{ "ticker": { "uuid": "ad35371f-b1c6-4006-aa51-62102ae3ac7c", "symbol": "TLC", "name": "The Lottery Corporation 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": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 62.939, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 31.597, "architecture_energy": 17.146, "architecture_maturity": 22.535, "architecture_confidence": 46.723, "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": 45.06, "rotation_up": 36.91, "upward_expansion": 59.61, "deceleration": 62.7, "rotation_down": 24.28, "downward_expansion": 16.61 }, "activity_lines": [ 5.522667, 5.533091, 5.494, 5.466373 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 5.46, "trend_reference": 5.400023, "distance_from_trend": 0.011107, "trend_direction": "Improving", "fair_value": 4.944631, "distance_from_fair_value": 0.104228, "fair_value_direction": "Improving", "relative_strength": -4.26224, "relative_strength_direction": "Weakening", "price_momentum": 0.057508, "excess_performance": -0.006198, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.011107, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.020247, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.104228, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.017081, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.042622, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.035392, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.057508, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.769642, "read": "Supply-led" } ], "volume": { "latest": 16779634, "relative_activity": 0.992939, "balance": 0.769642, "dry_up": 0.972758, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.046069, "annualized_volatility": 0.239459, "from_high_reference": -0.076443, "from_low_reference": 0.108268 }, "levels": { "trend_reference": 5.400023, "fair_value_reference": 4.944631, "structural_low": 4.995578, 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"date": "2026-07-31", "close": 5.59, "volume": 18330317, "typical_volume": 17546535.85, "trend": 5.384871, "fair_value": 4.940641, "relative_strength": 1.119559, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.149933, "energy": 24.631227, "activity_lines": [ 5.548, 5.543818, 5.494905, 5.461526 ] }, { "date": "2026-08-07", "close": 5.46, "volume": 16779634, "typical_volume": 16898961.35, "trend": 5.400023, "fair_value": 4.944631, "relative_strength": -4.26224, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.59679, "energy": 17.145837, "activity_lines": [ 5.522667, 5.533091, 5.494, 5.466373 ] } ], "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." } } }