{ "ticker": { "uuid": "b24f6c37-d0d1-4786-841c-d625fa468cca", "symbol": "FLR", "name": "Fluor Corporation", "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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "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": 70.967, "architecture_energy": 42.144, "architecture_maturity": 28.241, "architecture_confidence": 77.887, "architecture_tenure": "Developing", "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": 34.03, "rotation_up": 52.8, "upward_expansion": 73.19, "deceleration": 61.32, "rotation_down": 17.21, "downward_expansion": 4.52 }, "activity_lines": [ 52.743333, 51.980364, 50.294952, 49.420108 ], "activity_state": "Moderate", "activity_direction": "Stable", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 57.0, "trend_reference": 48.386333, "distance_from_trend": 0.178019, "trend_direction": "Improving", "fair_value": 44.066667, "distance_from_fair_value": 0.293495, "fair_value_direction": "Improving", "relative_strength": 10.080439, "relative_strength_direction": "Improving", "price_momentum": 0.214834, "excess_performance": 0.089209, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.178019, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.064442, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.293495, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.272449, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.100804, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.257237, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.214834, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.157789, "read": "Demand-led" } ], "volume": { "latest": 20129048, "relative_activity": 1.595792, "balance": 3.157789, "dry_up": 1.000949, "accumulation_observations": 6, "distribution_observations": 1 }, "risk": { "range_context": 0.082362, "annualized_volatility": 0.541844, "from_high_reference": -0.011275, "from_low_reference": 0.449275 }, "levels": { "trend_reference": 48.386333, "fair_value_reference": 44.066667, "structural_low": 41.6, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 30, "median_return": 0.001571, "positive_rate": 0.533333, "directional_follow_through": 0.533333, "median_excess_return": -0.016964, "regime_survival": 0.666667, "best_return": 0.144274, "worst_return": -0.266031, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": -0.017018, "positive_rate": 0.454545, "directional_follow_through": 0.454545, "median_excess_return": -0.028265, "regime_survival": 0.272727, "best_return": 0.127482, "worst_return": -0.275253, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.05327, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.169886, "regime_survival": 0.0, "best_return": 0.259243, "worst_return": -0.382545, "sufficient": true }, { "horizon": 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48.569381, 47.973935 ] }, { "date": "2026-07-10", "close": 50.74, "volume": 9109032, "typical_volume": 12884944.5, "trend": 47.029, "fair_value": 43.574103, "relative_strength": -0.621645, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.762206, "energy": 55.624325, "activity_lines": [ 51.366667, 49.986, 48.81, 48.22871 ] }, { "date": "2026-07-17", "close": 49.08, "volume": 7514735, "typical_volume": 12502627.55, "trend": 47.301333, "fair_value": 43.694103, "relative_strength": -1.736381, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.48983, "energy": 28.363466, "activity_lines": [ 50.51, 50.107636, 48.906571, 48.361032 ] }, { "date": "2026-07-24", "close": 52.19, "volume": 12464660, "typical_volume": 12497754.05, "trend": 47.680333, "fair_value": 43.832244, "relative_strength": 5.687709, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.855236, "energy": 26.515178, "activity_lines": [ 50.802, 50.689818, 49.314714, 48.67643 ] }, { "date": "2026-07-31", "close": 50.17, "volume": 10394757, "typical_volume": 12372700.15, "trend": 47.962667, "fair_value": 43.923462, "relative_strength": 0.50123, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.512317, "energy": 19.52188, "activity_lines": [ 50.518667, 50.762364, 49.496619, 48.837054 ] }, { "date": "2026-08-07", "close": 57.0, "volume": 20129048, "typical_volume": 12613832.2, "trend": 48.386333, "fair_value": 44.066667, "relative_strength": 10.080439, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.966943, "energy": 42.143803, "activity_lines": [ 52.743333, 51.980364, 50.294952, 49.420108 ] } ], "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." } } }