{ "ticker": { "uuid": "fe76aab6-ad9d-4e65-bdc8-d9894d727f63", "symbol": "BLCO", "name": "Bausch + Lomb Corporation", "exchange": "TOR", "country": "CA", "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": "^GSPTSE", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 55.98, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "mixed", "architecture_direction": 26.548, "architecture_energy": 21.897, "architecture_maturity": 15.63, "architecture_confidence": 49.082, "architecture_tenure": "Developing", "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": 54.04, "rotation_up": 47.92, "upward_expansion": 45.84, "deceleration": 40.06, "rotation_down": 22.76, "downward_expansion": 8.84 }, "activity_lines": [ 23.161333, 22.985272, 22.568095, 22.564301 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 23.27, "trend_reference": 22.6955, "distance_from_trend": 0.025313, "trend_direction": "Weakening", "fair_value": 21.988654, "distance_from_fair_value": 0.058273, "fair_value_direction": "Improving", "relative_strength": -6.859603, "relative_strength_direction": "Weakening", "price_momentum": 0.00086, "excess_performance": -0.119561, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.025313, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -5.1e-05, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.058273, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.065329, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.068596, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.009463, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.00086, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.77193, "read": "Supply-led" } ], "volume": { "latest": 3600, "relative_activity": 0.409323, "balance": 0.77193, "dry_up": 0.983513, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.049354, "annualized_volatility": 0.30367, "from_high_reference": -0.094553, "from_low_reference": 0.240405 }, "levels": { "trend_reference": 22.6955, "fair_value_reference": 21.988654, "structural_low": 20.610001, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 5, "median_return": -0.036253, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.035651, "regime_survival": 0.6, "best_return": 0.071275, "worst_return": -0.08914, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 4.1e-05, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.081114, "regime_survival": 0.0, "best_return": 0.136656, "worst_return": -0.136573, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.051958, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.082504, "regime_survival": 0.0, "best_return": 0.184352, "worst_return": -0.080436, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 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"gate": "down", "direction": 11.670171, "energy": 15.37932, "activity_lines": [ 22.708, 22.245636, 22.237905, 22.454688 ] }, { "date": "2026-07-10", "close": 22.889999, "volume": 10700, "typical_volume": 9795.0, "trend": 22.696, "fair_value": 22.057756, "relative_strength": -6.0717, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 9.529252, "energy": 21.636831, "activity_lines": [ 22.941333, 22.395454, 22.276857, 22.466279 ] }, { "date": "2026-07-17", "close": 22.690001, "volume": 9900, "typical_volume": 10035.0, "trend": 22.712333, "fair_value": 22.031474, "relative_strength": -6.633052, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.091005, "energy": 28.188561, "activity_lines": [ 23.024666, 22.493454, 22.304809, 22.465892 ] }, { "date": "2026-07-24", "close": 22.719999, "volume": 7700, "typical_volume": 9000.0, "trend": 22.691667, "fair_value": 22.009487, "relative_strength": -6.602995, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 14.94196, "energy": 28.831058, "activity_lines": [ 23.012, 22.586363, 22.345809, 22.466387 ] }, { "date": "2026-07-31", "close": 23.66, "volume": 13400, "typical_volume": 9085.0, "trend": 22.720667, "fair_value": 22.001667, "relative_strength": -2.292312, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.818752, "energy": 30.819197, "activity_lines": [ 23.172, 22.836727, 22.478905, 22.52886 ] }, { "date": "2026-08-07", "close": 23.27, "volume": 3600, "typical_volume": 8795.0, "trend": 22.6955, "fair_value": 21.988654, "relative_strength": -6.859603, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.548407, "energy": 21.897087, "activity_lines": [ 23.161333, 22.985272, 22.568095, 22.564301 ] } ], "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." } } }