{
  "ticker": {
    "uuid": "98cdd56d-9e3e-48ff-a053-7c02a4054837",
    "symbol": "T82U",
    "name": "Suntec Real Estate Investment 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": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 51.722,
    "architecture_energy": 48.34,
    "architecture_maturity": 5.841,
    "architecture_confidence": 72.856,
    "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": 39.47,
        "rotation_up": 59.38,
        "upward_expansion": 80.15,
        "deceleration": 50.59,
        "rotation_down": 11.34,
        "downward_expansion": 9.15
      },
      "activity_lines": [
        1.485368,
        1.472005,
        1.466674,
        1.459435
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.5
    },
    "latest_close": 1.48,
    "trend_reference": 1.446714,
    "distance_from_trend": 0.023008,
    "trend_direction": "Improving",
    "fair_value": 1.164588,
    "distance_from_fair_value": 0.270835,
    "fair_value_direction": "Weakening",
    "relative_strength": -10.069137,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.026953,
    "excess_performance": -0.127882,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.023008,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.02491,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.270835,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.034534,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.100691,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.147553,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.026953,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.718602,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 35018000,
      "relative_activity": 1.145212,
      "balance": 1.718602,
      "dry_up": 1.168499,
      "accumulation_observations": 2,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.033668,
      "annualized_volatility": 0.183768,
      "from_high_reference": -0.032677,
      "from_low_reference": 0.262712
    },
    "levels": {
      "trend_reference": 1.446714,
      "fair_value_reference": 1.164588,
      "structural_low": 1.293092,
      "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": 22,
        "median_return": 0.010528,
        "positive_rate": 0.636364,
        "directional_follow_through": 0.636364,
        "median_excess_return": -0.002063,
        "regime_survival": 0.772727,
        "best_return": 0.092438,
        "worst_return": -0.106244,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
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        "positive_rate": 0.555556,
        "directional_follow_through": 0.555556,
        "median_excess_return": -0.014422,
        "regime_survival": 0.666667,
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        "worst_return": -0.093484,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
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        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.124981,
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        "worst_return": -0.195874,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "positive_rate": 0.333333,
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        "worst_return": -0.214342,
        "sufficient": false
      }
    ],
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      },
      {
        "regime": "deceleration",
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      },
      {
        "regime": "rotation_down",
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        "return": -0.027523,
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      },
      {
        "regime": "downward_expansion",
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        "regime": "balance",
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      },
      {
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      {
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 51351300.5,
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        "fair_value": 1.156755,
        "relative_strength": -5.885288,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
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        "direction": 49.884406,
        "energy": 30.471739,
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          1.458942,
          1.450311
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      },
      {
        "date": "2026-07-24",
        "close": 1.5,
        "volume": 35027700,
        "typical_volume": 49684365.5,
        "trend": 1.439534,
        "fair_value": 1.159315,
        "relative_strength": -7.23687,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
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        "direction": 58.522368,
        "energy": 47.288123,
        "activity_lines": [
          1.480263,
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      },
      {
        "date": "2026-07-31",
        "close": 1.48,
        "volume": 30679600,
        "typical_volume": 47993165.5,
        "trend": 1.443124,
        "fair_value": 1.161924,
        "relative_strength": -9.080498,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.725783,
        "energy": 46.777497,
        "activity_lines": [
          1.484123,
          1.468588,
          1.465418,
          1.457056
        ]
      },
      {
        "date": "2026-08-07",
        "close": 1.48,
        "volume": 35018000,
        "typical_volume": 30577735.0,
        "trend": 1.446714,
        "fair_value": 1.164588,
        "relative_strength": -10.069137,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.722237,
        "energy": 48.340334,
        "activity_lines": [
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      }
    ],
    "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."
    }
  }
}