{
  "ticker": {
    "uuid": "dbe631ab-79e3-4440-b957-4c65f19366fe",
    "symbol": "TEL",
    "name": "TE Connectivity Ltd",
    "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": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 77.032,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -17.696,
    "architecture_energy": 10.419,
    "architecture_maturity": 60.011,
    "architecture_confidence": 60.263,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 55.68,
        "rotation_up": 28.11,
        "upward_expansion": 18.56,
        "deceleration": 40.83,
        "rotation_down": 25.87,
        "downward_expansion": 54.9
      },
      "activity_lines": [
        208.014,
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        207.61271,
        209.269392
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.166667
    },
    "latest_close": 216.33,
    "trend_reference": 212.948386,
    "distance_from_trend": 0.01588,
    "trend_direction": "Weakening",
    "fair_value": 167.119855,
    "distance_from_fair_value": 0.29446,
    "fair_value_direction": "Improving",
    "relative_strength": -11.197489,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.008842,
    "excess_performance": -0.116783,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.01588,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.035448,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.29446,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.015257,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.111975,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.00827,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.008842,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.711752,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 11895936,
      "relative_activity": 0.943043,
      "balance": 0.711752,
      "dry_up": 1.128777,
      "accumulation_observations": 2,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.067756,
      "annualized_volatility": 0.385458,
      "from_high_reference": -0.140156,
      "from_low_reference": 0.136963
    },
    "levels": {
      "trend_reference": 212.948386,
      "fair_value_reference": 167.119855,
      "structural_low": 190.27,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 16,
        "median_return": 0.02632,
        "positive_rate": 0.6875,
        "directional_follow_through": 0.3125,
        "median_excess_return": -8.9e-05,
        "regime_survival": 0.6875,
        "best_return": 0.228934,
        "worst_return": -0.146613,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
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        "positive_rate": 0.571429,
        "directional_follow_through": 0.428571,
        "median_excess_return": 0.002554,
        "regime_survival": 0.428571,
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        "worst_return": -0.109363,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.117121,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.002122,
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        "worst_return": 0.021494,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
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        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
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        "worst_return": -0.005568,
        "sufficient": false
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    ],
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        "color": "green",
        "start": "2024-02-09",
        "end": "2024-08-30",
        "tenure": "Extended",
        "return": 0.079896,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "tenure": "Established",
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      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "tenure": "New",
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      },
      {
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      },
      {
        "regime": "upward_expansion",
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      {
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        "active": false
      },
      {
        "regime": "downward_expansion",
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        "tenure": "Developing",
        "return": 0.34418,
        "active": false
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      {
        "regime": "rotation_up",
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        "active": false
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        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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      },
      {
        "date": "2026-07-24",
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        "relative_strength": -13.273871,
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      },
      {
        "date": "2026-07-31",
        "close": 205.69,
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        "trend": 213.404613,
        "fair_value": 166.545803,
        "relative_strength": -12.794304,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.786601,
        "energy": 25.444888,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 216.33,
        "volume": 11895936,
        "typical_volume": 12614419.6,
        "trend": 212.948386,
        "fair_value": 167.119855,
        "relative_strength": -11.197489,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
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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."
    }
  }
}