{
  "ticker": {
    "uuid": "0881ce5a-d552-4ccd-9f62-ca4711c51359",
    "symbol": "AMCX",
    "name": "AMC Networks 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": 2,
    "stage_name": "Advancing",
    "phase": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 76.447,
    "architecture_energy": 58.024,
    "architecture_maturity": 34.0,
    "architecture_confidence": 84.35,
    "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": 12.74,
        "rotation_up": 66.48,
        "upward_expansion": 82.09,
        "deceleration": 53.59,
        "rotation_down": 15.34,
        "downward_expansion": 8.76
      },
      "activity_lines": [
        10.958,
        10.551455,
        9.948905,
        9.398774
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 11.86,
    "trend_reference": 8.795,
    "distance_from_trend": 0.348493,
    "trend_direction": "Improving",
    "fair_value": 9.970096,
    "distance_from_fair_value": 0.189557,
    "fair_value_direction": "Improving",
    "relative_strength": 21.999377,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.554391,
    "excess_performance": 0.366937,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.348493,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.055316,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.189557,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.324543,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.219994,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.253898,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.554391,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.437431,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 5612172,
      "relative_activity": 2.10398,
      "balance": 2.437431,
      "dry_up": 1.606549,
      "accumulation_observations": 5,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.106388,
      "annualized_volatility": 0.502814,
      "from_high_reference": -0.052337,
      "from_low_reference": 0.833076
    },
    "levels": {
      "trend_reference": 8.795,
      "fair_value_reference": 9.970096,
      "structural_low": 6.47,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 8,
        "median_return": -0.023698,
        "positive_rate": 0.375,
        "directional_follow_through": 0.375,
        "median_excess_return": -0.025371,
        "regime_survival": 0.5,
        "best_return": 0.162748,
        "worst_return": -0.188776,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
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        "sufficient": false
      },
      {
        "horizon": "Extended",
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        "positive_rate": 0.333333,
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        "worst_return": -0.333224,
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      },
      {
        "horizon": "Full cycle",
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        "regime": "downward_expansion",
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      },
      {
        "date": "2026-05-01",
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      },
      {
        "date": "2026-05-08",
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      },
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        "date": "2026-05-15",
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      },
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        "date": "2026-05-22",
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      },
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      },
      {
        "date": "2026-06-05",
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      },
      {
        "date": "2026-06-12",
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      },
      {
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        "modifier": "Early expansion",
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        "energy": 62.958683,
        "activity_lines": [
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      },
      {
        "date": "2026-07-03",
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        "relative_strength": 10.381731,
        "stage": 2,
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        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 2285434.2,
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        "fair_value": 10.031891,
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        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.809179,
        "energy": 43.314263,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
        "close": 10.49,
        "volume": 2929810,
        "typical_volume": 2299236.55,
        "trend": 8.619333,
        "fair_value": 10.014006,
        "relative_strength": 14.522494,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.302964,
        "energy": 51.825747,
        "activity_lines": [
          10.162,
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          9.358667,
          8.951828
        ]
      },
      {
        "date": "2026-07-24",
        "close": 9.79,
        "volume": 2643699,
        "typical_volume": 2329440.5,
        "trend": 8.619,
        "fair_value": 9.991955,
        "relative_strength": 8.129234,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.393266,
        "energy": 40.70713,
        "activity_lines": [
          10.084667,
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          9.456,
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        ]
      },
      {
        "date": "2026-07-31",
        "close": 11.2,
        "volume": 5955607,
        "typical_volume": 2502000.75,
        "trend": 8.684,
        "fair_value": 9.974519,
        "relative_strength": 21.949373,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.299097,
        "energy": 47.109269,
        "activity_lines": [
          10.448667,
          10.226,
          9.680524,
          9.193871
        ]
      },
      {
        "date": "2026-08-07",
        "close": 11.86,
        "volume": 5612172,
        "typical_volume": 2667408.05,
        "trend": 8.795,
        "fair_value": 9.970096,
        "relative_strength": 21.999377,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.447414,
        "energy": 58.023641,
        "activity_lines": [
          10.958,
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          9.948905,
          9.398774
        ]
      }
    ],
    "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."
    }
  }
}