{ "ticker": { "uuid": "15b563c1-73b4-4fc8-bbab-b89609e52017", "symbol": "CAN", "name": "Canal+ SA", "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": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 64.361, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "down", "architecture_direction": 11.027, "architecture_energy": 5.948, "architecture_maturity": 20.11, "architecture_confidence": 68.511, "architecture_tenure": "New", "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": 53.88, "rotation_up": 21.73, "upward_expansion": 35.21, "deceleration": 65.2, "rotation_down": 36.97, "downward_expansion": 45.21 }, "activity_lines": [ 252.586667, 251.305047, 248.893765, 248.19698 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 267.6, "trend_reference": 253.700502, "distance_from_trend": 0.054787, "trend_direction": "Improving", "fair_value": 228.909007, "distance_from_fair_value": 0.169023, "fair_value_direction": "Improving", "relative_strength": -1.110371, "relative_strength_direction": "Improving", "price_momentum": -0.155767, "excess_performance": -0.222046, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.054787, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.005706, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.169023, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.128799, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.011104, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.07552, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.155767, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.918137, "read": "Demand-led" } ], "volume": { "latest": 4634534, "relative_activity": 1.509932, "balance": 2.918137, "dry_up": 0.963631, "accumulation_observations": 4, "distribution_observations": 0 }, "risk": { "range_context": 0.073695, "annualized_volatility": 0.63678, "from_high_reference": -0.182585, "from_low_reference": 0.58826 }, "levels": { "trend_reference": 253.700502, "fair_value_reference": 228.909007, 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advance", "gate": "down", "direction": -52.499263, "energy": 33.50465, "activity_lines": [ 242.386667, 249.417979, 244.032403, 247.96433 ] }, { "date": "2026-07-24", "close": 234.2, "volume": 1773476, "typical_volume": 4429640.2, "trend": 253.485748, "fair_value": 228.032115, "relative_strength": -12.389451, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.735342, "energy": 31.322514, "activity_lines": [ 238.2, 246.343114, 243.512965, 246.674327 ] }, { "date": "2026-07-31", "close": 263.0, "volume": 3717283, "typical_volume": 3949848.0, "trend": 253.513126, "fair_value": 228.448399, "relative_strength": -2.741679, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -16.894265, "energy": 16.095067, "activity_lines": [ 245.333333, 248.555172, 246.091026, 247.288149 ] }, { "date": "2026-08-07", "close": 267.6, "volume": 4634534, "typical_volume": 3069365.8, "trend": 253.700502, "fair_value": 228.909007, "relative_strength": -1.110371, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": 11.026776, "energy": 5.947893, "activity_lines": [ 252.586667, 251.305047, 248.893765, 248.19698 ] } ], "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." } } }