{
  "ticker": {
    "uuid": "a7840756-d2cb-42a7-9423-6826b2a1ef82",
    "symbol": "LEXX",
    "name": "Lexaria Bioscience Corp",
    "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": -82.6,
    "architecture_energy": 79.796,
    "architecture_maturity": 44.0,
    "architecture_confidence": 89.562,
    "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": 17.26,
        "rotation_up": 13.14,
        "upward_expansion": 17.65,
        "deceleration": 37.31,
        "rotation_down": 72.04,
        "downward_expansion": 90.98
      },
      "activity_lines": [
        6.916467,
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        8.745526,
        9.519255
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.666667
    },
    "latest_close": 5.27,
    "trend_reference": 10.314867,
    "distance_from_trend": -0.489087,
    "trend_direction": "Weakening",
    "fair_value": 24.249109,
    "distance_from_fair_value": -0.782672,
    "fair_value_direction": "Weakening",
    "relative_strength": -61.881411,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.515402,
    "excess_performance": -0.702856,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.489087,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.151647,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.782672,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.155277,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.618814,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.184557,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.515402,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.307428,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 237553,
      "relative_activity": 0.357978,
      "balance": 0.307428,
      "dry_up": 0.940216,
      "accumulation_observations": 0,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.323785,
      "annualized_volatility": 1.043558,
      "from_high_reference": -0.773333,
      "from_low_reference": 0.251781
    },
    "levels": {
      "trend_reference": 10.314867,
      "fair_value_reference": 24.249109,
      "structural_low": 4.21,
      "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": 34,
        "median_return": -0.031932,
        "positive_rate": 0.411765,
        "directional_follow_through": 0.588235,
        "median_excess_return": -0.017226,
        "regime_survival": 0.852941,
        "best_return": 0.564077,
        "worst_return": -0.33,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 12,
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        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.00048,
        "regime_survival": 0.666667,
        "best_return": 0.370775,
        "worst_return": -0.36875,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
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        "positive_rate": 0.428571,
        "directional_follow_through": 0.571429,
        "median_excess_return": -0.292446,
        "regime_survival": 0.714286,
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        "worst_return": -0.74389,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "regime_survival": 0.333333,
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        "worst_return": -0.472637,
        "sufficient": false
      }
    ],
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        "regime": "balance",
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      {
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      {
        "regime": "upward_expansion",
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      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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      {
        "regime": "upward_expansion",
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      {
        "regime": "deceleration",
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      {
        "regime": "balance",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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        "end": "2025-09-19",
        "tenure": "Extended",
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        "active": false
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        "date": "2026-05-01",
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        "date": "2026-05-15",
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      },
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      },
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        "date": "2026-06-05",
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      },
      {
        "date": "2026-06-26",
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        "energy": 47.589974,
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-10",
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        "relative_strength": -33.739131,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
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        "direction": -56.478161,
        "energy": 41.173656,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 678457.1,
        "trend": 10.62965,
        "fair_value": 24.385519,
        "relative_strength": -31.222783,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.614009,
        "energy": 27.060898,
        "activity_lines": [
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          9.876864,
          10.310581
        ]
      },
      {
        "date": "2026-07-24",
        "close": 8.385,
        "volume": 356898,
        "typical_volume": 652293.45,
        "trend": 10.6437,
        "fair_value": 24.361394,
        "relative_strength": -37.754068,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.0984,
        "energy": 26.0427,
        "activity_lines": [
          8.9294,
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          9.658436,
          10.165765
        ]
      },
      {
        "date": "2026-07-31",
        "close": 5.865,
        "volume": 1455629,
        "typical_volume": 687249.7,
        "trend": 10.5122,
        "fair_value": 24.312442,
        "relative_strength": -56.073281,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.514152,
        "energy": 55.843973,
        "activity_lines": [
          7.9526,
          8.3037,
          9.219279,
          9.857461
        ]
      },
      {
        "date": "2026-08-07",
        "close": 5.27,
        "volume": 237553,
        "typical_volume": 663596.85,
        "trend": 10.314867,
        "fair_value": 24.249109,
        "relative_strength": -61.881411,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.600403,
        "energy": 79.795602,
        "activity_lines": [
          6.916467,
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          8.745526,
          9.519255
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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."
    }
  }
}