{
  "ticker": {
    "uuid": "74973f72-5c10-4398-bbcf-bdf77a6eea8d",
    "symbol": "AKAM",
    "name": "Akamai Technologies Inc",
    "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": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 53.643,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": -5.203,
    "architecture_energy": 15.757,
    "architecture_maturity": 31.675,
    "architecture_confidence": 83.198,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 53.01,
        "rotation_up": 16.03,
        "upward_expansion": 41.44,
        "deceleration": 77.35,
        "rotation_down": 43.11,
        "downward_expansion": 37.78
      },
      "activity_lines": [
        115.073333,
        117.700182,
        123.138905,
        120.126645
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.666667
    },
    "latest_close": 110.54,
    "trend_reference": 114.634667,
    "distance_from_trend": -0.035719,
    "trend_direction": "Improving",
    "fair_value": 98.095673,
    "distance_from_fair_value": 0.126859,
    "fair_value_direction": "Weakening",
    "relative_strength": -2.705454,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.1626,
    "excess_performance": -0.024854,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.035719,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.114021,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.126859,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.426565,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.027055,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.433078,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.1626,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.360674,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 24461864,
      "relative_activity": 1.034317,
      "balance": 0.360674,
      "dry_up": 0.760148,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.135235,
      "annualized_volatility": 0.787418,
      "from_high_reference": -0.331883,
      "from_low_reference": 0.569725
    },
    "levels": {
      "trend_reference": 114.634667,
      "fair_value_reference": 98.095673,
      "structural_low": 88.5,
      "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": 0.002168,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.001098,
        "regime_survival": 0.333333,
        "best_return": 0.130199,
        "worst_return": -0.019976,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.072159,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.033405,
        "regime_survival": 0.0,
        "best_return": 0.154788,
        "worst_return": -0.16328,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.06123,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.017038,
        "regime_survival": 0.0,
        "best_return": 0.279246,
        "worst_return": -0.076197,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.074567,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.142801,
        "regime_survival": 0.0,
        "best_return": 0.030546,
        "worst_return": -0.179679,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2024-03-08",
        "tenure": "New",
        "return": 0.006894,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-03-15",
        "end": "2024-04-26",
        "tenure": "Developing",
        "return": -0.051935,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-05-03",
        "end": "2024-08-09",
        "tenure": "Established",
        "return": 0.018461,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-16",
        "end": "2024-08-23",
        "tenure": "New",
        "return": 0.013234,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2024-10-18",
        "tenure": "Developing",
        "return": 0.047427,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2024-11-01",
        "tenure": "New",
        "return": -0.01373,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "end": "2024-12-13",
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        "return": 0.11044,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-02-14",
        "tenure": "Developing",
        "return": 0.042966,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-02-21",
        "end": "2025-07-04",
        "tenure": "Established",
        "return": 0.03584,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "tenure": "Developing",
        "return": -0.088524,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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        "tenure": "New",
        "return": 0.063289,
        "active": false
      },
      {
        "regime": "balance",
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      },
      {
        "regime": "upward_expansion",
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      {
        "regime": "deceleration",
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        "active": true
      }
    ],
    "chart_path": [
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      },
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 24153610.65,
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        "fair_value": 97.911378,
        "relative_strength": 8.128562,
        "stage": 2,
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      },
      {
        "date": "2026-07-31",
        "close": 115.18,
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        "typical_volume": 23970276.35,
        "trend": 113.887333,
        "fair_value": 98.055929,
        "relative_strength": 6.930208,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.422258,
        "energy": 9.666997,
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      },
      {
        "date": "2026-08-07",
        "close": 110.54,
        "volume": 24461864,
        "typical_volume": 23650247.3,
        "trend": 114.634667,
        "fair_value": 98.095673,
        "relative_strength": -2.705454,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -5.203306,
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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."
    }
  }
}