{
  "ticker": {
    "uuid": "e9e57f7c-b7ce-4bba-ae1b-2eb40864c9e8",
    "symbol": "LTBR",
    "name": "Lightbridge Corp",
    "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": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -58.932,
    "architecture_energy": 43.551,
    "architecture_maturity": 74.716,
    "architecture_confidence": 95.249,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 15.21,
        "rotation_up": 22.82,
        "upward_expansion": 5.69,
        "deceleration": 54.59,
        "rotation_down": 52.75,
        "downward_expansion": 79.02
      },
      "activity_lines": [
        8.386,
        8.470636,
        9.4785,
        10.170409
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.666667
    },
    "latest_close": 9.47,
    "trend_reference": 11.417167,
    "distance_from_trend": -0.170547,
    "trend_direction": "Weakening",
    "fair_value": 8.660769,
    "distance_from_fair_value": 0.093436,
    "fair_value_direction": "Weakening",
    "relative_strength": -42.189872,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.366131,
    "excess_performance": -0.553585,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.170547,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.171689,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.093436,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.516739,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.421899,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.156835,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.366131,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.645636,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 4083349,
      "relative_activity": 0.922937,
      "balance": 0.645636,
      "dry_up": 1.117063,
      "accumulation_observations": 1,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.18074,
      "annualized_volatility": 0.636268,
      "from_high_reference": -0.697782,
      "from_low_reference": 0.368497
    },
    "levels": {
      "trend_reference": 11.417167,
      "fair_value_reference": 8.660769,
      "structural_low": 6.92,
      "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": 29,
        "median_return": -0.02934,
        "positive_rate": 0.37931,
        "directional_follow_through": 0.62069,
        "median_excess_return": -0.031417,
        "regime_survival": 0.862069,
        "best_return": 1.075922,
        "worst_return": -0.225627,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
        "median_return": -0.061236,
        "positive_rate": 0.4,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.099818,
        "regime_survival": 0.7,
        "best_return": 0.437093,
        "worst_return": -0.262255,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": -0.077999,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.194381,
        "regime_survival": 0.666667,
        "best_return": 1.426966,
        "worst_return": -0.345588,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.010846,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.242534,
        "regime_survival": 0.333333,
        "best_return": 0.588235,
        "worst_return": -0.015351,
        "sufficient": false
      }
    ],
    "ledger": [
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        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2023-11-17",
        "end": "2024-07-05",
        "tenure": "Extended",
        "return": -0.046569,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-07-12",
        "end": "2024-08-02",
        "tenure": "New",
        "return": -0.3725,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2024-10-11",
        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2024-12-06",
        "tenure": "Developing",
        "return": -0.162625,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-01-31",
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        "return": 0.901261,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "tenure": "Developing",
        "return": -0.229184,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-05-23",
        "tenure": "Developing",
        "return": 0.699273,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "tenure": "New",
        "return": 0.233083,
        "active": false
      },
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        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "tenure": "Established",
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        "active": false
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      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "end": "2025-12-19",
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        "regime": "rotation_down",
        "label": "Rotation Down",
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        "active": false
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        "regime": "balance",
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        "energy": 72.984043,
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      },
      {
        "date": "2026-07-24",
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        "volume": 3709455,
        "typical_volume": 4286485.95,
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        "fair_value": 8.628526,
        "relative_strength": -52.533479,
        "stage": 4,
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        "energy": 70.076057,
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      },
      {
        "date": "2026-07-31",
        "close": 8.24,
        "volume": 8443472,
        "typical_volume": 4460490.8,
        "trend": 11.651833,
        "fair_value": 8.639679,
        "relative_strength": -47.623696,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.279037,
        "energy": 59.042221,
        "activity_lines": [
          7.901333,
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      },
      {
        "date": "2026-08-07",
        "close": 9.47,
        "volume": 4083349,
        "typical_volume": 4424298.85,
        "trend": 11.417167,
        "fair_value": 8.660769,
        "relative_strength": -42.189872,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.931925,
        "energy": 43.550991,
        "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."
    }
  }
}