{ "ticker": { "uuid": "539a21d1-d7ac-4fd8-9883-0cf5ae049f20", "symbol": "LAW", "name": "CS Disco LLC", "exchange": "NYSE", "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": "SPY", "stage": 4, "stage_name": "Declining", "phase": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 71.059, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -10.312, "architecture_energy": 8.026, "architecture_maturity": 15.267, "architecture_confidence": 58.547, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 58.73, "rotation_up": 32.39, "upward_expansion": 25.1, "deceleration": 37.6, "rotation_down": 20.38, "downward_expansion": 47.76 }, "activity_lines": [ 3.974667, 3.876909, 3.877667, 3.927398 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 4.3, "trend_reference": 4.149333, "distance_from_trend": 0.036311, "trend_direction": "Weakening", "fair_value": 5.674359, "distance_from_fair_value": -0.242205, "fair_value_direction": "Improving", "relative_strength": -26.928265, "relative_strength_direction": "Improving", "price_momentum": 0.064356, "excess_performance": -0.061268, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.036311, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.226207, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.242205, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.077754, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.269283, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.035487, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.064356, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.978785, "read": "Supply-led" } ], "volume": { "latest": 1427455, "relative_activity": 0.968238, "balance": 0.978785, "dry_up": 0.85971, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.133258, "annualized_volatility": 0.855661, "from_high_reference": -0.527991, "from_low_reference": 0.75503 }, "levels": { "trend_reference": 4.149333, "fair_value_reference": 5.674359, "structural_low": 2.4501, "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": 9, "median_return": -0.021956, "positive_rate": 0.222222, "directional_follow_through": 0.222222, "median_excess_return": -0.051782, "regime_survival": 0.555556, "best_return": 0.377834, "worst_return": -0.153716, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.1582, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.133299, "regime_survival": 0.25, "best_return": 0.409692, "worst_return": -0.222222, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.240525, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.245771, "regime_survival": 0.0, "best_return": 0.60793, "worst_return": -0.358333, "sufficient": false 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"label": "Downward Expansion", "color": "red", "start": "2024-06-14", "end": "2024-09-27", "tenure": "Established", "return": 0.013986, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-04", "end": "2025-01-03", "tenure": "Established", "return": -0.175, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-10", "end": "2025-06-27", "tenure": "Established", "return": -0.097561, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-04", "end": "2025-08-15", "tenure": "Developing", "return": 0.079295, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-22", "end": "2025-09-05", "tenure": "New", "return": 0.073218, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-12", "end": "2026-01-16", "tenure": "Established", 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"down", "direction": -30.698011, "energy": 14.783085, "activity_lines": [ 3.877333, 3.805818, 3.880048, 4.018473 ] }, { "date": "2026-07-24", "close": 3.52, "volume": 1079927, "typical_volume": 1506282.1, "trend": 4.365333, "fair_value": 5.745192, "relative_strength": -37.846227, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.276312, "energy": 19.470246, "activity_lines": [ 3.788, 3.755818, 3.837429, 3.954323 ] }, { "date": "2026-07-31", "close": 3.9, "volume": 1294053, "typical_volume": 1468238.2, "trend": 4.252, "fair_value": 5.71141, "relative_strength": -31.671321, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.980271, "energy": 13.811159, "activity_lines": [ 3.822, 3.780545, 3.837048, 3.924301 ] }, { "date": "2026-08-07", "close": 4.3, "volume": 1427455, "typical_volume": 1474281.85, "trend": 4.149333, "fair_value": 5.674359, "relative_strength": -26.928265, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.312436, "energy": 8.025857, "activity_lines": [ 3.974667, 3.876909, 3.877667, 3.927398 ] } ], "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." } } }