{ "ticker": { "uuid": "ac15c2b0-83af-46b1-9570-b124146eba0e", "symbol": "FLN", "name": "Freelancer 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": 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": "Established contraction", "architecture_gate": "down", "architecture_direction": -62.858, "architecture_energy": 59.45, "architecture_maturity": 100.0, "architecture_confidence": 96, "architecture_tenure": "Extended", "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": 12.94, "rotation_up": 26.73, "upward_expansion": 10.49, "deceleration": 54.88, "rotation_down": 52.33, "downward_expansion": 81.49 }, "activity_lines": [ 0.107333, 0.109182, 0.118988, 0.13107 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 0.115, "trend_reference": 0.151917, "distance_from_trend": -0.243006, "trend_direction": "Weakening", "fair_value": 0.19492, "distance_from_fair_value": -0.410014, "fair_value_direction": "Weakening", "relative_strength": -42.603704, "relative_strength_direction": "Weakening", "price_momentum": -0.439024, "excess_performance": -0.50273, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.243006, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.213207, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.410014, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.071187, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.426037, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.040332, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.439024, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.434737, "read": "Supply-led" } ], "volume": { "latest": 134218, "relative_activity": 0.595369, "balance": 0.434737, "dry_up": 1.08916, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.107358, "annualized_volatility": 0.609431, "from_high_reference": -0.646154, "from_low_reference": 0.185567 }, "levels": { "trend_reference": 0.151917, "fair_value_reference": 0.19492, "structural_low": 0.097, "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": 41, "median_return": 0.0, "positive_rate": 0.341463, "directional_follow_through": 0.487805, "median_excess_return": -0.01497, "regime_survival": 0.829268, "best_return": 0.269231, "worst_return": -0.230769, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 15, "median_return": -0.056338, "positive_rate": 0.133333, "directional_follow_through": 0.733333, "median_excess_return": -0.104231, "regime_survival": 0.733333, "best_return": 0.21875, "worst_return": -0.350746, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": -0.111667, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.173228, "regime_survival": 0.625, "best_return": 0.636364, "worst_return": -0.5, "sufficient": true }, { "horizon": "Full cycle", 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"start": "2024-11-01", "end": "2024-11-22", "tenure": "New", "return": -0.105263, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-29", "end": "2025-04-04", "tenure": "Established", "return": 0.09375, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-04-11", "end": "2025-04-25", "tenure": "New", "return": 0.073171, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-02", "end": "2025-05-23", "tenure": "New", "return": -0.071429, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-05-30", "end": "2025-06-20", "tenure": "New", "return": 0.076923, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-27", "end": "2025-09-05", "tenure": "Developing", "return": 0.022727, "active": false }, { 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"typical_volume": 228356.65, "trend": 0.16025, "fair_value": 0.196811, "relative_strength": -49.203931, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.875577, "energy": 86.855424, "activity_lines": [ 0.104, 0.111818, 0.123012, 0.137263 ] }, { "date": "2026-07-31", "close": 0.105, "volume": 43831, "typical_volume": 223467.3, "trend": 0.15575, "fair_value": 0.195817, "relative_strength": -46.967965, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.510546, "energy": 77.473521, "activity_lines": [ 0.104, 0.109364, 0.120357, 0.133699 ] }, { "date": "2026-08-07", "close": 0.115, "volume": 134218, "typical_volume": 225436.5, "trend": 0.151917, "fair_value": 0.19492, "relative_strength": -42.603704, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.857628, "energy": 59.449519, "activity_lines": [ 0.107333, 0.109182, 0.118988, 0.13107 ] } ], "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." } } }