{ "ticker": { "uuid": "cd1a0827-beab-4fdb-ab43-e13399949109", "symbol": "BKHA", "name": "Black Hawk Acquisition Corporation", "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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 59.417, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 27.594, "architecture_energy": 13.933, "architecture_maturity": 85.256, "architecture_confidence": 74.171, "architecture_tenure": "Extended", "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": 43.42, "rotation_up": 33.11, "upward_expansion": 62.14, "deceleration": 84.5, "rotation_down": 28.07, "downward_expansion": 16.81 }, "activity_lines": [ 11.9, 11.934545, 11.903952, 11.835057 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 11.78, "trend_reference": 11.745673, "distance_from_trend": 0.002922, "trend_direction": "Improving", "fair_value": 10.895879, "distance_from_fair_value": 0.081143, "fair_value_direction": "Weakening", "relative_strength": -10.542458, "relative_strength_direction": "Improving", "price_momentum": 0.015517, "excess_performance": -0.171936, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.002922, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.0208, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.081143, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.020342, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.105425, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.016167, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.015517, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.408824, "read": "Demand-led" } ], "volume": { "latest": 2080, "relative_activity": 0.41836, "balance": 1.408824, "dry_up": 1.203739, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.028014, "annualized_volatility": 0.074864, "from_high_reference": -0.100763, "from_low_reference": 0.077768 }, "levels": { "trend_reference": 11.745673, "fair_value_reference": 10.895879, "structural_low": 11.46, 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[ 12.005333, 11.968182, 11.883381, 11.800306 ] }, { "date": "2026-07-24", "close": 12.1, "volume": 1250, "typical_volume": 4425.7, "trend": 11.710673, "fair_value": 10.880503, "relative_strength": -3.477303, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.014293, "energy": 36.059468, "activity_lines": [ 12.036667, 11.998, 11.912905, 11.827251 ] }, { "date": "2026-07-31", "close": 11.78, "volume": 11931, "typical_volume": 4913.2, "trend": 11.72834, "fair_value": 10.888258, "relative_strength": -6.266995, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.258327, "energy": 20.262383, "activity_lines": [ 11.964, 11.965636, 11.908905, 11.831724 ] }, { "date": "2026-08-07", "close": 11.78, "volume": 2080, "typical_volume": 4971.8, "trend": 11.745673, "fair_value": 10.895879, "relative_strength": -10.542458, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.594323, "energy": 13.932767, "activity_lines": [ 11.9, 11.934545, 11.903952, 11.835057 ] } ], "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." } } }