{ "ticker": { "uuid": "056a8180-d415-448a-bd12-2669e6237a5d", "symbol": "TAM", "name": "Tatton Asset Management plc", "exchange": "LSE", "country": "GB", "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": "^FTSE", "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": 61.169, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 59.253, "architecture_energy": 46.709, "architecture_maturity": 31.835, "architecture_confidence": 54.61, "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": 22.39, "rotation_up": 55.06, "upward_expansion": 77.48, "deceleration": 70.15, "rotation_down": 19.3, "downward_expansion": 6.48 }, "activity_lines": [ 727.066667, 721.1195, 680.62774, 660.637039 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Stable", "price_acceptance": 0.5 }, "latest_close": 714.0, "trend_reference": 647.507993, "distance_from_trend": 0.102689, "trend_direction": "Improving", "fair_value": 632.973302, "distance_from_fair_value": 0.12801, "fair_value_direction": "Improving", "relative_strength": -2.272032, "relative_strength_direction": "Improving", "price_momentum": 0.008475, "excess_performance": -0.042761, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.102689, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.004881, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.12801, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.123373, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.02272, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.112592, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.008475, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.726215, "read": "Supply-led" } ], "volume": { "latest": 405636, "relative_activity": 0.766984, "balance": 0.726215, "dry_up": 1.005092, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.078351, "annualized_volatility": 0.385853, "from_high_reference": -0.126955, "from_low_reference": 0.361543 }, "levels": { "trend_reference": 647.507993, "fair_value_reference": 632.973302, "structural_low": 524.405029, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 28, "median_return": 0.008797, "positive_rate": 0.535714, "directional_follow_through": 0.535714, "median_excess_return": 0.008653, "regime_survival": 0.714286, "best_return": 0.121901, "worst_return": -0.168675, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.016793, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.02171, "regime_survival": 0.5, "best_return": 0.160791, "worst_return": -0.133276, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.067967, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.056575, "regime_survival": 0.333333, "best_return": 0.306753, "worst_return": -0.124175, "sufficient": true }, { "horizon": "Full cycle", 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"energy": 72.133327, "activity_lines": [ 714.23978, 671.604775, 641.051355, 636.501467 ] }, { "date": "2026-07-17", "close": 782.0, "volume": 919147, "typical_volume": 622420.05, "trend": 641.707993, "fair_value": 628.082207, "relative_strength": 8.880852, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 83.052229, "energy": 90.673374, "activity_lines": [ 743.720427, 696.377709, 656.435928, 645.776221 ] }, { "date": "2026-07-24", "close": 740.0, "volume": 480150, "typical_volume": 575789.95, "trend": 644.241326, "fair_value": 629.795934, "relative_strength": 1.955885, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.414421, "energy": 81.059218, "activity_lines": [ 746.0, 710.530196, 667.068119, 652.11764 ] }, { "date": "2026-07-31", "close": 708.0, "volume": 321327, "typical_volume": 573613.4, "trend": 645.707993, "fair_value": 631.349373, "relative_strength": -3.238958, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.865751, "energy": 59.362668, "activity_lines": [ 734.266667, 716.17142, 673.928882, 656.231103 ] }, { "date": "2026-08-07", "close": 714.0, "volume": 405636, "typical_volume": 528871.75, "trend": 647.507993, "fair_value": 632.973302, "relative_strength": -2.272032, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.252928, "energy": 46.708535, "activity_lines": [ 727.066667, 721.1195, 680.62774, 660.637039 ] } ], "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." } } }