{
  "ticker": {
    "uuid": "b942baf4-7b65-4e3c-a589-3e739d94d333",
    "symbol": "NTCT",
    "name": "NetScout Systems 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": 36.92,
    "architecture_energy": 20.538,
    "architecture_maturity": 100.0,
    "architecture_confidence": 89.305,
    "architecture_tenure": "Extended",
    "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": 37.95,
        "rotation_up": 27.45,
        "upward_expansion": 57.88,
        "deceleration": 88.25,
        "rotation_down": 27.23,
        "downward_expansion": 19.21
      },
      "activity_lines": [
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        37.964495
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
    },
    "latest_close": 38.44,
    "trend_reference": 35.133333,
    "distance_from_trend": 0.094118,
    "trend_direction": "Improving",
    "fair_value": 25.050481,
    "distance_from_fair_value": 0.534501,
    "fair_value_direction": "Weakening",
    "relative_strength": 8.322822,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.38923,
    "excess_performance": 0.201777,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.094118,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.147223,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.534501,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.084826,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.083228,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.127872,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.38923,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.778819,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 2932382,
      "relative_activity": 1.010608,
      "balance": 0.778819,
      "dry_up": 0.907386,
      "accumulation_observations": 2,
      "distribution_observations": 5
    },
    "risk": {
      "range_context": 0.090099,
      "annualized_volatility": 0.314352,
      "from_high_reference": -0.15106,
      "from_low_reference": 0.803002
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    "levels": {
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      "fair_value_reference": 25.050481,
      "structural_low": 27.3016,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 26,
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        "positive_rate": 0.538462,
        "directional_follow_through": 0.538462,
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        "worst_return": -0.138808,
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        "horizon": "Intermediate",
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      },
      {
        "date": "2026-07-03",
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      },
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 3087011.2,
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        "fair_value": 24.824006,
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        "stage": 2,
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      },
      {
        "date": "2026-07-24",
        "close": 40.0,
        "volume": 2517355,
        "typical_volume": 3072197.5,
        "trend": 34.288333,
        "fair_value": 24.903045,
        "relative_strength": 20.859365,
        "stage": 2,
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        "modifier": "Established expansion",
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        "energy": 42.368613,
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      },
      {
        "date": "2026-07-31",
        "close": 40.67,
        "volume": 2163162,
        "typical_volume": 3045248.15,
        "trend": 34.749,
        "fair_value": 24.984327,
        "relative_strength": 21.177479,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.605585,
        "energy": 34.676429,
        "activity_lines": [
          41.036,
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          39.858,
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        ]
      },
      {
        "date": "2026-08-07",
        "close": 38.44,
        "volume": 2932382,
        "typical_volume": 2901601.85,
        "trend": 35.133333,
        "fair_value": 25.050481,
        "relative_strength": 8.322822,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 36.920391,
        "energy": 20.537867,
        "activity_lines": [
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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."
    }
  }
}