{ "ticker": { "uuid": "e076fc08-2cec-4ab9-bffb-7bcf814981f4", "symbol": "DBX", "name": "Dropbox 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": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 87.718, "architecture_energy": 88.782, "architecture_maturity": 28.0, "architecture_confidence": 77.057, "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": 15.84, "rotation_up": 82.98, "upward_expansion": 95.45, "deceleration": 41.9, "rotation_down": 8.88, "downward_expansion": 19.78 }, "activity_lines": [ 32.152667, 30.420182, 28.709667, 27.658129 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 34.81, "trend_reference": 26.616, "distance_from_trend": 0.30786, "trend_direction": "Improving", "fair_value": 27.070737, "distance_from_fair_value": 0.28589, "fair_value_direction": "Improving", "relative_strength": 9.66212, "relative_strength_direction": "Improving", "price_momentum": 0.3924, "excess_performance": 0.204946, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.30786, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.003544, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.28589, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.208639, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.096621, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.227314, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.3924, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.555882, "read": "Demand-led" } ], "volume": { "latest": 26207499, "relative_activity": 1.405576, "balance": 1.555882, "dry_up": 1.128054, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.070617, "annualized_volatility": 0.435892, "from_high_reference": -0.025476, "from_low_reference": 0.604517 }, "levels": { "trend_reference": 26.616, "fair_value_reference": 27.070737, "structural_low": 21.695, "invalidation": "A 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18436259, "typical_volume": 18084262.9, "trend": 26.137667, "fair_value": 26.977019, "relative_strength": 0.040553, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.388206, "energy": 71.067761, "activity_lines": [ 28.986, 28.137091, 27.054619, 26.504581 ] }, { "date": "2026-07-24", "close": 29.19, "volume": 15914136, "typical_volume": 17759951.5, "trend": 26.177333, "fair_value": 26.993429, "relative_strength": -2.806191, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.482635, "energy": 66.880962, "activity_lines": [ 29.317333, 28.413091, 27.339333, 26.701505 ] }, { "date": "2026-07-31", "close": 32.56, "volume": 23574090, "typical_volume": 18239858.0, "trend": 26.365, "fair_value": 27.025929, "relative_strength": 7.85176, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.754293, "energy": 78.261684, "activity_lines": [ 30.557333, 29.258727, 27.933571, 27.11329 ] }, { "date": "2026-08-07", "close": 34.81, "volume": 26207499, "typical_volume": 18645374.25, "trend": 26.616, "fair_value": 27.070737, "relative_strength": 9.66212, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.718463, "energy": 88.782078, "activity_lines": [ 32.152667, 30.420182, 28.709667, 27.658129 ] } ], "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." } } }