{ "ticker": { "uuid": "c28a1de4-d485-455d-b927-eaa8ea7d6ba9", "symbol": "RMD", "name": "ResMed Inc", "exchange": "NYSE", "country": "US", "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": "SPY", "stage": 4, "stage_name": "Declining", "phase": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -17.165, "architecture_energy": 10.01, "architecture_maturity": 81.297, "architecture_confidence": 60.584, "architecture_tenure": "Established", "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": 51.16, "rotation_up": 29.29, "upward_expansion": 28.05, "deceleration": 46.74, "rotation_down": 25.52, "downward_expansion": 50.05 }, "activity_lines": [ 206.085333, 203.587818, 203.434714, 210.034288 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 211.94, "trend_reference": 221.571185, "distance_from_trend": -0.043468, "trend_direction": "Weakening", "fair_value": 217.413383, "distance_from_fair_value": -0.025175, "fair_value_direction": "Improving", "relative_strength": -21.154141, "relative_strength_direction": "Improving", "price_momentum": -0.215524, "excess_performance": -0.341149, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.043468, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.066545, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.025175, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.028741, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.211541, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.062884, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.215524, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.88665, "read": "Supply-led" } ], "volume": { "latest": 10551725, "relative_activity": 1.541167, "balance": 0.88665, "dry_up": 1.051526, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.071392, "annualized_volatility": 0.297905, "from_high_reference": -0.273019, "from_low_reference": 0.175714 }, "levels": { "trend_reference": 221.571185, "fair_value_reference": 217.413383, 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"regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.118698, "energy": 27.199972, "activity_lines": [ 200.231333, 198.969091, 202.799866, 211.577352 ] }, { "date": "2026-07-31", "close": 210.98, "volume": 5810368, "typical_volume": 6569128.5, "trend": 222.87688, "fair_value": 217.171765, "relative_strength": -19.520977, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.967568, "energy": 21.128637, "activity_lines": [ 203.354667, 201.217818, 203.025914, 210.739893 ] }, { "date": "2026-08-07", "close": 211.94, "volume": 10551725, "typical_volume": 6846581.45, "trend": 221.571185, "fair_value": 217.413383, "relative_strength": -21.154141, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.164633, "energy": 10.01029, "activity_lines": [ 206.085333, 203.587818, 203.434714, 210.034288 ] } ], "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." } } }