{
  "ticker": {
    "uuid": "1037b195-264b-4a09-857b-8237d3bb102d",
    "symbol": "KIST",
    "name": "Kistos Holdings 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": 57.692,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Re-acceleration watch",
    "architecture_gate": "up",
    "architecture_direction": 26.629,
    "architecture_energy": 16.156,
    "architecture_maturity": 24.9,
    "architecture_confidence": 59.593,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The prior uptrend is attempting to re-accelerate.",
        "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set."
      },
      "scores": {
        "balance": 48.42,
        "rotation_up": 46.25,
        "upward_expansion": 61.39,
        "deceleration": 57.46,
        "rotation_down": 15.1,
        "downward_expansion": 13.72
      },
      "activity_lines": [
        268.233333,
        264.4,
        267.933333,
        267.202151
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.333333
    },
    "latest_close": 260.0,
    "trend_reference": 262.283333,
    "distance_from_trend": -0.008706,
    "trend_direction": "Improving",
    "fair_value": 177.278846,
    "distance_from_fair_value": 0.466616,
    "fair_value_direction": "Weakening",
    "relative_strength": 8.69156,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.04,
    "excess_performance": -0.011235,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.008706,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.126727,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.466616,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.172743,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.086916,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.306419,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.04,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.632674,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 521241,
      "relative_activity": 0.685918,
      "balance": 0.632674,
      "dry_up": 0.847289,
      "accumulation_observations": 1,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.090799,
      "annualized_volatility": 0.503698,
      "from_high_reference": -0.223881,
      "from_low_reference": 0.793103
    },
    "levels": {
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      "fair_value_reference": 177.278846,
      "structural_low": 225.0,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 8,
        "median_return": 0.031039,
        "positive_rate": 0.875,
        "directional_follow_through": 0.875,
        "median_excess_return": 0.006827,
        "regime_survival": 0.875,
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        "worst_return": -0.182058,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": 0.255904,
        "positive_rate": 1.0,
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        "regime_survival": 0.5,
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        "worst_return": 0.099379,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 1,
        "median_return": 0.552795,
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        "regime_survival": 0.0,
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        "sufficient": false
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      {
        "horizon": "Full cycle",
        "sample_count": 1,
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        "sufficient": false
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        "regime": "balance",
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      {
        "regime": "rotation_down",
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        "regime": "downward_expansion",
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      {
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        "active": false
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      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "active": false
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      {
        "regime": "rotation_up",
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      {
        "regime": "balance",
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      {
        "regime": "deceleration",
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      },
      {
        "date": "2026-05-01",
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      },
      {
        "date": "2026-05-08",
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      },
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        "date": "2026-05-15",
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        "date": "2026-05-22",
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        "date": "2026-05-29",
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        "date": "2026-06-05",
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      },
      {
        "date": "2026-06-12",
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        "date": "2026-06-19",
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      },
      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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        "fair_value": 176.185897,
        "relative_strength": 18.231032,
        "stage": 3,
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      },
      {
        "date": "2026-07-10",
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        "volume": 726502,
        "typical_volume": 990353.6,
        "trend": 250.3,
        "fair_value": 176.371795,
        "relative_strength": 23.270947,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.308154,
        "energy": 14.106475,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
        "close": 277.0,
        "volume": 715552,
        "typical_volume": 981450.05,
        "trend": 253.466667,
        "fair_value": 176.641026,
        "relative_strength": 21.037603,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.209208,
        "energy": 15.967849,
        "activity_lines": [
          266.666667,
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          265.23871
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      },
      {
        "date": "2026-07-24",
        "close": 268.0,
        "volume": 572801,
        "typical_volume": 918535.65,
        "trend": 256.5,
        "fair_value": 176.839744,
        "relative_strength": 15.015306,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.517537,
        "energy": 23.814917,
        "activity_lines": [
          269.9,
          263.018182,
          268.7,
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        ]
      },
      {
        "date": "2026-07-31",
        "close": 272.0,
        "volume": 765885,
        "typical_volume": 851748.2,
        "trend": 259.6,
        "fair_value": 177.137821,
        "relative_strength": 14.671416,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 34.88937,
        "energy": 25.01319,
        "activity_lines": [
          272.466667,
          264.681818,
          268.892857,
          267.176344
        ]
      },
      {
        "date": "2026-08-07",
        "close": 260.0,
        "volume": 521241,
        "typical_volume": 759917.15,
        "trend": 262.283333,
        "fair_value": 177.278846,
        "relative_strength": 8.69156,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 26.6292,
        "energy": 16.155761,
        "activity_lines": [
          268.233333,
          264.4,
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          267.202151
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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."
    }
  }
}