{ "ticker": { "uuid": "d40ffca5-cb27-4bfb-851b-7d569b01e1b9", "symbol": "HLS", "name": "HLS Therapeutics Inc.", "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": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -71.728, "architecture_energy": 60.535, "architecture_maturity": 17.322, "architecture_confidence": 80.07, "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": 11.19, "rotation_up": 14.2, "upward_expansion": 10.47, "deceleration": 43.1, "rotation_down": 67.01, "downward_expansion": 83.8 }, "activity_lines": [ 4.120667, 4.170545, 4.312238, 4.367097 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 4.03, "trend_reference": 4.436, "distance_from_trend": -0.091524, "trend_direction": "Weakening", "fair_value": 4.329391, "distance_from_fair_value": -0.069153, "fair_value_direction": "Weakening", "relative_strength": -25.442322, "relative_strength_direction": "Weakening", "price_momentum": -0.104444, "excess_performance": -0.224866, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.091524, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.05031, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.069153, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.12501, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.254423, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.096301, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.104444, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.587583, "read": "Demand-led" } ], "volume": { "latest": 6500, "relative_activity": 0.271455, "balance": 1.587583, "dry_up": 1.142201, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.05125, "annualized_volatility": 0.156469, "from_high_reference": -0.300954, "from_low_reference": 4029.0 }, "levels": { "trend_reference": 4.436, "fair_value_reference": 4.329391, "structural_low": 0.001, "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": 35, "median_return": -0.012945, "positive_rate": 0.485714, "directional_follow_through": 0.514286, "median_excess_return": -0.002949, "regime_survival": 0.8, "best_return": 0.455556, "worst_return": -0.295918, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": -0.00641, "positive_rate": 0.461538, "directional_follow_through": 0.538462, "median_excess_return": -0.044604, "regime_survival": 0.692308, "best_return": 0.153556, "worst_return": -0.50459, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.135047, "positive_rate": 0.142857, "directional_follow_through": 0.857143, "median_excess_return": -0.156495, "regime_survival": 0.571429, "best_return": 0.087912, "worst_return": -0.486684, "sufficient": true }, { "horizon": "Full cycle", 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"Balance", "color": "blue", "start": "2024-05-24", "end": "2024-06-07", "tenure": "New", "return": -0.059278, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-06-14", "end": "2024-06-28", "tenure": "New", "return": -0.034582, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-07-05", "end": "2024-10-04", "tenure": "Established", "return": 0.002747, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-11", "end": "2024-12-27", "tenure": "Developing", "return": 0.053191, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-03", "end": "2025-11-14", "tenure": "Extended", "return": 0.25, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-21", "end": "2025-12-05", "tenure": "New", "return": -0.028, "active": false }, { 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"typical_volume": 28235.0, "trend": 4.529, "fair_value": 4.371891, "relative_strength": -20.51122, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.729743, "energy": 68.067566, "activity_lines": [ 4.254, 4.346545, 4.435905, 4.465742 ] }, { "date": "2026-07-17", "close": 4.11, "volume": 30100, "typical_volume": 27365.0, "trend": 4.505667, "fair_value": 4.358814, "relative_strength": -23.508865, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.810827, "energy": 74.808664, "activity_lines": [ 4.200667, 4.287818, 4.402524, 4.43871 ] }, { "date": "2026-07-24", "close": 4.11, "volume": 31300, "typical_volume": 27550.0, "trend": 4.483, "fair_value": 4.345545, "relative_strength": -23.141874, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.549707, "energy": 72.183325, "activity_lines": [ 4.164, 4.239636, 4.371, 4.413183 ] }, { "date": "2026-07-31", "close": 4.2, "volume": 41500, "typical_volume": 25665.0, "trend": 4.461333, "fair_value": 4.334519, "relative_strength": -20.474271, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.154366, "energy": 64.613671, "activity_lines": [ 4.172667, 4.216545, 4.349238, 4.394925 ] }, { "date": "2026-08-07", "close": 4.03, "volume": 6500, "typical_volume": 23945.0, "trend": 4.436, "fair_value": 4.329391, "relative_strength": -25.442322, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.727935, "energy": 60.534709, "activity_lines": [ 4.120667, 4.170545, 4.312238, 4.367097 ] } ], "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." } } }