{
  "ticker": {
    "uuid": "44f23108-2454-405b-bc22-b70d040775a3",
    "symbol": "HFD",
    "name": "Halfords 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": 2,
    "stage_name": "Advancing",
    "phase": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 77.371,
    "architecture_energy": 71.408,
    "architecture_maturity": 45.436,
    "architecture_confidence": 82.642,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 0.69,
        "rotation_up": 76.04,
        "upward_expansion": 90.0,
        "deceleration": 52.4,
        "rotation_down": 17.99,
        "downward_expansion": 12.0
      },
      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 246.0,
    "trend_reference": 171.19,
    "distance_from_trend": 0.437,
    "trend_direction": "Improving",
    "fair_value": 159.259099,
    "distance_from_fair_value": 0.544653,
    "fair_value_direction": "Improving",
    "relative_strength": 43.51796,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.637816,
    "excess_performance": 0.571538,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.437,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.181048,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.544653,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.556342,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.43518,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.429447,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.637816,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 7.985314,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 20869484,
      "relative_activity": 5.602039,
      "balance": 7.985314,
      "dry_up": 1.938863,
      "accumulation_observations": 3,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.056276,
      "annualized_volatility": 0.394834,
      "from_high_reference": -0.008065,
      "from_low_reference": 0.987076
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    "levels": {
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      "fair_value_reference": 159.259099,
      "structural_low": 123.800003,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 15,
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        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.053081,
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        "sufficient": true
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        "horizon": "Intermediate",
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 2691901.65,
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        "fair_value": 158.735578,
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        "stage": 2,
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      },
      {
        "date": "2026-07-24",
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        "volume": 1764584,
        "typical_volume": 2716591.8,
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        "fair_value": 158.862241,
        "relative_strength": 41.990209,
        "stage": 2,
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        "modifier": "Established expansion",
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        "energy": 88.641122,
        "activity_lines": [
          235.8,
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      },
      {
        "date": "2026-07-31",
        "close": 243.0,
        "volume": 2970471,
        "typical_volume": 2758456.85,
        "trend": 167.643334,
        "fair_value": 158.996658,
        "relative_strength": 43.39983,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.763184,
        "energy": 88.122112,
        "activity_lines": [
          239.033333,
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      },
      {
        "date": "2026-08-07",
        "close": 246.0,
        "volume": 20869484,
        "typical_volume": 3725336.9,
        "trend": 171.19,
        "fair_value": 159.259099,
        "relative_strength": 43.51796,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
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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."
    }
  }
}