{ "ticker": { "uuid": "15160907-f9ee-4768-80bd-5d1a2b712fe2", "symbol": "RDIB", "name": "Reading International B 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": -38.036, "architecture_energy": 20.34, "architecture_maturity": 88.837, "architecture_confidence": 72.937, "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": 33.52, "rotation_up": 26.03, "upward_expansion": 18.61, "deceleration": 46.65, "rotation_down": 31.91, "downward_expansion": 59.61 }, "activity_lines": [ 8.85, 8.761636, 8.926727, 9.273896 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 9.0, "trend_reference": 9.916367, "distance_from_trend": -0.09241, "trend_direction": "Weakening", "fair_value": 11.234535, "distance_from_fair_value": -0.198899, "fair_value_direction": "Weakening", "relative_strength": -26.703542, "relative_strength_direction": "Weakening", "price_momentum": -0.331352, "excess_performance": -0.518806, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.09241, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.079921, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.198899, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.010714, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.267035, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.02174, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.331352, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 4.200103, "read": "Demand-led" } ], "volume": { "latest": 101933, "relative_activity": 6.777978, "balance": 4.200103, "dry_up": 2.419966, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.085983, "annualized_volatility": 0.560561, "from_high_reference": -0.482759, "from_low_reference": 0.125 }, "levels": { "trend_reference": 9.916367, "fair_value_reference": 11.234535, "structural_low": 8.0, "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": 25, "median_return": -0.003808, "positive_rate": 0.44, "directional_follow_through": 0.56, "median_excess_return": -0.056008, "regime_survival": 0.8, "best_return": 0.29615, "worst_return": -0.30378, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.021505, "positive_rate": 0.444444, "directional_follow_through": 0.555556, "median_excess_return": -0.10171, "regime_survival": 0.555556, "best_return": 0.5625, "worst_return": -0.481429, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.042473, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": -0.184178, "regime_survival": 0.2, "best_return": 0.410937, "worst_return": -0.542857, "sufficient": true }, { "horizon": "Full cycle", 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"balance", "label": "Balance", "color": "blue", "start": "2024-08-02", "end": "2024-08-16", "tenure": "New", "return": -0.178519, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-23", "end": "2025-02-28", "tenure": "Extended", "return": -0.466972, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-04-18", "tenure": "Developing", "return": 0.282051, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-04-25", "end": "2025-06-06", "tenure": "Developing", "return": -0.143304, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-06-13", "end": "2025-08-15", "tenure": "Developing", "return": 0.143272, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-22", "end": "2025-10-17", "tenure": "Developing", "return": -0.150769, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-24", "end": "2026-02-20", "tenure": "Established", "return": 0.093103, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-27", "end": "2026-03-06", "tenure": "New", "return": -0.060976, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-13", "end": "2026-03-20", "tenure": "New", "return": -0.229287, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-27", "end": "2026-08-07", "tenure": "Established", "return": -0.043571, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 18.25, "volume": 21295, "typical_volume": 29087.5, "trend": 21.343333, "fair_value": 21.828561, "relative_strength": -23.236798, "stage": 4, "regime": "downward_expansion", "modifier": "Early 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-63.284925, "energy": 63.194584, "activity_lines": [ 8.548, 8.709818, 9.061887, 9.592636 ] }, { "date": "2026-07-17", "close": 9.01, "volume": 613, "typical_volume": 15257.15, "trend": 10.1807, "fair_value": 11.444855, "relative_strength": -25.40119, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.610719, "energy": 48.084011, "activity_lines": [ 8.696, 8.723273, 9.018787, 9.512612 ] }, { "date": "2026-07-24", "close": 9.14, "volume": 40587, "typical_volume": 13870.95, "trend": 10.101367, "fair_value": 11.369471, "relative_strength": -22.67817, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.882798, "energy": 29.636264, "activity_lines": [ 8.853333, 8.778182, 9.003735, 9.445471 ] }, { "date": "2026-07-31", "close": 8.45, "volume": 2441, "typical_volume": 11105.35, "trend": 10.008033, "fair_value": 11.295432, "relative_strength": -28.571476, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.279827, "energy": 31.409275, "activity_lines": [ 8.758, 8.712364, 8.934445, 9.338931 ] }, { "date": "2026-08-07", "close": 9.0, "volume": 101933, "typical_volume": 15038.85, "trend": 9.916367, "fair_value": 11.234535, "relative_strength": -26.703542, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.035677, "energy": 20.340203, "activity_lines": [ 8.85, 8.761636, 8.926727, 9.273896 ] } ], "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." } } }