{
  "ticker": {
    "uuid": "ee6f9aaf-8ffd-4819-8f9f-d9b96a224b0a",
    "symbol": "CLH",
    "name": "Clean Harbors 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": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 54.028,
    "architecture_energy": 49.433,
    "architecture_maturity": 10.984,
    "architecture_confidence": 86.345,
    "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": 35.14,
        "rotation_up": 58.9,
        "upward_expansion": 80.26,
        "deceleration": 51.49,
        "rotation_down": 12.65,
        "downward_expansion": 9.26
      },
      "activity_lines": [
        308.592,
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        299.465238,
        296.358538
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.5
    },
    "latest_close": 308.17,
    "trend_reference": 290.098,
    "distance_from_trend": 0.062296,
    "trend_direction": "Improving",
    "fair_value": 228.447051,
    "distance_from_fair_value": 0.348978,
    "fair_value_direction": "Improving",
    "relative_strength": 3.430253,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.158621,
    "excess_performance": 0.032996,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.062296,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.084377,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.348978,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.007231,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.034303,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.003797,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.158621,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.919666,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1992330,
      "relative_activity": 0.81124,
      "balance": 1.919666,
      "dry_up": 1.017073,
      "accumulation_observations": 4,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.058494,
      "annualized_volatility": 0.24031,
      "from_high_reference": -0.082664,
      "from_low_reference": 0.530595
    },
    "levels": {
      "trend_reference": 290.098,
      "fair_value_reference": 228.447051,
      "structural_low": 264.73,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 38,
        "median_return": 0.031613,
        "positive_rate": 0.605263,
        "directional_follow_through": 0.605263,
        "median_excess_return": 0.003494,
        "regime_survival": 0.789474,
        "best_return": 0.117294,
        "worst_return": -0.127465,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 14,
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        "positive_rate": 0.857143,
        "directional_follow_through": 0.857143,
        "median_excess_return": 0.009007,
        "regime_survival": 0.571429,
        "best_return": 0.160653,
        "worst_return": -0.140528,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 8,
        "median_return": 0.164037,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.073397,
        "regime_survival": 0.625,
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        "worst_return": -0.131558,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
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        "median_excess_return": 0.153422,
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        "worst_return": -0.015006,
        "sufficient": false
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        "regime": "rotation_down",
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      {
        "regime": "downward_expansion",
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      {
        "regime": "rotation_up",
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        "regime": "upward_expansion",
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        "active": false
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      {
        "regime": "deceleration",
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        "regime": "downward_expansion",
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        "date": "2026-05-01",
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      },
      {
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 2443051.25,
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        "relative_strength": 7.000542,
        "stage": 2,
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        "modifier": "Re-accelerating",
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        "direction": 51.629225,
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      },
      {
        "date": "2026-07-31",
        "close": 312.88,
        "volume": 3775736,
        "typical_volume": 2508842.6,
        "trend": 288.273,
        "fair_value": 227.591667,
        "relative_strength": 8.81813,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.550836,
        "energy": 54.724788,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 308.17,
        "volume": 1992330,
        "typical_volume": 2455906.8,
        "trend": 290.098,
        "fair_value": 228.447051,
        "relative_strength": 3.430253,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.027887,
        "energy": 49.433322,
        "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."
    }
  }
}