{
  "ticker": {
    "uuid": "e70ac75e-0f63-4c06-8538-6ba6f9b3b253",
    "symbol": "STVN",
    "name": "Stevanato Group SpA",
    "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": 1,
    "stage_name": "Basing",
    "phase": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 82.584,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 69.621,
    "architecture_energy": 66.817,
    "architecture_maturity": 21.215,
    "architecture_confidence": 76.983,
    "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": 13.25,
        "rotation_up": 69.48,
        "upward_expansion": 92.42,
        "deceleration": 40.95,
        "rotation_down": 16.0,
        "downward_expansion": 14.42
      },
      "activity_lines": [
        19.848,
        19.310073,
        18.541651,
        17.744362
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 20.27,
    "trend_reference": 17.030918,
    "distance_from_trend": 0.190188,
    "trend_direction": "Weakening",
    "fair_value": 22.625218,
    "distance_from_fair_value": -0.104097,
    "fair_value_direction": "Improving",
    "relative_strength": -8.645272,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.312431,
    "excess_performance": 0.186806,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.190188,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.052883,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.104097,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.126516,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.086453,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.151071,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.312431,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.979802,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 2916865,
      "relative_activity": 1.325087,
      "balance": 1.979802,
      "dry_up": 0.823465,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.08021,
      "annualized_volatility": 0.325751,
      "from_high_reference": -0.273476,
      "from_low_reference": 0.578176
    },
    "levels": {
      "trend_reference": 17.030918,
      "fair_value_reference": 22.625218,
      "structural_low": 12.843943,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 17,
        "median_return": 0.033648,
        "positive_rate": 0.705882,
        "directional_follow_through": 0.705882,
        "median_excess_return": 0.013094,
        "regime_survival": 0.764706,
        "best_return": 0.167993,
        "worst_return": -0.168228,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": 0.002995,
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        "directional_follow_through": 0.5,
        "median_excess_return": -0.004661,
        "regime_survival": 0.5,
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        "worst_return": -0.196791,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
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        "worst_return": -0.163074,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
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        "worst_return": -0.128594,
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 2291130.85,
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        "fair_value": 22.851897,
        "relative_strength": -12.498242,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 61.160316,
        "energy": 58.095153,
        "activity_lines": [
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      },
      {
        "date": "2026-07-24",
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        "volume": 1408759,
        "typical_volume": 2181180.05,
        "trend": 17.076625,
        "fair_value": 22.78009,
        "relative_strength": -8.729979,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.12641,
        "energy": 67.434811,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 19.85,
        "volume": 1771023,
        "typical_volume": 2160948.15,
        "trend": 17.054743,
        "fair_value": 22.698577,
        "relative_strength": -8.083655,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.406959,
        "energy": 68.288736,
        "activity_lines": [
          19.577333,
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      },
      {
        "date": "2026-08-07",
        "close": 20.27,
        "volume": 2916865,
        "typical_volume": 2201262.8,
        "trend": 17.030918,
        "fair_value": 22.625218,
        "relative_strength": -8.645272,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.621461,
        "energy": 66.816562,
        "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."
    }
  }
}