{ "ticker": { "uuid": "b10112eb-08fa-41f2-a9c2-dbf95a55edbf", "symbol": "WGX", "name": "WESTGOLD RESOURCES LIMITED", "exchange": "TOR", "country": "CA", "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": "^GSPTSE", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 65.725, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -20.565, "architecture_energy": 19.561, "architecture_maturity": 51.976, "architecture_confidence": 85.527, "architecture_tenure": "Developing", "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": 39.9, "rotation_up": 28.0, "upward_expansion": 16.85, "deceleration": 43.25, "rotation_down": 32.14, "downward_expansion": 64.52 }, "activity_lines": [ 4.922, 4.847091, 4.973952, 5.224151 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 5.68, "trend_reference": 5.620667, "distance_from_trend": 0.010556, "trend_direction": "Weakening", "fair_value": 3.853333, "distance_from_fair_value": 0.474048, "fair_value_direction": "Weakening", "relative_strength": -2.680417, "relative_strength_direction": "Weakening", "price_momentum": -0.132824, "excess_performance": -0.253246, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.010556, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.039312, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.474048, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.034546, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.026804, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.126448, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.132824, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.50154, "read": "Supply-led" } ], "volume": { "latest": 495400, "relative_activity": 0.817768, "balance": 0.50154, "dry_up": 0.802417, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.09006, "annualized_volatility": 0.694594, "from_high_reference": -0.269923, "from_low_reference": 1.167939 }, "levels": { "trend_reference": 5.620667, "fair_value_reference": 3.853333, "structural_low": 4.2, "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": 2, "median_return": 0.100036, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.079541, "regime_survival": 1.0, "best_return": 0.208511, "worst_return": -0.008439, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-13", "end": "2026-03-20", "tenure": "Developing", "return": -0.310888, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-05-15", "tenure": "Developing", "return": -0.022945, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-22", "end": "2026-06-05", "tenure": "New", "return": -0.077869, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-12", "end": "2026-08-07", "tenure": "Developing", "return": 0.198312, "active": true } ], "chart_path": [ { "date": "2024-08-09", "close": 2.4, "volume": 5182400, 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54.47321, "activity_lines": [ 4.671333, 4.75, 5.047, 5.361957 ] }, { "date": "2026-07-24", "close": 4.61, "volume": 347600, "typical_volume": 695615.0, "trend": 5.666667, "fair_value": 3.828544, "relative_strength": -17.740946, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.099677, "energy": 46.845741, "activity_lines": [ 4.62, 4.711455, 4.98219, 5.290968 ] }, { "date": "2026-07-31", "close": 4.58, "volume": 453700, "typical_volume": 677705.0, "trend": 5.629, "fair_value": 3.835769, "relative_strength": -18.385547, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.967747, "energy": 52.942068, "activity_lines": [ 4.579333, 4.676545, 4.922905, 5.22086 ] }, { "date": "2026-08-07", "close": 5.68, "volume": 495400, "typical_volume": 605795.0, "trend": 5.620667, "fair_value": 3.853333, "relative_strength": -2.680417, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.565472, "energy": 19.561311, "activity_lines": [ 4.922, 4.847091, 4.973952, 5.224151 ] } ], "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." } } }