{
  "ticker": {
    "uuid": "d37772ae-33bd-4da9-a513-0f78d44b6321",
    "symbol": "TREE",
    "name": "Lendingtree 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": 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": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "down",
    "architecture_direction": -68.772,
    "architecture_energy": 58.526,
    "architecture_maturity": 29.461,
    "architecture_confidence": 74.915,
    "architecture_tenure": "Developing",
    "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": 29.4,
        "rotation_up": 17.76,
        "upward_expansion": 17.08,
        "deceleration": 32.1,
        "rotation_down": 67.31,
        "downward_expansion": 81.08
      },
      "activity_lines": [
        36.192667,
        38.717636,
        39.182619,
        39.959183
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.0
    },
    "latest_close": 32.13,
    "trend_reference": 42.458333,
    "distance_from_trend": -0.243258,
    "trend_direction": "Weakening",
    "fair_value": 42.493782,
    "distance_from_fair_value": -0.243889,
    "fair_value_direction": "Weakening",
    "relative_strength": -44.695056,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.323009,
    "excess_performance": -0.510462,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.243258,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.103987,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.243889,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.192645,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.446951,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.09124,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.323009,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.07238,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 3746846,
      "relative_activity": 2.68786,
      "balance": 2.07238,
      "dry_up": 1.514612,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.152472,
      "annualized_volatility": 0.670235,
      "from_high_reference": -0.584589,
      "from_low_reference": 0.079274
    },
    "levels": {
      "trend_reference": 42.458333,
      "fair_value_reference": 42.493782,
      "structural_low": 29.77,
      "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": 10,
        "median_return": -0.140099,
        "positive_rate": 0.2,
        "directional_follow_through": 0.2,
        "median_excess_return": -0.157106,
        "regime_survival": 0.5,
        "best_return": 0.339745,
        "worst_return": -0.290728,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": -0.092055,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.086106,
        "regime_survival": 0.166667,
        "best_return": 0.976109,
        "worst_return": -0.565047,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": -0.011122,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.120959,
        "regime_survival": 0.25,
        "best_return": 0.683547,
        "worst_return": -0.323009,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.342665,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.111913,
        "regime_survival": 0.5,
        "best_return": 0.962991,
        "worst_return": -0.277661,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-07-26",
        "end": "2024-11-01",
        "tenure": "Established",
        "return": -0.189698,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-11-08",
        "end": "2024-11-22",
        "tenure": "New",
        "return": -0.072332,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-11-29",
        "end": "2024-12-27",
        "tenure": "Developing",
        "return": -0.112192,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-01-03",
        "end": "2025-02-14",
        "tenure": "Developing",
        "return": 0.174544,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-03-21",
        "tenure": "Developing",
        "return": 0.252241,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2025-04-11",
        "tenure": "New",
        "return": -0.202101,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-05-30",
        "tenure": "Developing",
        "return": -0.219697,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-06-06",
        "end": "2025-08-01",
        "tenure": "Developing",
        "return": 0.374548,
        "active": false
      },
      {
        "regime": "rotation_up",
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        "active": false
      },
      {
        "regime": "upward_expansion",
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        "end": "2025-10-10",
        "tenure": "Developing",
        "return": -0.162472,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-17",
        "end": "2026-01-30",
        "tenure": "Established",
        "return": -0.008574,
        "active": false
      },
      {
        "regime": "balance",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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        "return": 0.155327,
        "active": false
      },
      {
        "regime": "balance",
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        "return": -0.290728,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2026-05-01",
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        "date": "2026-05-15",
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      },
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        "date": "2026-05-22",
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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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      },
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        "date": "2026-07-10",
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        "trend": 44.856333,
        "fair_value": 42.136026,
        "relative_strength": -24.545557,
        "stage": 4,
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      },
      {
        "date": "2026-07-17",
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        "volume": 1062912,
        "typical_volume": 1371641.25,
        "trend": 44.653,
        "fair_value": 42.261026,
        "relative_strength": -19.594932,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
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        "direction": 7.392547,
        "energy": 25.566858,
        "activity_lines": [
          44.525333,
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        ]
      },
      {
        "date": "2026-07-24",
        "close": 39.0,
        "volume": 1091068,
        "typical_volume": 1219153.5,
        "trend": 44.139,
        "fair_value": 42.355577,
        "relative_strength": -30.616102,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.70755,
        "energy": 21.550675,
        "activity_lines": [
          43.105333,
          41.63,
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      },
      {
        "date": "2026-07-31",
        "close": 31.86,
        "volume": 2544580,
        "typical_volume": 1268148.45,
        "trend": 43.484333,
        "fair_value": 42.419359,
        "relative_strength": -43.050734,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -54.802234,
        "energy": 24.617189,
        "activity_lines": [
          39.31,
          40.107818,
          39.971238,
          40.69172
        ]
      },
      {
        "date": "2026-08-07",
        "close": 32.13,
        "volume": 3746846,
        "typical_volume": 1393988.4,
        "trend": 42.458333,
        "fair_value": 42.493782,
        "relative_strength": -44.695056,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -68.771512,
        "energy": 58.525776,
        "activity_lines": [
          36.192667,
          38.717636,
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          39.959183
        ]
      }
    ],
    "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."
    }
  }
}