{
  "ticker": {
    "uuid": "ec81f79f-a899-49f4-9708-52c90a59a888",
    "symbol": "LRN",
    "name": "Stride Inc",
    "exchange": "NYSE",
    "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": "SPY",
    "stage": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 93.157,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Upper balance after advance",
    "architecture_gate": "mixed",
    "architecture_direction": -28.447,
    "architecture_energy": 36.409,
    "architecture_maturity": 16.473,
    "architecture_confidence": 60.34,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 46.53,
        "rotation_up": 22.04,
        "upward_expansion": 17.01,
        "deceleration": 43.74,
        "rotation_down": 56.14,
        "downward_expansion": 54.01
      },
      "activity_lines": [
        83.999333,
        86.263636,
        88.69981,
        88.704258
      ],
      "activity_state": "Compressed",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 82.51,
    "trend_reference": 87.397,
    "distance_from_trend": -0.055917,
    "trend_direction": "Improving",
    "fair_value": 91.693846,
    "distance_from_fair_value": -0.100158,
    "fair_value_direction": "Weakening",
    "relative_strength": -24.664947,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.060572,
    "excess_performance": -0.186196,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.055917,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.094615,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.100158,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.104484,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.246649,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.054596,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.060572,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.193343,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 8936673,
      "relative_activity": 2.193725,
      "balance": 1.193343,
      "dry_up": 1.443594,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.112026,
      "annualized_volatility": 0.370214,
      "from_high_reference": -0.517965,
      "from_low_reference": 0.361221
    },
    "levels": {
      "trend_reference": 87.397,
      "fair_value_reference": 91.693846,
      "structural_low": 77.56,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 14,
        "median_return": 0.006561,
        "positive_rate": 0.571429,
        "directional_follow_through": 0.571429,
        "median_excess_return": -0.005741,
        "regime_survival": 0.428571,
        "best_return": 0.241995,
        "worst_return": -0.526052,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": 0.099412,
        "positive_rate": 0.714286,
        "directional_follow_through": 0.714286,
        "median_excess_return": 0.121477,
        "regime_survival": 0.142857,
        "best_return": 0.239165,
        "worst_return": -0.59985,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.11811,
        "positive_rate": 0.8,
        "directional_follow_through": 0.8,
        "median_excess_return": 0.064969,
        "regime_survival": 0.0,
        "best_return": 0.590836,
        "worst_return": -0.470067,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.43847,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.377114,
        "regime_survival": 0.0,
        "best_return": 0.856153,
        "worst_return": 0.020787,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-03-21",
        "end": "2025-04-18",
        "tenure": "Developing",
        "return": 0.113972,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-04-25",
        "end": "2025-06-13",
        "tenure": "Developing",
        "return": 0.01603,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-06-20",
        "end": "2025-07-25",
        "tenure": "Developing",
        "return": -0.109207,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-08-01",
        "end": "2025-08-08",
        "tenure": "New",
        "return": 0.156197,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-08-22",
        "tenure": "New",
        "return": 0.031088,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "end": "2025-09-26",
        "tenure": "Developing",
        "return": -0.090876,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-10-24",
        "tenure": "New",
        "return": 0.059557,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-10-31",
        "end": "2026-03-06",
        "tenure": "Established",
        "return": 0.276161,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2026-04-17",
        "tenure": "Developing",
        "return": 0.166904,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2026-05-08",
        "tenure": "New",
        "return": -0.103852,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "return": 0.003851,
        "active": false
      },
      {
        "regime": "deceleration",
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        "return": 0.082594,
        "active": false
      },
      {
        "regime": "upward_expansion",
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        "active": false
      },
      {
        "regime": "balance",
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        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-18",
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      },
      {
        "date": "2026-05-01",
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      },
      {
        "date": "2026-05-08",
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        "modifier": "Emerging rotation",
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      },
      {
        "date": "2026-05-15",
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        "fair_value": 87.849551,
        "relative_strength": -28.834039,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
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        "direction": 44.887581,
        "energy": 32.463455,
        "activity_lines": [
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      },
      {
        "date": "2026-05-22",
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        "fair_value": 88.160513,
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        "regime": "upward_expansion",
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        "direction": 37.386587,
        "energy": 22.486152,
        "activity_lines": [
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      },
      {
        "date": "2026-05-29",
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        "typical_volume": 4677453.25,
        "trend": 79.842667,
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        "relative_strength": -24.775682,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
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        "activity_lines": [
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      },
      {
        "date": "2026-06-05",
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        "trend": 80.776,
        "fair_value": 88.860769,
        "relative_strength": -15.369984,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
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        "direction": 70.687141,
        "energy": 40.487082,
        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
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        "volume": 3003244,
        "typical_volume": 4527284.25,
        "trend": 81.896333,
        "fair_value": 89.231987,
        "relative_strength": -16.674608,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
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        "direction": 63.295959,
        "energy": 44.020704,
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      },
      {
        "date": "2026-06-19",
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      },
      {
        "date": "2026-06-26",
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        "typical_volume": 3927548.85,
        "trend": 83.257,
        "fair_value": 89.841923,
        "relative_strength": -22.168314,
        "stage": 4,
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        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 28.774046,
        "energy": 16.086673,
        "activity_lines": [
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      },
      {
        "date": "2026-07-03",
        "close": 90.44,
        "volume": 2582843,
        "typical_volume": 3782816.55,
        "trend": 84.182333,
        "fair_value": 90.186154,
        "relative_strength": -19.885206,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 18.423896,
        "energy": 12.108538,
        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
        "close": 91.0,
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        "typical_volume": 3778024.85,
        "trend": 85.065667,
        "fair_value": 90.530385,
        "relative_strength": -19.478921,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 15.888096,
        "energy": 14.810116,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
        "close": 87.32,
        "volume": 4603794,
        "typical_volume": 3818361.4,
        "trend": 85.773667,
        "fair_value": 90.846538,
        "relative_strength": -20.530701,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 9.945527,
        "energy": 9.167666,
        "activity_lines": [
          88.597333,
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          90.687286,
          89.319849
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      },
      {
        "date": "2026-07-24",
        "close": 86.88,
        "volume": 2771604,
        "typical_volume": 3731353.1,
        "trend": 86.462667,
        "fair_value": 91.155769,
        "relative_strength": -19.536833,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 6.653455,
        "energy": 6.740486,
        "activity_lines": [
          88.312,
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      },
      {
        "date": "2026-07-31",
        "close": 80.29,
        "volume": 7211260,
        "typical_volume": 3915376.8,
        "trend": 86.985333,
        "fair_value": 91.418718,
        "relative_strength": -25.438354,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -25.523094,
        "energy": 26.904017,
        "activity_lines": [
          85.558,
          87.551818,
          89.417714,
          88.992989
        ]
      },
      {
        "date": "2026-08-07",
        "close": 82.51,
        "volume": 8936673,
        "typical_volume": 4073742.9,
        "trend": 87.397,
        "fair_value": 91.693846,
        "relative_strength": -24.664947,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -28.446971,
        "energy": 36.408783,
        "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."
    }
  }
}