{ "ticker": { "uuid": "784adee5-44cf-4806-8113-6f923f185502", "symbol": "TLSA", "name": "Tiziana Life Sciences Ltd", "exchange": "NASDAQ", "country": "US", "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": "QQQ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -58.986, "architecture_energy": 58.648, "architecture_maturity": 32.005, "architecture_confidence": 91.113, "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": 15.33, "rotation_up": 11.41, "upward_expansion": 12.21, "deceleration": 38.59, "rotation_down": 65.47, "downward_expansion": 85.54 }, "activity_lines": [ 1.011167, 1.081273, 1.179833, 1.220602 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 1.0, "trend_reference": 1.290417, "distance_from_trend": -0.225057, "trend_direction": "Weakening", "fair_value": 1.114501, "distance_from_fair_value": -0.102737, "fair_value_direction": "Weakening", "relative_strength": -42.477726, "relative_strength_direction": "Weakening", "price_momentum": -0.264706, "excess_performance": -0.45216, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.225057, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.121369, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.102737, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.571897, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.424777, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.234014, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.264706, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.333122, "read": "Supply-led" } ], "volume": { "latest": 7546680, "relative_activity": 5.481586, "balance": 0.333122, "dry_up": 2.172147, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.255485, "annualized_volatility": 0.672161, "from_high_reference": -0.604743, "from_low_reference": 0.154335 }, "levels": { "trend_reference": 1.290417, "fair_value_reference": 1.114501, "structural_low": 0.8663, "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": 37, "median_return": -0.04531, "positive_rate": 0.405405, "directional_follow_through": 0.594595, "median_excess_return": -0.051293, "regime_survival": 0.810811, "best_return": 0.883212, "worst_return": -0.3125, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": -0.060256, "positive_rate": 0.384615, "directional_follow_through": 0.615385, "median_excess_return": -0.126587, "regime_survival": 0.615385, "best_return": 0.880935, "worst_return": -0.363636, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": -0.173456, "positive_rate": 0.375, "directional_follow_through": 0.625, "median_excess_return": -0.208681, "regime_survival": 0.625, "best_return": 1.068493, "worst_return": -0.547818, "sufficient": true }, { 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"downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.980738, "energy": 31.752681, "activity_lines": [ 1.181333, 1.208909, 1.26, 1.288301 ] }, { "date": "2026-07-24", "close": 0.8925, "volume": 1794778, "typical_volume": 1015393.55, "trend": 1.32375, "fair_value": 1.109695, "relative_strength": -47.946636, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.980871, "energy": 45.596289, "activity_lines": [ 1.082167, 1.143, 1.223619, 1.259215 ] }, { "date": "2026-07-31", "close": 1.03, "volume": 840556, "typical_volume": 1031976.75, "trend": 1.30475, "fair_value": 1.112067, "relative_strength": -38.936024, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.779036, "energy": 51.256971, "activity_lines": [ 1.046667, 1.110773, 1.202702, 1.240263 ] }, { "date": "2026-08-07", "close": 1.0, "volume": 7546680, "typical_volume": 1376732.95, "trend": 1.290417, "fair_value": 1.114501, "relative_strength": -42.477726, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.986313, "energy": 58.647662, "activity_lines": [ 1.011167, 1.081273, 1.179833, 1.220602 ] } ], "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." } } }