{
  "ticker": {
    "uuid": "e94e2ee0-0e51-40ba-87d1-5225528a6118",
    "symbol": "RIC",
    "name": "Ridley Corporation 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": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 65.236,
    "architecture_energy": 59.676,
    "architecture_maturity": 24.051,
    "architecture_confidence": 78.73,
    "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": 22.2,
        "rotation_up": 69.53,
        "upward_expansion": 87.54,
        "deceleration": 43.41,
        "rotation_down": 13.7,
        "downward_expansion": 14.21
      },
      "activity_lines": [
        2.840667,
        2.793455,
        2.773851,
        2.744318
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 2.89,
    "trend_reference": 2.686764,
    "distance_from_trend": 0.075643,
    "trend_direction": "Improving",
    "fair_value": 2.452594,
    "distance_from_fair_value": 0.178344,
    "fair_value_direction": "Improving",
    "relative_strength": 0.522642,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.237402,
    "excess_performance": 0.173696,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.075643,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.022403,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.178344,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.033928,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.005226,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.008613,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.237402,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.456162,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1987947,
      "relative_activity": 0.807237,
      "balance": 2.456162,
      "dry_up": 1.304754,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.044051,
      "annualized_volatility": 0.311096,
      "from_high_reference": -0.092597,
      "from_low_reference": 0.258554
    },
    "levels": {
      "trend_reference": 2.686764,
      "fair_value_reference": 2.452594,
      "structural_low": 2.325725,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 37,
        "median_return": 0.011236,
        "positive_rate": 0.513514,
        "directional_follow_through": 0.513514,
        "median_excess_return": 0.005027,
        "regime_survival": 0.783784,
        "best_return": 0.185345,
        "worst_return": -0.157706,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 12,
        "median_return": 0.050932,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.05414,
        "regime_survival": 0.416667,
        "best_return": 0.218629,
        "worst_return": -0.135314,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": 0.097546,
        "positive_rate": 0.714286,
        "directional_follow_through": 0.714286,
        "median_excess_return": 0.055753,
        "regime_survival": 0.285714,
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        "worst_return": -0.058671,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
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        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.075809,
        "regime_survival": 0.5,
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        "worst_return": 0.087693,
        "sufficient": false
      }
    ],
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        "regime": "rotation_up",
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        "regime": "upward_expansion",
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      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "regime": "balance",
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      },
      {
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      },
      {
        "date": "2026-07-03",
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      },
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 2661326.1,
        "trend": 2.657555,
        "fair_value": 2.431662,
        "relative_strength": 1.402494,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 31.146983,
        "energy": 20.584714,
        "activity_lines": [
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          2.739156,
          2.708138
        ]
      },
      {
        "date": "2026-07-24",
        "close": 2.81,
        "volume": 5356103,
        "typical_volume": 2706921.65,
        "trend": 2.66552,
        "fair_value": 2.438457,
        "relative_strength": 3.134028,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 42.349775,
        "energy": 18.80248,
        "activity_lines": [
          2.752667,
          2.754364,
          2.746705,
          2.717973
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      },
      {
        "date": "2026-07-31",
        "close": 2.86,
        "volume": 2587778,
        "typical_volume": 2558531.0,
        "trend": 2.676132,
        "fair_value": 2.445516,
        "relative_strength": 2.599497,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.668039,
        "energy": 45.189276,
        "activity_lines": [
          2.799333,
          2.772727,
          2.759187,
          2.730521
        ]
      },
      {
        "date": "2026-08-07",
        "close": 2.89,
        "volume": 1987947,
        "typical_volume": 2462657.0,
        "trend": 2.686764,
        "fair_value": 2.452594,
        "relative_strength": 0.522642,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.236105,
        "energy": 59.676396,
        "activity_lines": [
          2.840667,
          2.793455,
          2.773851,
          2.744318
        ]
      }
    ],
    "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."
    }
  }
}