{
  "ticker": {
    "uuid": "310370e9-1632-444a-a440-60404d2716b1",
    "symbol": "EVPL",
    "name": "everplay group 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": -57.189,
    "architecture_energy": 42.331,
    "architecture_maturity": 90.323,
    "architecture_confidence": 83.914,
    "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": 21.02,
        "rotation_up": 21.77,
        "upward_expansion": 5.54,
        "deceleration": 59.36,
        "rotation_down": 50.42,
        "downward_expansion": 76.54
      },
      "activity_lines": [
        229.4,
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        242.146925,
        250.065301
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.5
    },
    "latest_close": 236.0,
    "trend_reference": 265.355144,
    "distance_from_trend": -0.110626,
    "trend_direction": "Weakening",
    "fair_value": 276.973827,
    "distance_from_fair_value": -0.147934,
    "fair_value_direction": "Weakening",
    "relative_strength": -29.714209,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.197224,
    "excess_performance": -0.248459,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.110626,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.113949,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.147934,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.077334,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.297142,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.052091,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.197224,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.870031,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 1121129,
      "relative_activity": 0.595356,
      "balance": 0.870031,
      "dry_up": 1.35102,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.086218,
      "annualized_volatility": 0.485786,
      "from_high_reference": -0.445957,
      "from_low_reference": 0.151298
    },
    "levels": {
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      "fair_value_reference": 276.973827,
      "structural_low": 204.986011,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 33,
        "median_return": 0.010204,
        "positive_rate": 0.515152,
        "directional_follow_through": 0.484848,
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        "sufficient": true
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        "horizon": "Intermediate",
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        "sufficient": true
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
        "close": 234.5,
        "volume": 4523640,
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        "trend": 268.421064,
        "fair_value": 277.543961,
        "relative_strength": -30.874363,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.459697,
        "energy": 50.341434,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 236.0,
        "volume": 1121129,
        "typical_volume": 1883123.6,
        "trend": 265.355144,
        "fair_value": 276.973827,
        "relative_strength": -29.714209,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.188983,
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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."
    }
  }
}