{ "ticker": { "uuid": "08670045-00d3-42a1-aa47-3825fc0f8724", "symbol": "IMI", "name": "IMI 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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "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": 76.587, "architecture_energy": 64.23, "architecture_maturity": 38.923, "architecture_confidence": 83.163, "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": 17.3, "rotation_up": 68.75, "upward_expansion": 84.9, "deceleration": 48.25, "rotation_down": 13.24, "downward_expansion": 11.57 }, "activity_lines": [ 3021.866667, 2980.181818, 2909.04653, 2865.256173 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 3136.0, "trend_reference": 2821.31106, "distance_from_trend": 0.11154, "trend_direction": "Improving", "fair_value": 2071.674584, "distance_from_fair_value": 0.513751, "fair_value_direction": "Improving", "relative_strength": 10.140311, "relative_strength_direction": "Improving", "price_momentum": 0.10277, "excess_performance": 0.051534, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.11154, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.06007, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.513751, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.098446, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.101403, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.01998, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.10277, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.859367, "read": "Demand-led" } ], "volume": { "latest": 3547297, "relative_activity": 0.732292, "balance": 1.859367, "dry_up": 0.810166, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.048004, "annualized_volatility": 0.274657, "from_high_reference": -0.00191, "from_low_reference": 0.415287 }, "levels": { "trend_reference": 2821.31106, "fair_value_reference": 2071.674584, "structural_low": 2487.78027, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 34, "median_return": 0.017365, "positive_rate": 0.647059, "directional_follow_through": 0.647059, "median_excess_return": 0.01146, "regime_survival": 0.735294, "best_return": 0.135151, "worst_return": -0.141817, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.060315, "positive_rate": 0.727273, "directional_follow_through": 0.727273, "median_excess_return": 0.024764, "regime_survival": 0.636364, "best_return": 0.171863, "worst_return": -0.097621, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.124731, "positive_rate": 0.857143, "directional_follow_through": 0.857143, "median_excess_return": 0.066289, "regime_survival": 0.571429, "best_return": 0.231667, "worst_return": -0.041989, "sufficient": 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"close": 2936.0, "volume": 4143503, "typical_volume": 5042443.05, "trend": 2804.436654, "fair_value": 2061.542284, "relative_strength": 3.74402, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.990894, "energy": 35.567866, "activity_lines": [ 2957.333333, 2939.781818, 2879.101507, 2843.864989 ] }, { "date": "2026-08-07", "close": 3136.0, "volume": 3547297, "typical_volume": 4844104.2, "trend": 2821.31106, "fair_value": 2071.674584, "relative_strength": 10.140311, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.587374, "energy": 64.23045, "activity_lines": [ 3021.866667, 2980.181818, 2909.04653, 2865.256173 ] } ], "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." } } }