{ "ticker": { "uuid": "d739ac47-59ca-46c3-a160-fa64dacfda84", "symbol": "MANH", "name": "Manhattan Associates 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": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 74.896, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Emerging rotation", "architecture_gate": "up", "architecture_direction": 83.666, "architecture_energy": 83.506, "architecture_maturity": 26.0, "architecture_confidence": 71.555, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 22.78, "rotation_up": 81.54, "upward_expansion": 93.75, "deceleration": 41.87, "rotation_down": 8.5, "downward_expansion": 18.08 }, "activity_lines": [ 178.525333, 165.391818, 154.38019, 149.766817 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 195.23, "trend_reference": 147.440667, "distance_from_trend": 0.324126, "trend_direction": "Weakening", "fair_value": 206.334519, "distance_from_fair_value": -0.053818, "fair_value_direction": "Improving", "relative_strength": 1.773941, "relative_strength_direction": "Improving", "price_momentum": 0.345764, "excess_performance": 0.15831, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.324126, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.039779, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.053818, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.263035, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.017739, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.353615, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.345764, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.083742, "read": "Demand-led" } ], "volume": { "latest": 5236252, "relative_activity": 1.489073, "balance": 2.083742, "dry_up": 1.387084, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.097888, "annualized_volatility": 0.556306, "from_high_reference": -0.115486, "from_low_reference": 0.639761 }, "levels": { "trend_reference": 147.440667, "fair_value_reference": 206.334519, "structural_low": 119.06, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 5, "median_return": -0.006843, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": 0.003407, "regime_survival": 0.2, "best_return": 0.052399, "worst_return": -0.031202, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.018508, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.016598, "regime_survival": 0.0, "best_return": 0.127562, "worst_return": -0.173012, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.123682, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.130234, "regime_survival": 0.25, "best_return": 0.338718, "worst_return": -0.30475, "sufficient": false }, { "horizon": "Full cycle", 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"2026-07-03", "close": 151.04, "volume": 2785502, "typical_volume": 3217335.05, "trend": 147.857333, "fair_value": 206.995994, "relative_strength": -23.61433, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.15133, "energy": 3.564868, "activity_lines": [ 142.461333, 142.191091, 139.918381, 141.916323 ] }, { "date": "2026-07-10", "close": 154.9, "volume": 3543816, "typical_volume": 3242748.9, "trend": 147.229667, "fair_value": 206.701314, "relative_strength": -22.292782, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.862159, "energy": 8.366842, "activity_lines": [ 146.646, 144.629455, 141.41819, 142.370688 ] }, { "date": "2026-07-17", "close": 163.19, "volume": 3460623, "typical_volume": 3228922.45, "trend": 146.807667, "fair_value": 206.504006, "relative_strength": -13.81689, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 40.365811, "energy": 47.525601, "activity_lines": [ 153.11, 148.306545, 143.656905, 143.400387 ] }, { "date": "2026-07-24", "close": 151.67, "volume": 3488892, "typical_volume": 3216618.6, "trend": 145.985, "fair_value": 206.28125, "relative_strength": -17.646322, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.943191, "energy": 46.769867, "activity_lines": [ 154.382667, 149.522364, 144.666286, 143.714086 ] }, { "date": "2026-07-31", "close": 191.36, "volume": 7324686, "typical_volume": 3400844.85, "trend": 146.787667, "fair_value": 206.310288, "relative_strength": 4.161553, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 55.931059, "energy": 67.086134, "activity_lines": [ 167.592667, 157.584545, 149.459381, 146.641505 ] }, { "date": "2026-08-07", "close": 195.23, "volume": 5236252, "typical_volume": 3516450.05, "trend": 147.440667, "fair_value": 206.334519, "relative_strength": 1.773941, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 83.666389, "energy": 83.505646, "activity_lines": [ 178.525333, 165.391818, 154.38019, 149.766817 ] } ], "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." } } }