{ "ticker": { "uuid": "9b30629d-9411-46c8-91ae-fc7bf3e021b5", "symbol": "EXTR", "name": "Extreme Networks 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": "Established expansion", "architecture_gate": "up", "architecture_direction": 27.49, "architecture_energy": 21.986, "architecture_maturity": 87.156, "architecture_confidence": 90.406, "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": 37.15, "rotation_up": 21.38, "upward_expansion": 58.09, "deceleration": 91.16, "rotation_down": 31.43, "downward_expansion": 24.09 }, "activity_lines": [ 28.218, 29.488364, 27.960286, 25.224366 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 23.97, "trend_reference": 21.752333, "distance_from_trend": 0.101951, "trend_direction": "Improving", "fair_value": 17.397821, "distance_from_fair_value": 0.377759, "fair_value_direction": "Weakening", "relative_strength": 3.169878, "relative_strength_direction": "Weakening", "price_momentum": 0.572835, "excess_performance": 0.385381, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.101951, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.247446, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.377759, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.029313, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.031699, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.100047, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.572835, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.444778, "read": "Demand-led" } ], "volume": { "latest": 13209040, "relative_activity": 1.200952, "balance": 2.444778, "dry_up": 0.849942, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.143593, "annualized_volatility": 0.597959, "from_high_reference": -0.289357, "from_low_reference": 0.77885 }, "levels": { "trend_reference": 21.752333, "fair_value_reference": 17.397821, "structural_low": 13.475, 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"trend": 20.600333, "fair_value": 17.438526, "relative_strength": 37.624606, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.843412, "energy": 63.13877, "activity_lines": [ 31.386667, 30.521273, 26.877048, 23.901462 ] }, { "date": "2026-07-24", "close": 29.49, "volume": 6961656, "typical_volume": 10776119.55, "trend": 21.020667, "fair_value": 17.452949, "relative_strength": 35.000061, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.553259, "energy": 56.29841, "activity_lines": [ 30.752, 30.558182, 27.46681, 24.474989 ] }, { "date": "2026-07-31", "close": 30.14, "volume": 6884239, "typical_volume": 10783085.55, "trend": 21.474, "fair_value": 17.451026, "relative_strength": 36.194965, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.622418, "energy": 50.962046, "activity_lines": [ 30.46, 30.625455, 28.044619, 25.063333 ] }, { "date": "2026-08-07", "close": 23.97, "volume": 13209040, "typical_volume": 10998805.8, "trend": 21.752333, "fair_value": 17.397821, "relative_strength": 3.169878, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.490349, "energy": 21.986442, "activity_lines": [ 28.218, 29.488364, 27.960286, 25.224366 ] } ], "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." } } }