{ "ticker": { "uuid": "d4d96f73-d1a8-45ca-888c-710dd3765e65", "symbol": "BIO-B", "name": "Bio-Rad Laboratories 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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 91.37, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 94.716, "architecture_energy": 96.725, "architecture_maturity": 17.021, "architecture_confidence": 73.442, "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": 26.43, "rotation_up": 83.75, "upward_expansion": 95.31, "deceleration": 44.67, "rotation_down": 8.54, "downward_expansion": 21.98 }, "activity_lines": [ 317.857733, 310.532473, 300.724552, 294.346239 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 337.0, "trend_reference": 289.8279, "distance_from_trend": 0.162759, "trend_direction": "Weakening", "fair_value": 301.063856, "distance_from_fair_value": 0.119364, "fair_value_direction": "Improving", "relative_strength": 3.573082, "relative_strength_direction": "Improving", "price_momentum": 0.142179, "excess_performance": 0.016554, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.162759, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.004163, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.119364, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.288168, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.035731, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.216658, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.142179, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.180407, "read": "Demand-led" } ], "volume": { "latest": 117, "relative_activity": 0.250321, "balance": 5.180407, "dry_up": 0.199508, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.026971, "annualized_volatility": 0.40837, "from_high_reference": 0.0, "from_low_reference": 0.378098 }, "levels": { "trend_reference": 289.8279, "fair_value_reference": 301.063856, "structural_low": 244.54, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 17, "median_return": 0.0, "positive_rate": 0.352941, "directional_follow_through": 0.352941, "median_excess_return": -0.022857, "regime_survival": 0.647059, "best_return": 0.129656, "worst_return": -0.212212, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.080016, "positive_rate": 0.285714, "directional_follow_through": 0.285714, "median_excess_return": -0.067082, "regime_survival": 0.285714, "best_return": 0.093077, "worst_return": -0.343481, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.104852, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.118402, "regime_survival": 0.0, "best_return": 0.005613, "worst_return": -0.234949, "sufficient": false }, { "horizon": 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"date": "2026-06-12", "close": 304.15, "volume": 135, "typical_volume": 486.2, "trend": 290.656167, "fair_value": 304.742369, "relative_strength": -2.158648, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.624034, "energy": 56.640679, "activity_lines": [ 296.370667, 288.260182, 282.53169, 285.047323 ] }, { "date": "2026-06-19", "close": 304.15, "volume": 21, "typical_volume": 486.25, "trend": 290.437833, "fair_value": 304.313203, "relative_strength": -2.978933, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.307315, "energy": 63.210303, "activity_lines": [ 301.702, 291.756182, 284.781048, 285.917892 ] }, { "date": "2026-06-26", "close": 296.49, "volume": 1031, "typical_volume": 440.6, "trend": 289.964167, "fair_value": 303.834933, "relative_strength": -3.09969, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.21383, "energy": 64.842401, "activity_lines": [ 301.596667, 293.365818, 286.341833, 286.308355 ] }, { "date": "2026-07-03", "close": 296.49, "volume": 63, "typical_volume": 440.3, "trend": 289.4905, "fair_value": 303.356664, "relative_strength": -5.126938, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.680445, "energy": 57.49317, "activity_lines": [ 299.554, 294.621091, 287.895762, 286.729376 ] }, { "date": "2026-07-10", "close": 298.5, "volume": 869, "typical_volume": 480.3, "trend": 289.083833, "fair_value": 302.891279, "relative_strength": -5.673243, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.062433, "energy": 32.127625, "activity_lines": [ 298.692, 296.295636, 289.45331, 287.310634 ] }, { "date": "2026-07-17", "close": 309.374, "volume": 133, "typical_volume": 481.35, "trend": 289.039633, "fair_value": 302.390151, "relative_strength": -0.707879, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.173164, "energy": 36.356331, "activity_lines": [ 301.831333, 299.964545, 291.871857, 288.619677 ] }, { "date": "2026-07-24", "close": 309.374, "volume": 41, "typical_volume": 480.65, "trend": 288.995433, "fair_value": 301.889023, "relative_strength": -0.243836, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 70.997458, "energy": 58.001232, "activity_lines": [ 304.6224, 302.654655, 294.0976, 289.931572 ] }, { "date": "2026-07-31", "close": 309.374, "volume": 82, "typical_volume": 462.25, "trend": 288.951233, "fair_value": 301.387895, "relative_strength": -1.381432, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.979968, "energy": 68.593181, "activity_lines": [ 307.0652, 304.463418, 296.192752, 291.246318 ] }, { "date": "2026-08-07", "close": 337.0, "volume": 117, "typical_volume": 467.4, "trend": 289.8279, "fair_value": 301.063856, "relative_strength": 3.573082, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.715751, "energy": 96.72538, "activity_lines": [ 317.857733, 310.532473, 300.724552, 294.346239 ] } ], "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." } } }