{ "ticker": { "uuid": "46b5b5e2-b6b8-4f36-a666-7043bdd16963", "symbol": "TWE", "name": "Treasury Wine Estates 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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Emerging rotation", "architecture_gate": "mixed", "architecture_direction": 57.59, "architecture_energy": 67.628, "architecture_maturity": 26.889, "architecture_confidence": 57.46, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 19.04, "rotation_up": 69.48, "upward_expansion": 61.49, "deceleration": 24.12, "rotation_down": 19.02, "downward_expansion": 22.15 }, "activity_lines": [ 5.01, 4.866, 4.677667, 4.565935 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 5.43, "trend_reference": 4.578, "distance_from_trend": 0.186107, "trend_direction": "Weakening", "fair_value": 8.628215, "distance_from_fair_value": -0.370669, "fair_value_direction": "Improving", "relative_strength": -3.3926, "relative_strength_direction": "Improving", "price_momentum": 0.068898, "excess_performance": 0.005192, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.186107, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.047441, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.370669, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.152649, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.033926, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.260827, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.068898, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.255052, "read": "Demand-led" } ], "volume": { "latest": 21586106, "relative_activity": 1.297024, "balance": 1.255052, "dry_up": 0.912752, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.063323, "annualized_volatility": 0.404866, "from_high_reference": -0.320929, "from_low_reference": 0.625749 }, "levels": { "trend_reference": 4.578, "fair_value_reference": 8.628215, "structural_low": 3.34, "invalidation": "A renewed 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30.007246, "energy": 19.74863, "activity_lines": [ 4.664667, 4.651818, 4.481667, 4.479785 ] }, { "date": "2026-07-24", "close": 4.73, "volume": 12732288, "typical_volume": 20450280.75, "trend": 4.581667, "fair_value": 8.698057, "relative_strength": -12.687842, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.97423, "energy": 20.152754, "activity_lines": [ 4.683333, 4.677091, 4.521333, 4.487935 ] }, { "date": "2026-07-31", "close": 4.93, "volume": 12864257, "typical_volume": 19748412.05, "trend": 4.569333, "fair_value": 8.661301, "relative_strength": -10.236158, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.923899, "energy": 30.680313, "activity_lines": [ 4.770667, 4.73, 4.578048, 4.510409 ] }, { "date": "2026-08-07", "close": 5.43, "volume": 21586106, "typical_volume": 16642798.9, "trend": 4.578, "fair_value": 8.628215, "relative_strength": -3.3926, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 57.590086, "energy": 67.628169, "activity_lines": [ 5.01, 4.866, 4.677667, 4.565935 ] } ], "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." } } }