{ "ticker": { "uuid": "77ad6b74-b62b-4d77-8b2f-15dc09eea8f4", "symbol": "ZD", "name": "Ziff Davis 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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 68.986, "architecture_energy": 56.848, "architecture_maturity": 39.409, "architecture_confidence": 87.188, "architecture_tenure": "Developing", "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": 7.49, "rotation_up": 66.59, "upward_expansion": 84.29, "deceleration": 57.92, "rotation_down": 17.96, "downward_expansion": 8.63 }, "activity_lines": [ 53.107333, 52.007455, 49.19481, 46.854215 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 53.87, "trend_reference": 43.504333, "distance_from_trend": 0.238267, "trend_direction": "Improving", "fair_value": 48.015545, "distance_from_fair_value": 0.121928, "fair_value_direction": "Improving", "relative_strength": 17.959049, "relative_strength_direction": "Improving", "price_momentum": 0.60758, "excess_performance": 0.420126, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.238267, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.144981, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.121928, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.294626, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.17959, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.230513, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.60758, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.38778, "read": "Demand-led" } ], "volume": { "latest": 4165486, "relative_activity": 1.375572, "balance": 2.38778, "dry_up": 0.977678, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.073392, "annualized_volatility": 0.742947, "from_high_reference": -0.072167, "from_low_reference": 1.399555 }, "levels": { "trend_reference": 43.504333, "fair_value_reference": 48.015545, "structural_low": 22.45, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 15, "median_return": -0.022076, "positive_rate": 0.266667, "directional_follow_through": 0.266667, "median_excess_return": -0.065949, "regime_survival": 0.466667, "best_return": 0.172713, "worst_return": -0.169653, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.130842, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.1554, "regime_survival": 0.25, "best_return": 0.213938, "worst_return": -0.255474, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.325136, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.420818, "regime_survival": 0.2, "best_return": 0.100102, "worst_return": -0.440449, "sufficient": true }, { "horizon": "Full cycle", 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"modifier": "Re-accelerating", "gate": "up", "direction": 79.383107, "energy": 87.37268, "activity_lines": [ 52.185333, 49.738909, 47.250762, 44.815269 ] }, { "date": "2026-07-24", "close": 51.6, "volume": 2977105, "typical_volume": 3300828.55, "trend": 42.278333, "fair_value": 48.20484, "relative_strength": 20.649754, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.016006, "energy": 76.915384, "activity_lines": [ 52.382667, 50.459091, 47.83081, 45.450538 ] }, { "date": "2026-07-31", "close": 53.08, "volume": 2228448, "typical_volume": 3163052.1, "trend": 42.914667, "fair_value": 48.104519, "relative_strength": 22.537957, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.620753, "energy": 63.684507, "activity_lines": [ 52.702, 51.246727, 48.507619, 46.147419 ] }, { "date": "2026-08-07", "close": 53.87, "volume": 4165486, "typical_volume": 3028185.2, "trend": 43.504333, "fair_value": 48.015545, "relative_strength": 17.959049, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.986434, "energy": 56.847594, "activity_lines": [ 53.107333, 52.007455, 49.19481, 46.854215 ] } ], "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." } } }