{ "ticker": { "uuid": "63eb1d6d-986c-48ed-b52f-ddba1446943f", "symbol": "CJLU", "name": "NetLink NBN Trust", "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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 68.723, "architecture_energy": 68.638, "architecture_maturity": 5.155, "architecture_confidence": 68.719, "architecture_tenure": "New", "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": 22.82, "rotation_up": 68.38, "upward_expansion": 85.48, "deceleration": 48.02, "rotation_down": 12.73, "downward_expansion": 16.82 }, "activity_lines": [ 0.999667, 0.989909, 0.986272, 0.980094 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 1.01, "trend_reference": 0.971681, "distance_from_trend": 0.039436, "trend_direction": "Improving", "fair_value": 0.828075, "distance_from_fair_value": 0.219697, "fair_value_direction": "Improving", "relative_strength": -10.174956, "relative_strength_direction": "Weakening", "price_momentum": 0.053652, "excess_performance": -0.101183, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.039436, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.019184, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.219697, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.012325, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.10175, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.078433, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.053652, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.178104, "read": "Demand-led" } ], "volume": { "latest": 20702000, "relative_activity": 0.876591, "balance": 3.178104, "dry_up": 1.145361, "accumulation_observations": 4, "distribution_observations": 0 }, "risk": { "range_context": 0.019319, "annualized_volatility": 0.079031, "from_high_reference": -0.009804, "from_low_reference": 0.192585 }, "levels": { "trend_reference": 0.971681, "fair_value_reference": 0.828075, "structural_low": 0.92451, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 31, "median_return": 0.002204, "positive_rate": 0.548387, "directional_follow_through": 0.548387, "median_excess_return": -0.006504, "regime_survival": 0.741935, "best_return": 0.083333, "worst_return": -0.027684, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.019468, "positive_rate": 0.727273, "directional_follow_through": 0.727273, "median_excess_return": -0.04272, "regime_survival": 0.545455, "best_return": 0.083333, "worst_return": -0.014727, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.045646, "positive_rate": 0.833333, "directional_follow_through": 0.833333, "median_excess_return": -0.050022, "regime_survival": 0.333333, "best_return": 0.104312, "worst_return": -0.028201, 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0.974682 ] }, { "date": "2026-07-31", "close": 1.01, "volume": 28581800, "typical_volume": 23299072.5, "trend": 0.969318, "fair_value": 0.826157, "relative_strength": -9.267834, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 69.083141, "energy": 51.474901, "activity_lines": [ 0.991333, 0.985182, 0.983234, 0.977469 ] }, { "date": "2026-08-07", "close": 1.01, "volume": 20702000, "typical_volume": 23616482.5, "trend": 0.971681, "fair_value": 0.828075, "relative_strength": -10.174956, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.722541, "energy": 68.637954, "activity_lines": [ 0.999667, 0.989909, 0.986272, 0.980094 ] } ], "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." } } }