{ "ticker": { "uuid": "803909dc-eddf-435e-94e9-ad9f221b0210", "symbol": "FOX", "name": "Fox Corp Class B", "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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 80.522, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -15.135, "architecture_energy": 12.793, "architecture_maturity": 61.298, "architecture_confidence": 65.738, "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": 56.12, "rotation_up": 31.49, "upward_expansion": 15.36, "deceleration": 44.03, "rotation_down": 22.76, "downward_expansion": 60.7 }, "activity_lines": [ 52.876667, 51.672, 53.240119, 53.73261 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 57.03, "trend_reference": 54.988929, "distance_from_trend": 0.037118, "trend_direction": "Weakening", "fair_value": 43.384537, "distance_from_fair_value": 0.314524, "fair_value_direction": "Weakening", "relative_strength": -11.272347, "relative_strength_direction": "Improving", "price_momentum": -0.017482, "excess_performance": -0.204936, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.037118, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.055254, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.314524, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.052085, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.112723, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.035193, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.017482, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.713009, "read": "Supply-led" } ], "volume": { "latest": 6982293, "relative_activity": 0.897237, "balance": 0.713009, "dry_up": 0.816207, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.077887, "annualized_volatility": 0.469453, "from_high_reference": -0.159077, "from_low_reference": 0.293775 }, "levels": { "trend_reference": 54.988929, "fair_value_reference": 43.384537, "structural_low": 44.0803, "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": 17, "median_return": 0.010134, "positive_rate": 0.588235, "directional_follow_through": 0.411765, "median_excess_return": -0.005405, "regime_survival": 0.647059, "best_return": 0.173574, "worst_return": -0.070565, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.025473, "positive_rate": 0.375, "directional_follow_through": 0.625, "median_excess_return": -0.052641, "regime_survival": 0.625, "best_return": 0.160618, "worst_return": -0.120349, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.064241, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.015908, "regime_survival": 0.4, "best_return": 0.377465, "worst_return": -0.125081, "sufficient": true }, { "horizon": "Full 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"2026-07-24", "close": 49.41, "volume": 6612430, "typical_volume": 8281088.55, "trend": 55.746176, "fair_value": 43.076969, "relative_strength": -19.147266, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.117581, "energy": 44.294557, "activity_lines": [ 49.79, 50.913455, 53.129452, 53.865934 ] }, { "date": "2026-07-31", "close": 51.94, "volume": 5122883, "typical_volume": 8044835.1, "trend": 55.290346, "fair_value": 43.218654, "relative_strength": -15.18895, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.708875, "energy": 34.162524, "activity_lines": [ 50.686, 50.781818, 52.94219, 53.620374 ] }, { "date": "2026-08-07", "close": 57.03, "volume": 6982293, "typical_volume": 7781993.9, "trend": 54.988929, "fair_value": 43.384537, "relative_strength": -11.272347, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.13494, "energy": 12.792692, "activity_lines": [ 52.876667, 51.672, 53.240119, 53.73261 ] } ], "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." } } }