{
  "ticker": {
    "uuid": "a5f542f0-72e2-4be0-bfd4-2c8f72320b59",
    "symbol": "MGNI",
    "name": "Magnite 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": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 91.1,
    "architecture_energy": 70.527,
    "architecture_maturity": 42.175,
    "architecture_confidence": 80.914,
    "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": 12.05,
        "rotation_up": 71.51,
        "upward_expansion": 84.66,
        "deceleration": 65.77,
        "rotation_down": 16.83,
        "downward_expansion": 11.33
      },
      "activity_lines": [
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        16.435484
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 24.72,
    "trend_reference": 15.052333,
    "distance_from_trend": 0.64227,
    "trend_direction": "Improving",
    "fair_value": 14.182949,
    "distance_from_fair_value": 0.742938,
    "fair_value_direction": "Improving",
    "relative_strength": 28.775646,
    "relative_strength_direction": "Improving",
    "price_momentum": 1.189548,
    "excess_performance": 1.002095,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.64227,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.085988,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.742938,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.71961,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.287756,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.616002,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 1.189548,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.506328,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 21086021,
      "relative_activity": 1.6346,
      "balance": 2.506328,
      "dry_up": 0.982459,
      "accumulation_observations": 4,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.088499,
      "annualized_volatility": 0.57394,
      "from_high_reference": -0.07242,
      "from_low_reference": 1.284658
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    "levels": {
      "trend_reference": 15.052333,
      "fair_value_reference": 14.182949,
      "structural_low": 10.82,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 18,
        "median_return": -0.020499,
        "positive_rate": 0.388889,
        "directional_follow_through": 0.388889,
        "median_excess_return": -0.058923,
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        "worst_return": -0.465789,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "sufficient": true
      },
      {
        "horizon": "Extended",
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        "sufficient": false
      },
      {
        "horizon": "Full cycle",
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        "sufficient": false
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        "regime": "downward_expansion",
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        "date": "2026-04-24",
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        "date": "2026-05-01",
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      },
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        "date": "2026-05-08",
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        "date": "2026-05-15",
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      },
      {
        "date": "2026-05-22",
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      },
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        "date": "2026-05-29",
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      },
      {
        "date": "2026-06-05",
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        "stage": 1,
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        "energy": 25.934459,
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      },
      {
        "date": "2026-06-12",
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        "typical_volume": 11626008.25,
        "trend": 13.916667,
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      },
      {
        "date": "2026-06-19",
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        "relative_strength": -14.429785,
        "stage": 1,
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      },
      {
        "date": "2026-06-26",
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        "volume": 18395077,
        "typical_volume": 12336904.15,
        "trend": 14.178333,
        "fair_value": 13.918782,
        "relative_strength": -5.410707,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 58.709374,
        "energy": 78.995154,
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      },
      {
        "date": "2026-07-03",
        "close": 20.38,
        "volume": 11802972,
        "typical_volume": 12385776.55,
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        "fair_value": 13.964167,
        "relative_strength": 3.1526,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 89.799803,
        "energy": 94.908332,
        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
        "close": 20.34,
        "volume": 15486020,
        "typical_volume": 12855433.1,
        "trend": 14.504,
        "fair_value": 13.997115,
        "relative_strength": 2.026862,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.927654,
        "energy": 92.307489,
        "activity_lines": [
          19.429333,
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      },
      {
        "date": "2026-07-17",
        "close": 19.0,
        "volume": 8478005,
        "typical_volume": 12303264.5,
        "trend": 14.590667,
        "fair_value": 14.02609,
        "relative_strength": 0.600229,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.657778,
        "energy": 86.83528,
        "activity_lines": [
          19.523333,
          18.122364,
          16.144524,
          15.241118
        ]
      },
      {
        "date": "2026-07-24",
        "close": 18.51,
        "volume": 12065994,
        "typical_volume": 12341218.7,
        "trend": 14.659333,
        "fair_value": 14.048141,
        "relative_strength": 0.638008,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.512226,
        "energy": 75.827154,
        "activity_lines": [
          19.270667,
          18.440182,
          16.498143,
          15.493978
        ]
      },
      {
        "date": "2026-07-31",
        "close": 19.3,
        "volume": 9064071,
        "typical_volume": 12398844.3,
        "trend": 14.767333,
        "fair_value": 14.076538,
        "relative_strength": 5.275381,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.55141,
        "energy": 58.245357,
        "activity_lines": [
          19.24,
          18.798182,
          16.905524,
          15.793376
        ]
      },
      {
        "date": "2026-08-07",
        "close": 24.72,
        "volume": 21086021,
        "typical_volume": 12899802.7,
        "trend": 15.052333,
        "fair_value": 14.182949,
        "relative_strength": 28.775646,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.099878,
        "energy": 70.526539,
        "activity_lines": [
          20.978,
          20.030727,
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          16.435484
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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."
    }
  }
}