{
  "ticker": {
    "uuid": "0bef3167-9d99-486e-af01-d12b2a1642e6",
    "symbol": "BMBL",
    "name": "Bumble 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": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -59.563,
    "architecture_energy": 52.872,
    "architecture_maturity": 28.616,
    "architecture_confidence": 93.644,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 24.73,
        "rotation_up": 18.1,
        "upward_expansion": 10.88,
        "deceleration": 40.06,
        "rotation_down": 58.95,
        "downward_expansion": 86.55
      },
      "activity_lines": [
        2.856667,
        2.923091,
        3.081952,
        3.178516
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
    },
    "latest_close": 2.83,
    "trend_reference": 3.263,
    "distance_from_trend": -0.1327,
    "trend_direction": "Weakening",
    "fair_value": 7.683622,
    "distance_from_fair_value": -0.631684,
    "fair_value_direction": "Weakening",
    "relative_strength": -38.797275,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.121118,
    "excess_performance": -0.308572,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.1327,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.062671,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.631684,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.039258,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.387973,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.006413,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.121118,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.885131,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 15936969,
      "relative_activity": 1.037418,
      "balance": 0.885131,
      "dry_up": 0.738176,
      "accumulation_observations": 2,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.136586,
      "annualized_volatility": 0.665337,
      "from_high_reference": -0.616011,
      "from_low_reference": 0.114173
    },
    "levels": {
      "trend_reference": 3.263,
      "fair_value_reference": 7.683622,
      "structural_low": 2.54,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 35,
        "median_return": -0.037528,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.571429,
        "median_excess_return": -0.062588,
        "regime_survival": 0.828571,
        "best_return": 0.37763,
        "worst_return": -0.229692,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
        "median_return": -0.007158,
        "positive_rate": 0.454545,
        "directional_follow_through": 0.545455,
        "median_excess_return": -0.131196,
        "regime_survival": 0.636364,
        "best_return": 0.311667,
        "worst_return": -0.512195,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": -0.194891,
        "positive_rate": 0.142857,
        "directional_follow_through": 0.857143,
        "median_excess_return": -0.343818,
        "regime_survival": 0.714286,
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        "worst_return": -0.419971,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "directional_follow_through": 1.0,
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        "regime_survival": 0.666667,
        "best_return": -0.255507,
        "worst_return": -0.512527,
        "sufficient": false
      }
    ],
    "ledger": [
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        "regime": "balance",
        "label": "Balance",
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        "end": "2024-11-29",
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        "return": 0.104193,
        "active": false
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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      {
        "regime": "rotation_down",
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        "return": -0.074856,
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      },
      {
        "regime": "downward_expansion",
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      {
        "regime": "deceleration",
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        "active": false
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      },
      {
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        "fair_value": 7.961891,
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        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
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        "direction": -45.593086,
        "energy": 24.474979,
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          3.222333,
          3.271355
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      },
      {
        "date": "2026-07-24",
        "close": 2.81,
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        "typical_volume": 19041724.65,
        "trend": 3.310333,
        "fair_value": 7.863173,
        "relative_strength": -38.860936,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
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        "direction": -59.812098,
        "energy": 32.035342,
        "activity_lines": [
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          3.171381,
          3.237548
        ]
      },
      {
        "date": "2026-07-31",
        "close": 2.85,
        "volume": 9330119,
        "typical_volume": 16532149.4,
        "trend": 3.284667,
        "fair_value": 7.771314,
        "relative_strength": -36.584545,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.135151,
        "energy": 44.377434,
        "activity_lines": [
          2.906,
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          3.125429,
          3.207849
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      },
      {
        "date": "2026-08-07",
        "close": 2.83,
        "volume": 15936969,
        "typical_volume": 15362143.15,
        "trend": 3.263,
        "fair_value": 7.683622,
        "relative_strength": -38.797275,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.562613,
        "energy": 52.871693,
        "activity_lines": [
          2.856667,
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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."
    }
  }
}