{ "ticker": { "uuid": "1ea1eb9b-7828-4dd7-8d6c-bcf140033f9d", "symbol": "ASX", "name": "ASX Limited", "exchange": "ASX", "country": "AU", "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": "^AXJO", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 63.935, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "up", "architecture_direction": 63.174, "architecture_energy": 41.52, "architecture_maturity": 14.005, "architecture_confidence": 62.224, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 43.92, "rotation_up": 66.12, "upward_expansion": 73.7, "deceleration": 60.29, "rotation_down": 8.96, "downward_expansion": 2.7 }, "activity_lines": [ 55.980667, 54.529637, 54.368619, 54.270318 ], "activity_state": "Compressed", "activity_direction": "Stable", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 57.599998, "trend_reference": 54.083642, "distance_from_trend": 0.065017, "trend_direction": "Weakening", "fair_value": 58.719866, "distance_from_fair_value": -0.019071, "fair_value_direction": "Weakening", "relative_strength": -0.977958, "relative_strength_direction": "Improving", "price_momentum": 0.042598, "excess_performance": -0.021108, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.065017, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.009275, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.019071, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.005982, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.00978, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.002627, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.042598, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.348698, "read": "Demand-led" } ], "volume": { "latest": 3393212, "relative_activity": 1.048781, "balance": 3.348698, "dry_up": 1.12399, "accumulation_observations": 6, "distribution_observations": 1 }, "risk": { "range_context": 0.059909, "annualized_volatility": 0.458024, "from_high_reference": -0.089228, "from_low_reference": 0.284854 }, "levels": { "trend_reference": 54.083642, "fair_value_reference": 58.719866, "structural_low": 44.830002, "invalidation": 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-27.905722, "energy": 27.919356, "activity_lines": [ 51.124667, 51.840364, 53.54981, 53.600227 ] }, { "date": "2026-07-10", "close": 54.200001, "volume": 3488202, "typical_volume": 3272976.6, "trend": 53.416039, "fair_value": 58.714291, "relative_strength": -3.59968, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -5.193538, "energy": 7.762041, "activity_lines": [ 52.378, 51.941091, 53.595286, 53.647288 ] }, { "date": "2026-07-17", "close": 57.5, "volume": 4102915, "typical_volume": 3324330.6, "trend": 53.629211, "fair_value": 58.727343, "relative_strength": 2.810022, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.719342, "energy": 23.649199, "activity_lines": [ 54.296667, 52.776, 53.950619, 53.910769 ] }, { "date": "2026-07-24", "close": 54.330002, "volume": 4031175, "typical_volume": 3390368.95, "trend": 53.730174, "fair_value": 58.719497, "relative_strength": -2.12227, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.02697, "energy": 20.076169, "activity_lines": [ 54.605334, 53.047819, 53.982429, 53.955981 ] }, { "date": "2026-07-31", "close": 54.880001, "volume": 3018868, "typical_volume": 3314174.35, "trend": 53.877605, "fair_value": 58.710386, "relative_strength": -2.892914, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.793236, "energy": 23.210472, "activity_lines": [ 54.942668, 53.499455, 54.059334, 54.030164 ] }, { "date": "2026-08-07", "close": 57.599998, "volume": 3393212, "typical_volume": 3235385.6, "trend": 54.083642, "fair_value": 58.719866, "relative_strength": -0.977958, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 63.173629, "energy": 41.519949, "activity_lines": [ 55.980667, 54.529637, 54.368619, 54.270318 ] } ], "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." } } }