{
  "ticker": {
    "uuid": "d0058b68-6ec0-459f-b4b2-2cf57d1ae887",
    "symbol": "CZNC",
    "name": "Citizens & Northern Corp",
    "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": "2a",
    "phase_label": "Stage 2A \u00b7 Early 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": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 77.658,
    "architecture_energy": 77.369,
    "architecture_maturity": 20.368,
    "architecture_confidence": 76.892,
    "architecture_tenure": "Developing",
    "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": 8.37,
        "rotation_up": 78.59,
        "upward_expansion": 92.12,
        "deceleration": 42.19,
        "rotation_down": 9.12,
        "downward_expansion": 16.45
      },
      "activity_lines": [
        24.551176,
        23.835347,
        22.972855,
        22.718355
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 25.36,
    "trend_reference": 22.450432,
    "distance_from_trend": 0.1296,
    "trend_direction": "Improving",
    "fair_value": 18.621627,
    "distance_from_fair_value": 0.361857,
    "fair_value_direction": "Improving",
    "relative_strength": 5.081104,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.093649,
    "excess_performance": -0.093805,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.1296,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.05414,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.361857,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.170311,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.050811,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.149052,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.093649,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.151379,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 278970,
      "relative_activity": 1.073212,
      "balance": 2.151379,
      "dry_up": 1.296948,
      "accumulation_observations": 5,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.054808,
      "annualized_volatility": 0.240555,
      "from_high_reference": -0.018576,
      "from_low_reference": 0.422573
    },
    "levels": {
      "trend_reference": 22.450432,
      "fair_value_reference": 18.621627,
      "structural_low": 20.195,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 25,
        "median_return": -0.020481,
        "positive_rate": 0.32,
        "directional_follow_through": 0.32,
        "median_excess_return": -0.006287,
        "regime_survival": 0.64,
        "best_return": 0.13971,
        "worst_return": -0.120534,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
        "median_return": 0.018468,
        "positive_rate": 0.636364,
        "directional_follow_through": 0.636364,
        "median_excess_return": 0.031496,
        "regime_survival": 0.545455,
        "best_return": 0.062215,
        "worst_return": -0.207308,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": -0.022729,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.428571,
        "median_excess_return": 0.019762,
        "regime_survival": 0.428571,
        "best_return": 0.109608,
        "worst_return": -0.252015,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
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        "median_return": -0.073446,
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        "best_return": 0.200778,
        "worst_return": -0.162709,
        "sufficient": false
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        "color": "amber",
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        "end": "2025-04-25",
        "tenure": "Developing",
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      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
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        "tenure": "New",
        "return": 0.010983,
        "active": false
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      {
        "regime": "balance",
        "label": "Balance",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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      {
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        "active": false
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      {
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      },
      {
        "date": "2026-04-24",
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        "date": "2026-05-08",
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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": "2026-07-17",
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        "typical_volume": 244332.9,
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      },
      {
        "date": "2026-07-24",
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        "volume": 351235,
        "typical_volume": 250441.05,
        "trend": 22.08251,
        "fair_value": 18.527096,
        "relative_strength": 5.976539,
        "stage": 2,
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        "modifier": "Re-accelerating",
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      },
      {
        "date": "2026-07-31",
        "close": 25.11208,
        "volume": 389422,
        "typical_volume": 259719.65,
        "trend": 22.270465,
        "fair_value": 18.573293,
        "relative_strength": 9.586856,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.907561,
        "energy": 71.059676,
        "activity_lines": [
          23.981262,
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          22.691083,
          22.519031
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      },
      {
        "date": "2026-08-07",
        "close": 25.36,
        "volume": 278970,
        "typical_volume": 259939.35,
        "trend": 22.450432,
        "fair_value": 18.621627,
        "relative_strength": 5.081104,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.657642,
        "energy": 77.369196,
        "activity_lines": [
          24.551176,
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      }
    ],
    "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."
    }
  }
}