{
  "ticker": {
    "uuid": "b3edcd17-085e-402e-bad7-9741fea7034a",
    "symbol": "RNXT",
    "name": "RenovoRx 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": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 74.05,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "mixed",
    "architecture_direction": 35.559,
    "architecture_energy": 37.206,
    "architecture_maturity": 52.177,
    "architecture_confidence": 64.036,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 35.29,
        "rotation_up": 57.42,
        "upward_expansion": 48.28,
        "deceleration": 20.83,
        "rotation_down": 23.33,
        "downward_expansion": 25.61
      },
      "activity_lines": [
        0.97932,
        0.946904,
        0.92251,
        0.923577
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.333333
    },
    "latest_close": 1.12,
    "trend_reference": 0.931617,
    "distance_from_trend": 0.202211,
    "trend_direction": "Improving",
    "fair_value": 1.13246,
    "distance_from_fair_value": -0.011002,
    "fair_value_direction": "Improving",
    "relative_strength": -0.245922,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.131313,
    "excess_performance": -0.05614,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.202211,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.006221,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.011002,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.283295,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.002459,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.332718,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.131313,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.664666,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 2433832,
      "relative_activity": 1.633393,
      "balance": 1.664666,
      "dry_up": 0.919685,
      "accumulation_observations": 4,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.102665,
      "annualized_volatility": 0.589544,
      "from_high_reference": -0.227586,
      "from_low_reference": 0.59863
    },
    "levels": {
      "trend_reference": 0.931617,
      "fair_value_reference": 1.13246,
      "structural_low": 0.77,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 17,
        "median_return": 0.007092,
        "positive_rate": 0.529412,
        "directional_follow_through": 0.529412,
        "median_excess_return": -0.016226,
        "regime_survival": 0.588235,
        "best_return": 0.342857,
        "worst_return": -0.330357,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": -0.155259,
        "positive_rate": 0.375,
        "directional_follow_through": 0.375,
        "median_excess_return": -0.224682,
        "regime_survival": 0.375,
        "best_return": 0.18381,
        "worst_return": -0.300752,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": -0.01268,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.146437,
        "regime_survival": 0.25,
        "best_return": 0.227143,
        "worst_return": -0.331345,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.027521,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.308151,
        "regime_survival": 0.5,
        "best_return": 0.314286,
        "worst_return": -0.259244,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-07",
        "end": "2025-04-04",
        "tenure": "Developing",
        "return": -0.078997,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-05-16",
        "tenure": "Developing",
        "return": 0.528497,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-23",
        "end": "2025-05-30",
        "tenure": "New",
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        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-06",
        "end": "2025-07-11",
        "tenure": "Developing",
        "return": -0.07554,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2025-07-25",
        "tenure": "New",
        "return": -0.023077,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-08-22",
        "tenure": "New",
        "return": -0.222893,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
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        "end": "2025-09-12",
        "tenure": "New",
        "return": 0.333333,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "end": "2025-11-14",
        "tenure": "Developing",
        "return": -0.43609,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "end": "2025-12-19",
        "tenure": "Developing",
        "return": 0.168782,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-12-26",
        "end": "2026-01-02",
        "tenure": "New",
        "return": -0.022815,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-09",
        "end": "2026-01-16",
        "tenure": "New",
        "return": -0.089286,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2026-03-06",
        "tenure": "Developing",
        "return": -0.206467,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "end": "2026-04-03",
        "tenure": "New",
        "return": 0.173512,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-10",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.13671,
        "active": true
      }
    ],
    "chart_path": [
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      },
      {
        "date": "2026-05-01",
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      {
        "date": "2026-05-08",
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        "date": "2026-05-15",
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      },
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        "date": "2026-05-22",
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      {
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        "date": "2026-06-05",
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      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-10",
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        "relative_strength": -20.692195,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -19.472011,
        "energy": 14.693607,
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      },
      {
        "date": "2026-07-17",
        "close": 0.8653,
        "volume": 978724,
        "typical_volume": 1575563.05,
        "trend": 0.92716,
        "fair_value": 1.150257,
        "relative_strength": -22.012823,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -31.422698,
        "energy": 14.805191,
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          0.90764,
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          0.903898,
          0.913428
        ]
      },
      {
        "date": "2026-07-24",
        "close": 0.8653,
        "volume": 494211,
        "typical_volume": 1499002.55,
        "trend": 0.927513,
        "fair_value": 1.143304,
        "relative_strength": -19.794616,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -42.241291,
        "energy": 18.200746,
        "activity_lines": [
          0.890793,
          0.895925,
          0.899498,
          0.909437
        ]
      },
      {
        "date": "2026-07-31",
        "close": 0.9583,
        "volume": 1574727,
        "typical_volume": 1526201.15,
        "trend": 0.931617,
        "fair_value": 1.137139,
        "relative_strength": -10.789654,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.525718,
        "energy": 2.513076,
        "activity_lines": [
          0.908593,
          0.907413,
          0.903597,
          0.911424
        ]
      },
      {
        "date": "2026-08-07",
        "close": 1.12,
        "volume": 2433832,
        "typical_volume": 1490047.2,
        "trend": 0.931617,
        "fair_value": 1.13246,
        "relative_strength": -0.245922,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 35.559329,
        "energy": 37.205701,
        "activity_lines": [
          0.97932,
          0.946904,
          0.92251,
          0.923577
        ]
      }
    ],
    "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."
    }
  }
}