{
  "ticker": {
    "uuid": "e1e3ee63-378c-4b8d-a64d-dd283dd6bbac",
    "symbol": "CASS",
    "name": "Cass Information Systems 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": "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": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 86.037,
    "architecture_energy": 90.566,
    "architecture_maturity": 33.641,
    "architecture_confidence": 82.624,
    "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": 0.0,
        "rotation_up": 84.54,
        "upward_expansion": 98.94,
        "deceleration": 39.4,
        "rotation_down": 10.1,
        "downward_expansion": 20.94
      },
      "activity_lines": [
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        49.526419
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 57.99,
    "trend_reference": 47.512585,
    "distance_from_trend": 0.220519,
    "trend_direction": "Improving",
    "fair_value": 41.48365,
    "distance_from_fair_value": 0.3979,
    "fair_value_direction": "Improving",
    "relative_strength": 14.274863,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.257387,
    "excess_performance": 0.069933,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.220519,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.084482,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.3979,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.221651,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.142749,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.210489,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.257387,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 4.288636,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 355635,
      "relative_activity": 0.895489,
      "balance": 4.288636,
      "dry_up": 0.974702,
      "accumulation_observations": 6,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.049243,
      "annualized_volatility": 0.18339,
      "from_high_reference": -0.015115,
      "from_low_reference": 0.641926
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    "levels": {
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      "fair_value_reference": 41.48365,
      "structural_low": 42.255422,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 19,
        "median_return": -0.008705,
        "positive_rate": 0.473684,
        "directional_follow_through": 0.473684,
        "median_excess_return": -0.01842,
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        "worst_return": -0.104879,
        "sufficient": true
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        "horizon": "Intermediate",
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        "worst_return": -0.240254,
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 391559.55,
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 391953.45,
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        "fair_value": 41.202461,
        "relative_strength": 13.641156,
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      },
      {
        "date": "2026-07-31",
        "close": 55.92,
        "volume": 421805,
        "typical_volume": 399224.35,
        "trend": 46.945283,
        "fair_value": 41.336627,
        "relative_strength": 16.131915,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.883097,
        "energy": 85.660374,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 57.99,
        "volume": 355635,
        "typical_volume": 397140.45,
        "trend": 47.512585,
        "fair_value": 41.48365,
        "relative_strength": 14.274863,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.03726,
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        "activity_lines": [
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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."
    }
  }
}