{ "ticker": { "uuid": "be9303b4-13e4-48d5-a867-2731b19d1a78", "symbol": "WAB", "name": "Westinghouse Air Brake Technologies Corp", "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": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 67.97, "architecture_energy": 75.297, "architecture_maturity": 24.064, "architecture_confidence": 80.852, "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": 22.67, "rotation_up": 71.17, "upward_expansion": 87.83, "deceleration": 47.72, "rotation_down": 9.37, "downward_expansion": 16.83 }, "activity_lines": [ 287.690667, 279.254909, 272.206466, 266.867101 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 291.81, "trend_reference": 259.201506, "distance_from_trend": 0.125804, "trend_direction": "Improving", "fair_value": 186.086252, "distance_from_fair_value": 0.568144, "fair_value_direction": "Improving", "relative_strength": 11.149087, "relative_strength_direction": "Improving", "price_momentum": 0.187527, "excess_performance": 0.061902, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.125804, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.086707, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.568144, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.027609, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.111491, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.026372, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.187527, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.940449, "read": "Supply-led" } ], "volume": { "latest": 4516797, "relative_activity": 0.958928, "balance": 0.940449, "dry_up": 1.170843, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.052985, "annualized_volatility": 0.28401, "from_high_reference": -0.048363, "from_low_reference": 0.589387 }, "levels": { "trend_reference": 259.201506, "fair_value_reference": 186.086252, "structural_low": 232.518884, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 36, "median_return": 0.021884, "positive_rate": 0.638889, "directional_follow_through": 0.638889, "median_excess_return": 0.009376, "regime_survival": 0.722222, "best_return": 0.151594, "worst_return": -0.12819, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.022163, "positive_rate": 0.538462, "directional_follow_through": 0.538462, "median_excess_return": 0.00165, "regime_survival": 0.461538, "best_return": 0.228578, "worst_return": -0.082259, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.033458, "positive_rate": 0.857143, "directional_follow_through": 0.857143, "median_excess_return": 0.034678, "regime_survival": 0.428571, "best_return": 0.275571, "worst_return": -0.028893, "sufficient": true }, { 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"energy": 30.412548, "activity_lines": [ 265.084, 264.445124, 262.305611, 258.212867 ] }, { "date": "2026-07-17", "close": 262.08, "volume": 3844201, "typical_volume": 4453471.0, "trend": 251.643407, "fair_value": 182.606589, "relative_strength": 5.402189, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.477839, "energy": 18.680246, "activity_lines": [ 263.646667, 264.116024, 262.622924, 258.986106 ] }, { "date": "2026-07-24", "close": 302.5, "volume": 8412564, "typical_volume": 4614792.0, "trend": 254.43394, "fair_value": 183.797147, "relative_strength": 21.690799, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.122237, "energy": 54.349585, "activity_lines": [ 275.890667, 271.196182, 266.797147, 262.267177 ] }, { "date": "2026-07-31", "close": 290.86, "volume": 5286329, "typical_volume": 4680151.6, "trend": 256.937231, "fair_value": 184.937582, "relative_strength": 15.16728, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.58693, "energy": 67.860348, "activity_lines": [ 282.343333, 275.452364, 269.586059, 264.617245 ] }, { "date": "2026-08-07", "close": 291.81, "volume": 4516797, "typical_volume": 4710256.5, "trend": 259.201506, "fair_value": 186.086252, "relative_strength": 11.149087, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.969566, "energy": 75.296607, "activity_lines": [ 287.690667, 279.254909, 272.206466, 266.867101 ] } ], "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." } } }