{ "ticker": { "uuid": "2468402e-876d-449a-aff6-4b7f1026eeb7", "symbol": "FUTR", "name": "Future 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": -33.611, "architecture_energy": 20.461, "architecture_maturity": 100.0, "architecture_confidence": 76.497, "architecture_tenure": "Extended", "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": 39.22, "rotation_up": 29.74, "upward_expansion": 21.21, "deceleration": 44.05, "rotation_down": 28.12, "downward_expansion": 57.54 }, "activity_lines": [ 311.88, 306.276364, 310.187619, 327.733549 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 329.6, "trend_reference": 363.530001, "distance_from_trend": -0.093335, "trend_direction": "Weakening", "fair_value": 720.679566, "distance_from_fair_value": -0.542654, "fair_value_direction": "Improving", "relative_strength": -37.40707, "relative_strength_direction": "Improving", "price_momentum": -0.297228, "excess_performance": -0.348463, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.093335, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.195774, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.542654, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.027189, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.374071, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.103702, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.297228, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.247018, "read": "Demand-led" } ], "volume": { "latest": 1867790, "relative_activity": 0.605808, "balance": 1.247018, "dry_up": 0.762878, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.091701, "annualized_volatility": 0.558301, "from_high_reference": -0.580257, "from_low_reference": 0.257036 }, "levels": { "trend_reference": 363.530001, "fair_value_reference": 720.679566, 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3375280.35, "trend": 369.937646, "fair_value": 723.567906, "relative_strength": -42.903185, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.089933, "energy": 32.327263, "activity_lines": [ 302.466667, 301.636364, 309.219048, 330.335978 ] }, { "date": "2026-08-07", "close": 329.6, "volume": 1867790, "typical_volume": 3083138.45, "trend": 363.530001, "fair_value": 720.679566, "relative_strength": -37.40707, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.611362, "energy": 20.460531, "activity_lines": [ 311.88, 306.276364, 310.187619, 327.733549 ] } ], "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." } } }