{
  "ticker": {
    "uuid": "dd72d541-d9f8-4cb9-a047-aeb68706add0",
    "symbol": "CXW",
    "name": "CoreCivic 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": "2c",
    "phase_label": "Stage 2C \u00b7 Late 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": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 74.025,
    "architecture_energy": 65.142,
    "architecture_maturity": 94.851,
    "architecture_confidence": 86.481,
    "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": 8.57,
        "rotation_up": 57.49,
        "upward_expansion": 85.33,
        "deceleration": 68.66,
        "rotation_down": 26.33,
        "downward_expansion": 12.0
      },
      "activity_lines": [
        31.212667,
        30.742364,
        27.629095,
        25.453333
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.666667
    },
    "latest_close": 32.27,
    "trend_reference": 22.951,
    "distance_from_trend": 0.406039,
    "trend_direction": "Improving",
    "fair_value": 18.069295,
    "distance_from_fair_value": 0.785903,
    "fair_value_direction": "Improving",
    "relative_strength": 35.448097,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.723825,
    "excess_performance": 0.5982,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.406039,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.195842,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.785903,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.556294,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.354481,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.442367,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.723825,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 4.931935,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 7932431,
      "relative_activity": 1.388402,
      "balance": 4.931935,
      "dry_up": 0.964885,
      "accumulation_observations": 6,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.0809,
      "annualized_volatility": 0.375706,
      "from_high_reference": -0.050882,
      "from_low_reference": 1.050842
    },
    "levels": {
      "trend_reference": 22.951,
      "fair_value_reference": 18.069295,
      "structural_low": 15.735,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 25,
        "median_return": 0.011704,
        "positive_rate": 0.64,
        "directional_follow_through": 0.64,
        "median_excess_return": -0.024769,
        "regime_survival": 0.64,
        "best_return": 0.306654,
        "worst_return": -0.206691,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
        "median_return": -0.143294,
        "positive_rate": 0.363636,
        "directional_follow_through": 0.363636,
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        "best_return": 0.498778,
        "worst_return": -0.204152,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": -0.121722,
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        "directional_follow_through": 0.285714,
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        "sufficient": true
      },
      {
        "horizon": "Full cycle",
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        "regime_survival": 0.5,
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        "worst_return": -0.098922,
        "sufficient": false
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        "active": false
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        "regime": "downward_expansion",
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      },
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        "regime": "deceleration",
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      },
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 5860909.4,
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        "relative_strength": 39.206452,
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          31.19,
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      },
      {
        "date": "2026-07-31",
        "close": 29.9,
        "volume": 4412530,
        "typical_volume": 5846969.55,
        "trend": 22.552,
        "fair_value": 17.929679,
        "relative_strength": 30.657604,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
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        "direction": 65.608412,
        "energy": 64.732208,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 32.27,
        "volume": 7932431,
        "typical_volume": 5713353.65,
        "trend": 22.951,
        "fair_value": 18.069295,
        "relative_strength": 35.448097,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.024531,
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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."
    }
  }
}