{ "ticker": { "uuid": "0a2fc490-6505-4116-af86-fac56de0fd67", "symbol": "ENOG", "name": "Energean 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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -40.241, "architecture_energy": 26.358, "architecture_maturity": 99.78, "architecture_confidence": 81.789, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 28.14, "rotation_up": 33.88, "upward_expansion": 21.97, "deceleration": 44.0, "rotation_down": 27.42, "downward_expansion": 58.3 }, "activity_lines": [ 761.666667, 745.572727, 766.458305, 790.609778 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 732.0, "trend_reference": 822.236558, "distance_from_trend": -0.109745, "trend_direction": "Weakening", "fair_value": 938.003523, "distance_from_fair_value": -0.219619, "fair_value_direction": "Weakening", "relative_strength": -21.557002, "relative_strength_direction": "Weakening", "price_momentum": -0.146454, "excess_performance": -0.197689, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.109745, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.069834, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.219619, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.098013, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.21557, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.106209, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.146454, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.548863, "read": "Supply-led" } ], "volume": { "latest": 2020148, "relative_activity": 1.502985, "balance": 0.548863, "dry_up": 1.25069, "accumulation_observations": 1, "distribution_observations": 5 }, "risk": { "range_context": 0.072391, "annualized_volatility": 0.32677, "from_high_reference": -0.296949, "from_low_reference": 0.085248 }, "levels": { "trend_reference": 822.236558, "fair_value_reference": 938.003523, 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"direction": -34.008903, "energy": 24.323775, "activity_lines": [ 768.433333, 747.216262, 772.757068, 796.811222 ] }, { "date": "2026-08-07", "close": 732.0, "volume": 2020148, "typical_volume": 1344090.35, "trend": 822.236558, "fair_value": 938.003523, "relative_strength": -21.557002, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.241396, "energy": 26.358191, "activity_lines": [ 761.666667, 745.572727, 766.458305, 790.609778 ] } ], "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." } } }