{
  "ticker": {
    "uuid": "3d786cff-0742-4f69-a65b-0bc55ae480d4",
    "symbol": "GOGO",
    "name": "Gogo 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": -33.777,
    "architecture_energy": 17.671,
    "architecture_maturity": 100.0,
    "architecture_confidence": 72.474,
    "architecture_tenure": "Extended",
    "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": 46.04,
        "rotation_up": 29.36,
        "upward_expansion": 20.01,
        "deceleration": 42.46,
        "rotation_down": 25.19,
        "downward_expansion": 54.01
      },
      "activity_lines": [
        3.807667,
        3.694545,
        3.844048,
        3.985376
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.0
    },
    "latest_close": 3.635,
    "trend_reference": 4.171167,
    "distance_from_trend": -0.128541,
    "trend_direction": "Weakening",
    "fair_value": 8.286603,
    "distance_from_fair_value": -0.56134,
    "fair_value_direction": "Weakening",
    "relative_strength": -46.828356,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.130383,
    "excess_performance": -0.317836,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.128541,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.160027,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.56134,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.034225,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.468284,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.100988,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.130383,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.596792,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 10556384,
      "relative_activity": 1.237435,
      "balance": 0.596792,
      "dry_up": 0.901824,
      "accumulation_observations": 0,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.162961,
      "annualized_volatility": 0.749284,
      "from_high_reference": -0.723151,
      "from_low_reference": 0.203642
    },
    "levels": {
      "trend_reference": 4.171167,
      "fair_value_reference": 8.286603,
      "structural_low": 3.02,
      "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": 30,
        "median_return": -0.023397,
        "positive_rate": 0.466667,
        "directional_follow_through": 0.533333,
        "median_excess_return": -0.028627,
        "regime_survival": 0.8,
        "best_return": 0.376543,
        "worst_return": -0.325779,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 12,
        "median_return": 0.016464,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.087818,
        "regime_survival": 0.5,
        "best_return": 0.567985,
        "worst_return": -0.453237,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": 0.032425,
        "positive_rate": 0.714286,
        "directional_follow_through": 0.285714,
        "median_excess_return": -0.066862,
        "regime_survival": 0.285714,
        "best_return": 0.306327,
        "worst_return": -0.42446,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.106876,
        "positive_rate": 0.5,
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        "worst_return": -0.330814,
        "sufficient": false
      }
    ],
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        "regime": "rotation_down",
        "label": "Rotation Down",
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      {
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      {
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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      {
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        "tenure": "Established",
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      {
        "regime": "balance",
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      },
      {
        "date": "2026-07-24",
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        "stage": 4,
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      },
      {
        "date": "2026-07-31",
        "close": 4.18,
        "volume": 8182508,
        "typical_volume": 8708297.1,
        "trend": 4.224667,
        "fair_value": 8.345737,
        "relative_strength": -37.800107,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -24.737627,
        "energy": 15.461973,
        "activity_lines": [
          3.847333,
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          3.88219,
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      },
      {
        "date": "2026-08-07",
        "close": 3.635,
        "volume": 10556384,
        "typical_volume": 8530861.9,
        "trend": 4.171167,
        "fair_value": 8.286603,
        "relative_strength": -46.828356,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.776708,
        "energy": 17.670635,
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          3.807667,
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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."
    }
  }
}