{
  "ticker": {
    "uuid": "f43785af-138f-44f9-9567-25e253c9825b",
    "symbol": "CRD-A",
    "name": "Crawford & Company",
    "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": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 83.15,
    "architecture_energy": 62.18,
    "architecture_maturity": 28.0,
    "architecture_confidence": 85.528,
    "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": 32.49,
        "rotation_up": 61.68,
        "upward_expansion": 79.55,
        "deceleration": 54.64,
        "rotation_down": 14.14,
        "downward_expansion": 10.88
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      "activity_lines": [
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        10.90976
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.333333
    },
    "latest_close": 13.77,
    "trend_reference": 10.683487,
    "distance_from_trend": 0.288905,
    "trend_direction": "Improving",
    "fair_value": 10.309034,
    "distance_from_fair_value": 0.335722,
    "fair_value_direction": "Improving",
    "relative_strength": 14.34954,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.293332,
    "excess_performance": 0.167707,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.288905,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.010827,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.335722,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.358824,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.143495,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.302568,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.293332,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.428315,
        "read": "Demand-led"
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    ],
    "volume": {
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      "relative_activity": 1.679768,
      "balance": 1.428315,
      "dry_up": 0.929252,
      "accumulation_observations": 4,
      "distribution_observations": 2
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    "risk": {
      "range_context": 0.070784,
      "annualized_volatility": 0.427551,
      "from_high_reference": -0.00145,
      "from_low_reference": 0.615621
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    "levels": {
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      "fair_value_reference": 10.309034,
      "structural_low": 8.826651,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
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    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 20,
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        "directional_follow_through": 0.45,
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        "worst_return": -0.215474,
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        "horizon": "Intermediate",
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      },
      {
        "date": "2026-04-24",
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        "date": "2026-06-05",
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        "date": "2026-06-12",
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      },
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      },
      {
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      },
      {
        "date": "2026-07-03",
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      },
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        "typical_volume": 299280.35,
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        "stage": 2,
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 297891.3,
        "trend": 10.601893,
        "fair_value": 10.247577,
        "relative_strength": -4.626117,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.024689,
        "energy": 42.118597,
        "activity_lines": [
          11.22,
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          10.65714
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      },
      {
        "date": "2026-07-24",
        "close": 11.0,
        "volume": 199459,
        "typical_volume": 293304.6,
        "trend": 10.578501,
        "fair_value": 10.265311,
        "relative_strength": -3.976713,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 49.099216,
        "energy": 25.95176,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 10.91,
        "volume": 216059,
        "typical_volume": 287103.7,
        "trend": 10.583985,
        "fair_value": 10.27839,
        "relative_strength": -5.774854,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 35.263171,
        "energy": 16.747422,
        "activity_lines": [
          11.008,
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          10.704211
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      },
      {
        "date": "2026-08-07",
        "close": 13.77,
        "volume": 490712,
        "typical_volume": 292130.9,
        "trend": 10.683487,
        "fair_value": 10.309034,
        "relative_strength": 14.34954,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.150118,
        "energy": 62.179803,
        "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."
    }
  }
}