{
  "ticker": {
    "uuid": "f71a14f5-013f-47c2-a157-f2b3c2ba1639",
    "symbol": "FTV",
    "name": "Fortive 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": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 88.659,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 39.405,
    "architecture_energy": 20.424,
    "architecture_maturity": 44.042,
    "architecture_confidence": 71.208,
    "architecture_tenure": "Developing",
    "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": 34.63,
        "rotation_up": 39.42,
        "upward_expansion": 65.19,
        "deceleration": 81.01,
        "rotation_down": 25.54,
        "downward_expansion": 15.19
      },
      "activity_lines": [
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      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 61.71,
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    "distance_from_trend": 0.051078,
    "trend_direction": "Improving",
    "fair_value": 55.522069,
    "distance_from_fair_value": 0.11145,
    "fair_value_direction": "Improving",
    "relative_strength": -0.545857,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.028582,
    "excess_performance": -0.097043,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.051078,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.045166,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.11145,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.012676,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.005459,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.01451,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.028582,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.094534,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 13366439,
      "relative_activity": 0.929046,
      "balance": 1.094534,
      "dry_up": 1.048838,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.056638,
      "annualized_volatility": 0.218688,
      "from_high_reference": -0.044145,
      "from_low_reference": 0.338981
    },
    "levels": {
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      "fair_value_reference": 55.522069,
      "structural_low": 53.428019,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 26,
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        "positive_rate": 0.384615,
        "directional_follow_through": 0.384615,
        "median_excess_return": -0.007806,
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        "sufficient": true
      },
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        "horizon": "Intermediate",
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        "worst_return": -0.193641,
        "sufficient": true
      },
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        "horizon": "Extended",
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        "sufficient": true
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        "horizon": "Full cycle",
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      },
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 14631729.15,
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        "fair_value": 55.493971,
        "relative_strength": 5.325106,
        "stage": 2,
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      },
      {
        "date": "2026-07-31",
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        "typical_volume": 14768328.25,
        "trend": 58.483674,
        "fair_value": 55.504843,
        "relative_strength": -1.094549,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 35.231786,
        "energy": 20.891903,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 61.71,
        "volume": 13366439,
        "typical_volume": 14387279.4,
        "trend": 58.711146,
        "fair_value": 55.522069,
        "relative_strength": -0.545857,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
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        "direction": 39.404598,
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        "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."
    }
  }
}