{ "ticker": { "uuid": "cf729a57-f60f-4c54-90b7-ac072dba8b73", "symbol": "CBL", "name": "CBL & Associates Properties Inc", "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": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 67.281, "architecture_energy": 73.913, "architecture_maturity": 66.0, "architecture_confidence": 86.089, "architecture_tenure": "Established", "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": 6.1, "rotation_up": 74.0, "upward_expansion": 91.44, "deceleration": 48.19, "rotation_down": 13.73, "downward_expansion": 15.78 }, "activity_lines": [ 56.880667, 54.942882, 51.521312, 48.320776 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 56.55, "trend_reference": 44.120659, "distance_from_trend": 0.281713, "trend_direction": "Improving", "fair_value": 27.473386, "distance_from_fair_value": 1.058356, "fair_value_direction": "Improving", "relative_strength": 31.382694, "relative_strength_direction": "Improving", "price_momentum": 0.597131, "excess_performance": 0.471507, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.281713, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.167085, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.058356, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.16324, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.313827, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.002127, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.597131, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.665335, "read": "Demand-led" } ], "volume": { "latest": 1384652, "relative_activity": 1.106076, "balance": 1.665335, "dry_up": 1.150268, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.064026, "annualized_volatility": 0.298086, "from_high_reference": -0.06374, "from_low_reference": 1.115832 }, "levels": { "trend_reference": 44.120659, "fair_value_reference": 27.473386, "structural_low": 33.677204, 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41.972628, "fair_value": 26.707064, "relative_strength": 38.634604, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.166825, "energy": 81.972302, "activity_lines": [ 53.198667, 51.365101, 48.272948, 45.437201 ] }, { "date": "2026-07-24", "close": 57.57, "volume": 1576753, "typical_volume": 1202318.95, "trend": 42.700696, "fair_value": 26.963697, "relative_strength": 43.361123, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.351919, "energy": 82.997382, "activity_lines": [ 54.982, 52.763537, 49.456419, 46.443483 ] }, { "date": "2026-07-31", "close": 58.71, "volume": 1590867, "typical_volume": 1245517.25, "trend": 43.461256, "fair_value": 27.224999, "relative_strength": 42.708066, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.934273, "energy": 83.654644, "activity_lines": [ 56.467333, 54.15927, 50.646072, 47.476341 ] }, { "date": "2026-08-07", "close": 56.55, "volume": 1384652, "typical_volume": 1251860.0, "trend": 44.120659, "fair_value": 27.473386, "relative_strength": 31.382694, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.280757, "energy": 73.912627, "activity_lines": [ 56.880667, 54.942882, 51.521312, 48.320776 ] } ], "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." } } }