{ "ticker": { "uuid": "08f21f1a-3a3b-4928-aeda-4b66067c72ea", "symbol": "ARTL", "name": "Artelo Biosciences 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": -79.937, "architecture_energy": 92.22, "architecture_maturity": 71.0, "architecture_confidence": 94.157, "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": 3.33, "rotation_up": 29.99, "upward_expansion": 22.0, "deceleration": 37.0, "rotation_down": 61.93, "downward_expansion": 97.66 }, "activity_lines": [ 0.875, 0.995273, 1.535262, 2.391301 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": -0.833333 }, "latest_close": 0.721, "trend_reference": 3.315867, "distance_from_trend": -0.782561, "trend_direction": "Weakening", "fair_value": 18.32574, "distance_from_fair_value": -0.960656, "fair_value_direction": "Weakening", "relative_strength": -91.339656, "relative_strength_direction": "Weakening", "price_momentum": -0.836508, "excess_performance": -1.023962, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.782561, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.286629, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.960656, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.08088, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.913397, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.060278, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.836508, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.808637, "read": "Supply-led" } ], "volume": { "latest": 566341, "relative_activity": 0.054199, "balance": 0.808637, "dry_up": 0.090118, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.434887, "annualized_volatility": 1.691654, "from_high_reference": -0.97722, "from_low_reference": 0.022405 }, "levels": { "trend_reference": 3.315867, "fair_value_reference": 18.32574, "structural_low": 0.7052, "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": 48, "median_return": -0.055881, "positive_rate": 0.354167, "directional_follow_through": 0.645833, "median_excess_return": -0.073099, "regime_survival": 0.875, "best_return": 1.012626, "worst_return": -0.43871, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 16, "median_return": -0.215328, "positive_rate": 0.1875, "directional_follow_through": 0.8125, "median_excess_return": -0.242055, "regime_survival": 0.75, "best_return": 0.07971, "worst_return": -0.448387, "sufficient": true }, { "horizon": "Extended", "sample_count": 9, "median_return": -0.339668, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.349981, "regime_survival": 0.555556, "best_return": -0.099359, "worst_return": -0.635484, "sufficient": true }, { "horizon": "Full cycle", 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545540, "typical_volume": 14014655.7, "trend": 3.535167, "fair_value": 18.769021, "relative_strength": -88.859922, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.420101, "energy": 87.894647, "activity_lines": [ 1.085333, 1.155455, 1.9845, 2.74472 ] }, { "date": "2026-07-31", "close": 0.77, "volume": 981692, "typical_volume": 14036895.9, "trend": 3.433833, "fair_value": 18.542034, "relative_strength": -90.927957, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.390218, "energy": 91.468709, "activity_lines": [ 0.976667, 1.076, 1.755095, 2.566323 ] }, { "date": "2026-08-07", "close": 0.721, "volume": 566341, "typical_volume": 10449356.2, "trend": 3.315867, "fair_value": 18.32574, "relative_strength": -91.339656, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.937102, "energy": 92.220145, "activity_lines": [ 0.875, 0.995273, 1.535262, 2.391301 ] } ], "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." } } }