{
  "ticker": {
    "uuid": "5b55deea-d390-4846-8337-10d66dced64b",
    "symbol": "BKR",
    "name": "Baker Hughes Co",
    "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": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 56.475,
    "architecture_regime": "rotation_down",
    "architecture_regime_label": "Rotation Down",
    "architecture_modifier": "Supply rotation",
    "architecture_gate": "mixed",
    "architecture_direction": -0.731,
    "architecture_energy": 6.864,
    "architecture_maturity": 36.543,
    "architecture_confidence": 82.594,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating downward.",
        "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion."
      },
      "scores": {
        "balance": 65.04,
        "rotation_up": 36.44,
        "upward_expansion": 21.8,
        "deceleration": 47.84,
        "rotation_down": 23.06,
        "downward_expansion": 33.13
      },
      "activity_lines": [
        59.249928,
        58.212761,
        60.065863,
        60.49608
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.166667
    },
    "latest_close": 61.55,
    "trend_reference": 60.22713,
    "distance_from_trend": 0.021965,
    "trend_direction": "Improving",
    "fair_value": 41.830961,
    "distance_from_fair_value": 0.471398,
    "fair_value_direction": "Weakening",
    "relative_strength": -0.832581,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.052209,
    "excess_performance": -0.135245,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.021965,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.064738,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.471398,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.152667,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.008326,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.092456,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.052209,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.262059,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 32188507,
      "relative_activity": 0.774344,
      "balance": 1.262059,
      "dry_up": 1.093601,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.06821,
      "annualized_volatility": 0.433667,
      "from_high_reference": -0.122868,
      "from_low_reference": 0.484898
    },
    "levels": {
      "trend_reference": 60.22713,
      "fair_value_reference": 41.830961,
      "structural_low": 52.075405,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 7,
        "median_return": 0.049848,
        "positive_rate": 0.857143,
        "directional_follow_through": 0.142857,
        "median_excess_return": 0.055931,
        "regime_survival": 0.571429,
        "best_return": 0.095428,
        "worst_return": -0.1549,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": 0.126531,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.103132,
        "regime_survival": 0.0,
        "best_return": 0.190869,
        "worst_return": -0.190387,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.298627,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.153117,
        "regime_survival": 0.0,
        "best_return": 0.385559,
        "worst_return": 0.06706,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.416087,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.349584,
        "regime_survival": 0.333333,
        "best_return": 0.74024,
        "worst_return": 0.242643,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-03",
        "end": "2025-01-17",
        "tenure": "New",
        "return": 0.090952,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-01-24",
        "end": "2025-03-07",
        "tenure": "Developing",
        "return": -0.0538,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-03-14",
        "end": "2025-03-28",
        "tenure": "New",
        "return": 0.005602,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-04",
        "end": "2025-05-09",
        "tenure": "Developing",
        "return": 0.037011,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-05-16",
        "end": "2025-07-04",
        "tenure": "Developing",
        "return": 0.048955,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-07-11",
        "end": "2025-07-18",
        "tenure": "New",
        "return": -0.024079,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-07-25",
        "end": "2025-09-05",
        "tenure": "Developing",
        "return": -0.005011,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-12",
        "end": "2025-10-24",
        "tenure": "Developing",
        "return": 0.017423,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-31",
        "end": "2025-11-07",
        "tenure": "New",
        "return": -0.006207,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-11-14",
        "end": "2025-12-26",
        "tenure": "Developing",
        "return": -0.071414,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-02",
        "end": "2026-01-16",
        "tenure": "New",
        "return": 0.097794,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-23",
        "end": "2026-06-05",
        "tenure": "Established",
        "return": 0.169208,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-06-12",
        "end": "2026-07-03",
        "tenure": "New",
        "return": -0.167192,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-07-10",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.073315,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-18",
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        "typical_volume": 33289596.25,
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        "relative_strength": 5.504788,
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      },
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      },
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      },
      {
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        "stage": 3,
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 43428977.3,
        "trend": 59.380342,
        "fair_value": 41.477718,
        "relative_strength": -2.444107,
        "stage": 3,
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        "gate": "mixed",
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      },
      {
        "date": "2026-07-31",
        "close": 60.264803,
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        "typical_volume": 43135063.0,
        "trend": 59.829143,
        "fair_value": 41.650699,
        "relative_strength": 2.28079,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.747862,
        "energy": 19.94023,
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        ]
      },
      {
        "date": "2026-08-07",
        "close": 61.55,
        "volume": 32188507,
        "typical_volume": 41568743.7,
        "trend": 60.22713,
        "fair_value": 41.830961,
        "relative_strength": -0.832581,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -0.73143,
        "energy": 6.864456,
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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."
    }
  }
}