{
  "ticker": {
    "uuid": "d3d5456d-d932-4112-bdd4-c50043e945d4",
    "symbol": "INBK",
    "name": "First Internet Bancorp",
    "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": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "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": 71.763,
    "architecture_energy": 56.172,
    "architecture_maturity": 50.919,
    "architecture_confidence": 88.735,
    "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": 13.63,
        "rotation_up": 59.89,
        "upward_expansion": 79.39,
        "deceleration": 59.1,
        "rotation_down": 18.92,
        "downward_expansion": 8.39
      },
      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Stable",
      "rotation_direction": "Stable",
      "price_acceptance": 0.5
    },
    "latest_close": 29.21,
    "trend_reference": 23.623337,
    "distance_from_trend": 0.236489,
    "trend_direction": "Improving",
    "fair_value": 26.302205,
    "distance_from_fair_value": 0.110553,
    "fair_value_direction": "Improving",
    "relative_strength": 13.264936,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.331636,
    "excess_performance": 0.144183,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.236489,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.111823,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.110553,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.120102,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.132649,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.192528,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.331636,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.865121,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 200739,
      "relative_activity": 0.830608,
      "balance": 1.865121,
      "dry_up": 0.993404,
      "accumulation_observations": 3,
      "distribution_observations": 1
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    "risk": {
      "range_context": 0.073125,
      "annualized_volatility": 0.352306,
      "from_high_reference": -0.06047,
      "from_low_reference": 0.72318
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    "levels": {
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      "fair_value_reference": 26.302205,
      "structural_low": 18.889388,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
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        "median_return": 0.038408,
        "positive_rate": 0.611111,
        "directional_follow_through": 0.611111,
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        "worst_return": -0.151436,
        "sufficient": true
      },
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        "horizon": "Intermediate",
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        "sufficient": true
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        "horizon": "Full cycle",
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      {
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-17",
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        "fair_value": 26.183848,
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        "stage": 2,
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          24.002714
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      },
      {
        "date": "2026-07-24",
        "close": 26.45,
        "volume": 238983,
        "typical_volume": 246412.95,
        "trend": 23.065223,
        "fair_value": 26.209369,
        "relative_strength": 8.77111,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
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        "direction": 58.661664,
        "energy": 46.345166,
        "activity_lines": [
          26.782756,
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          24.234202
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      },
      {
        "date": "2026-07-31",
        "close": 29.46,
        "volume": 357724,
        "typical_volume": 249705.2,
        "trend": 23.368222,
        "fair_value": 26.256744,
        "relative_strength": 20.20994,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.57583,
        "energy": 54.252539,
        "activity_lines": [
          27.612,
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          25.813683,
          24.646769
        ]
      },
      {
        "date": "2026-08-07",
        "close": 29.21,
        "volume": 200739,
        "typical_volume": 241677.1,
        "trend": 23.623337,
        "fair_value": 26.302205,
        "relative_strength": 13.264936,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.762695,
        "energy": 56.171923,
        "activity_lines": [
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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."
    }
  }
}