{
  "ticker": {
    "uuid": "edefad87-85aa-42e3-8ed6-f849589ec28a",
    "symbol": "DLPN",
    "name": "Dolphin Entertainment 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": -59.693,
    "architecture_energy": 43.571,
    "architecture_maturity": 61.643,
    "architecture_confidence": 96,
    "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": 8.64,
        "rotation_up": 25.1,
        "upward_expansion": 6.22,
        "deceleration": 55.55,
        "rotation_down": 52.41,
        "downward_expansion": 81.89
      },
      "activity_lines": [
        1.068,
        1.082495,
        1.159334,
        1.249351
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.833333
    },
    "latest_close": 1.1,
    "trend_reference": 1.368727,
    "distance_from_trend": -0.196333,
    "trend_direction": "Weakening",
    "fair_value": 1.780204,
    "distance_from_fair_value": -0.382093,
    "fair_value_direction": "Weakening",
    "relative_strength": -32.013367,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.308176,
    "excess_performance": -0.49563,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.196333,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.106672,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.382093,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.091556,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.320134,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.168787,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.308176,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.423311,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 115925,
      "relative_activity": 0.964214,
      "balance": 0.423311,
      "dry_up": 0.587732,
      "accumulation_observations": 1,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.144517,
      "annualized_volatility": 0.35661,
      "from_high_reference": -0.414862,
      "from_low_reference": 0.111111
    },
    "levels": {
      "trend_reference": 1.368727,
      "fair_value_reference": 1.780204,
      "structural_low": 1.02,
      "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": 41,
        "median_return": -0.075772,
        "positive_rate": 0.365854,
        "directional_follow_through": 0.634146,
        "median_excess_return": -0.053917,
        "regime_survival": 0.926829,
        "best_return": 0.364985,
        "worst_return": -0.290196,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 14,
        "median_return": -0.163127,
        "positive_rate": 0.285714,
        "directional_follow_through": 0.714286,
        "median_excess_return": -0.249154,
        "regime_survival": 0.857143,
        "best_return": 0.072727,
        "worst_return": -0.448956,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": -0.226744,
        "positive_rate": 0.142857,
        "directional_follow_through": 0.857143,
        "median_excess_return": -0.409744,
        "regime_survival": 0.714286,
        "best_return": 0.090909,
        "worst_return": -0.489474,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": -0.464848,
        "positive_rate": 0.25,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.571112,
        "regime_survival": 0.75,
        "best_return": 0.490741,
        "worst_return": -0.676647,
        "sufficient": false
      }
    ],
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        "regime": "upward_expansion",
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        "color": "green",
        "start": "2021-09-03",
        "end": "2021-11-26",
        "tenure": "Established",
        "return": -0.289332,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2021-12-03",
        "end": "2022-01-07",
        "tenure": "Developing",
        "return": 0.023438,
        "active": false
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      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "end": "2022-07-29",
        "tenure": "Extended",
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        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2022-08-26",
        "tenure": "New",
        "return": -0.221135,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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      {
        "regime": "balance",
        "label": "Balance",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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        "start": "2023-09-08",
        "end": "2025-04-25",
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        "active": false
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      {
        "regime": "balance",
        "label": "Balance",
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        "active": false
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      {
        "regime": "upward_expansion",
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        "active": false
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      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2026-01-23",
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      },
      {
        "date": "2026-04-24",
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        "date": "2026-05-08",
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      },
      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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        "fair_value": 1.871229,
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        "regime": "downward_expansion",
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      },
      {
        "date": "2026-07-10",
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        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
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      },
      {
        "date": "2026-07-17",
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        "volume": 85167,
        "typical_volume": 121050.1,
        "trend": 1.414393,
        "fair_value": 1.834242,
        "relative_strength": -31.585122,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.590429,
        "energy": 48.198287,
        "activity_lines": [
          1.09424,
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          1.226979,
          1.314782
        ]
      },
      {
        "date": "2026-07-24",
        "close": 1.07,
        "volume": 36865,
        "typical_volume": 117571.6,
        "trend": 1.40406,
        "fair_value": 1.814947,
        "relative_strength": -30.702324,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.826549,
        "energy": 48.75827,
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          1.083787,
          1.103287,
          1.202447,
          1.292563
        ]
      },
      {
        "date": "2026-07-31",
        "close": 1.02,
        "volume": 44689,
        "typical_volume": 117510.35,
        "trend": 1.385727,
        "fair_value": 1.796229,
        "relative_strength": -33.993893,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.239098,
        "energy": 51.42423,
        "activity_lines": [
          1.058667,
          1.083709,
          1.175819,
          1.267785
        ]
      },
      {
        "date": "2026-08-07",
        "close": 1.1,
        "volume": 115925,
        "typical_volume": 120227.45,
        "trend": 1.368727,
        "fair_value": 1.780204,
        "relative_strength": -32.013367,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.693436,
        "energy": 43.571113,
        "activity_lines": [
          1.068,
          1.082495,
          1.159334,
          1.249351
        ]
      }
    ],
    "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."
    }
  }
}