{ "ticker": { "uuid": "9ba453f4-c4fa-455d-9b86-9ec7f7038cc3", "symbol": "LEE", "name": "Lee Enterprises Incorporated", "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": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 61.153, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Momentum cooling", "architecture_gate": "mixed", "architecture_direction": -16.801, "architecture_energy": 24.001, "architecture_maturity": 18.058, "architecture_confidence": 45.954, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 52.86, "rotation_up": 16.46, "upward_expansion": 16.17, "deceleration": 58.78, "rotation_down": 56.79, "downward_expansion": 43.5 }, "activity_lines": [ 7.874, 8.228364, 8.629119, 8.57943 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 8.19, "trend_reference": 8.198167, "distance_from_trend": -0.000996, "trend_direction": "Improving", "fair_value": 9.26401, "distance_from_fair_value": -0.115934, "fair_value_direction": "Improving", "relative_strength": 10.343122, "relative_strength_direction": "Weakening", "price_momentum": 0.551136, "excess_performance": 0.363683, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.000996, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.223942, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.115934, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.054924, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.103431, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.017681, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.551136, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.543201, "read": "Supply-led" } ], "volume": { "latest": 270579, "relative_activity": 0.871499, "balance": 0.543201, "dry_up": 0.902376, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.184538, "annualized_volatility": 0.669235, "from_high_reference": -0.310606, "from_low_reference": 1.452096 }, "levels": { "trend_reference": 8.198167, "fair_value_reference": 9.26401, "structural_low": 5.09, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 9, "median_return": -0.129009, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.089339, "regime_survival": 0.444444, "best_return": 0.134328, "worst_return": -0.275368, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.334916, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.297051, "regime_survival": 0.0, "best_return": -0.053012, "worst_return": -0.480198, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.444572, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.399507, "regime_survival": 0.0, "best_return": 0.330612, "worst_return": -0.597772, "sufficient": false }, { "horizon": 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"deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-13", "end": "2025-02-14", "tenure": "Developing", "return": -0.290842, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-21", "end": "2025-03-21", "tenure": "Developing", "return": -0.008621, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-28", "end": "2026-01-09", "tenure": "Extended", "return": -0.514563, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-16", "end": "2026-01-23", "tenure": "New", "return": 0.078585, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-30", "end": "2026-02-13", "tenure": "New", "return": 0.309298, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-20", "end": "2026-04-10", "tenure": 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"gate": "up", "direction": 16.703349, "energy": 16.77609, "activity_lines": [ 8.729333, 9.182364, 9.00331, 8.606118 ] }, { "date": "2026-07-17", "close": 7.86, "volume": 270566, "typical_volume": 373031.25, "trend": 7.862833, "fair_value": 9.360328, "relative_strength": 11.942672, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.024273, "energy": 17.645914, "activity_lines": [ 8.348667, 8.932, 8.904048, 8.615032 ] }, { "date": "2026-07-24", "close": 7.47, "volume": 252404, "typical_volume": 342238.75, "trend": 7.987167, "fair_value": 9.318404, "relative_strength": 7.667016, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.047484, "energy": 26.937806, "activity_lines": [ 7.972667, 8.612909, 8.771595, 8.589688 ] }, { "date": "2026-07-31", "close": 7.73, "volume": 327113, "typical_volume": 323477.05, "trend": 8.091833, "fair_value": 9.285965, "relative_strength": 10.214543, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.637353, "energy": 25.994301, "activity_lines": [ 7.804, 8.363636, 8.674429, 8.573097 ] }, { "date": "2026-08-07", "close": 8.19, "volume": 270579, "typical_volume": 310475.45, "trend": 8.198167, "fair_value": 9.26401, "relative_strength": 10.343122, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -16.801051, "energy": 24.000914, "activity_lines": [ 7.874, 8.228364, 8.629119, 8.57943 ] } ], "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." } } }