{
  "ticker": {
    "uuid": "d77b804e-3431-473a-903c-b525a9f9346f",
    "symbol": "TEAM",
    "name": "Atlassian Corp Plc",
    "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": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 89.595,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 89.157,
    "architecture_energy": 80.335,
    "architecture_maturity": 22.0,
    "architecture_confidence": 71.798,
    "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": 29.92,
        "rotation_up": 77.92,
        "upward_expansion": 89.87,
        "deceleration": 44.74,
        "rotation_down": 8.79,
        "downward_expansion": 16.54
      },
      "activity_lines": [
        112.366,
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        94.19831,
        89.910118
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 149.07,
    "trend_reference": 89.1225,
    "distance_from_trend": 0.672642,
    "trend_direction": "Weakening",
    "fair_value": 177.376763,
    "distance_from_fair_value": -0.159586,
    "fair_value_direction": "Improving",
    "relative_strength": 7.878775,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.573796,
    "excess_performance": 0.386343,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.672642,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.183227,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.159586,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.342666,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.078788,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.563633,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.573796,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.790134,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 40634248,
      "relative_activity": 1.342318,
      "balance": 0.790134,
      "dry_up": 0.83863,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.121703,
      "annualized_volatility": 0.936162,
      "from_high_reference": -0.189837,
      "from_low_reference": 1.661484
    },
    "levels": {
      "trend_reference": 89.1225,
      "fair_value_reference": 177.376763,
      "structural_low": 56.0101,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 19,
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        "positive_rate": 0.526316,
        "directional_follow_through": 0.526316,
        "median_excess_return": -0.022914,
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        "worst_return": -0.239977,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
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        "sufficient": true
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        "horizon": "Extended",
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        "horizon": "Full cycle",
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      },
      {
        "date": "2026-04-24",
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      },
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        "date": "2026-05-15",
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        "date": "2026-05-29",
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        "date": "2026-06-05",
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        "date": "2026-06-12",
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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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        "modifier": "Balance after decline",
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        "energy": 19.998314,
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      },
      {
        "date": "2026-07-17",
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        "volume": 19202546,
        "typical_volume": 30948346.85,
        "trend": 93.368,
        "fair_value": 178.875128,
        "relative_strength": -33.192633,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -17.988147,
        "energy": 11.515081,
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          87.574,
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          85.798043
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      },
      {
        "date": "2026-07-24",
        "close": 86.88,
        "volume": 17391799,
        "typical_volume": 29943607.9,
        "trend": 90.825667,
        "fair_value": 178.315321,
        "relative_strength": -35.332258,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.871958,
        "energy": 7.553241,
        "activity_lines": [
          88.037333,
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      },
      {
        "date": "2026-07-31",
        "close": 101.015,
        "volume": 24318466,
        "typical_volume": 29583984.7,
        "trend": 89.034167,
        "fair_value": 177.688237,
        "relative_strength": -23.844262,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 33.259602,
        "energy": 30.792647,
        "activity_lines": [
          92.935,
          90.184364,
          87.939667,
          86.036839
        ]
      },
      {
        "date": "2026-08-07",
        "close": 149.07,
        "volume": 40634248,
        "typical_volume": 30271709.2,
        "trend": 89.1225,
        "fair_value": 177.376763,
        "relative_strength": 7.878775,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.157153,
        "energy": 80.334981,
        "activity_lines": [
          112.366,
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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."
    }
  }
}