -0.141204,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-31",
        "end": "2025-05-02",
        "tenure": "Established",
        "return": 0.110175,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-09",
        "end": "2025-06-13",
        "tenure": "Developing",
        "return": -0.044306,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-06-20",
        "end": "2025-07-11",
        "tenure": "New",
        "return": 0.053878,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-18",
        "end": "2025-09-26",
        "tenure": "Developing",
        "return": 0.103667,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-03",
        "end": "2025-11-07",
        "tenure": "Developing",
        "return": -0.049729,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-11-14",
        "end": "2025-12-12",
        "tenure": "Developing",
        "return": 0.0286,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-12-19",
        "end": "2025-12-26",
        "tenure": "New",
        "return": -0.010624,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-02",
        "end": "2026-01-23",
        "tenure": "New",
        "return": 0.015354,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-30",
        "end": "2026-02-06",
        "tenure": "New",
        "return": 0.082097,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-02-13",
        "end": "2026-02-20",
        "tenure": "New",
        "return": -0.047514,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-02-27",
        "end": "2026-02-27",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-03-06",
        "end": "2026-06-12",
        "tenure": "Established",
        "return": -0.029369,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-06-19",
        "end": "2026-07-17",
        "tenure": "Developing",
        "return": 0.072353,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.129972,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-18",
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        "typical_volume": 5076902.6,
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      },
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        "date": "2023-08-25",
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      },
      {
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      },
      {
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      },
      {
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        "date": "2026-04-17",
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        "date": "2026-05-29",
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      {
        "date": "2026-06-05",
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      },
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-10",
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      },
      {
        "date": "2026-07-17",
        "close": 28.16,
        "volume": 4633153,
        "typical_volume": 9133664.6,
        "trend": 27.487667,
        "fair_value": 29.303792,
        "relative_strength": -11.691388,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 28.700578,
        "energy": 44.312231,
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          27.766667,
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          26.708796
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      },
      {
        "date": "2026-07-24",
        "close": 28.16,
        "volume": 4413729,
        "typical_volume": 8907825.55,
        "trend": 27.433,
        "fair_value": 29.298013,
        "relative_strength": -10.636269,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 27.680553,
        "energy": 49.101035,
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          28.006667,
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      },
      {
        "date": "2026-07-31",
        "close": 30.11,
        "volume": 7451029,
        "typical_volume": 8659891.55,
        "trend": 27.438,
        "fair_value": 29.310242,
        "relative_strength": -5.074325,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 54.852459,
        "energy": 61.911191,
        "activity_lines": [
          28.77,
          28.042727,
          27.027762,
          26.924882
        ]
      },
      {
        "date": "2026-08-07",
        "close": 31.82,
        "volume": 7491058,
        "typical_volume": 8552410.05,
        "trend": 27.477,
        "fair_value": 29.327398,
        "relative_strength": -2.670512,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 61.495508,
        "energy": 74.625833,
        "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."
    }
  }
}