{
  "ticker": {
    "uuid": "cd4cb881-0e00-46b3-b858-92da1467c445",
    "symbol": "ADUS",
    "name": "Addus HomeCare 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": 1,
    "stage_name": "Basing",
    "phase": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 59.988,
    "architecture_regime": "rotation_up",
    "architecture_regime_label": "Rotation Up",
    "architecture_modifier": "Value reclamation",
    "architecture_gate": "up",
    "architecture_direction": 79.556,
    "architecture_energy": 86.87,
    "architecture_maturity": 21.82,
    "architecture_confidence": 67.83,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating upward.",
        "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair."
      },
      "scores": {
        "balance": 16.33,
        "rotation_up": 85.04,
        "upward_expansion": 97.82,
        "deceleration": 39.06,
        "rotation_down": 8.24,
        "downward_expansion": 19.82
      },
      "activity_lines": [
        116.081333,
        110.516727,
        103.827571,
        102.278527
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 119.68,
    "trend_reference": 102.0505,
    "distance_from_trend": 0.172753,
    "trend_direction": "Weakening",
    "fair_value": 107.227468,
    "distance_from_fair_value": 0.116132,
    "fair_value_direction": "Improving",
    "relative_strength": -2.771842,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.130336,
    "excess_performance": -0.057117,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.172753,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.02171,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.116132,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.179501,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.027718,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.218068,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.130336,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 5.365022,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1305371,
      "relative_activity": 1.07913,
      "balance": 5.365022,
      "dry_up": 0.983482,
      "accumulation_observations": 5,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.062832,
      "annualized_volatility": 0.299294,
      "from_high_reference": -0.038213,
      "from_low_reference": 0.360773
    },
    "levels": {
      "trend_reference": 102.0505,
      "fair_value_reference": 107.227468,
      "structural_low": 87.95,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 7,
        "median_return": -0.006814,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.428571,
        "median_excess_return": 0.016222,
        "regime_survival": 0.428571,
        "best_return": 0.104275,
        "worst_return": -0.170048,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.031203,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.049701,
        "regime_survival": 0.0,
        "best_return": 0.103148,
        "worst_return": -0.252181,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.043085,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.009121,
        "regime_survival": 0.0,
        "best_return": 0.255175,
        "worst_return": -0.213075,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.070764,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.02975,
        "regime_survival": 0.0,
        "best_return": 0.347564,
        "worst_return": -0.157835,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-03-08",
        "end": "2024-04-26",
        "tenure": "Developing",
        "return": -0.075403,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-05-03",
        "end": "2024-05-10",
        "tenure": "New",
        "return": 0.112627,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-17",
        "end": "2024-10-25",
        "tenure": "Established",
        "return": 0.156335,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-11-01",
        "end": "2025-01-03",
        "tenure": "Developing",
        "return": -0.013305,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-10",
        "end": "2025-02-14",
        "tenure": "Developing",
        "return": -0.096697,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-02-21",
        "end": "2025-05-23",
        "tenure": "Established",
        "return": 0.026824,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-30",
        "end": "2025-06-20",
        "tenure": "New",
        "return": 0.025967,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-27",
        "end": "2025-07-25",
        "tenure": "Developing",
        "return": -0.049427,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-01",
        "end": "2025-08-22",
        "tenure": "New",
        "return": 0.128144,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-29",
        "end": "2025-12-12",
        "tenure": "Established",
        "return": -0.005036,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-12-19",
        "end": "2026-01-02",
        "tenure": "New",
        "return": -0.055309,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-01-09",
        "end": "2026-01-23",
        "tenure": "New",
        "return": 0.005924,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-30",
        "end": "2026-07-10",
        "tenure": "Established",
        "return": 0.045709,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-07-17",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.045058,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 91.12,
        "volume": 513511,
        "typical_volume": 705847.9,
        "trend": 96.889333,
        "fair_value": 95.314103,
        "relative_strength": -21.246385,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -20.114556,
        "energy": 12.923257,
        "activity_lines": [
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      },
      {
        "date": "2023-08-25",
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      },
      {
        "date": "2023-09-01",
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      },
      {
        "date": "2023-09-08",
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        "activity_lines": [
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      },
      {
        "date": "2023-09-15",
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        "activity_lines": [
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      },
      {
        "date": "2023-09-22",
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      },
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      },
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      },
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      },
      {
        "date": "2023-10-20",
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      },
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      },
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        "date": "2023-11-03",
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        "date": "2023-12-08",
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      },
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        "date": "2023-12-15",
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        "modifier": "Emerging rotation",
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        "activity_lines": [
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      },
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        "date": "2024-01-05",
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        "relative_strength": -18.654105,
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        "date": "2024-01-12",
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        "date": "2026-05-01",
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        "date": "2026-05-15",
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      },
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        "date": "2026-05-22",
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        "date": "2026-06-05",
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 1235016.0,
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        "fair_value": 106.626058,
        "relative_strength": -13.393572,
        "stage": 1,
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        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 34.069287,
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        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
        "close": 114.52,
        "volume": 1132662,
        "typical_volume": 1197440.05,
        "trend": 101.2755,
        "fair_value": 106.773365,
        "relative_strength": -4.079092,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 45.371599,
        "energy": 62.245194,
        "activity_lines": [
          107.272,
          101.647273,
          98.579429,
          99.356323
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      },
      {
        "date": "2026-07-24",
        "close": 114.55,
        "volume": 1238873,
        "typical_volume": 1205981.3,
        "trend": 101.421833,
        "fair_value": 106.926955,
        "relative_strength": -2.207102,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 40.578823,
        "energy": 69.345663,
        "activity_lines": [
          110.85,
          104.660545,
          100.194857,
          100.212742
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      },
      {
        "date": "2026-07-31",
        "close": 115.48,
        "volume": 1081774,
        "typical_volume": 1202122.9,
        "trend": 101.7185,
        "fair_value": 107.065801,
        "relative_strength": -1.705197,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 46.415217,
        "energy": 73.830162,
        "activity_lines": [
          113.383333,
          107.414364,
          101.844857,
          101.11972
        ]
      },
      {
        "date": "2026-08-07",
        "close": 119.68,
        "volume": 1305371,
        "typical_volume": 1209651.05,
        "trend": 102.0505,
        "fair_value": 107.227468,
        "relative_strength": -2.771842,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 79.55639,
        "energy": 86.86984,
        "activity_lines": [
          116.081333,
          110.516727,
          103.827571,
          102.278527
        ]
      }
    ],
    "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."
    }
  }
}