{
  "ticker": {
    "uuid": "759422c0-7715-4bcf-a893-0938135ae1e2",
    "symbol": "EBO",
    "name": "EBOS 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": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 83.734,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "down",
    "architecture_direction": 1.681,
    "architecture_energy": 23.858,
    "architecture_maturity": 13.698,
    "architecture_confidence": 48.372,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 52.75,
        "rotation_up": 46.69,
        "upward_expansion": 37.03,
        "deceleration": 38.52,
        "rotation_down": 14.3,
        "downward_expansion": 43.03
      },
      "activity_lines": [
        18.463334,
        18.089455,
        17.715286,
        17.939755
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.5
    },
    "latest_close": 18.360001,
    "trend_reference": 18.577269,
    "distance_from_trend": -0.011695,
    "trend_direction": "Weakening",
    "fair_value": 28.315485,
    "distance_from_fair_value": -0.351592,
    "fair_value_direction": "Improving",
    "relative_strength": -19.116186,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.123868,
    "excess_performance": -0.187573,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.011695,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.097751,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.351592,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.056099,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.191162,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.133292,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.123868,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.722721,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 832986,
      "relative_activity": 1.956182,
      "balance": 0.722721,
      "dry_up": 1.188498,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.049103,
      "annualized_volatility": 0.231275,
      "from_high_reference": -0.500872,
      "from_low_reference": 0.170918
    },
    "levels": {
      "trend_reference": 18.577269,
      "fair_value_reference": 28.315485,
      "structural_low": 15.68,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 9,
        "median_return": 0.019661,
        "positive_rate": 0.777778,
        "directional_follow_through": 0.777778,
        "median_excess_return": 0.018094,
        "regime_survival": 0.555556,
        "best_return": 0.120902,
        "worst_return": -0.068654,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": -0.005369,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.021122,
        "regime_survival": 0.0,
        "best_return": 0.034806,
        "worst_return": -0.215766,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": -0.011326,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.031382,
        "regime_survival": 0.25,
        "best_return": 0.110984,
        "worst_return": -0.346011,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.04764,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.02773,
        "regime_survival": 0.0,
        "best_return": 0.156348,
        "worst_return": -0.273428,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-05-10",
        "end": "2024-08-09",
        "tenure": "Established",
        "return": 0.051095,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-08-16",
        "end": "2024-09-20",
        "tenure": "Developing",
        "return": 0.069153,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-09-27",
        "end": "2024-11-01",
        "tenure": "Developing",
        "return": -0.007576,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-11-08",
        "end": "2024-11-15",
        "tenure": "New",
        "return": -0.000893,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-11-22",
        "end": "2025-01-03",
        "tenure": "Developing",
        "return": 0.000296,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-10",
        "end": "2025-02-07",
        "tenure": "Developing",
        "return": 0.120902,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-14",
        "end": "2025-03-21",
        "tenure": "Developing",
        "return": -0.05188,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-03-28",
        "end": "2025-05-16",
        "tenure": "Developing",
        "return": 0.050838,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-23",
        "end": "2025-06-06",
        "tenure": "New",
        "return": -0.02391,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-13",
        "end": "2025-07-11",
        "tenure": "Developing",
        "return": 0.074882,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-18",
        "end": "2025-08-22",
        "tenure": "Developing",
        "return": -0.014509,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-08-29",
        "end": "2025-09-05",
        "tenure": "New",
        "return": -0.040031,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-09-12",
        "end": "2026-07-17",
        "tenure": "Extended",
        "return": -0.258063,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.006027,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-18",
        "close": 29.346495,
        "volume": 82048,
        "typical_volume": 139451.15,
        "trend": 34.940629,
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        "date": "2026-04-17",
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        "modifier": "Established contraction",
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      {
        "date": "2026-04-24",
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        "date": "2026-05-01",
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        "date": "2026-05-08",
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        "date": "2026-05-15",
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      },
      {
        "date": "2026-05-22",
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      },
      {
        "date": "2026-05-29",
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        "date": "2026-06-05",
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      },
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      },
      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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        "stage": 4,
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 581577.6,
        "trend": 19.208954,
        "fair_value": 28.643453,
        "relative_strength": -21.629756,
        "stage": 4,
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        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.43658,
        "energy": 26.473693,
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          17.431333,
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      },
      {
        "date": "2026-07-17",
        "close": 18.99,
        "volume": 481651,
        "typical_volume": 578447.65,
        "trend": 19.05697,
        "fair_value": 28.561845,
        "relative_strength": -15.989673,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 6.372272,
        "energy": 16.629379,
        "activity_lines": [
          17.980666,
          17.530363,
          17.524714,
          18.032877
        ]
      },
      {
        "date": "2026-07-24",
        "close": 18.25,
        "volume": 325099,
        "typical_volume": 556383.4,
        "trend": 18.876404,
        "fair_value": 28.473803,
        "relative_strength": -17.744385,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -5.530027,
        "energy": 23.078697,
        "activity_lines": [
          18.19,
          17.714727,
          17.570857,
          17.980815
        ]
      },
      {
        "date": "2026-07-31",
        "close": 18.610001,
        "volume": 384621,
        "typical_volume": 533468.95,
        "trend": 18.730024,
        "fair_value": 28.391043,
        "relative_strength": -16.781761,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 4.505549,
        "energy": 25.786892,
        "activity_lines": [
          18.43,
          17.943455,
          17.655714,
          17.963628
        ]
      },
      {
        "date": "2026-08-07",
        "close": 18.360001,
        "volume": 832986,
        "typical_volume": 425822.4,
        "trend": 18.577269,
        "fair_value": 28.315485,
        "relative_strength": -19.116186,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 1.681471,
        "energy": 23.857632,
        "activity_lines": [
          18.463334,
          18.089455,
          17.715286,
          17.939755
        ]
      }
    ],
    "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."
    }
  }
}