{ "ticker": { "uuid": "e576a903-3d62-40e8-9a05-daecd6445d84", "symbol": "ATEX", "name": "Anterix 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": "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": 66.963, "architecture_energy": 56.551, "architecture_maturity": 100.0, "architecture_confidence": 82.021, "architecture_tenure": "Extended", "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": 11.51, "rotation_up": 53.04, "upward_expansion": 83.1, "deceleration": 68.65, "rotation_down": 27.17, "downward_expansion": 9.76 }, "activity_lines": [ 96.802667, 95.083636, 82.23519, 71.381667 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 99.26, "trend_reference": 57.418167, "distance_from_trend": 0.728721, "trend_direction": "Improving", "fair_value": 35.926154, "distance_from_fair_value": 1.76289, "fair_value_direction": "Improving", "relative_strength": 113.756757, "relative_strength_direction": "Improving", "price_momentum": 2.496302, "excess_performance": 2.308848, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.728721, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.672025, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.76289, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.990598, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 1.137568, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.44156, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 2.496302, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.788538, "read": "Demand-led" } ], "volume": { "latest": 1367685, "relative_activity": 0.710608, "balance": 1.788538, "dry_up": 0.840373, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.143062, "annualized_volatility": 0.620483, "from_high_reference": -0.121593, "from_low_reference": 4.646189 }, "levels": { "trend_reference": 57.418167, "fair_value_reference": 35.926154, "structural_low": 27.0, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 18, "median_return": 0.00289, "positive_rate": 0.555556, "directional_follow_through": 0.555556, "median_excess_return": -0.009939, "regime_survival": 0.666667, "best_return": 0.400656, "worst_return": -0.148898, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.003113, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.03426, "regime_survival": 0.5, "best_return": 0.969708, "worst_return": -0.229264, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.057332, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.046673, "regime_survival": 0.5, "best_return": 2.496302, "worst_return": -0.063248, "sufficient": false }, { "horizon": "Full cycle", 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77.253132, "activity_lines": [ 89.307333, 78.890909, 64.902, 56.041763 ] }, { "date": "2026-07-10", "close": 100.96, "volume": 2201121, "typical_volume": 1919690.45, "trend": 47.486833, "fair_value": 34.218077, "relative_strength": 146.094846, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.655946, "energy": 75.543496, "activity_lines": [ 95.062, 84.362909, 69.282429, 59.659301 ] }, { "date": "2026-07-17", "close": 100.35, "volume": 1811603, "typical_volume": 1913321.95, "trend": 50.095167, "fair_value": 34.677692, "relative_strength": 146.548567, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.635588, "energy": 74.691497, "activity_lines": [ 98.325333, 88.79, 73.295048, 63.069828 ] }, { "date": "2026-07-24", "close": 94.0, "volume": 1732437, "typical_volume": 1914599.35, "trend": 52.495833, "fair_value": 35.099615, "relative_strength": 127.242432, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.527809, "energy": 66.768125, "activity_lines": [ 98.282, 91.254727, 76.40081, 65.902398 ] }, { "date": "2026-07-31", "close": 93.02, "volume": 1558029, "typical_volume": 1926239.45, "trend": 54.8555, "fair_value": 35.506474, "relative_strength": 117.044468, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.478967, "energy": 61.314703, "activity_lines": [ 96.614, 92.869636, 79.15419, 68.51686 ] }, { "date": "2026-08-07", "close": 99.26, "volume": 1367685, "typical_volume": 1924668.1, "trend": 57.418167, "fair_value": 35.926154, "relative_strength": 113.756757, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.963006, "energy": 56.550524, "activity_lines": [ 96.802667, 95.083636, 82.23519, 71.381667 ] } ], "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." } } }