{ "ticker": { "uuid": "9d1766f6-f0b3-4717-b6ed-79fe2ab0b17a", "symbol": "RHC", "name": "Ramsay Health Care 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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 75.56, "architecture_energy": 67.751, "architecture_maturity": 20.213, "architecture_confidence": 80.498, "architecture_tenure": "Developing", "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": 14.99, "rotation_up": 72.14, "upward_expansion": 85.87, "deceleration": 50.03, "rotation_down": 11.79, "downward_expansion": 12.54 }, "activity_lines": [ 43.796667, 43.016909, 41.225857, 40.700185 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 44.900002, "trend_reference": 39.817099, "distance_from_trend": 0.127656, "trend_direction": "Improving", "fair_value": 40.546378, "distance_from_fair_value": 0.107374, "fair_value_direction": "Improving", "relative_strength": 14.921132, "relative_strength_direction": "Improving", "price_momentum": 0.263455, "excess_performance": 0.199749, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.127656, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.0725, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.107374, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.222982, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.149211, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.129419, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.263455, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.766292, "read": "Demand-led" } ], "volume": { "latest": 2648250, "relative_activity": 0.986388, "balance": 1.766292, "dry_up": 0.978748, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.046771, "annualized_volatility": 0.302449, "from_high_reference": -0.01297, "from_low_reference": 0.4917 }, "levels": { "trend_reference": 39.817099, "fair_value_reference": 40.546378, "structural_low": 35.48, 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"trend": 38.903312, "fair_value": 40.749787, "relative_strength": 17.166431, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.855854, "energy": 79.980143, "activity_lines": [ 42.771333, 41.203636, 40.138405, 39.79711 ] }, { "date": "2026-07-24", "close": 42.299999, "volume": 2101908, "typical_volume": 2950651.0, "trend": 39.15151, "fair_value": 40.671099, "relative_strength": 15.014067, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.57778, "energy": 74.795376, "activity_lines": [ 42.749999, 41.622363, 40.351238, 40.016251 ] }, { "date": "2026-07-31", "close": 44.34, "volume": 2631199, "typical_volume": 2779405.6, "trend": 39.487517, "fair_value": 40.606276, "relative_strength": 17.46727, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.42412, "energy": 63.918057, "activity_lines": [ 43.221333, 42.325818, 40.766905, 40.350992 ] }, { "date": "2026-08-07", "close": 44.900002, "volume": 2648250, "typical_volume": 2684796.0, "trend": 39.817099, "fair_value": 40.546378, "relative_strength": 14.921132, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.559518, "energy": 67.750978, "activity_lines": [ 43.796667, 43.016909, 41.225857, 40.700185 ] } ], "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." } } }