{ "ticker": { "uuid": "6f64877e-0907-490c-8364-80b746e43345", "symbol": "N02", "name": "NSL Ltd", "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": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -31.205, "architecture_energy": 13.935, "architecture_maturity": 40.707, "architecture_confidence": 68.9, "architecture_tenure": "Developing", "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": 49.87, "rotation_up": 24.82, "upward_expansion": 16.53, "deceleration": 40.92, "rotation_down": 33.92, "downward_expansion": 59.53 }, "activity_lines": [ 0.879667, 0.878455, 0.884857, 0.885971 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 0.88, "trend_reference": 0.889782, "distance_from_trend": -0.010994, "trend_direction": "Weakening", "fair_value": 0.740568, "distance_from_fair_value": 0.188278, "fair_value_direction": "Weakening", "relative_strength": -16.038838, "relative_strength_direction": "Weakening", "price_momentum": -0.032618, "excess_performance": -0.187453, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.010994, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.000326, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.188278, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.116085, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.160388, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.167087, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.032618, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.886598, "read": "Demand-led" } ], "volume": { "latest": 1200, "relative_activity": 0.093897, "balance": 1.886598, "dry_up": 1.674491, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.034091, "annualized_volatility": 0.242653, "from_high_reference": -0.06383, "from_low_reference": 0.253788 }, "levels": { "trend_reference": 0.889782, "fair_value_reference": 0.740568, "structural_low": 0.78, 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"activity_lines": [ 0.876333, 0.886364, 0.888357, 0.890112 ] }, { "date": "2026-07-10", "close": 0.87, "volume": 18000, "typical_volume": 13370.0, "trend": 0.891779, "fair_value": 0.729809, "relative_strength": -14.070839, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.187436, "energy": 69.499214, "activity_lines": [ 0.874333, 0.882091, 0.886667, 0.888685 ] }, { "date": "2026-07-17", "close": 0.9, "volume": 16200, "typical_volume": 12290.0, "trend": 0.892434, "fair_value": 0.732609, "relative_strength": -11.674984, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.161846, "energy": 21.343136, "activity_lines": [ 0.883, 0.883727, 0.887952, 0.889215 ] }, { "date": "2026-07-24", "close": 0.855, "volume": 18100, "typical_volume": 12190.0, "trend": 0.892079, "fair_value": 0.735122, "relative_strength": -17.126455, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.998453, "energy": 35.856031, "activity_lines": [ 0.875, 0.877545, 0.884952, 0.8868 ] }, { "date": "2026-07-31", "close": 0.89, "volume": 50100, "typical_volume": 12975.0, "trend": 0.890771, "fair_value": 0.737858, "relative_strength": -14.190473, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.974389, "energy": 15.867368, "activity_lines": [ 0.879667, 0.878545, 0.885405, 0.886666 ] }, { "date": "2026-08-07", "close": 0.88, "volume": 1200, "typical_volume": 12780.0, "trend": 0.889782, "fair_value": 0.740568, "relative_strength": -16.038838, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.204693, "energy": 13.935236, "activity_lines": [ 0.879667, 0.878455, 0.884857, 0.885971 ] } ], "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." } } }