{
  "ticker": {
    "uuid": "2d1d2626-3a5b-4e7b-894a-99129e9dd9d2",
    "symbol": "NXR",
    "name": "iWOW Technology Limited",
    "exchange": "SES",
    "country": "SG",
    "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": "^STI",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "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": -76.851,
    "architecture_energy": 86.025,
    "architecture_maturity": 52.0,
    "architecture_confidence": 72.783,
    "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": 7.88,
        "rotation_up": 8.29,
        "upward_expansion": 19.58,
        "deceleration": 38.74,
        "rotation_down": 79.99,
        "downward_expansion": 92.92
      },
      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.666667
    },
    "latest_close": 0.265,
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    "distance_from_trend": -0.267281,
    "trend_direction": "Weakening",
    "fair_value": 0.253319,
    "distance_from_fair_value": 0.046112,
    "fair_value_direction": "Weakening",
    "relative_strength": -37.540232,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.329114,
    "excess_performance": -0.483949,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.267281,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.084774,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.046112,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.540018,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.375402,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.508587,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.329114,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 9.343186,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 19758600,
      "relative_activity": 17.393746,
      "balance": 9.343186,
      "dry_up": 4.746272,
      "accumulation_observations": 1,
      "distribution_observations": 1
    },
    "risk": {
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      "annualized_volatility": 0.604409,
      "from_high_reference": -0.485437,
      "from_low_reference": 0.558824
    },
    "levels": {
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      "fair_value_reference": 0.253319,
      "structural_low": 0.22,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
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    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 22,
        "median_return": -0.010363,
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        "median_excess_return": -0.012512,
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        "worst_return": -0.141026,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "worst_return": -0.130435,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
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        "horizon": "Full cycle",
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        "typical_volume": 258255.0,
        "trend": 0.403,
        "fair_value": 0.246879,
        "relative_strength": 13.596955,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -18.330116,
        "energy": 13.384649,
        "activity_lines": [
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      },
      {
        "date": "2026-05-22",
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        "typical_volume": 248870.0,
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        "energy": 17.557942,
        "activity_lines": [
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      },
      {
        "date": "2026-05-29",
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        "volume": 152300,
        "typical_volume": 237695.0,
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        "modifier": "Early contraction",
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        "energy": 25.192507,
        "activity_lines": [
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      },
      {
        "date": "2026-06-05",
        "close": 0.35,
        "volume": 35800,
        "typical_volume": 228150.0,
        "trend": 0.390667,
        "fair_value": 0.249137,
        "relative_strength": -3.835893,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
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        "direction": -63.030177,
        "energy": 33.474915,
        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
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        "volume": 0,
        "typical_volume": 221855.0,
        "trend": 0.386667,
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        "modifier": "Early contraction",
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        "energy": 49.246315,
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      },
      {
        "date": "2026-06-19",
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      },
      {
        "date": "2026-06-26",
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        "typical_volume": 209275.0,
        "trend": 0.3825,
        "fair_value": 0.251009,
        "relative_strength": -13.188753,
        "stage": 4,
        "regime": "downward_expansion",
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        "gate": "down",
        "direction": -80.949398,
        "energy": 88.300194,
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      },
      {
        "date": "2026-07-03",
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        "volume": 0,
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        "relative_strength": -14.498353,
        "stage": 4,
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        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.259501,
        "energy": 89.44296,
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          0.336333,
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      },
      {
        "date": "2026-07-10",
        "close": 0.335,
        "volume": 10000,
        "typical_volume": 204135.0,
        "trend": 0.378333,
        "fair_value": 0.252203,
        "relative_strength": -17.177988,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.216438,
        "energy": 85.694901,
        "activity_lines": [
          0.334333,
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          0.365753
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      },
      {
        "date": "2026-07-17",
        "close": 0.3,
        "volume": 1200,
        "typical_volume": 149880.0,
        "trend": 0.375167,
        "fair_value": 0.252685,
        "relative_strength": -26.622477,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -91.05861,
        "energy": 94.612636,
        "activity_lines": [
          0.321667,
          0.334636,
          0.350143,
          0.360699
        ]
      },
      {
        "date": "2026-07-24",
        "close": 0.32,
        "volume": 53400,
        "typical_volume": 147690.0,
        "trend": 0.371833,
        "fair_value": 0.253202,
        "relative_strength": -23.097736,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.388233,
        "energy": 70.961686,
        "activity_lines": [
          0.319667,
          0.329545,
          0.346357,
          0.35714
        ]
      },
      {
        "date": "2026-07-31",
        "close": 0.23,
        "volume": 1753100,
        "typical_volume": 230950.0,
        "trend": 0.365833,
        "fair_value": 0.25311,
        "relative_strength": -45.065344,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -95.398211,
        "energy": 90.807298,
        "activity_lines": [
          0.288667,
          0.309545,
          0.33431,
          0.347989
        ]
      },
      {
        "date": "2026-08-07",
        "close": 0.265,
        "volume": 19758600,
        "typical_volume": 1135960.0,
        "trend": 0.361667,
        "fair_value": 0.253319,
        "relative_strength": -37.540232,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.85141,
        "energy": 86.025427,
        "activity_lines": [
          0.276,
          0.298818,
          0.32631,
          0.341484
        ]
      }
    ],
    "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."
    }
  }
}