{ "ticker": { "uuid": "ea2a7910-670f-4842-808a-b36c6863a1c9", "symbol": "BL", "name": "Blackline 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": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -30.078, "architecture_energy": 14.812, "architecture_maturity": 100.0, "architecture_confidence": 62.32, "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": 49.82, "rotation_up": 29.09, "upward_expansion": 19.64, "deceleration": 43.55, "rotation_down": 23.82, "downward_expansion": 53.64 }, "activity_lines": [ 29.952, 29.527636, 29.560143, 31.018344 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 29.55, "trend_reference": 34.192667, "distance_from_trend": -0.13578, "trend_direction": "Weakening", "fair_value": 51.095577, "distance_from_fair_value": -0.421672, "fair_value_direction": "Improving", "relative_strength": -40.518096, "relative_strength_direction": "Improving", "price_momentum": -0.326112, "excess_performance": -0.513565, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.13578, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.209126, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.421672, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.002139, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.405181, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.081514, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.326112, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.307084, "read": "Demand-led" } ], "volume": { "latest": 7351238, "relative_activity": 1.253751, "balance": 1.307084, "dry_up": 0.904842, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.119482, "annualized_volatility": 0.51009, "from_high_reference": -0.503945, "from_low_reference": 0.196356 }, "levels": { "trend_reference": 34.192667, "fair_value_reference": 51.095577, "structural_low": 24.7, "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": 26, "median_return": 0.020465, "positive_rate": 0.576923, "directional_follow_through": 0.423077, "median_excess_return": -0.021658, "regime_survival": 0.807692, "best_return": 0.244011, "worst_return": -0.178688, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.041513, "positive_rate": 0.555556, "directional_follow_through": 0.444444, "median_excess_return": 0.003658, "regime_survival": 0.444444, "best_return": 0.340359, "worst_return": -0.294224, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.121035, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": -0.084556, "regime_survival": 0.0, "best_return": 0.396001, "worst_return": -0.229991, "sufficient": true }, { "horizon": "Full 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contraction", "gate": "down", "direction": -40.303551, "energy": 27.016438, "activity_lines": [ 29.404, 28.993636, 29.910381, 32.182946 ] }, { "date": "2026-07-24", "close": 28.74, "volume": 4554028, "typical_volume": 5858116.55, "trend": 35.84, "fair_value": 51.384487, "relative_strength": -40.43299, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.054896, "energy": 24.170816, "activity_lines": [ 29.356667, 28.994545, 29.647381, 31.662473 ] }, { "date": "2026-07-31", "close": 31.4, "volume": 4713993, "typical_volume": 5851975.6, "trend": 35.094, "fair_value": 51.239872, "relative_strength": -34.375743, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.074569, "energy": 16.512108, "activity_lines": [ 30.064667, 29.452, 29.67881, 31.376022 ] }, { "date": "2026-08-07", "close": 29.55, "volume": 7351238, "typical_volume": 5863397.8, "trend": 34.192667, "fair_value": 51.095577, "relative_strength": -40.518096, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.07801, "energy": 14.811844, "activity_lines": [ 29.952, 29.527636, 29.560143, 31.018344 ] } ], "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." } } }