{
  "ticker": {
    "uuid": "402bb4e8-2afe-4043-9f4a-36ef297309ed",
    "symbol": "GLBE",
    "name": "Global-E Online Ltd",
    "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": 1,
    "stage_name": "Basing",
    "phase": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 57.431,
    "architecture_regime": "rotation_up",
    "architecture_regime_label": "Rotation Up",
    "architecture_modifier": "Value reclamation",
    "architecture_gate": "up",
    "architecture_direction": 82.584,
    "architecture_energy": 76.742,
    "architecture_maturity": 29.535,
    "architecture_confidence": 78.785,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating upward.",
        "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair."
      },
      "scores": {
        "balance": 17.74,
        "rotation_up": 77.25,
        "upward_expansion": 91.69,
        "deceleration": 43.34,
        "rotation_down": 10.72,
        "downward_expansion": 16.02
      },
      "activity_lines": [
        39.479333,
        38.007091,
        35.316619,
        34.447935
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 42.32,
    "trend_reference": 34.014333,
    "distance_from_trend": 0.244181,
    "trend_direction": "Weakening",
    "fair_value": 37.056218,
    "distance_from_fair_value": 0.142049,
    "fair_value_direction": "Improving",
    "relative_strength": 5.253643,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.297761,
    "excess_performance": 0.110308,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.244181,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.021949,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.142049,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.345037,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.052536,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.336582,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.297761,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.817078,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 5920668,
      "relative_activity": 0.805977,
      "balance": 2.817078,
      "dry_up": 0.94548,
      "accumulation_observations": 6,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.07913,
      "annualized_volatility": 0.452343,
      "from_high_reference": -0.00447,
      "from_low_reference": 0.576457
    },
    "levels": {
      "trend_reference": 34.014333,
      "fair_value_reference": 37.056218,
      "structural_low": 26.845,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 6,
        "median_return": -0.030676,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.011853,
        "regime_survival": 0.333333,
        "best_return": 0.126553,
        "worst_return": -0.187042,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.086794,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.022905,
        "regime_survival": 0.0,
        "best_return": 0.102348,
        "worst_return": -0.289165,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.156662,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.158937,
        "regime_survival": 0.0,
        "best_return": 0.352898,
        "worst_return": -0.212575,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.538726,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.175917,
        "regime_survival": 0.0,
        "best_return": 0.544021,
        "worst_return": 0.533431,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-07-19",
        "end": "2024-08-02",
        "tenure": "New",
        "return": -0.092582,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-09",
        "end": "2024-09-20",
        "tenure": "Developing",
        "return": 0.140246,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-09-27",
        "end": "2025-03-07",
        "tenure": "Established",
        "return": 0.019438,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-14",
        "end": "2025-04-18",
        "tenure": "Developing",
        "return": -0.101136,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-25",
        "end": "2025-08-29",
        "tenure": "Established",
        "return": -0.076201,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-09-05",
        "end": "2025-09-19",
        "tenure": "New",
        "return": 0.029346,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "end": "2025-10-10",
        "tenure": "New",
        "return": -0.077844,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-10-17",
        "end": "2025-11-21",
        "tenure": "Developing",
        "return": 0.109394,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2026-01-16",
        "tenure": "Developing",
        "return": -0.072241,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-01-23",
        "end": "2026-02-13",
        "tenure": "New",
        "return": -0.156858,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-02-20",
        "end": "2026-03-20",
        "tenure": "Developing",
        "return": -0.103659,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-03-27",
        "end": "2026-06-19",
        "tenure": "Established",
        "return": 0.135154,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2026-07-03",
        "tenure": "New",
        "return": 0.012085,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "tenure": "Developing",
        "return": 0.099792,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-18",
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      },
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      },
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      },
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        "date": "2026-05-15",
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      },
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      },
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      },
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        "date": "2026-06-05",
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      },
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        "date": "2026-06-12",
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      },
      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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        "stage": 1,
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 7060470.3,
        "trend": 34.123667,
        "fair_value": 37.104808,
        "relative_strength": -5.130286,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 39.161502,
        "energy": 58.124485,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
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        "volume": 3952285,
        "typical_volume": 6922644.4,
        "trend": 34.054667,
        "fair_value": 37.082051,
        "relative_strength": -1.769882,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 44.371128,
        "energy": 66.594029,
        "activity_lines": [
          37.382,
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          33.489857,
          33.425118
        ]
      },
      {
        "date": "2026-07-24",
        "close": 36.21,
        "volume": 10463134,
        "typical_volume": 7146680.25,
        "trend": 33.941667,
        "fair_value": 37.033013,
        "relative_strength": -4.897659,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 36.144819,
        "energy": 59.16497,
        "activity_lines": [
          37.272,
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          33.81619,
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      },
      {
        "date": "2026-07-31",
        "close": 39.31,
        "volume": 7445723,
        "typical_volume": 7266003.55,
        "trend": 33.99,
        "fair_value": 37.021346,
        "relative_strength": 2.672823,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 45.614496,
        "energy": 58.908632,
        "activity_lines": [
          37.970667,
          36.743818,
          34.433857,
          33.910516
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      },
      {
        "date": "2026-08-07",
        "close": 42.32,
        "volume": 5920668,
        "typical_volume": 7345951.6,
        "trend": 34.014333,
        "fair_value": 37.056218,
        "relative_strength": 5.253643,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 82.583673,
        "energy": 76.74157,
        "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."
    }
  }
}