{
  "ticker": {
    "uuid": "79c4a9ca-aabc-42c1-af86-6e1a6cdbb7a4",
    "symbol": "LZ",
    "name": "LegalZoom.com 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": 1,
    "stage_name": "Basing",
    "phase": "1a",
    "phase_label": "Stage 1A \u00b7 Bottoming",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 96.0,
    "architecture_regime": "rotation_up",
    "architecture_regime_label": "Rotation Up",
    "architecture_modifier": "Emerging rotation",
    "architecture_gate": "mixed",
    "architecture_direction": 7.268,
    "architecture_energy": 16.133,
    "architecture_maturity": 17.187,
    "architecture_confidence": 51.745,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating upward.",
        "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair."
      },
      "scores": {
        "balance": 54.61,
        "rotation_up": 48.4,
        "upward_expansion": 47.96,
        "deceleration": 35.42,
        "rotation_down": 24.01,
        "downward_expansion": 10.96
      },
      "activity_lines": [
        6.970667,
        6.844545,
        6.565333,
        6.51486
      ],
      "activity_state": "Compressed",
      "activity_direction": "Stable",
      "rotation_direction": "Improving",
      "price_acceptance": 0.5
    },
    "latest_close": 5.77,
    "trend_reference": 6.708,
    "distance_from_trend": -0.139833,
    "trend_direction": "Weakening",
    "fair_value": 8.899391,
    "distance_from_fair_value": -0.351641,
    "fair_value_direction": "Weakening",
    "relative_strength": -39.043944,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.28323,
    "excess_performance": -0.470683,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.139833,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.13838,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.351641,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.003162,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.390439,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.035556,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.28323,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.98646,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 25903703,
      "relative_activity": 1.887723,
      "balance": 0.98646,
      "dry_up": 1.059345,
      "accumulation_observations": 3,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.174709,
      "annualized_volatility": 0.712114,
      "from_high_reference": -0.534677,
      "from_low_reference": 0.105364
    },
    "levels": {
      "trend_reference": 6.708,
      "fair_value_reference": 8.899391,
      "structural_low": 5.22,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 2,
        "median_return": -0.012085,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.025045,
        "regime_survival": 0.5,
        "best_return": 0.043984,
        "worst_return": -0.068154,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": 0.187581,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.102116,
        "regime_survival": 0.0,
        "best_return": 0.187581,
        "worst_return": 0.187581,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 1,
        "median_return": 0.201811,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.148376,
        "regime_survival": 0.0,
        "best_return": 0.201811,
        "worst_return": 0.201811,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": 0.294955,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.062289,
        "regime_survival": 0.0,
        "best_return": 0.294955,
        "worst_return": 0.294955,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-12-27",
        "end": "2025-01-03",
        "tenure": "New",
        "return": -0.011509,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-10",
        "end": "2025-01-24",
        "tenure": "New",
        "return": 0.121011,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-01-31",
        "end": "2025-03-28",
        "tenure": "Developing",
        "return": -0.020022,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-04-04",
        "end": "2025-04-18",
        "tenure": "New",
        "return": -0.114796,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-25",
        "end": "2025-05-09",
        "tenure": "New",
        "return": 0.270042,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-16",
        "end": "2025-06-06",
        "tenure": "New",
        "return": -0.012917,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-06-13",
        "end": "2025-07-11",
        "tenure": "Developing",
        "return": 0.019451,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-07-18",
        "end": "2025-08-01",
        "tenure": "New",
        "return": -0.020339,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-08",
        "end": "2025-10-10",
        "tenure": "Developing",
        "return": -0.123862,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-17",
        "end": "2025-12-26",
        "tenure": "Developing",
        "return": 0.016129,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-02",
        "end": "2026-01-23",
        "tenure": "New",
        "return": -0.085506,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-30",
        "end": "2026-07-03",
        "tenure": "Established",
        "return": -0.221597,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-07-10",
        "end": "2026-07-17",
        "tenure": "New",
        "return": 0.064828,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": -0.196379,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-18",
        "close": 12.08,
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        "typical_volume": 5825534.7,
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      },
      {
        "date": "2023-08-25",
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      },
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      },
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      },
      {
        "date": "2023-09-15",
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      },
      {
        "date": "2023-09-22",
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      },
      {
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      },
      {
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      },
      {
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        "stage": 1,
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        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 35.387336,
        "energy": 37.096322,
        "activity_lines": [
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 13088821.0,
        "trend": 6.919,
        "fair_value": 8.991955,
        "relative_strength": -21.628224,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 21.170105,
        "energy": 39.586104,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 7.87,
        "volume": 9942925,
        "typical_volume": 13078361.3,
        "trend": 6.861667,
        "fair_value": 8.943173,
        "relative_strength": -14.038746,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 44.205429,
        "energy": 62.3253,
        "activity_lines": [
          7.51,
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        ]
      },
      {
        "date": "2026-08-07",
        "close": 5.77,
        "volume": 25903703,
        "typical_volume": 13722192.8,
        "trend": 6.708,
        "fair_value": 8.899391,
        "relative_strength": -39.043944,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 7.268065,
        "energy": 16.132749,
        "activity_lines": [
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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."
    }
  }
}