{
  "ticker": {
    "uuid": "203e896e-5d95-4cdf-bce8-e4eecc57b655",
    "symbol": "LAND",
    "name": "Gladstone Land Corporation",
    "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": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -66.585,
    "architecture_energy": 58.916,
    "architecture_maturity": 46.473,
    "architecture_confidence": 96,
    "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": 10.27,
        "rotation_up": 24.66,
        "upward_expansion": 10.57,
        "deceleration": 59.18,
        "rotation_down": 59.05,
        "downward_expansion": 86.24
      },
      "activity_lines": [
        8.376198,
        8.484272,
        8.851271,
        9.258484
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.833333
    },
    "latest_close": 8.34,
    "trend_reference": 9.734456,
    "distance_from_trend": -0.143249,
    "trend_direction": "Weakening",
    "fair_value": 10.718653,
    "distance_from_fair_value": -0.221917,
    "fair_value_direction": "Weakening",
    "relative_strength": -22.261608,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.228548,
    "excess_performance": -0.416001,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.143249,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.010671,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.221917,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.083957,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.222616,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.064512,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.228548,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.433982,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 3476128,
      "relative_activity": 1.204819,
      "balance": 0.433982,
      "dry_up": 1.064162,
      "accumulation_observations": 3,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.05459,
      "annualized_volatility": 0.277139,
      "from_high_reference": -0.349391,
      "from_low_reference": 0.05303
    },
    "levels": {
      "trend_reference": 9.734456,
      "fair_value_reference": 10.718653,
      "structural_low": 7.92,
      "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": 33,
        "median_return": -0.0078,
        "positive_rate": 0.393939,
        "directional_follow_through": 0.606061,
        "median_excess_return": -0.022756,
        "regime_survival": 0.818182,
        "best_return": 0.155007,
        "worst_return": -0.129497,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 12,
        "median_return": -0.028765,
        "positive_rate": 0.416667,
        "directional_follow_through": 0.583333,
        "median_excess_return": -0.082083,
        "regime_survival": 0.75,
        "best_return": 0.032561,
        "worst_return": -0.162351,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": -0.103572,
        "positive_rate": 0.166667,
        "directional_follow_through": 0.833333,
        "median_excess_return": -0.189164,
        "regime_survival": 0.5,
        "best_return": 0.030826,
        "worst_return": -0.172366,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.179845,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.471311,
        "regime_survival": 0.333333,
        "best_return": -0.139824,
        "worst_return": -0.284161,
        "sufficient": false
      }
    ],
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        "color": "blue",
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        "end": "2025-03-28",
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        "return": -0.012344,
        "active": false
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      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-04",
        "end": "2025-06-20",
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "end": "2025-10-03",
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        "active": false
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      },
      {
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        "stage": 4,
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        "modifier": "Early contraction",
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        "energy": 75.917856,
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 2831556.6,
        "trend": 9.79066,
        "fair_value": 10.797802,
        "relative_strength": -16.771027,
        "stage": 4,
        "regime": "downward_expansion",
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        "direction": -68.455523,
        "energy": 60.951041,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 8.11,
        "volume": 3184174,
        "typical_volume": 2869845.2,
        "trend": 9.76361,
        "fair_value": 10.757016,
        "relative_strength": -20.855278,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.568751,
        "energy": 66.974712,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 8.34,
        "volume": 3476128,
        "typical_volume": 2885186.65,
        "trend": 9.734456,
        "fair_value": 10.718653,
        "relative_strength": -22.261608,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.585299,
        "energy": 58.91628,
        "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."
    }
  }
}