{
  "ticker": {
    "uuid": "33340b20-813c-4d46-99f3-77ecc9ff1161",
    "symbol": "PAC",
    "name": "Pacific Current Group 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": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 69.505,
    "architecture_energy": 44.008,
    "architecture_maturity": 73.38,
    "architecture_confidence": 58.676,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 21.86,
        "rotation_up": 44.45,
        "upward_expansion": 72.76,
        "deceleration": 70.83,
        "rotation_down": 27.63,
        "downward_expansion": 10.76
      },
      "activity_lines": [
        11.51,
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        11.244952,
        10.951305
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 11.8,
    "trend_reference": 10.567313,
    "distance_from_trend": 0.116651,
    "trend_direction": "Improving",
    "fair_value": 10.048454,
    "distance_from_fair_value": 0.17431,
    "fair_value_direction": "Improving",
    "relative_strength": 7.300992,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.221128,
    "excess_performance": 0.157423,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.116651,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.038807,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.17431,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.044634,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.07301,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.005576,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.221128,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.045188,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 54214,
      "relative_activity": 0.470636,
      "balance": 1.045188,
      "dry_up": 0.405986,
      "accumulation_observations": 0,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.041265,
      "annualized_volatility": 0.200229,
      "from_high_reference": -0.017485,
      "from_low_reference": 0.289114
    },
    "levels": {
      "trend_reference": 10.567313,
      "fair_value_reference": 10.048454,
      "structural_low": 9.2,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 25,
        "median_return": -0.001075,
        "positive_rate": 0.48,
        "directional_follow_through": 0.48,
        "median_excess_return": -0.013962,
        "regime_survival": 0.68,
        "best_return": 0.07208,
        "worst_return": -0.197297,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
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        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": 0.005116,
        "regime_survival": 0.5,
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        "worst_return": -0.138349,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
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        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
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        "regime_survival": 0.166667,
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        "sufficient": true
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      {
        "horizon": "Full cycle",
        "sample_count": 4,
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        "worst_return": 0.011682,
        "sufficient": false
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        "regime": "balance",
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        "regime": "downward_expansion",
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      },
      {
        "date": "2026-04-24",
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        "typical_volume": 112923.4,
        "trend": 10.010012,
        "fair_value": 9.632045,
        "relative_strength": 3.263158,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
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        "energy": 48.449993,
        "activity_lines": [
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      },
      {
        "date": "2026-05-01",
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        "stage": 2,
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        "modifier": "Balance after decline",
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        "energy": 76.011613,
        "activity_lines": [
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      },
      {
        "date": "2026-05-08",
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        "typical_volume": 120454.5,
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        "fair_value": 9.693044,
        "relative_strength": 6.743437,
        "stage": 2,
        "regime": "upward_expansion",
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        "activity_lines": [
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      },
      {
        "date": "2026-05-15",
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        "typical_volume": 123272.0,
        "trend": 10.121392,
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        "energy": 79.818919,
        "activity_lines": [
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      },
      {
        "date": "2026-05-22",
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        "typical_volume": 136776.1,
        "trend": 10.145712,
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        "stage": 2,
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        "gate": "up",
        "direction": 62.816958,
        "energy": 64.997965,
        "activity_lines": [
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      },
      {
        "date": "2026-05-29",
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        "typical_volume": 139632.5,
        "trend": 10.172551,
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        "activity_lines": [
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      },
      {
        "date": "2026-06-05",
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        "typical_volume": 142922.2,
        "trend": 10.196504,
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        "relative_strength": 8.321267,
        "stage": 2,
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        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
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        "trend": 10.200863,
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        "relative_strength": 6.141186,
        "stage": 2,
        "regime": "upward_expansion",
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      },
      {
        "date": "2026-06-19",
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        "activity_lines": [
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      },
      {
        "date": "2026-06-26",
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        "volume": 38235,
        "typical_volume": 141088.35,
        "trend": 10.283742,
        "fair_value": 9.909615,
        "relative_strength": 16.335334,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.730348,
        "energy": 76.330003,
        "activity_lines": [
          11.295333,
          11.093273,
          10.743069,
          10.509102
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      },
      {
        "date": "2026-07-03",
        "close": 11.75,
        "volume": 16152,
        "typical_volume": 140049.6,
        "trend": 10.335661,
        "fair_value": 9.944853,
        "relative_strength": 12.661012,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.963875,
        "energy": 80.850744,
        "activity_lines": [
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          10.603699
        ]
      },
      {
        "date": "2026-07-10",
        "close": 11.65,
        "volume": 48343,
        "typical_volume": 140256.1,
        "trend": 10.380981,
        "fair_value": 9.977338,
        "relative_strength": 12.021823,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.194325,
        "energy": 79.622139,
        "activity_lines": [
          11.605333,
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          10.688495
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      },
      {
        "date": "2026-07-17",
        "close": 11.5,
        "volume": 66506,
        "typical_volume": 135398.6,
        "trend": 10.422933,
        "fair_value": 10.007719,
        "relative_strength": 10.512811,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.3918,
        "energy": 75.807695,
        "activity_lines": [
          11.618667,
          11.396727,
          11.055857,
          10.76069
        ]
      },
      {
        "date": "2026-07-24",
        "close": 11.2,
        "volume": 32621,
        "typical_volume": 126305.7,
        "trend": 10.46044,
        "fair_value": 10.019276,
        "relative_strength": 7.770072,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.867914,
        "energy": 49.310672,
        "activity_lines": [
          11.496667,
          11.393636,
          11.101619,
          10.810823
        ]
      },
      {
        "date": "2026-07-31",
        "close": 11.35,
        "volume": 33726,
        "typical_volume": 120579.35,
        "trend": 10.512093,
        "fair_value": 10.03208,
        "relative_strength": 6.636566,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.178618,
        "energy": 37.112092,
        "activity_lines": [
          11.406667,
          11.414182,
          11.155048,
          10.868214
        ]
      },
      {
        "date": "2026-08-07",
        "close": 11.8,
        "volume": 54214,
        "typical_volume": 115193.0,
        "trend": 10.567313,
        "fair_value": 10.048454,
        "relative_strength": 7.300992,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.504624,
        "energy": 44.007502,
        "activity_lines": [
          11.51,
          11.501636,
          11.244952,
          10.951305
        ]
      }
    ],
    "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."
    }
  }
}