{ "ticker": { "uuid": "b309e289-43ed-4946-8e24-9ec30c0dba88", "symbol": "NKE", "name": "NIKE, Inc.", "exchange": "GER", "country": "DE", "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": "^GDAXI", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -60.909, "architecture_energy": 44.579, "architecture_maturity": 89.572, "architecture_confidence": 89.699, "architecture_tenure": "Extended", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 24.94, "rotation_up": 20.88, "upward_expansion": 5.47, "deceleration": 54.33, "rotation_down": 53.05, "downward_expansion": 76.47 }, "activity_lines": [ 36.859666, 37.409364, 37.67756, 39.255187 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 36.349998, "trend_reference": 42.381762, "distance_from_trend": -0.14232, "trend_direction": "Weakening", "fair_value": 65.429216, "distance_from_fair_value": -0.444438, "fair_value_direction": "Improving", "relative_strength": -30.733683, "relative_strength_direction": "Weakening", "price_momentum": -0.31402, "excess_performance": -0.37866, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.14232, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.107622, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.444438, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.021452, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.307337, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.002046, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.31402, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.093424, "read": "Demand-led" } ], "volume": { "latest": 271771, "relative_activity": 1.504269, "balance": 1.093424, "dry_up": 1.148384, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.065678, "annualized_volatility": 0.358323, "from_high_reference": -0.452287, "from_low_reference": 0.035613 }, "levels": { "trend_reference": 42.381762, "fair_value_reference": 65.429216, "structural_low": 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"2026-07-24", "close": 36.939999, "volume": 213322, "typical_volume": 168800.75, "trend": 43.581408, "fair_value": 66.152298, "relative_strength": -27.835784, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.541586, "energy": 37.95762, "activity_lines": [ 37.898667, 38.094935, 38.153401, 40.166815 ] }, { "date": "2026-07-31", "close": 36.125, "volume": 201842, "typical_volume": 171754.9, "trend": 43.023826, "fair_value": 65.788452, "relative_strength": -30.084211, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.071956, "energy": 43.354905, "activity_lines": [ 37.342667, 37.715637, 37.879411, 39.685757 ] }, { "date": "2026-08-07", "close": 36.349998, "volume": 271771, "typical_volume": 180666.45, "trend": 42.381762, "fair_value": 65.429216, "relative_strength": -30.733683, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.908664, "energy": 44.579061, "activity_lines": [ 36.859666, 37.409364, 37.67756, 39.255187 ] } ], "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." } } }