{
  "ticker": {
    "uuid": "71b336d5-af5a-4e47-86f1-520f646b7fd0",
    "symbol": "AMWL",
    "name": "American Well\u00a0Corp",
    "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": 2,
    "stage_name": "Advancing",
    "phase": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 84.441,
    "architecture_energy": 79.21,
    "architecture_maturity": 52.0,
    "architecture_confidence": 77.212,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 9.44,
        "rotation_up": 77.97,
        "upward_expansion": 88.86,
        "deceleration": 49.27,
        "rotation_down": 10.63,
        "downward_expansion": 15.53
      },
      "activity_lines": [
        11.96,
        11.011636,
        9.726571,
        8.692473
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 13.52,
    "trend_reference": 7.405667,
    "distance_from_trend": 0.825629,
    "trend_direction": "Improving",
    "fair_value": 11.177372,
    "distance_from_fair_value": 0.209587,
    "fair_value_direction": "Improving",
    "relative_strength": 85.16808,
    "relative_strength_direction": "Improving",
    "price_momentum": 2.045045,
    "excess_performance": 1.91942,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.825629,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.358589,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.209587,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.638127,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.851681,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.682627,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 2.045045,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.995979,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1071153,
      "relative_activity": 2.254216,
      "balance": 1.995979,
      "dry_up": 1.864539,
      "accumulation_observations": 5,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.126073,
      "annualized_volatility": 0.86348,
      "from_high_reference": -0.047216,
      "from_low_reference": 2.644205
    },
    "levels": {
      "trend_reference": 7.405667,
      "fair_value_reference": 11.177372,
      "structural_low": 4.18,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 6,
        "median_return": -0.016244,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.023178,
        "regime_survival": 0.666667,
        "best_return": 0.569395,
        "worst_return": -0.266725,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": -0.141876,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
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        "regime_survival": 0.333333,
        "best_return": 0.838435,
        "worst_return": -0.397887,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": -0.248227,
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        "regime_survival": 0.0,
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        "worst_return": -0.359155,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.653548,
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        "worst_return": -0.697941,
        "sufficient": false
      }
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        "regime": "upward_expansion",
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      {
        "regime": "deceleration",
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        "date": "2026-05-08",
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      },
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-10",
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        "fair_value": 11.911282,
        "relative_strength": 43.137417,
        "stage": 1,
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      },
      {
        "date": "2026-07-17",
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        "volume": 1307911,
        "typical_volume": 418495.55,
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        "fair_value": 11.715321,
        "relative_strength": 92.154851,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 94.338012,
        "energy": 83.993142,
        "activity_lines": [
          10.69,
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          8.632,
          7.769892
        ]
      },
      {
        "date": "2026-07-24",
        "close": 10.81,
        "volume": 829152,
        "typical_volume": 434113.45,
        "trend": 6.930667,
        "fair_value": 11.484615,
        "relative_strength": 57.798403,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.921964,
        "energy": 67.529346,
        "activity_lines": [
          10.959333,
          10.152909,
          8.937857,
          8.033634
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      },
      {
        "date": "2026-07-31",
        "close": 10.75,
        "volume": 335733,
        "typical_volume": 432853.15,
        "trend": 7.127333,
        "fair_value": 11.290705,
        "relative_strength": 54.264106,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.715813,
        "energy": 66.847042,
        "activity_lines": [
          11.05,
          10.355818,
          9.212524,
          8.280043
        ]
      },
      {
        "date": "2026-08-07",
        "close": 13.52,
        "volume": 1071153,
        "typical_volume": 475177.55,
        "trend": 7.405667,
        "fair_value": 11.177372,
        "relative_strength": 85.16808,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.440812,
        "energy": 79.2095,
        "activity_lines": [
          11.96,
          11.011636,
          9.726571,
          8.692473
        ]
      }
    ],
    "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."
    }
  }
}