{
  "ticker": {
    "uuid": "eba7ca04-c418-4a53-850e-bf73cfe64a6f",
    "symbol": "BYSI",
    "name": "BeyondSpring 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": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -80.328,
    "architecture_energy": 81.824,
    "architecture_maturity": 24.0,
    "architecture_confidence": 75.933,
    "architecture_tenure": "New",
    "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": 19.12,
        "rotation_up": 10.91,
        "upward_expansion": 19.69,
        "deceleration": 34.19,
        "rotation_down": 81.54,
        "downward_expansion": 93.02
      },
      "activity_lines": [
        1.088667,
        1.299455,
        1.436024,
        1.478806
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.666667
    },
    "latest_close": 0.87,
    "trend_reference": 1.514667,
    "distance_from_trend": -0.425616,
    "trend_direction": "Weakening",
    "fair_value": 1.736327,
    "distance_from_fair_value": -0.498942,
    "fair_value_direction": "Weakening",
    "relative_strength": -54.93941,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.42,
    "excess_performance": -0.607454,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.425616,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.103659,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.498942,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.370624,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.549394,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.21407,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.42,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.837514,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 394651,
      "relative_activity": 3.496596,
      "balance": 0.837514,
      "dry_up": 1.607154,
      "accumulation_observations": 3,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.328532,
      "annualized_volatility": 0.783892,
      "from_high_reference": -0.643443,
      "from_low_reference": 0.005548
    },
    "levels": {
      "trend_reference": 1.514667,
      "fair_value_reference": 1.736327,
      "structural_low": 0.8652,
      "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": 31,
        "median_return": -0.051948,
        "positive_rate": 0.419355,
        "directional_follow_through": 0.580645,
        "median_excess_return": -0.08254,
        "regime_survival": 0.774194,
        "best_return": 1.834144,
        "worst_return": -0.429224,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
        "median_return": -0.061693,
        "positive_rate": 0.272727,
        "directional_follow_through": 0.727273,
        "median_excess_return": -0.141192,
        "regime_survival": 0.545455,
        "best_return": 0.64,
        "worst_return": -0.54878,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": -0.166972,
        "positive_rate": 0.285714,
        "directional_follow_through": 0.714286,
        "median_excess_return": -0.317406,
        "regime_survival": 0.571429,
        "best_return": 0.798561,
        "worst_return": -0.66359,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": -0.13943,
        "positive_rate": 0.25,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.411316,
        "regime_survival": 0.25,
        "best_return": 0.871429,
        "worst_return": -0.857436,
        "sufficient": false
      }
    ],
    "ledger": [
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        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-05-03",
        "end": "2024-05-24",
        "tenure": "New",
        "return": 0.324444,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-31",
        "end": "2024-07-05",
        "tenure": "Developing",
        "return": -0.068441,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2024-08-02",
        "tenure": "New",
        "return": -0.209402,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
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        "end": "2024-08-30",
        "tenure": "New",
        "return": 0.051546,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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        "end": "2024-09-27",
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        "active": false
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      {
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        "active": false
      },
      {
        "regime": "downward_expansion",
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        "color": "red",
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        "end": "2025-05-16",
        "tenure": "Established",
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        "active": false
      },
      {
        "regime": "balance",
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        "return": 0.0,
        "active": false
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        "regime": "upward_expansion",
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        "active": false
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      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "end": "2025-10-24",
        "tenure": "Established",
        "return": 0.046875,
        "active": false
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      {
        "regime": "balance",
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      {
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      {
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      {
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        "gate": "down",
        "direction": -5.623568,
        "energy": 15.573111,
        "activity_lines": [
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          1.670075
        ]
      },
      {
        "date": "2026-05-01",
        "close": 1.49,
        "volume": 42657,
        "typical_volume": 207055.05,
        "trend": 1.736833,
        "fair_value": 1.706167,
        "relative_strength": -30.453845,
        "stage": 4,
        "regime": "balance",
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        "energy": 12.46548,
        "activity_lines": [
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      },
      {
        "date": "2026-05-08",
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        "typical_volume": 139829.35,
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        "stage": 4,
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        "activity_lines": [
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        ]
      },
      {
        "date": "2026-05-15",
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        "volume": 93078,
        "typical_volume": 124753.05,
        "trend": 1.714833,
        "fair_value": 1.711071,
        "relative_strength": -38.657009,
        "stage": 4,
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        "modifier": "Balance after decline",
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        "energy": 33.364518,
        "activity_lines": [
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      },
      {
        "date": "2026-05-22",
        "close": 1.57,
        "volume": 144242,
        "typical_volume": 111536.75,
        "trend": 1.700167,
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        "stage": 4,
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        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -38.359869,
        "energy": 28.145583,
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        ]
      },
      {
        "date": "2026-05-29",
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        "typical_volume": 105410.0,
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        "relative_strength": -26.212842,
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      },
      {
        "date": "2026-06-05",
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        "typical_volume": 102394.4,
        "trend": 1.6815,
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        "relative_strength": -20.961714,
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        "direction": -10.542852,
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      },
      {
        "date": "2026-06-12",
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        "volume": 72461,
        "typical_volume": 99277.0,
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      },
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        "date": "2026-06-19",
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        "energy": 14.864522,
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      },
      {
        "date": "2026-06-26",
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        "volume": 107569,
        "typical_volume": 94888.8,
        "trend": 1.639667,
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        "relative_strength": -17.42664,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 20.380143,
        "energy": 14.580072,
        "activity_lines": [
          1.646667,
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          1.596183
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      },
      {
        "date": "2026-07-03",
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        "volume": 194496,
        "typical_volume": 97947.75,
        "trend": 1.635667,
        "fair_value": 1.732481,
        "relative_strength": -8.561712,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
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        "energy": 35.501167,
        "activity_lines": [
          1.719333,
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      },
      {
        "date": "2026-07-10",
        "close": 1.44,
        "volume": 156991,
        "typical_volume": 102704.4,
        "trend": 1.613333,
        "fair_value": 1.734532,
        "relative_strength": -29.806391,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -0.551283,
        "energy": 5.865433,
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          1.636,
          1.629636,
          1.618405,
          1.598419
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      },
      {
        "date": "2026-07-17",
        "close": 1.29,
        "volume": 140416,
        "typical_volume": 104677.75,
        "trend": 1.578,
        "fair_value": 1.735878,
        "relative_strength": -33.464343,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -32.248178,
        "energy": 21.572653,
        "activity_lines": [
          1.520667,
          1.573455,
          1.588548,
          1.577559
        ]
      },
      {
        "date": "2026-07-24",
        "close": 1.12,
        "volume": 145396,
        "typical_volume": 104720.15,
        "trend": 1.554,
        "fair_value": 1.736327,
        "relative_strength": -40.571794,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -68.503694,
        "energy": 56.68202,
        "activity_lines": [
          1.367333,
          1.49,
          1.542786,
          1.548011
        ]
      },
      {
        "date": "2026-07-31",
        "close": 1.15,
        "volume": 45117,
        "typical_volume": 101035.25,
        "trend": 1.538667,
        "fair_value": 1.737224,
        "relative_strength": -38.419369,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.045464,
        "energy": 68.295536,
        "activity_lines": [
          1.256667,
          1.416364,
          1.501452,
          1.521946
        ]
      },
      {
        "date": "2026-08-07",
        "close": 0.87,
        "volume": 394651,
        "typical_volume": 112867.2,
        "trend": 1.514667,
        "fair_value": 1.736327,
        "relative_strength": -54.93941,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.328243,
        "energy": 81.824459,
        "activity_lines": [
          1.088667,
          1.299455,
          1.436024,
          1.478806
        ]
      }
    ],
    "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."
    }
  }
}