{
  "ticker": {
    "uuid": "e0bb6dc2-9c6a-49e0-ad0c-3d054544869d",
    "symbol": "BBIO",
    "name": "BridgeBio Pharma 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": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early 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": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 69.575,
    "architecture_energy": 72.813,
    "architecture_maturity": 16.94,
    "architecture_confidence": 84.075,
    "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": 24.51,
        "rotation_up": 74.77,
        "upward_expansion": 91.86,
        "deceleration": 42.48,
        "rotation_down": 10.08,
        "downward_expansion": 16.2
      },
      "activity_lines": [
        82.898,
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        73.866258
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 84.48,
    "trend_reference": 72.717667,
    "distance_from_trend": 0.161753,
    "trend_direction": "Improving",
    "fair_value": 43.656282,
    "distance_from_fair_value": 0.935117,
    "fair_value_direction": "Improving",
    "relative_strength": 8.690903,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.24144,
    "excess_performance": 0.053986,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.161753,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.018338,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.935117,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.216344,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.086909,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.145028,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.24144,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.939237,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 8864451,
      "relative_activity": 0.618896,
      "balance": 1.939237,
      "dry_up": 0.72644,
      "accumulation_observations": 3,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.079273,
      "annualized_volatility": 0.376814,
      "from_high_reference": -0.095648,
      "from_low_reference": 0.825213
    },
    "levels": {
      "trend_reference": 72.717667,
      "fair_value_reference": 43.656282,
      "structural_low": 62.5,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 26,
        "median_return": 0.032475,
        "positive_rate": 0.615385,
        "directional_follow_through": 0.615385,
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        "worst_return": -0.119094,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "sufficient": true
      },
      {
        "horizon": "Extended",
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        "sufficient": true
      },
      {
        "horizon": "Full cycle",
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        "worst_return": -0.150418,
        "sufficient": false
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    ],
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      },
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        "regime": "deceleration",
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      {
        "regime": "rotation_down",
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        "regime": "downward_expansion",
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      },
      {
        "regime": "balance",
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      {
        "regime": "upward_expansion",
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        "date": "2026-05-01",
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      },
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        "date": "2026-05-08",
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        "modifier": "Upper balance after advance",
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      },
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        "date": "2026-05-15",
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      },
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        "date": "2026-05-22",
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      },
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        "date": "2026-05-29",
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        "modifier": "Upper balance after advance",
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      },
      {
        "date": "2026-06-05",
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      },
      {
        "date": "2026-06-12",
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        "date": "2026-06-19",
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      },
      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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        "volume": 12865517,
        "typical_volume": 13818604.05,
        "trend": 71.6135,
        "fair_value": 41.946218,
        "relative_strength": 4.019474,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
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      },
      {
        "date": "2026-07-10",
        "close": 85.89,
        "volume": 34602333,
        "typical_volume": 14831417.25,
        "trend": 71.9715,
        "fair_value": 42.38,
        "relative_strength": 12.969785,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 48.60473,
        "energy": 48.314999,
        "activity_lines": [
          76.551333,
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      },
      {
        "date": "2026-07-17",
        "close": 81.38,
        "volume": 13044838,
        "typical_volume": 14645673.95,
        "trend": 72.140833,
        "fair_value": 42.682885,
        "relative_strength": 10.993919,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 37.575724,
        "energy": 57.418755,
        "activity_lines": [
          79.252,
          74.567636,
          72.316381,
          71.83028
        ]
      },
      {
        "date": "2026-07-24",
        "close": 84.02,
        "volume": 8293098,
        "typical_volume": 14454548.45,
        "trend": 72.414833,
        "fair_value": 43.000833,
        "relative_strength": 15.594655,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 70.348034,
        "energy": 77.071255,
        "activity_lines": [
          81.860667,
          76.809636,
          73.539143,
          72.596677
        ]
      },
      {
        "date": "2026-07-31",
        "close": 80.09,
        "volume": 11416825,
        "typical_volume": 14299990.6,
        "trend": 72.476667,
        "fair_value": 43.31391,
        "relative_strength": 8.982395,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.93088,
        "energy": 76.124078,
        "activity_lines": [
          81.976,
          78.011818,
          74.298762,
          73.091849
        ]
      },
      {
        "date": "2026-08-07",
        "close": 84.48,
        "volume": 8864451,
        "typical_volume": 14323003.5,
        "trend": 72.717667,
        "fair_value": 43.656282,
        "relative_strength": 8.690903,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.57487,
        "energy": 72.812678,
        "activity_lines": [
          82.898,
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          75.425619,
          73.866258
        ]
      }
    ],
    "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."
    }
  }
}