{
  "ticker": {
    "uuid": "7a75f9c4-6c06-4196-b76a-3dca72c1f3c9",
    "symbol": "MDXG",
    "name": "MiMedx Group 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": 4,
    "stage_name": "Declining",
    "phase": "4c",
    "phase_label": "Stage 4C \u00b7 Repair watch",
    "transition": "stage_4_to_1_watch",
    "transition_label": "Stage 4 \u2192 1 repair watch",
    "confidence": 60.531,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "mixed",
    "architecture_direction": 29.816,
    "architecture_energy": 42.354,
    "architecture_maturity": 81.871,
    "architecture_confidence": 70.658,
    "architecture_tenure": "Extended",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 33.64,
        "rotation_up": 64.44,
        "upward_expansion": 44.4,
        "deceleration": 22.92,
        "rotation_down": 14.94,
        "downward_expansion": 26.06
      },
      "activity_lines": [
        4.235333,
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        3.92981,
        3.978817
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      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 4.34,
    "trend_reference": 4.189167,
    "distance_from_trend": 0.036006,
    "trend_direction": "Weakening",
    "fair_value": 6.711603,
    "distance_from_fair_value": -0.353359,
    "fair_value_direction": "Improving",
    "relative_strength": -30.443981,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.157282,
    "excess_performance": -0.344735,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.036006,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.188382,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.353359,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.127684,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.30444,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.202514,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.157282,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.887651,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 7896369,
      "relative_activity": 1.097276,
      "balance": 1.887651,
      "dry_up": 1.07755,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.077083,
      "annualized_volatility": 0.334856,
      "from_high_reference": -0.455458,
      "from_low_reference": 0.434711
    },
    "levels": {
      "trend_reference": 4.189167,
      "fair_value_reference": 6.711603,
      "structural_low": 3.025,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 30,
        "median_return": -0.012745,
        "positive_rate": 0.4,
        "directional_follow_through": 0.566667,
        "median_excess_return": -0.032293,
        "regime_survival": 0.833333,
        "best_return": 0.594502,
        "worst_return": -0.203095,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
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        "positive_rate": 0.3,
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        "regime_survival": 0.7,
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        "worst_return": -0.347909,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
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        "worst_return": -0.35503,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
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        "worst_return": -0.572485,
        "sufficient": false
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    ],
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      {
        "regime": "balance",
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      {
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        "regime": "deceleration",
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        "active": false
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      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "tenure": "Established",
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        "active": false
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        "regime": "balance",
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 6746847.0,
        "trend": 4.416167,
        "fair_value": 6.779423,
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        "stage": 4,
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        "modifier": "Established contraction",
        "gate": "down",
        "direction": 10.459314,
        "energy": 24.828911,
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          4.088,
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          3.817452,
          3.999473
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      },
      {
        "date": "2026-07-24",
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        "volume": 4317933,
        "typical_volume": 6758187.2,
        "trend": 4.326167,
        "fair_value": 6.755256,
        "relative_strength": -30.908052,
        "stage": 4,
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        "modifier": "Established contraction",
        "gate": "down",
        "direction": 4.765646,
        "energy": 25.429353,
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          4.157333,
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          3.851333,
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      },
      {
        "date": "2026-07-31",
        "close": 4.13,
        "volume": 12820180,
        "typical_volume": 7186154.1,
        "trend": 4.247833,
        "fair_value": 6.732179,
        "relative_strength": -31.395598,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 2.012305,
        "energy": 24.888762,
        "activity_lines": [
          4.168,
          4.041091,
          3.879976,
          3.972871
        ]
      },
      {
        "date": "2026-08-07",
        "close": 4.34,
        "volume": 7896369,
        "typical_volume": 7196335.35,
        "trend": 4.189167,
        "fair_value": 6.711603,
        "relative_strength": -30.443981,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 29.81603,
        "energy": 42.353677,
        "activity_lines": [
          4.235333,
          4.115455,
          3.92981,
          3.978817
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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."
    }
  }
}