{ "ticker": { "uuid": "09767a70-742e-4474-82a7-89e35291eabb", "symbol": "BIG", "name": "Big Technologies 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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 67.277, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": -19.875, "architecture_energy": 23.598, "architecture_maturity": 11.976, "architecture_confidence": 58.391, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 45.13, "rotation_up": 18.21, "upward_expansion": 22.03, "deceleration": 56.48, "rotation_down": 52.36, "downward_expansion": 40.37 }, "activity_lines": [ 97.146667, 97.756364, 99.420476, 99.248602 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 96.2, "trend_reference": 98.636666, "distance_from_trend": -0.024703, "trend_direction": "Improving", "fair_value": 122.836859, "distance_from_fair_value": -0.216847, "fair_value_direction": "Improving", "relative_strength": -0.824303, "relative_strength_direction": "Weakening", "price_momentum": -0.079426, "excess_performance": -0.145704, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.024703, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.114329, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.216847, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.033025, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.008243, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.094294, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.079426, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.553435, "read": "Supply-led" } ], "volume": { "latest": 1685574, "relative_activity": 1.500917, "balance": 0.553435, "dry_up": 1.049972, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.05062, "annualized_volatility": 0.368064, "from_high_reference": -0.159825, "from_low_reference": 0.712627 }, "levels": { "trend_reference": 98.636666, "fair_value_reference": 122.836859, "structural_low": 78.266998, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 12, "median_return": -0.038315, "positive_rate": 0.083333, "directional_follow_through": 0.083333, "median_excess_return": -0.059255, "regime_survival": 0.75, "best_return": 0.085714, "worst_return": -0.144578, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.206723, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.19379, "regime_survival": 0.4, "best_return": -0.104478, "worst_return": -0.330508, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.230189, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.307201, "regime_survival": 0.333333, "best_return": -0.109244, "worst_return": 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"2026-01-23", "end": "2026-02-20", "tenure": "Developing", "return": 0.098522, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-27", "end": "2026-03-27", "tenure": "New", "return": -0.245455, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-04-24", "tenure": "New", "return": 0.221065, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-07-03", "tenure": "Developing", "return": -0.029703, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": -0.008247, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 265.0, "volume": 148832, "typical_volume": 1426567.55, "trend": 260.666667, "fair_value": 274.953883, "relative_strength": 0.585575, "stage": 1, 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97.0, "volume": 411904, "typical_volume": 1425235.7, "trend": 95.41, "fair_value": 126.954808, "relative_strength": 2.777467, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.486179, "energy": 17.417941, "activity_lines": [ 98.186667, 100.341818, 100.008571, 99.130753 ] }, { "date": "2026-07-17", "close": 96.0, "volume": 1176295, "typical_volume": 1324281.7, "trend": 96.29, "fair_value": 125.903526, "relative_strength": 0.932064, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -0.435309, "energy": 15.17671, "activity_lines": [ 97.113333, 99.312727, 99.671429, 99.168817 ] }, { "date": "2026-07-24", "close": 98.4, "volume": 711155, "typical_volume": 1106650.75, "trend": 97.143333, "fair_value": 124.92532, "relative_strength": 2.3709, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.100217, "energy": 13.972849, "activity_lines": [ 97.306667, 98.847273, 99.636667, 99.304946 ] }, { "date": "2026-07-31", "close": 98.0, "volume": 1143573, "typical_volume": 1093492.25, "trend": 97.93, "fair_value": 123.9125, "relative_strength": 1.011444, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.625003, "energy": 17.527201, "activity_lines": [ 97.573333, 98.429091, 99.619048, 99.360215 ] }, { "date": "2026-08-07", "close": 96.2, "volume": 1685574, "typical_volume": 1123029.6, "trend": 98.636666, "fair_value": 122.836859, "relative_strength": -0.824303, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.874663, "energy": 23.598143, "activity_lines": [ 97.146667, 97.756364, 99.420476, 99.248602 ] } ], "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." } } }