{ "ticker": { "uuid": "dde769e7-6501-4809-8099-0e9ba18c0c14", "symbol": "MD", "name": "Mednax 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": "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": "Early expansion", "architecture_gate": "up", "architecture_direction": 70.149, "architecture_energy": 53.525, "architecture_maturity": 34.842, "architecture_confidence": 84.808, "architecture_tenure": "Developing", "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": 6.75, "rotation_up": 67.98, "upward_expansion": 85.55, "deceleration": 54.11, "rotation_down": 17.96, "downward_expansion": 7.55 }, "activity_lines": [ 26.583333, 26.082909, 24.757524, 23.768237 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 27.08, "trend_reference": 22.662333, "distance_from_trend": 0.194934, "trend_direction": "Improving", "fair_value": 14.751987, "distance_from_fair_value": 0.835685, "fair_value_direction": "Improving", "relative_strength": 14.093981, "relative_strength_direction": "Improving", "price_momentum": 0.296314, "excess_performance": 0.170689, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.194934, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.046018, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.835685, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.140229, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.14094, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.003028, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.296314, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.35503, "read": "Demand-led" } ], "volume": { "latest": 5730062, "relative_activity": 1.478543, "balance": 1.35503, "dry_up": 1.082497, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.075115, "annualized_volatility": 0.321726, "from_high_reference": -0.03078, "from_low_reference": 0.927402 }, "levels": { "trend_reference": 22.662333, "fair_value_reference": 14.751987, "structural_low": 17.23, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 15, "median_return": -0.0413, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.049487, "regime_survival": 0.666667, "best_return": 0.419564, "worst_return": -0.134887, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.020408, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": 0.040546, "regime_survival": 0.571429, "best_return": 0.295841, "worst_return": -0.214242, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.194154, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.100039, "regime_survival": 0.5, "best_return": 0.255261, "worst_return": -0.288497, "sufficient": false }, { "horizon": 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22.395957 ] }, { "date": "2026-07-10", "close": 26.27, "volume": 3673917, "typical_volume": 4041507.65, "trend": 22.043333, "fair_value": 14.438654, "relative_strength": 17.700266, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.025661, "energy": 78.50092, "activity_lines": [ 25.596667, 24.427818, 23.380048, 22.676753 ] }, { "date": "2026-07-17", "close": 26.13, "volume": 5106445, "typical_volume": 4010386.5, "trend": 22.184, "fair_value": 14.515577, "relative_strength": 17.767824, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.243648, "energy": 75.861545, "activity_lines": [ 25.932, 24.869091, 23.735857, 22.940409 ] }, { "date": "2026-07-24", "close": 26.26, "volume": 2827941, "typical_volume": 3943339.7, "trend": 22.330333, "fair_value": 14.596859, "relative_strength": 17.86827, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.743091, "energy": 72.559783, "activity_lines": [ 26.188667, 25.286364, 24.074143, 23.203376 ] }, { "date": "2026-07-31", "close": 26.51, "volume": 3116338, "typical_volume": 3891306.9, "trend": 22.504333, "fair_value": 14.673013, "relative_strength": 16.510796, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.921535, "energy": 59.185911, "activity_lines": [ 26.352, 25.680545, 24.405238, 23.473032 ] }, { "date": "2026-08-07", "close": 27.08, "volume": 5730062, "typical_volume": 3875480.05, "trend": 22.662333, "fair_value": 14.751987, "relative_strength": 14.093981, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.149057, "energy": 53.52496, "activity_lines": [ 26.583333, 26.082909, 24.757524, 23.768237 ] } ], "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." } } }