{ "ticker": { "uuid": "c32cb882-aeac-4bd3-9bb4-ea281439af10", "symbol": "AVY", "name": "Avery Dennison 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": 4, "stage_name": "Declining", "phase": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 48.389, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": 8.483, "architecture_energy": 15.967, "architecture_maturity": 52.139, "architecture_confidence": 45.551, "architecture_tenure": "Established", "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": 47.64, "rotation_up": 38.07, "upward_expansion": 33.02, "deceleration": 39.96, "rotation_down": 23.9, "downward_expansion": 48.35 }, "activity_lines": [ 168.603333, 165.842, 163.589079, 165.61495 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 177.18, "trend_reference": 170.312842, "distance_from_trend": 0.040321, "trend_direction": "Weakening", "fair_value": 183.017377, "distance_from_fair_value": -0.031895, "fair_value_direction": "Improving", "relative_strength": -7.494205, "relative_strength_direction": "Improving", "price_momentum": -0.064216, "excess_performance": -0.189841, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.040321, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.024368, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.031895, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.081091, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.074942, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.092054, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.064216, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.386151, "read": "Demand-led" } ], "volume": { "latest": 4056742, "relative_activity": 1.168432, "balance": 1.386151, "dry_up": 1.250163, "accumulation_observations": 5, "distribution_observations": 0 }, "risk": { "range_context": 0.054116, "annualized_volatility": 0.241462, "from_high_reference": -0.101874, "from_low_reference": 0.16791 }, "levels": { "trend_reference": 170.312842, "fair_value_reference": 183.017377, 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19.863067, "activity_lines": [ 162.4, 161.132497, 161.839213, 165.963252 ] }, { "date": "2026-07-24", "close": 160.9, "volume": 3716195, "typical_volume": 3336769.15, "trend": 170.970352, "fair_value": 183.034111, "relative_strength": -12.582522, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.725873, "energy": 18.304566, "activity_lines": [ 161.864667, 161.316628, 161.569579, 165.271465 ] }, { "date": "2026-07-31", "close": 169.73, "volume": 6220224, "typical_volume": 3446911.25, "trend": 170.615637, "fair_value": 183.001684, "relative_strength": -8.527338, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.81431, "energy": 6.264547, "activity_lines": [ 164.124667, 163.002838, 162.224682, 165.191442 ] }, { "date": "2026-08-07", "close": 177.18, "volume": 4056742, "typical_volume": 3471952.7, "trend": 170.312842, "fair_value": 183.017377, "relative_strength": -7.494205, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 8.483436, "energy": 15.967228, "activity_lines": [ 168.603333, 165.842, 163.589079, 165.61495 ] } ], "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." } } }