{
  "ticker": {
    "uuid": "f635e0a6-eb79-4b6b-8b55-d27f18466e08",
    "symbol": "DEI",
    "name": "Douglas Emmett 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": 61.876,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 41.19,
    "architecture_energy": 28.441,
    "architecture_maturity": 44.787,
    "architecture_confidence": 43.818,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 40.35,
        "rotation_up": 36.2,
        "upward_expansion": 62.41,
        "deceleration": 65.19,
        "rotation_down": 24.58,
        "downward_expansion": 14.74
      },
      "activity_lines": [
        11.973333,
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        11.34949
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      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
    },
    "latest_close": 11.69,
    "trend_reference": 10.903525,
    "distance_from_trend": 0.07213,
    "trend_direction": "Improving",
    "fair_value": 13.0211,
    "distance_from_fair_value": -0.102226,
    "fair_value_direction": "Weakening",
    "relative_strength": -11.789395,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.126137,
    "excess_performance": 0.000512,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.07213,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.024591,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.102226,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.042587,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.117894,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.012588,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.126137,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.012973,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 11391503,
      "relative_activity": 1.013982,
      "balance": 1.012973,
      "dry_up": 0.907463,
      "accumulation_observations": 5,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.074432,
      "annualized_volatility": 0.32289,
      "from_high_reference": -0.277009,
      "from_low_reference": 0.307652
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    "levels": {
      "trend_reference": 10.903525,
      "fair_value_reference": 13.0211,
      "structural_low": 8.939688,
      "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": 12,
        "median_return": -0.021305,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.041894,
        "regime_survival": 0.666667,
        "best_return": 0.126972,
        "worst_return": -0.182502,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": -0.05139,
        "positive_rate": 0.2,
        "directional_follow_through": 0.2,
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        "regime_survival": 0.2,
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        "worst_return": -0.30599,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
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        "positive_rate": 0.25,
        "directional_follow_through": 0.25,
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        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "worst_return": -0.46662,
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      }
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        "regime": "deceleration",
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        "regime": "balance",
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        "regime": "upward_expansion",
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        "regime": "downward_expansion",
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      },
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 11646899.85,
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        "fair_value": 13.024413,
        "relative_strength": -4.525573,
        "stage": 2,
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        "modifier": "Early expansion",
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      },
      {
        "date": "2026-07-31",
        "close": 11.82,
        "volume": 8306461,
        "typical_volume": 11426618.85,
        "trend": 10.876543,
        "fair_value": 13.021739,
        "relative_strength": -8.363481,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.055954,
        "energy": 36.518814,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 11.69,
        "volume": 11391503,
        "typical_volume": 11234418.95,
        "trend": 10.903525,
        "fair_value": 13.0211,
        "relative_strength": -11.789395,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 41.190405,
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        "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."
    }
  }
}