{ "ticker": { "uuid": "d308e514-22ff-4bed-bdc5-6734a226bcdc", "symbol": "NKSH", "name": "National Bankshares Inc", "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": 83.736, "architecture_energy": 76.897, "architecture_maturity": 14.755, "architecture_confidence": 78.359, "architecture_tenure": "New", "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": 19.65, "rotation_up": 78.78, "upward_expansion": 91.42, "deceleration": 42.01, "rotation_down": 9.16, "downward_expansion": 15.76 }, "activity_lines": [ 39.464667, 38.145818, 36.99392, 36.655244 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 42.11, "trend_reference": 36.319212, "distance_from_trend": 0.159441, "trend_direction": "Improving", "fair_value": 28.514999, "distance_from_fair_value": 0.476767, "fair_value_direction": "Improving", "relative_strength": 10.431961, "relative_strength_direction": "Improving", "price_momentum": 0.104488, "excess_performance": -0.082966, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.159441, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.061592, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.476767, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.146005, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.10432, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.109881, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.104488, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.969959, "read": "Demand-led" } ], "volume": { "latest": 243560, "relative_activity": 1.161793, "balance": 1.969959, "dry_up": 0.893243, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.058854, "annualized_volatility": 0.262668, "from_high_reference": -0.008943, "from_low_reference": 0.635643 }, "levels": { "trend_reference": 36.319212, "fair_value_reference": 28.514999, "structural_low": 33.215, 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"close": 36.64, "volume": 135807, "typical_volume": 201683.7, "trend": 35.744632, "fair_value": 28.305886, "relative_strength": 2.363984, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 47.372047, "energy": 25.03905, "activity_lines": [ 36.538667, 36.296663, 35.957949, 35.949132 ] }, { "date": "2026-07-31", "close": 40.6, "volume": 176894, "typical_volume": 205843.4, "trend": 36.020626, "fair_value": 28.402682, "relative_strength": 12.305023, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 78.237151, "energy": 57.585665, "activity_lines": [ 37.848, 37.136364, 36.414232, 36.262381 ] }, { "date": "2026-08-07", "close": 42.11, "volume": 243560, "typical_volume": 209641.5, "trend": 36.319212, "fair_value": 28.514999, "relative_strength": 10.431961, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.735686, "energy": 76.897318, "activity_lines": [ 39.464667, 38.145818, 36.99392, 36.655244 ] } ], "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." } } }