{
  "ticker": {
    "uuid": "f65717cc-cd14-4a25-9bf3-d3f0ccecbd98",
    "symbol": "BRK-B",
    "name": "Berkshire Hathaway 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": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 49.371,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 77.172,
    "architecture_energy": 63.117,
    "architecture_maturity": 7.309,
    "architecture_confidence": 72.706,
    "architecture_tenure": "New",
    "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": 24.08,
        "rotation_up": 64.77,
        "upward_expansion": 82.91,
        "deceleration": 50.86,
        "rotation_down": 13.13,
        "downward_expansion": 11.91
      },
      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.5
    },
    "latest_close": 521.8,
    "trend_reference": 489.328333,
    "distance_from_trend": 0.06636,
    "trend_direction": "Weakening",
    "fair_value": 453.050064,
    "distance_from_fair_value": 0.151749,
    "fair_value_direction": "Improving",
    "relative_strength": -5.69168,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.026983,
    "excess_performance": -0.098641,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.06636,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.002197,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.151749,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.070419,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.056917,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.082518,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.026983,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.878036,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 20767600,
      "relative_activity": 0.904275,
      "balance": 3.878036,
      "dry_up": 0.912646,
      "accumulation_observations": 4,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.029632,
      "annualized_volatility": 0.122944,
      "from_high_reference": -0.006928,
      "from_low_reference": 0.125772
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    "levels": {
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      "fair_value_reference": 453.050064,
      "structural_low": 464.01,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
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    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 33,
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        "positive_rate": 0.575758,
        "directional_follow_through": 0.575758,
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        "worst_return": -0.093903,
        "sufficient": true
      },
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        "horizon": "Intermediate",
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        "sufficient": true
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        "horizon": "Extended",
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        "horizon": "Full cycle",
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        "date": "2026-06-05",
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      },
      {
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 24004754.35,
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        "relative_strength": -8.304047,
        "stage": 3,
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        "modifier": "Value reclamation",
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 23050965.65,
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        "fair_value": 450.966731,
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        "stage": 3,
        "regime": "rotation_up",
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      },
      {
        "date": "2026-07-31",
        "close": 511.54,
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        "typical_volume": 23145913.35,
        "trend": 488.571667,
        "fair_value": 452.002308,
        "relative_strength": -4.463251,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 69.254062,
        "energy": 38.811651,
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      },
      {
        "date": "2026-08-07",
        "close": 521.8,
        "volume": 20767600,
        "typical_volume": 22966025.5,
        "trend": 489.328333,
        "fair_value": 453.050064,
        "relative_strength": -5.69168,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.172004,
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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."
    }
  }
}