{ "ticker": { "uuid": "ec684ca1-5592-42c0-87f1-2957473896e9", "symbol": "IDXX", "name": "IDEXX Laboratories, Inc.", "exchange": "VIE", "country": "AT", "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": "^ATX", "stage": 4, "stage_name": "Declining", "phase": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 94.276, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": 4.307, "architecture_energy": 6.598, "architecture_maturity": 23.054, "architecture_confidence": 61.574, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 66.41, "rotation_up": 27.25, "upward_expansion": 29.64, "deceleration": 47.86, "rotation_down": 23.44, "downward_expansion": 44.98 }, "activity_lines": [ 494.633347, 491.785463, 487.361909, 492.127315 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 515.400024, "trend_reference": 506.973334, "distance_from_trend": 0.016622, "trend_direction": "Weakening", "fair_value": 473.766027, "distance_from_fair_value": 0.087879, "fair_value_direction": "Improving", "relative_strength": -22.336278, "relative_strength_direction": "Improving", "price_momentum": -0.058114, "excess_performance": -0.232361, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.016622, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.07091, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.087879, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.079843, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.223363, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.018678, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.058114, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 5.112745, "read": "Demand-led" } ], "volume": { "latest": 395, "relative_activity": 6.220472, "balance": 5.112745, "dry_up": 3.944882, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.042551, "annualized_volatility": 0.201227, "from_high_reference": -0.224496, "from_low_reference": 0.157422 }, "levels": { "trend_reference": 506.973334, "fair_value_reference": 473.766027, "structural_low": 445.299988, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 5, "median_return": -0.085438, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.078852, "regime_survival": 0.2, "best_return": -0.037909, "worst_return": -0.317851, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.136081, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.053194, "regime_survival": 0.0, "best_return": 0.089921, "worst_return": -0.266877, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.169836, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.228747, "regime_survival": 0.0, "best_return": 0.177772, "worst_return": -0.388094, "sufficient": 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"active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-14", "end": "2025-03-14", "tenure": "Developing", "return": -0.122444, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-21", "end": "2025-05-16", "tenure": "Developing", "return": 0.1931, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-05-30", "tenure": "New", "return": 0.028175, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-06", "end": "2025-10-03", "tenure": "Established", "return": 0.169057, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-10", "end": "2025-10-31", "tenure": "New", "return": 0.036732, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-07", "end": "2025-12-26", "tenure": "Developing", "return": -0.044693, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-02", "end": "2026-02-13", "tenure": "Developing", "return": -0.06676, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-02-20", "end": "2026-03-20", "tenure": "Developing", "return": -0.06525, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-27", "end": "2026-07-10", "tenure": "Established", "return": 0.005495, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.041844, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 446.0, "volume": 0, "typical_volume": 1.05, "trend": 450.440002, "fair_value": 438.454167, "relative_strength": 7.327449, "stage": 2, "regime": 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"energy": 12.738054, "activity_lines": [ 491.933339, 488.667273, 486.068572, 496.339785 ] }, { "date": "2026-07-24", "close": 478.200012, "volume": 202, "typical_volume": 31.8, "trend": 513.163333, "fair_value": 473.265385, "relative_strength": -26.722726, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.57047, "energy": 16.739664, "activity_lines": [ 487.706675, 487.538185, 485.016668, 493.862151 ] }, { "date": "2026-07-31", "close": 481.100006, "volume": 239, "typical_volume": 43.75, "trend": 510.226666, "fair_value": 473.411539, "relative_strength": -25.888322, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.638263, "energy": 20.041845, "activity_lines": [ 485.213342, 486.569096, 484.477145, 491.79355 ] }, { "date": "2026-08-07", "close": 515.400024, "volume": 395, "typical_volume": 63.5, "trend": 506.973334, "fair_value": 473.766027, "relative_strength": -22.336278, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.306687, "energy": 6.598255, "activity_lines": [ 494.633347, 491.785463, 487.361909, 492.127315 ] } ], "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." } } }