{
  "ticker": {
    "uuid": "a099aae8-fc22-49e7-9da4-6698f203825d",
    "symbol": "ODBU",
    "name": "United Hampshire US 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": "3b",
    "phase_label": "Stage 3B \u00b7 Distribution",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 96.0,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Upper balance after advance",
    "architecture_gate": "up",
    "architecture_direction": 81.625,
    "architecture_energy": 68.355,
    "architecture_maturity": 25.069,
    "architecture_confidence": 57.301,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The prior uptrend is attempting to re-accelerate.",
        "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set."
      },
      "scores": {
        "balance": 31.13,
        "rotation_up": 75.38,
        "upward_expansion": 88.78,
        "deceleration": 42.42,
        "rotation_down": 12.18,
        "downward_expansion": 15.44
      },
      "activity_lines": [
        0.527333,
        0.522909,
        0.520857,
        0.520535
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 0.54,
    "trend_reference": 0.520051,
    "distance_from_trend": 0.038361,
    "trend_direction": "Improving",
    "fair_value": 0.425278,
    "distance_from_fair_value": 0.269758,
    "fair_value_direction": "Weakening",
    "relative_strength": -9.570683,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.033263,
    "excess_performance": -0.121572,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.038361,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.02216,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.269758,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.012906,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.095707,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.101835,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.033263,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.637094,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 1456400,
      "relative_activity": 1.124286,
      "balance": 0.637094,
      "dry_up": 1.721341,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.016382,
      "annualized_volatility": 0.107395,
      "from_high_reference": -0.012055,
      "from_low_reference": 0.249873
    },
    "levels": {
      "trend_reference": 0.520051,
      "fair_value_reference": 0.425278,
      "structural_low": 0.495,
      "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": 10,
        "median_return": -0.004808,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.005504,
        "regime_survival": 0.5,
        "best_return": 0.11111,
        "worst_return": -0.17094,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": -0.07085,
        "positive_rate": 0.25,
        "directional_follow_through": 0.25,
        "median_excess_return": -0.047341,
        "regime_survival": 0.0,
        "best_return": 0.059345,
        "worst_return": -0.17986,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.061516,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.116161,
        "regime_survival": 0.333333,
        "best_return": -0.045425,
        "worst_return": -0.186421,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
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        "median_excess_return": -0.150275,
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        "worst_return": -0.236469,
        "sufficient": false
      }
    ],
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        "regime": "upward_expansion",
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      {
        "regime": "deceleration",
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      },
      {
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        "regime": "rotation_down",
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        "active": false
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      {
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        "end": "2025-07-25",
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        "active": false
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        "active": false
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        "regime": "upward_expansion",
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        "regime": "balance",
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        "active": true
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      },
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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": "2026-06-05",
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      },
      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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        "stage": 3,
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 1129975.0,
        "trend": 0.515418,
        "fair_value": 0.420039,
        "relative_strength": -9.882396,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
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      },
      {
        "date": "2026-07-17",
        "close": 0.515,
        "volume": 3535500,
        "typical_volume": 1166550.0,
        "trend": 0.516442,
        "fair_value": 0.421266,
        "relative_strength": -11.260834,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 8.257287,
        "energy": 5.258053,
        "activity_lines": [
          0.517333,
          0.516818,
          0.517929,
          0.518444
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      },
      {
        "date": "2026-07-24",
        "close": 0.52,
        "volume": 1924700,
        "typical_volume": 1216740.0,
        "trend": 0.517474,
        "fair_value": 0.42255,
        "relative_strength": -11.512292,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 4.735197,
        "energy": 7.019073,
        "activity_lines": [
          0.518333,
          0.517455,
          0.518119,
          0.518674
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      },
      {
        "date": "2026-07-31",
        "close": 0.525,
        "volume": 2002700,
        "typical_volume": 1272210.0,
        "trend": 0.518672,
        "fair_value": 0.423842,
        "relative_strength": -11.124401,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 46.739553,
        "energy": 27.998392,
        "activity_lines": [
          0.520667,
          0.518909,
          0.518786,
          0.519159
        ]
      },
      {
        "date": "2026-08-07",
        "close": 0.54,
        "volume": 1456400,
        "typical_volume": 1295400.0,
        "trend": 0.520051,
        "fair_value": 0.425278,
        "relative_strength": -9.570683,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 81.625055,
        "energy": 68.355263,
        "activity_lines": [
          0.527333,
          0.522909,
          0.520857,
          0.520535
        ]
      }
    ],
    "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."
    }
  }
}