{
  "ticker": {
    "uuid": "299bc08c-c311-40bc-ba45-9e42e114694d",
    "symbol": "RENT",
    "name": "Rent the Runway 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": -47.337,
    "architecture_energy": 38.455,
    "architecture_maturity": 76.152,
    "architecture_confidence": 68.148,
    "architecture_tenure": "Established",
    "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": 23.89,
        "rotation_up": 27.04,
        "upward_expansion": 17.08,
        "deceleration": 62.74,
        "rotation_down": 41.06,
        "downward_expansion": 67.08
      },
      "activity_lines": [
        3.434667,
        3.388818,
        3.657595,
        4.043022
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.5
    },
    "latest_close": 3.68,
    "trend_reference": 4.745167,
    "distance_from_trend": -0.224474,
    "trend_direction": "Weakening",
    "fair_value": 9.105308,
    "distance_from_fair_value": -0.59584,
    "fair_value_direction": "Improving",
    "relative_strength": -37.961335,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.459618,
    "excess_performance": -0.647072,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.224474,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.174993,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.59584,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.012751,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.379613,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.080659,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.459618,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.424708,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 225020,
      "relative_activity": 0.516489,
      "balance": 0.424708,
      "dry_up": 0.600505,
      "accumulation_observations": 1,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.147283,
      "annualized_volatility": 0.684843,
      "from_high_reference": -0.636723,
      "from_low_reference": 0.28
    },
    "levels": {
      "trend_reference": 4.745167,
      "fair_value_reference": 9.105308,
      "structural_low": 2.875,
      "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": 26,
        "median_return": -0.113358,
        "positive_rate": 0.346154,
        "directional_follow_through": 0.653846,
        "median_excess_return": -0.121222,
        "regime_survival": 0.884615,
        "best_return": 0.751276,
        "worst_return": -0.367677,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
        "median_return": -0.098351,
        "positive_rate": 0.3,
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        "regime_survival": 0.7,
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        "worst_return": -0.61435,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.164733,
        "positive_rate": 0.6,
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        "regime_survival": 0.6,
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        "worst_return": -0.632735,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
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        "worst_return": -0.518696,
        "sufficient": false
      }
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      {
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      },
      {
        "date": "2026-04-24",
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      },
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        "date": "2026-06-05",
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      },
      {
        "date": "2026-06-19",
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      },
      {
        "date": "2026-06-26",
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        "activity_lines": [
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      },
      {
        "date": "2026-07-03",
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        "stage": 4,
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      },
      {
        "date": "2026-07-10",
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        "fair_value": 9.902391,
        "relative_strength": -45.585059,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
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      },
      {
        "date": "2026-07-17",
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        "volume": 260750,
        "typical_volume": 448409.45,
        "trend": 5.262667,
        "fair_value": 9.682904,
        "relative_strength": -45.90882,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.130599,
        "energy": 70.950954,
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          3.299333,
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          3.858381,
          4.363269
        ]
      },
      {
        "date": "2026-07-24",
        "close": 3.01,
        "volume": 293527,
        "typical_volume": 439648.45,
        "trend": 5.073,
        "fair_value": 9.470147,
        "relative_strength": -47.061325,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.403697,
        "energy": 74.159711,
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          3.194,
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          3.744476,
          4.217935
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      },
      {
        "date": "2026-07-31",
        "close": 3.605,
        "volume": 267198,
        "typical_volume": 435861.6,
        "trend": 4.923167,
        "fair_value": 9.280436,
        "relative_strength": -36.493563,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.133333,
        "energy": 50.223982,
        "activity_lines": [
          3.313,
          3.338182,
          3.695333,
          4.123226
        ]
      },
      {
        "date": "2026-08-07",
        "close": 3.68,
        "volume": 225020,
        "typical_volume": 435672.8,
        "trend": 4.745167,
        "fair_value": 9.105308,
        "relative_strength": -37.961335,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.337487,
        "energy": 38.454556,
        "activity_lines": [
          3.434667,
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          3.657595,
          4.043022
        ]
      }
    ],
    "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."
    }
  }
}