{ "ticker": { "uuid": "c301252e-153b-4e19-8c0c-48e19c2a5abd", "symbol": "WES", "name": "Wesfarmers 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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 65.741, "architecture_energy": 56.457, "architecture_maturity": 48.047, "architecture_confidence": 77.522, "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": 17.77, "rotation_up": 56.49, "upward_expansion": 82.91, "deceleration": 68.06, "rotation_down": 23.95, "downward_expansion": 9.58 }, "activity_lines": [ 89.666, 89.170909, 84.758047, 82.470766 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 90.099998, "trend_reference": 80.850298, "distance_from_trend": 0.114405, "trend_direction": "Improving", "fair_value": 70.975309, "distance_from_fair_value": 0.269456, "fair_value_direction": "Improving", "relative_strength": 3.578468, "relative_strength_direction": "Improving", "price_momentum": 0.072752, "excess_performance": 0.009046, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.114405, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.033414, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.269456, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.201261, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.035785, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.154361, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.072752, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.27138, "read": "Demand-led" } ], "volume": { "latest": 6725076, "relative_activity": 1.158831, "balance": 2.27138, "dry_up": 1.218556, "accumulation_observations": 6, "distribution_observations": 2 }, "risk": { "range_context": 0.045488, "annualized_volatility": 0.272565, "from_high_reference": -0.036676, "from_low_reference": 0.272599 }, "levels": { "trend_reference": 80.850298, "fair_value_reference": 70.975309, "structural_low": 70.800003, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 35, "median_return": 0.007112, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.000455, "regime_survival": 0.742857, "best_return": 0.102586, "worst_return": -0.110624, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": -0.00193, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.007715, "regime_survival": 0.5, "best_return": 0.266616, "worst_return": -0.140849, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.048866, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.034566, "regime_survival": 0.625, "best_return": 0.303805, "worst_return": -0.221961, "sufficient": true }, { "horizon": "Full cycle", 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"typical_volume": 5902413.1, "trend": 80.515591, "fair_value": 70.697158, "relative_strength": 5.950782, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.227138, "energy": 58.912968, "activity_lines": [ 89.456667, 88.59, 83.81619, 81.852417 ] }, { "date": "2026-08-07", "close": 90.099998, "volume": 6725076, "typical_volume": 5803327.35, "trend": 80.850298, "fair_value": 70.975309, "relative_strength": 3.578468, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.741093, "energy": 56.45737, "activity_lines": [ 89.666, 89.170909, 84.758047, 82.470766 ] } ], "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." } } }