{
  "ticker": {
    "uuid": "fd68790a-5abc-4621-b192-c796ac167b54",
    "symbol": "AZTA",
    "name": "Azenta Inc",
    "exchange": "NASDAQ",
    "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": "QQQ",
    "stage": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 96.0,
    "architecture_regime": "rotation_up",
    "architecture_regime_label": "Rotation Up",
    "architecture_modifier": "Emerging rotation",
    "architecture_gate": "mixed",
    "architecture_direction": 61.996,
    "architecture_energy": 74.991,
    "architecture_maturity": 23.034,
    "architecture_confidence": 66.821,
    "architecture_tenure": "New",
    "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": 11.97,
        "rotation_up": 80.65,
        "upward_expansion": 67.86,
        "deceleration": 18.14,
        "rotation_down": 16.48,
        "downward_expansion": 23.86
      },
      "activity_lines": [
        28.851333,
        27.231273,
        25.109524,
        24.734495
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 32.04,
    "trend_reference": 25.882,
    "distance_from_trend": 0.237926,
    "trend_direction": "Weakening",
    "fair_value": 41.73891,
    "distance_from_fair_value": -0.232371,
    "fair_value_direction": "Improving",
    "relative_strength": -2.63174,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.115599,
    "excess_performance": -0.071855,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.237926,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.094771,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.232371,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.326131,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.026317,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.442694,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.115599,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.848802,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 4600268,
      "relative_activity": 0.981618,
      "balance": 1.848802,
      "dry_up": 0.719702,
      "accumulation_observations": 2,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.085143,
      "annualized_volatility": 0.736276,
      "from_high_reference": -0.232207,
      "from_low_reference": 1.011299
    },
    "levels": {
      "trend_reference": 25.882,
      "fair_value_reference": 41.73891,
      "structural_low": 15.93,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 6,
        "median_return": 0.005398,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.01114,
        "regime_survival": 0.5,
        "best_return": 0.100543,
        "worst_return": -0.165138,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": -0.313742,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.33931,
        "regime_survival": 0.0,
        "best_return": -0.070514,
        "worst_return": -0.483366,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.23998,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.448109,
        "regime_survival": 0.0,
        "best_return": -0.214843,
        "worst_return": -0.352611,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.266538,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.429932,
        "regime_survival": 0.0,
        "best_return": -0.029976,
        "worst_return": -0.581556,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-05-24",
        "end": "2024-07-19",
        "tenure": "Developing",
        "return": 0.049077,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-07-26",
        "end": "2024-08-30",
        "tenure": "Developing",
        "return": -0.177682,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-09-06",
        "end": "2024-12-20",
        "tenure": "Established",
        "return": 0.0548,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-12-27",
        "end": "2025-01-03",
        "tenure": "New",
        "return": -0.015205,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2025-02-14",
        "tenure": "Developing",
        "return": -0.121663,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-02-21",
        "end": "2025-03-07",
        "tenure": "New",
        "return": -0.023911,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-14",
        "end": "2025-03-21",
        "tenure": "New",
        "return": 0.01712,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-03-28",
        "end": "2025-07-11",
        "tenure": "Established",
        "return": -0.032938,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-11-28",
        "tenure": "Established",
        "return": 0.141207,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-05",
        "end": "2026-02-27",
        "tenure": "Established",
        "return": -0.230243,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-03-06",
        "end": "2026-03-13",
        "tenure": "New",
        "return": -0.118519,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "end": "2026-06-26",
        "tenure": "Established",
        "return": 0.263001,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "return": 0.059211,
        "active": false
      },
      {
        "regime": "rotation_up",
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        "tenure": "New",
        "return": 0.138998,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-18",
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      },
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      },
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      },
      {
        "date": "2026-05-01",
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      },
      {
        "date": "2026-05-08",
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      },
      {
        "date": "2026-05-15",
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      },
      {
        "date": "2026-05-22",
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        "energy": 68.100432,
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      },
      {
        "date": "2026-05-29",
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      },
      {
        "date": "2026-06-05",
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      },
      {
        "date": "2026-06-12",
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      },
      {
        "date": "2026-06-19",
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      },
      {
        "date": "2026-06-26",
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        "relative_strength": -24.291544,
        "stage": 4,
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        "modifier": "Established contraction",
        "gate": "down",
        "direction": -16.627641,
        "energy": 17.064151,
        "activity_lines": [
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      },
      {
        "date": "2026-07-03",
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        "volume": 2053364,
        "typical_volume": 4965474.55,
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        "fair_value": 42.394679,
        "relative_strength": -23.202418,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
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        "energy": 14.288046,
        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 4995688.6,
        "trend": 26.770667,
        "fair_value": 42.268205,
        "relative_strength": -25.188291,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -2.097865,
        "energy": 17.446178,
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          25.058,
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      },
      {
        "date": "2026-07-17",
        "close": 26.29,
        "volume": 3052355,
        "typical_volume": 4981287.05,
        "trend": 26.499333,
        "fair_value": 42.143462,
        "relative_strength": -18.477558,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 5.62357,
        "energy": 21.829861,
        "activity_lines": [
          25.648,
          24.453636,
          23.353429,
          24.172602
        ]
      },
      {
        "date": "2026-07-24",
        "close": 27.37,
        "volume": 2707274,
        "typical_volume": 4907052.55,
        "trend": 26.253333,
        "fair_value": 42.017885,
        "relative_strength": -12.993664,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 30.012848,
        "energy": 41.884807,
        "activity_lines": [
          26.351333,
          25.236182,
          23.78681,
          24.228774
        ]
      },
      {
        "date": "2026-07-31",
        "close": 28.13,
        "volume": 3131385,
        "typical_volume": 4784555.1,
        "trend": 26.078,
        "fair_value": 41.893462,
        "relative_strength": -10.40246,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 34.260773,
        "energy": 48.632917,
        "activity_lines": [
          27.037333,
          25.950545,
          24.277952,
          24.349849
        ]
      },
      {
        "date": "2026-08-07",
        "close": 32.04,
        "volume": 4600268,
        "typical_volume": 4686412.1,
        "trend": 25.882,
        "fair_value": 41.73891,
        "relative_strength": -2.63174,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 61.996244,
        "energy": 74.99099,
        "activity_lines": [
          28.851333,
          27.231273,
          25.109524,
          24.734495
        ]
      }
    ],
    "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."
    }
  }
}