{
  "ticker": {
    "uuid": "50ef2cb5-efd8-4991-9058-19dfda191874",
    "symbol": "EGAN",
    "name": "eGain 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": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -42.842,
    "architecture_energy": 27.916,
    "architecture_maturity": 77.579,
    "architecture_confidence": 86.687,
    "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": 36.94,
        "rotation_up": 25.36,
        "upward_expansion": 14.45,
        "deceleration": 45.71,
        "rotation_down": 40.65,
        "downward_expansion": 66.79
      },
      "activity_lines": [
        6.858,
        6.809273,
        6.979333,
        7.333118
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.666667
    },
    "latest_close": 7.33,
    "trend_reference": 7.984333,
    "distance_from_trend": -0.081952,
    "trend_direction": "Weakening",
    "fair_value": 7.07609,
    "distance_from_fair_value": 0.035883,
    "fair_value_direction": "Weakening",
    "relative_strength": -29.204451,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.267,
    "excess_performance": -0.454454,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.081952,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.147792,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.035883,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.014617,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.292045,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.007784,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.267,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.439835,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 586064,
      "relative_activity": 0.536829,
      "balance": 1.439835,
      "dry_up": 0.628667,
      "accumulation_observations": 4,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.098605,
      "annualized_volatility": 0.466999,
      "from_high_reference": -0.540439,
      "from_low_reference": 0.332727
    },
    "levels": {
      "trend_reference": 7.984333,
      "fair_value_reference": 7.07609,
      "structural_low": 5.939,
      "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": 31,
        "median_return": 0.022573,
        "positive_rate": 0.612903,
        "directional_follow_through": 0.387097,
        "median_excess_return": 0.024251,
        "regime_survival": 0.774194,
        "best_return": 0.234208,
        "worst_return": -0.193157,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
        "median_return": 0.092733,
        "positive_rate": 0.6,
        "directional_follow_through": 0.4,
        "median_excess_return": 0.056509,
        "regime_survival": 0.4,
        "best_return": 0.306368,
        "worst_return": -0.189679,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": -0.047097,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.571429,
        "median_excess_return": -0.049151,
        "regime_survival": 0.714286,
        "best_return": 1.917172,
        "worst_return": -0.2336,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": -0.146101,
        "positive_rate": 0.25,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.105014,
        "regime_survival": 0.75,
        "best_return": 0.511111,
        "worst_return": -0.208,
        "sufficient": false
      }
    ],
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        "end": "2025-01-03",
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        "regime": "rotation_up",
        "label": "Rotation Up",
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      {
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      {
        "regime": "downward_expansion",
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      {
        "regime": "rotation_down",
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        "color": "orange",
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        "return": -0.060729,
        "active": false
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      {
        "regime": "downward_expansion",
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        "regime": "upward_expansion",
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      {
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      },
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        "date": "2026-05-22",
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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": 7.085192,
        "relative_strength": -37.157197,
        "stage": 4,
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        "energy": 52.732176,
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      },
      {
        "date": "2026-07-17",
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        "volume": 775866,
        "typical_volume": 1122072.65,
        "trend": 8.358,
        "fair_value": 7.083654,
        "relative_strength": -34.259151,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.66804,
        "energy": 63.018885,
        "activity_lines": [
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          7.114381,
          7.599312
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      },
      {
        "date": "2026-07-24",
        "close": 6.41,
        "volume": 690775,
        "typical_volume": 1101491.75,
        "trend": 8.222333,
        "fair_value": 7.078782,
        "relative_strength": -34.628413,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.641095,
        "energy": 64.517302,
        "activity_lines": [
          6.505333,
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          7.014,
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        ]
      },
      {
        "date": "2026-07-31",
        "close": 6.82,
        "volume": 692593,
        "typical_volume": 1098089.85,
        "trend": 8.105667,
        "fair_value": 7.075513,
        "relative_strength": -30.768347,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.176341,
        "energy": 43.540118,
        "activity_lines": [
          6.608,
          6.73,
          6.967762,
          7.383161
        ]
      },
      {
        "date": "2026-08-07",
        "close": 7.33,
        "volume": 586064,
        "typical_volume": 1091713.85,
        "trend": 7.984333,
        "fair_value": 7.07609,
        "relative_strength": -29.204451,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.842492,
        "energy": 27.915924,
        "activity_lines": [
          6.858,
          6.809273,
          6.979333,
          7.333118
        ]
      }
    ],
    "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."
    }
  }
}