{ "ticker": { "uuid": "e819594c-c2ec-407c-b30a-b300a02a9210", "symbol": "GKOS", "name": "Glaukos Corp", "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": "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": 84.381, "architecture_energy": 82.826, "architecture_maturity": 50.0, "architecture_confidence": 81.267, "architecture_tenure": "Established", "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": 5.21, "rotation_up": 82.58, "upward_expansion": 95.82, "deceleration": 40.02, "rotation_down": 10.32, "downward_expansion": 17.82 }, "activity_lines": [ 166.273333, 156.972545, 144.346571, 136.319548 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 180.02, "trend_reference": 127.769, "distance_from_trend": 0.408949, "trend_direction": "Improving", "fair_value": 108.118333, "distance_from_fair_value": 0.665028, "fair_value_direction": "Improving", "relative_strength": 41.878974, "relative_strength_direction": "Improving", "price_momentum": 0.599893, "excess_performance": 0.474268, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.408949, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.126972, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.665028, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.355967, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.41879, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.256436, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.599893, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.986084, "read": "Demand-led" } ], "volume": { "latest": 3958202, "relative_activity": 0.884273, "balance": 2.986084, "dry_up": 0.97679, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.096042, "annualized_volatility": 0.612789, "from_high_reference": -0.02163, "from_low_reference": 1.460634 }, "levels": { "trend_reference": 127.769, "fair_value_reference": 108.118333, "structural_low": 95.87, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 31, "median_return": 0.014678, "positive_rate": 0.548387, "directional_follow_through": 0.548387, "median_excess_return": 0.002127, "regime_survival": 0.774194, "best_return": 0.397388, "worst_return": -0.351576, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.057071, "positive_rate": 0.545455, "directional_follow_through": 0.545455, "median_excess_return": 0.027473, "regime_survival": 0.454545, "best_return": 0.251088, "worst_return": -0.39658, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.11133, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": 0.136237, "regime_survival": 0.428571, "best_return": 0.322489, "worst_return": -0.37528, "sufficient": true }, { 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"close": 156.83, "volume": 2671661, "typical_volume": 4264026.0, "trend": 122.42, "fair_value": 106.354487, "relative_strength": 32.303321, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.426645, "energy": 78.103103, "activity_lines": [ 150.638, 140.965273, 133.329762, 128.016194 ] }, { "date": "2026-07-24", "close": 153.58, "volume": 2257622, "typical_volume": 4220792.25, "trend": 123.665667, "fair_value": 106.849551, "relative_strength": 29.417936, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.125464, "energy": 73.655303, "activity_lines": [ 152.965333, 144.3, 136.001714, 130.026516 ] }, { "date": "2026-07-31", "close": 166.72, "volume": 8601828, "typical_volume": 4458409.35, "trend": 125.532333, "fair_value": 107.441218, "relative_strength": 37.598745, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.610131, "energy": 76.611256, "activity_lines": [ 158.146, 149.849818, 139.706762, 132.804215 ] }, { "date": "2026-08-07", "close": 180.02, "volume": 3958202, "typical_volume": 4476219.8, "trend": 127.769, "fair_value": 108.118333, "relative_strength": 41.878974, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.380599, "energy": 82.826272, "activity_lines": [ 166.273333, 156.972545, 144.346571, 136.319548 ] } ], "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." } } }