{
  "ticker": {
    "uuid": "04bd1d10-eafd-4541-b1f1-cd3cfb86fe01",
    "symbol": "LXFR",
    "name": "Luxfer Holdings PLC",
    "exchange": "NYSE",
    "country": "US",
    "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": "SPY",
    "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": 37.986,
    "architecture_energy": 25.813,
    "architecture_maturity": 59.569,
    "architecture_confidence": 87.467,
    "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": 39.22,
        "rotation_up": 23.6,
        "upward_expansion": 54.99,
        "deceleration": 92.87,
        "rotation_down": 27.54,
        "downward_expansion": 20.99
      },
      "activity_lines": [
        16.981115,
        17.20256,
        16.754005,
        15.93086
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.0
    },
    "latest_close": 17.1,
    "trend_reference": 15.179701,
    "distance_from_trend": 0.126504,
    "trend_direction": "Improving",
    "fair_value": 11.761606,
    "distance_from_fair_value": 0.453883,
    "fair_value_direction": "Improving",
    "relative_strength": 7.76003,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.114318,
    "excess_performance": -0.011307,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.126504,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.109692,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.453883,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.084522,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.0776,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.006127,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.114318,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.535939,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 1837290,
      "relative_activity": 1.861111,
      "balance": 0.535939,
      "dry_up": 2.163803,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.067682,
      "annualized_volatility": 0.441885,
      "from_high_reference": -0.1139,
      "from_low_reference": 0.533919
    },
    "levels": {
      "trend_reference": 15.179701,
      "fair_value_reference": 11.761606,
      "structural_low": 11.147917,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 12,
        "median_return": 0.0339,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.041055,
        "regime_survival": 0.416667,
        "best_return": 0.248715,
        "worst_return": -0.11782,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": 0.091856,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.031785,
        "regime_survival": 0.0,
        "best_return": 0.37443,
        "worst_return": -0.108689,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.049271,
        "positive_rate": 0.2,
        "directional_follow_through": 0.2,
        "median_excess_return": -0.088895,
        "regime_survival": 0.2,
        "best_return": 0.296869,
        "worst_return": -0.166928,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.267287,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.172427,
        "regime_survival": 0.0,
        "best_return": 0.075105,
        "worst_return": -0.291417,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-21",
        "end": "2025-04-04",
        "tenure": "New",
        "return": -0.130397,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-06-06",
        "tenure": "Developing",
        "return": 0.183231,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-13",
        "end": "2025-07-11",
        "tenure": "Developing",
        "return": 0.062338,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-07-18",
        "end": "2025-08-01",
        "tenure": "New",
        "return": -0.01086,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-08",
        "end": "2025-08-29",
        "tenure": "New",
        "return": 0.1,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-05",
        "end": "2025-10-17",
        "tenure": "Developing",
        "return": -0.056934,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-24",
        "end": "2025-11-21",
        "tenure": "Developing",
        "return": -0.11782,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-11-28",
        "end": "2025-12-05",
        "tenure": "New",
        "return": 0.032,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-12-12",
        "end": "2025-12-26",
        "tenure": "New",
        "return": 0.027757,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-02",
        "end": "2026-02-27",
        "tenure": "Developing",
        "return": -0.045588,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
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        "end": "2026-04-10",
        "tenure": "Developing",
        "return": 0.09182,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2026-05-08",
        "tenure": "New",
        "return": 0.204176,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2026-07-17",
        "tenure": "Developing",
        "return": 0.067227,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.002933,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2026-05-08",
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        "date": "2026-05-15",
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      },
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        "date": "2026-05-22",
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      },
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        "date": "2026-05-29",
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        "typical_volume": 894463.55,
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        "date": "2026-06-05",
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      },
      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-10",
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        "fair_value": 11.615486,
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      },
      {
        "date": "2026-07-17",
        "close": 16.51,
        "volume": 550174,
        "typical_volume": 903674.05,
        "trend": 14.847365,
        "fair_value": 11.643263,
        "relative_strength": 9.453834,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 46.928739,
        "energy": 36.359249,
        "activity_lines": [
          17.137063,
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          16.244197,
          15.524449
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      },
      {
        "date": "2026-07-24",
        "close": 17.05,
        "volume": 696329,
        "typical_volume": 896757.0,
        "trend": 14.955302,
        "fair_value": 11.681685,
        "relative_strength": 13.220579,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.895192,
        "energy": 25.738221,
        "activity_lines": [
          16.967151,
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          15.666554
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      },
      {
        "date": "2026-07-31",
        "close": 17.03,
        "volume": 5460637,
        "typical_volume": 1085339.4,
        "trend": 15.077951,
        "fair_value": 11.721902,
        "relative_strength": 11.431932,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.115331,
        "energy": 25.251237,
        "activity_lines": [
          16.915969,
          17.25324,
          16.606101,
          15.800406
        ]
      },
      {
        "date": "2026-08-07",
        "close": 17.1,
        "volume": 1837290,
        "typical_volume": 987200.5,
        "trend": 15.179701,
        "fair_value": 11.761606,
        "relative_strength": 7.76003,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.985577,
        "energy": 25.812865,
        "activity_lines": [
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      }
    ],
    "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."
    }
  }
}