{
  "ticker": {
    "uuid": "223a8e29-bd20-45d7-a62a-3c8d1dee5ad0",
    "symbol": "HLN",
    "name": "Haleon 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": "4c",
    "phase_label": "Stage 4C \u00b7 Repair watch",
    "transition": "stage_4_to_1_watch",
    "transition_label": "Stage 4 \u2192 1 repair watch",
    "confidence": 51.573,
    "architecture_regime": "rotation_up",
    "architecture_regime_label": "Rotation Up",
    "architecture_modifier": "Value reclamation",
    "architecture_gate": "mixed",
    "architecture_direction": 27.536,
    "architecture_energy": 42.85,
    "architecture_maturity": 7.112,
    "architecture_confidence": 65.464,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating upward.",
        "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair."
      },
      "scores": {
        "balance": 35.89,
        "rotation_up": 65.21,
        "upward_expansion": 48.9,
        "deceleration": 23.12,
        "rotation_down": 14.7,
        "downward_expansion": 21.57
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      "activity_lines": [
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      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
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    "trend_direction": "Weakening",
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    "distance_from_fair_value": 0.032093,
    "fair_value_direction": "Improving",
    "relative_strength": -5.940588,
    "relative_strength_direction": "Improving",
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    "excess_performance": -0.123205,
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        "label": "Price vs Trend",
        "positive": true,
        "value": 0.013899,
        "read": "Above"
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      {
        "label": "Trend direction",
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        "value": -0.011648,
        "read": "Falling"
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      {
        "label": "Price vs current Fair Value",
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        "value": 0.032093,
        "read": "Premium"
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      {
        "label": "Fair Value direction",
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        "value": 0.101441,
        "read": "Closing upward"
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      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.059406,
        "read": "Lagging"
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      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.099924,
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      {
        "label": "Price momentum",
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        "value": -0.071969,
        "read": "Negative"
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      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.935788,
        "read": "Supply-led"
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    ],
    "volume": {
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      "accumulation_observations": 4,
      "distribution_observations": 3
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      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
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        "horizon": "Near term",
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        "horizon": "Intermediate",
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        "horizon": "Extended",
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        "horizon": "Full cycle",
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        "date": "2026-05-22",
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        "date": "2026-06-05",
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      },
      {
        "date": "2026-07-03",
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      },
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        "date": "2026-07-10",
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        "typical_volume": 88259108.45,
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        "fair_value": 357.040123,
        "relative_strength": -5.486909,
        "stage": 4,
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        "modifier": "Early contraction",
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        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 82793746.3,
        "trend": 364.788001,
        "fair_value": 357.268559,
        "relative_strength": -3.19296,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 14.113028,
        "energy": 31.058708,
        "activity_lines": [
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      },
      {
        "date": "2026-07-24",
        "close": 363.5,
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        "typical_volume": 81886478.15,
        "trend": 364.496316,
        "fair_value": 357.43962,
        "relative_strength": -6.620146,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 19.309985,
        "energy": 34.960288,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 363.3,
        "volume": 143508645,
        "typical_volume": 82604253.45,
        "trend": 364.271288,
        "fair_value": 357.707101,
        "relative_strength": -7.467667,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 20.701507,
        "energy": 33.152682,
        "activity_lines": [
          365.22,
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      },
      {
        "date": "2026-08-07",
        "close": 369.4,
        "volume": 95744409,
        "typical_volume": 81856442.65,
        "trend": 364.336248,
        "fair_value": 357.91342,
        "relative_strength": -5.940588,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 27.536283,
        "energy": 42.850217,
        "activity_lines": [
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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."
    }
  }
}