{ "ticker": { "uuid": "c09693f8-6c18-4e86-92c0-da25066e235f", "symbol": "FORM", "name": "FormFactor Inc", "exchange": "NASDAQ", "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": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 95.676, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": -16.156, "architecture_energy": 26.705, "architecture_maturity": 11.79, "architecture_confidence": 42.343, "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": 51.44, "rotation_up": 16.11, "upward_expansion": 22.22, "deceleration": 56.58, "rotation_down": 56.87, "downward_expansion": 40.55 }, "activity_lines": [ 110.168667, 116.196545, 122.72419, 119.681613 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 117.39, "trend_reference": 112.079667, "distance_from_trend": 0.04738, "trend_direction": "Improving", "fair_value": 54.910577, "distance_from_fair_value": 1.137839, "fair_value_direction": "Weakening", "relative_strength": 25.537497, "relative_strength_direction": "Weakening", "price_momentum": 0.300144, "excess_performance": 0.11269, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.04738, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.238691, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.137839, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.979466, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.255375, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.793387, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.300144, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.510077, "read": "Supply-led" } ], "volume": { "latest": 6887042, "relative_activity": 0.779904, "balance": 0.510077, "dry_up": 0.795995, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.208264, "annualized_volatility": 0.677603, "from_high_reference": -0.267549, "from_low_reference": 3.347778 }, "levels": { "trend_reference": 112.079667, "fair_value_reference": 54.910577, "structural_low": 81.01, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 13, "median_return": -0.003534, "positive_rate": 0.461538, "directional_follow_through": 0.461538, "median_excess_return": 0.005465, "regime_survival": 0.461538, "best_return": 0.223639, "worst_return": -0.189507, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.059638, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.099634, "regime_survival": 0.0, "best_return": 0.645692, "worst_return": -0.39507, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.098161, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.035247, "regime_survival": 0.25, "best_return": 2.159202, "worst_return": -0.296792, "sufficient": 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"activity_lines": [ 118.648667, 124.280909, 126.527238, 119.621441 ] }, { "date": "2026-07-24", "close": 104.04, "volume": 4914041, "typical_volume": 8576998.75, "trend": 108.887667, "fair_value": 53.899872, "relative_strength": 21.441133, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -2.392256, "energy": 17.265364, "activity_lines": [ 111.530667, 120.238545, 124.853429, 119.40757 ] }, { "date": "2026-07-31", "close": 106.2, "volume": 10066782, "typical_volume": 8861340.65, "trend": 110.454667, "fair_value": 54.361795, "relative_strength": 21.384431, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.538082, "energy": 27.382612, "activity_lines": [ 108.166667, 116.993091, 123.294714, 119.234172 ] }, { "date": "2026-08-07", "close": 117.39, "volume": 6887042, "typical_volume": 8830630.95, "trend": 112.079667, "fair_value": 54.910577, "relative_strength": 25.537497, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.156092, "energy": 26.70489, "activity_lines": [ 110.168667, 116.196545, 122.72419, 119.681613 ] } ], "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." } } }