{
  "ticker": {
    "uuid": "88a8091e-13f7-4ecd-95ab-57f2eff812af",
    "symbol": "PLUR",
    "name": "Pluri 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": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -62.439,
    "architecture_energy": 53.808,
    "architecture_maturity": 54.178,
    "architecture_confidence": 96,
    "architecture_tenure": "Developing",
    "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": 8.05,
        "rotation_up": 22.95,
        "upward_expansion": 8.98,
        "deceleration": 53.73,
        "rotation_down": 56.3,
        "downward_expansion": 82.31
      },
      "activity_lines": [
        1.738333,
        1.842458,
        2.207449,
        2.501433
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.666667
    },
    "latest_close": 1.82,
    "trend_reference": 2.845043,
    "distance_from_trend": -0.360291,
    "trend_direction": "Weakening",
    "fair_value": 4.554745,
    "distance_from_fair_value": -0.600417,
    "fair_value_direction": "Weakening",
    "relative_strength": -53.672156,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.475504,
    "excess_performance": -0.662958,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.360291,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.141908,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.600417,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.309574,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.536722,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.241536,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.475504,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.452048,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 107457,
      "relative_activity": 1.157738,
      "balance": 0.452048,
      "dry_up": 1.580886,
      "accumulation_observations": 3,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.254768,
      "annualized_volatility": 0.718603,
      "from_high_reference": -0.679577,
      "from_low_reference": 0.255172
    },
    "levels": {
      "trend_reference": 2.845043,
      "fair_value_reference": 4.554745,
      "structural_low": 1.45,
      "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": 39,
        "median_return": -0.062793,
        "positive_rate": 0.384615,
        "directional_follow_through": 0.615385,
        "median_excess_return": -0.028685,
        "regime_survival": 0.846154,
        "best_return": 0.354614,
        "worst_return": -0.27881,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 13,
        "median_return": -0.06713,
        "positive_rate": 0.384615,
        "directional_follow_through": 0.615385,
        "median_excess_return": -0.147361,
        "regime_survival": 0.615385,
        "best_return": 0.5505,
        "worst_return": -0.409639,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": -0.151579,
        "positive_rate": 0.285714,
        "directional_follow_through": 0.714286,
        "median_excess_return": -0.131989,
        "regime_survival": 0.428571,
        "best_return": 0.059271,
        "worst_return": -0.608,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": -0.270677,
        "positive_rate": 0.25,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.414374,
        "regime_survival": 0.5,
        "best_return": 0.003333,
        "worst_return": -0.645333,
        "sufficient": false
      }
    ],
    "ledger": [
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        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-10-18",
        "end": "2024-11-29",
        "tenure": "Developing",
        "return": 0.178947,
        "active": false
      },
      {
        "regime": "balance",
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      {
        "regime": "downward_expansion",
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        "return": 0.174404,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "return": 0.117032,
        "active": false
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      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2025-09-12",
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        "return": -0.050635,
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      {
        "regime": "balance",
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        "return": 0.002543,
        "active": false
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        "regime": "rotation_down",
        "label": "Rotation Down",
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        "return": -0.110645,
        "active": false
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      {
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        "activity_lines": [
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      },
      {
        "date": "2026-05-01",
        "close": 3.35,
        "volume": 6229,
        "typical_volume": 57565.85,
        "trend": 3.47842,
        "fair_value": 4.938101,
        "relative_strength": -29.86619,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
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        "energy": 13.472113,
        "activity_lines": [
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      },
      {
        "date": "2026-05-08",
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        "typical_volume": 49779.2,
        "trend": 3.448413,
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      },
      {
        "date": "2026-05-15",
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        "typical_volume": 41207.9,
        "trend": 3.41908,
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        "relative_strength": -30.611005,
        "stage": 4,
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        "gate": "down",
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        "activity_lines": [
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      },
      {
        "date": "2026-05-22",
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        "typical_volume": 44772.95,
        "trend": 3.368213,
        "fair_value": 4.869236,
        "relative_strength": -50.939288,
        "stage": 4,
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        "modifier": "Early contraction",
        "gate": "down",
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        "energy": 58.037087,
        "activity_lines": [
          3.056667,
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      },
      {
        "date": "2026-05-29",
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        "typical_volume": 45449.65,
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      },
      {
        "date": "2026-06-05",
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        "volume": 94721,
        "typical_volume": 48557.85,
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        "fair_value": 4.810518,
        "relative_strength": -48.738254,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
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        "energy": 80.284053,
        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
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        "volume": 40246,
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        "modifier": "Early contraction",
        "gate": "down",
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        "energy": 83.758538,
        "activity_lines": [
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      },
      {
        "date": "2026-06-19",
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        "modifier": "Early contraction",
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        "energy": 87.43883,
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      },
      {
        "date": "2026-06-26",
        "close": 2.0313,
        "volume": 50107,
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        "fair_value": 4.720675,
        "relative_strength": -53.772276,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.190078,
        "energy": 84.879421,
        "activity_lines": [
          2.1391,
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          2.799671,
          2.964826
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      },
      {
        "date": "2026-07-03",
        "close": 2.11,
        "volume": 14542,
        "typical_volume": 44157.65,
        "trend": 3.07521,
        "fair_value": 4.695739,
        "relative_strength": -51.265039,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.19353,
        "energy": 76.431222,
        "activity_lines": [
          2.109013,
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          2.710022,
          2.900038
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      },
      {
        "date": "2026-07-10",
        "close": 1.715,
        "volume": 543444,
        "typical_volume": 69416.8,
        "trend": 3.02971,
        "fair_value": 4.668271,
        "relative_strength": -60.180076,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.944758,
        "energy": 68.884131,
        "activity_lines": [
          1.96126,
          2.155953,
          2.589659,
          2.812283
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      },
      {
        "date": "2026-07-17",
        "close": 1.86,
        "volume": 251579,
        "typical_volume": 80472.0,
        "trend": 2.978377,
        "fair_value": 4.639168,
        "relative_strength": -53.950765,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.766365,
        "energy": 59.668926,
        "activity_lines": [
          1.90484,
          2.056765,
          2.492367,
          2.736817
        ]
      },
      {
        "date": "2026-07-24",
        "close": 1.78,
        "volume": 132918,
        "typical_volume": 86038.7,
        "trend": 2.934043,
        "fair_value": 4.611091,
        "relative_strength": -54.22608,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.001077,
        "energy": 59.757544,
        "activity_lines": [
          1.849087,
          1.972578,
          2.395742,
          2.659503
        ]
      },
      {
        "date": "2026-07-31",
        "close": 1.55,
        "volume": 94974,
        "typical_volume": 89357.3,
        "trend": 2.886043,
        "fair_value": 4.580514,
        "relative_strength": -59.383068,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.883762,
        "energy": 62.322684,
        "activity_lines": [
          1.732667,
          1.875482,
          2.284355,
          2.57021
        ]
      },
      {
        "date": "2026-08-07",
        "close": 1.82,
        "volume": 107457,
        "typical_volume": 92816.3,
        "trend": 2.845043,
        "fair_value": 4.554745,
        "relative_strength": -53.672156,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.438848,
        "energy": 53.808408,
        "activity_lines": [
          1.738333,
          1.842458,
          2.207449,
          2.501433
        ]
      }
    ],
    "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."
    }
  }
}