{ "ticker": { "uuid": "bbf82ff9-7915-4131-9e80-b5387aa890c9", "symbol": "GVA", "name": "Granite Construction 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 69.399, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": -19.842, "architecture_energy": 34.61, "architecture_maturity": 7.189, "architecture_confidence": 63.036, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 47.46, "rotation_up": 14.49, "upward_expansion": 18.59, "deceleration": 56.89, "rotation_down": 63.56, "downward_expansion": 45.92 }, "activity_lines": [ 124.627333, 130.967165, 133.703984, 132.282173 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 128.32, "trend_reference": 130.255514, "distance_from_trend": -0.014859, "trend_direction": "Improving", "fair_value": 85.7616, "distance_from_fair_value": 0.496241, "fair_value_direction": "Weakening", "relative_strength": -5.361007, "relative_strength_direction": "Weakening", "price_momentum": -0.013219, "excess_performance": -0.138844, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.014859, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.067447, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.496241, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.327554, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.05361, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.199932, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.013219, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.157463, "read": "Demand-led" } ], "volume": { "latest": 5906227, "relative_activity": 1.484731, "balance": 1.157463, "dry_up": 1.388922, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.099413, "annualized_volatility": 0.428093, "from_high_reference": -0.207641, "from_low_reference": 0.322269 }, "levels": { "trend_reference": 130.255514, "fair_value_reference": 85.7616, 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134.09289 ] }, { "date": "2026-07-10", "close": 122.46, "volume": 4420178, "typical_volume": 3540309.35, "trend": 129.449583, "fair_value": 83.620419, "relative_strength": -7.051509, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 23.925667, "energy": 23.010455, "activity_lines": [ 140.691871, 140.909705, 136.665206, 133.658367 ] }, { "date": "2026-07-17", "close": 124.03, "volume": 5128338, "typical_volume": 3637424.75, "trend": 129.744079, "fair_value": 84.147226, "relative_strength": -4.550092, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 13.28598, "energy": 10.03314, "activity_lines": [ 134.32306, 137.939044, 135.851787, 133.308716 ] }, { "date": "2026-07-24", "close": 124.47, "volume": 3208394, "typical_volume": 3639083.9, "trend": 129.923196, "fair_value": 84.693191, "relative_strength": -3.823067, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.075106, "energy": 23.340948, "activity_lines": [ 129.197881, 135.370808, 135.129247, 132.968453 ] }, { "date": "2026-07-31", "close": 120.97, "volume": 7857430, "typical_volume": 3816180.65, "trend": 130.004148, "fair_value": 85.204529, "relative_strength": -7.666473, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.368785, "energy": 35.443542, "activity_lines": [ 124.378, 132.420139, 134.067498, 132.390828 ] }, { "date": "2026-08-07", "close": 128.32, "volume": 5906227, "typical_volume": 3977976.55, "trend": 130.255514, "fair_value": 85.7616, "relative_strength": -5.361007, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.841612, "energy": 34.609911, "activity_lines": [ 124.627333, 130.967165, 133.703984, 132.282173 ] } ], "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." } } }