{ "ticker": { "uuid": "1a2752c0-0a62-4239-9e32-9885a9b98d94", "symbol": "FRAN", "name": "Franchise Brands 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": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Momentum cooling", "architecture_gate": "up", "architecture_direction": 59.807, "architecture_energy": 42.841, "architecture_maturity": 19.355, "architecture_confidence": 77.909, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 24.81, "rotation_up": 51.12, "upward_expansion": 76.82, "deceleration": 58.58, "rotation_down": 20.84, "downward_expansion": 5.82 }, "activity_lines": [ 147.1, 145.563636, 144.10589, 140.363082 ], "activity_state": "Wide", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 148.5, "trend_reference": 136.43509, "distance_from_trend": 0.08843, "trend_direction": "Improving", "fair_value": 150.803512, "distance_from_fair_value": -0.015275, "fair_value_direction": "Improving", "relative_strength": 1.401656, "relative_strength_direction": "Weakening", "price_momentum": 0.129386, "excess_performance": 0.078151, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.08843, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.022964, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.015275, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.022995, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.014017, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.00281, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.129386, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.269809, "read": "Demand-led" } ], "volume": { "latest": 727833, "relative_activity": 0.696218, "balance": 1.269809, "dry_up": 0.728789, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.047356, "annualized_volatility": 0.239594, "from_high_reference": -0.060127, "from_low_reference": 0.419016 }, "levels": { "trend_reference": 136.43509, "fair_value_reference": 150.803512, "structural_low": 104.649951, "invalidation": "A 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141.077129, 137.981531 ] }, { "date": "2026-07-24", "close": 144.0, "volume": 863156, "typical_volume": 1124003.9, "trend": 135.600876, "fair_value": 150.732098, "relative_strength": -0.460732, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.195566, "energy": 19.265218, "activity_lines": [ 142.7, 143.636364, 141.790743, 138.534192 ] }, { "date": "2026-07-31", "close": 151.5, "volume": 895618, "typical_volume": 1048652.0, "trend": 136.051318, "fair_value": 150.726164, "relative_strength": 3.51066, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.678002, "energy": 39.393749, "activity_lines": [ 145.666667, 144.959091, 143.151917, 139.559942 ] }, { "date": "2026-08-07", "close": 148.5, "volume": 727833, "typical_volume": 1045410.1, "trend": 136.43509, "fair_value": 150.803512, "relative_strength": 1.401656, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 59.807143, "energy": 42.841142, "activity_lines": [ 147.1, 145.563636, 144.10589, 140.363082 ] } ], "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." } } }