{ "ticker": { "uuid": "fe332b73-2b05-4fea-91f1-a820328c6ed1", "symbol": "2652", "name": "Mandarake Inc.", "exchange": "JPX", "country": "JP", "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": "2026-09-18", "benchmark": "^N225", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 40.907, "architecture_energy": 27.942, "architecture_maturity": 55.878, "architecture_confidence": 88.653, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 34.74, "rotation_up": 32.96, "upward_expansion": 63.1, "deceleration": 88.0, "rotation_down": 26.52, "downward_expansion": 15.43 }, "activity_lines": [ 436.2, 441.036364, 430.27619, 410.860215 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 435.0, "trend_reference": 386.866667, "distance_from_trend": 0.124418, "trend_direction": "Improving", "fair_value": 388.391242, "distance_from_fair_value": 0.120005, "fair_value_direction": "Improving", "relative_strength": 4.001415, "relative_strength_direction": "Improving", "price_momentum": 0.310241, "excess_performance": 0.092031, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.124418, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.090277, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.120005, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.095561, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.040014, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.219066, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.310241, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.185869, "read": "Demand-led" } ], "volume": { "latest": 602500, "relative_activity": 1.793956, "balance": 1.185869, "dry_up": 2.511538, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.076746, "annualized_volatility": 0.333455, "from_high_reference": -0.112245, "from_low_reference": 0.416938 }, "levels": { "trend_reference": 386.866667, "fair_value_reference": 388.391242, "structural_low": 317.0, "invalidation": "A 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"label": "Balance", "color": "blue", "start": "2025-08-08", "end": "2025-08-29", "tenure": "New", "return": 0.04908, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "violet", "start": "2025-09-05", "end": "2025-09-19", "tenure": "New", "return": -0.048048, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-26", "end": "2025-10-10", "tenure": "New", "return": 0.124601, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-17", "end": "2025-11-28", "tenure": "Developing", "return": -0.047753, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-05", "end": "2026-03-06", "tenure": "Established", "return": 0.069277, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-13", "end": "2026-04-10", "tenure": "Developing", "return": -0.020896, "active": false }, 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"modifier": "Established expansion", "gate": "up", "direction": 60.876361, "energy": 52.620312, "activity_lines": [ 444.8, 440.454545, 414.514286, 395.124731 ] }, { "date": "2026-08-28", "close": 465.0, "volume": 986000, "typical_volume": 262355.0, "trend": 378.3, "fair_value": 386.896917, "relative_strength": 8.31109, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.902052, "energy": 57.842001, "activity_lines": [ 452.8, 446.4, 421.642857, 400.972043 ] }, { "date": "2026-09-04", "close": 438.0, "volume": 1185700, "typical_volume": 305775.0, "trend": 381.433333, "fair_value": 387.467029, "relative_strength": 4.499199, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.253452, "energy": 47.862902, "activity_lines": [ 449.533333, 446.054545, 425.547619, 404.823656 ] }, { "date": "2026-09-11", "close": 424.0, "volume": 599800, "typical_volume": 324385.0, "trend": 384.0, "fair_value": 387.873492, "relative_strength": 2.867402, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.255271, "energy": 30.988352, "activity_lines": [ 440.2, 442.545455, 427.614286, 407.569892 ] }, { "date": "2026-09-18", "close": 435.0, "volume": 602500, "typical_volume": 335850.0, "trend": 386.866667, "fair_value": 388.391242, "relative_strength": 4.001415, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.906806, "energy": 27.942295, "activity_lines": [ 436.2, 441.036364, 430.27619, 410.860215 ] } ], "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." } } }