{ "ticker": { "uuid": "f962b5c9-e8db-49a5-80d4-c64e0a52a043", "symbol": "IPH", "name": "IPH 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": 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": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 75.71, "architecture_energy": 60.675, "architecture_maturity": 41.655, "architecture_confidence": 87.517, "architecture_tenure": "Established", "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": 17.54, "rotation_up": 67.49, "upward_expansion": 85.71, "deceleration": 49.21, "rotation_down": 17.14, "downward_expansion": 10.05 }, "activity_lines": [ 4.168, 4.094727, 3.968952, 3.83594 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 4.32, "trend_reference": 3.690129, "distance_from_trend": 0.170691, "trend_direction": "Improving", "fair_value": 4.586611, "distance_from_fair_value": -0.058128, "fair_value_direction": "Improving", "relative_strength": 12.400942, "relative_strength_direction": "Improving", "price_momentum": 0.299976, "excess_performance": 0.23627, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.170691, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.07178, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.058128, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.160266, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.124009, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.136437, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.299976, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.759077, "read": "Demand-led" } ], "volume": { "latest": 4219786, "relative_activity": 1.138985, "balance": 2.759077, "dry_up": 1.084725, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.060007, "annualized_volatility": 0.304329, "from_high_reference": -0.161048, "from_low_reference": 0.408643 }, "levels": { "trend_reference": 3.690129, "fair_value_reference": 4.586611, "structural_low": 3.155, 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"2026-07-17", "close": 4.13, "volume": 3616909, "typical_volume": 4017379.85, "trend": 3.614021, "fair_value": 4.630499, "relative_strength": 11.774531, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.898934, "energy": 40.896694, "activity_lines": [ 4.000667, 3.995455, 3.844095, 3.734233 ] }, { "date": "2026-07-24", "close": 4.01, "volume": 3073801, "typical_volume": 3913154.95, "trend": 3.637233, "fair_value": 4.613964, "relative_strength": 9.27502, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.820799, "energy": 35.347406, "activity_lines": [ 4.005333, 4.008727, 3.874333, 3.75978 ] }, { "date": "2026-07-31", "close": 4.16, "volume": 5164544, "typical_volume": 3783028.6, "trend": 3.66228, "fair_value": 4.599487, "relative_strength": 11.232533, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.02988, "energy": 46.566318, "activity_lines": [ 4.072, 4.040364, 3.916143, 3.793507 ] }, { "date": "2026-08-07", "close": 4.32, "volume": 4219786, "typical_volume": 3704864.7, "trend": 3.690129, "fair_value": 4.586611, "relative_strength": 12.400942, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.709967, "energy": 60.675366, "activity_lines": [ 4.168, 4.094727, 3.968952, 3.83594 ] } ], "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." } } }