{ "ticker": { "uuid": "ead67a1d-3331-46b9-962d-63392c114616", "symbol": "IQV", "name": "IQVIA Holdings Inc", "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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 84.976, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "up", "architecture_direction": 84.02, "architecture_energy": 87.794, "architecture_maturity": 30.0, "architecture_confidence": 78.015, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 9.03, "rotation_up": 84.58, "upward_expansion": 98.13, "deceleration": 39.09, "rotation_down": 8.86, "downward_expansion": 20.13 }, "activity_lines": [ 225.206667, 212.853455, 197.084381, 190.133376 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 238.7, "trend_reference": 187.764, "distance_from_trend": 0.271277, "trend_direction": "Weakening", "fair_value": 203.316282, "distance_from_fair_value": 0.174033, "fair_value_direction": "Improving", "relative_strength": 7.861904, "relative_strength_direction": "Improving", "price_momentum": 0.273135, "excess_performance": 0.14751, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.271277, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.038038, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.174033, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.30179, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.078619, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.232415, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.273135, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.636342, "read": "Demand-led" } ], "volume": { "latest": 6994286, "relative_activity": 0.920012, "balance": 1.636342, "dry_up": 1.009656, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.077099, "annualized_volatility": 0.461659, "from_high_reference": -0.050366, "from_low_reference": 0.544984 }, "levels": { "trend_reference": 187.764, "fair_value_reference": 203.316282, "structural_low": 154.5, "invalidation": "A decisive 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"relative_strength": -2.995265, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.862017, "energy": 62.805897, "activity_lines": [ 202.258, 193.214909, 183.510429, 182.512645 ] }, { "date": "2026-07-24", "close": 208.05, "volume": 5312632, "typical_volume": 7468091.1, "trend": 187.566, "fair_value": 203.079423, "relative_strength": -1.347154, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.779152, "energy": 65.250276, "activity_lines": [ 206.270667, 197.147636, 186.424, 183.793613 ] }, { "date": "2026-07-31", "close": 235.02, "volume": 12525192, "typical_volume": 7694395.2, "trend": 187.887667, "fair_value": 203.195385, "relative_strength": 10.100277, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 58.95364, "energy": 73.583878, "activity_lines": [ 216.588, 205.276182, 191.746333, 186.855161 ] }, { "date": "2026-08-07", "close": 238.7, "volume": 6994286, "typical_volume": 7602386.9, "trend": 187.764, "fair_value": 203.316282, "relative_strength": 7.861904, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 84.020361, "energy": 87.79363, "activity_lines": [ 225.206667, 212.853455, 197.084381, 190.133376 ] } ], "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." } } }