{
  "ticker": {
    "uuid": "e34acadd-9bab-484e-896d-4cfe27d4a36c",
    "symbol": "RIC",
    "name": "Richards Group 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": 1,
    "stage_name": "Basing",
    "phase": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 59.311,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 79.086,
    "architecture_energy": 81.866,
    "architecture_maturity": 8.872,
    "architecture_confidence": 61.076,
    "architecture_tenure": "New",
    "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": 14.93,
        "rotation_up": 80.86,
        "upward_expansion": 93.49,
        "deceleration": 41.85,
        "rotation_down": 11.05,
        "downward_expansion": 20.16
      },
      "activity_lines": [
        29.903017,
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        28.660166,
        28.419169
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 30.6,
    "trend_reference": 28.179404,
    "distance_from_trend": 0.085899,
    "trend_direction": "Improving",
    "fair_value": 28.990545,
    "distance_from_fair_value": 0.055517,
    "fair_value_direction": "Improving",
    "relative_strength": -6.872251,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.094399,
    "excess_performance": -0.026023,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.085899,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.004076,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.055517,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.10625,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.068723,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.106678,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.094399,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.218241,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 166300,
      "relative_activity": 1.634639,
      "balance": 1.218241,
      "dry_up": 0.70084,
      "accumulation_observations": 1,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.033517,
      "annualized_volatility": 0.169659,
      "from_high_reference": -0.095776,
      "from_low_reference": 0.176349
    },
    "levels": {
      "trend_reference": 28.179404,
      "fair_value_reference": 28.990545,
      "structural_low": 26.253121,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 8,
        "median_return": -0.023183,
        "positive_rate": 0.375,
        "directional_follow_through": 0.375,
        "median_excess_return": -0.03933,
        "regime_survival": 0.625,
        "best_return": 0.014157,
        "worst_return": -0.090774,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "median_return": -0.004531,
        "positive_rate": 0.5,
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        "median_excess_return": -0.073637,
        "regime_survival": 0.25,
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        "worst_return": -0.08909,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.09182,
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        "regime_survival": 0.0,
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        "worst_return": -0.152008,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
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        "worst_return": -0.111393,
        "sufficient": false
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    ],
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      {
        "regime": "deceleration",
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        "regime": "downward_expansion",
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        "date": "2026-04-24",
        "close": 29.272612,
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        "typical_volume": 89075.0,
        "trend": 28.710996,
        "fair_value": 29.185965,
        "relative_strength": -12.999778,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -10.323659,
        "energy": 12.855645,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-05-01",
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        "fair_value": 29.162572,
        "relative_strength": -13.445041,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
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        "energy": 17.255886,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-05-08",
        "close": 27.652914,
        "volume": 209600,
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        "fair_value": 29.130815,
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        "modifier": "Balance after decline",
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        "energy": 11.434511,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-05-15",
        "close": 27.325483,
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        "typical_volume": 106115.0,
        "trend": 28.324419,
        "fair_value": 29.100239,
        "relative_strength": -17.513557,
        "stage": 4,
        "regime": "balance",
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        "gate": "down",
        "direction": -27.357347,
        "energy": 12.439337,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-05-22",
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        "volume": 51100,
        "typical_volume": 108155.0,
        "trend": 28.176711,
        "fair_value": 29.074914,
        "relative_strength": -18.680236,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -40.17868,
        "energy": 22.71294,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-05-29",
        "close": 27.403372,
        "volume": 47100,
        "typical_volume": 107335.0,
        "trend": 28.065002,
        "fair_value": 29.051626,
        "relative_strength": -18.561804,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -49.314037,
        "energy": 32.238843,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-06-05",
        "close": 27.891472,
        "volume": 9500,
        "typical_volume": 105050.0,
        "trend": 28.030229,
        "fair_value": 29.036263,
        "relative_strength": -15.732212,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -47.626844,
        "energy": 32.08819,
        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
        "close": 27.921358,
        "volume": 25700,
        "typical_volume": 102640.0,
        "trend": 28.012023,
        "fair_value": 29.029179,
        "relative_strength": -16.311899,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -46.284311,
        "energy": 30.180631,
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      },
      {
        "date": "2026-06-19",
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        "relative_strength": -14.966549,
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        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -25.693297,
        "energy": 9.861536,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-06-26",
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        "volume": 15200,
        "typical_volume": 97235.0,
        "trend": 28.078093,
        "fair_value": 29.01642,
        "relative_strength": -15.861833,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -32.321321,
        "energy": 14.573247,
        "activity_lines": [
          27.877325,
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        ]
      },
      {
        "date": "2026-07-03",
        "close": 28.893347,
        "volume": 4800,
        "typical_volume": 93840.0,
        "trend": 28.126063,
        "fair_value": 29.008565,
        "relative_strength": -12.284639,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 17.929287,
        "energy": 14.509484,
        "activity_lines": [
          28.235364,
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        ]
      },
      {
        "date": "2026-07-10",
        "close": 27.966766,
        "volume": 29300,
        "typical_volume": 94135.0,
        "trend": 28.159757,
        "fair_value": 28.996113,
        "relative_strength": -14.568125,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 3.741255,
        "energy": 7.848071,
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          28.18521,
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          27.978432,
          27.987265
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      },
      {
        "date": "2026-07-17",
        "close": 28.664192,
        "volume": 36200,
        "typical_volume": 94995.0,
        "trend": 28.134953,
        "fair_value": 28.980018,
        "relative_strength": -11.711736,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 23.129633,
        "energy": 25.97502,
        "activity_lines": [
          28.362512,
          28.140707,
          28.04865,
          28.01981
        ]
      },
      {
        "date": "2026-07-24",
        "close": 29.790035,
        "volume": 30200,
        "typical_volume": 94365.0,
        "trend": 28.136931,
        "fair_value": 28.982,
        "relative_strength": -7.940438,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 42.16136,
        "energy": 49.621802,
        "activity_lines": [
          28.865572,
          28.480136,
          28.224426,
          28.126589
        ]
      },
      {
        "date": "2026-07-31",
        "close": 30.219999,
        "volume": 52500,
        "typical_volume": 95420.0,
        "trend": 28.148076,
        "fair_value": 28.984269,
        "relative_strength": -5.617662,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 74.869917,
        "energy": 72.578516,
        "activity_lines": [
          29.405306,
          28.85293,
          28.430549,
          28.26098
        ]
      },
      {
        "date": "2026-08-07",
        "close": 30.6,
        "volume": 166300,
        "typical_volume": 101735.0,
        "trend": 28.179404,
        "fair_value": 28.990545,
        "relative_strength": -6.872251,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.085769,
        "energy": 81.865686,
        "activity_lines": [
          29.903017,
          29.241467,
          28.660166,
          28.419169
        ]
      }
    ],
    "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."
    }
  }
}