{ "ticker": { "uuid": "238f264e-a6c9-484f-92f3-04beafdbaf31", "symbol": "PRU", "name": "Perseus Mining Limited", "exchange": "TOR", "country": "CA", "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": "^GSPTSE", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 91.615, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -21.855, "architecture_energy": 16.613, "architecture_maturity": 10.446, "architecture_confidence": 73.778, "architecture_tenure": "New", "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": 43.42, "rotation_up": 19.63, "upward_expansion": 10.09, "deceleration": 52.51, "rotation_down": 43.78, "downward_expansion": 69.09 }, "activity_lines": [ 4.929333, 4.924545, 5.021905, 5.079163 ], "activity_state": "Compressed", "activity_direction": "Stable", "rotation_direction": "Stable", "price_acceptance": -0.5 }, "latest_close": 5.44, "trend_reference": 5.174883, "distance_from_trend": 0.051232, "trend_direction": "Weakening", "fair_value": 3.088992, "distance_from_fair_value": 0.761092, "fair_value_direction": "Weakening", "relative_strength": 0.137817, "relative_strength_direction": "Weakening", "price_momentum": 0.049146, "excess_performance": -0.071276, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.051232, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.000224, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.761092, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.186914, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.001378, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.115362, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.049146, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.768795, "read": "Supply-led" } ], "volume": { "latest": 124800, "relative_activity": 1.02678, "balance": 0.768795, "dry_up": 1.005389, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.088235, "annualized_volatility": 0.472863, "from_high_reference": -0.1359, "from_low_reference": 0.758664 }, "levels": { "trend_reference": 5.174883, "fair_value_reference": 3.088992, "structural_low": 4.2, "invalidation": "A decisive 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[ 5.042, 5.099636, 5.166862, 5.202138 ] }, { "date": "2026-07-03", "close": 5.11, "volume": 7100, "typical_volume": 147955.0, "trend": 5.214577, "fair_value": 2.980966, "relative_strength": -1.535219, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.790912, "energy": 20.632449, "activity_lines": [ 5.074, 5.087091, 5.155805, 5.195678 ] }, { "date": "2026-07-10", "close": 4.82, "volume": 183400, "typical_volume": 149080.0, "trend": 5.210006, "fair_value": 3.00196, "relative_strength": -7.506827, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.366539, "energy": 24.13569, "activity_lines": [ 5.014667, 5.029091, 5.119233, 5.170221 ] }, { "date": "2026-07-17", "close": 4.48, "volume": 132700, "typical_volume": 142655.0, "trend": 5.193109, "fair_value": 3.021381, "relative_strength": -14.052256, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -67.050974, "energy": 47.695254, "activity_lines": [ 4.832, 4.917636, 5.054333, 5.123124 ] }, { "date": "2026-07-24", "close": 4.72, "volume": 136900, "typical_volume": 132610.0, "trend": 5.179256, "fair_value": 3.042402, "relative_strength": -9.93732, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.311058, "energy": 50.915831, "activity_lines": [ 4.755333, 4.867455, 5.019048, 5.092601 ] }, { "date": "2026-07-31", "close": 4.7, "volume": 94400, "typical_volume": 133340.0, "trend": 5.169032, "fair_value": 3.063234, "relative_strength": -10.23544, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.878074, "energy": 56.474818, "activity_lines": [ 4.704667, 4.824545, 4.984667, 5.061681 ] }, { "date": "2026-08-07", "close": 5.44, "volume": 124800, "typical_volume": 121545.0, "trend": 5.174883, "fair_value": 3.088992, "relative_strength": 0.137817, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.854817, "energy": 16.612696, "activity_lines": [ 4.929333, 4.924545, 5.021905, 5.079163 ] } ], "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." } } }