{ "ticker": { "uuid": "d4bd2327-9f8b-4907-beab-cc4ecda0d5b6", "symbol": "DV", "name": "DoubleVerify Holdings Inc", "exchange": "NYSE", "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": "SPY", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 81.87, "architecture_energy": 60.267, "architecture_maturity": 26.0, "architecture_confidence": 79.832, "architecture_tenure": "New", "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": 30.12, "rotation_up": 70.54, "upward_expansion": 85.79, "deceleration": 46.52, "rotation_down": 12.89, "downward_expansion": 10.13 }, "activity_lines": [ 11.816, 11.452909, 10.952429, 10.724817 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 13.21, "trend_reference": 10.502, "distance_from_trend": 0.257856, "trend_direction": "Improving", "fair_value": 19.184936, "distance_from_fair_value": -0.311439, "fair_value_direction": "Improving", "relative_strength": 5.106809, "relative_strength_direction": "Improving", "price_momentum": 0.414347, "excess_performance": 0.288722, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.257856, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.012078, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.311439, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.169882, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.051068, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.248373, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.414347, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.820842, "read": "Demand-led" } ], "volume": { "latest": 49526259, "relative_activity": 3.221713, "balance": 2.820842, "dry_up": 1.261479, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.088103, "annualized_volatility": 0.515044, "from_high_reference": -0.196472, "from_low_reference": 0.729058 }, "levels": { "trend_reference": 10.502, "fair_value_reference": 19.184936, "structural_low": 8.6, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 9, "median_return": -0.065807, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.063698, "regime_survival": 0.555556, "best_return": 0.279646, "worst_return": -0.304749, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.270478, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.266091, "regime_survival": 0.2, "best_return": 0.286706, "worst_return": -0.38497, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.204062, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.234834, "regime_survival": 0.25, "best_return": -0.001019, "worst_return": -0.51093, "sufficient": false }, { "horizon": 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"typical_volume": 14521180.45, "trend": 10.449, "fair_value": 19.644231, "relative_strength": -8.37305, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 61.15953, "energy": 63.722912, "activity_lines": [ 11.338, 10.878, 10.601, 10.484645 ] }, { "date": "2026-07-24", "close": 10.56, "volume": 8972389, "typical_volume": 13958221.35, "trend": 10.417667, "fair_value": 19.445833, "relative_strength": -13.720367, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.185066, "energy": 53.485673, "activity_lines": [ 11.146, 10.894, 10.612333, 10.491806 ] }, { "date": "2026-07-31", "close": 11.25, "volume": 11237796, "typical_volume": 13744874.45, "trend": 10.430667, "fair_value": 19.303846, "relative_strength": -8.055278, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.392561, "energy": 40.137692, "activity_lines": [ 11.168667, 11.008182, 10.691524, 10.545505 ] }, { "date": "2026-08-07", "close": 13.21, "volume": 49526259, "typical_volume": 15372647.35, "trend": 10.502, "fair_value": 19.184936, "relative_strength": 5.106809, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.86957, "energy": 60.26745, "activity_lines": [ 11.816, 11.452909, 10.952429, 10.724817 ] } ], "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." } } }