{
  "ticker": {
    "uuid": "4a827cb5-7933-4576-905b-1809c40e88f1",
    "symbol": "ABDN",
    "name": "Aberdeen 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": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "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": 62.882,
    "architecture_energy": 40.204,
    "architecture_maturity": 62.14,
    "architecture_confidence": 72.485,
    "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": 16.51,
        "rotation_up": 47.61,
        "upward_expansion": 78.51,
        "deceleration": 67.51,
        "rotation_down": 25.81,
        "downward_expansion": 5.17
      },
      "activity_lines": [
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        232.313407
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.666667
    },
    "latest_close": 252.6,
    "trend_reference": 224.307289,
    "distance_from_trend": 0.126134,
    "trend_direction": "Improving",
    "fair_value": 177.244809,
    "distance_from_fair_value": 0.425148,
    "fair_value_direction": "Improving",
    "relative_strength": 9.240953,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.167695,
    "excess_performance": 0.116459,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.126134,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.067959,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.425148,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.164348,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.09241,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.051545,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.167695,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.010598,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 28898199,
      "relative_activity": 1.417507,
      "balance": 1.010598,
      "dry_up": 1.293829,
      "accumulation_observations": 2,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.065108,
      "annualized_volatility": 0.292485,
      "from_high_reference": -0.046792,
      "from_low_reference": 0.42344
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    "levels": {
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      "fair_value_reference": 177.244809,
      "structural_low": 179.600006,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 18,
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        "positive_rate": 0.444444,
        "directional_follow_through": 0.444444,
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        "sufficient": true
      },
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        "horizon": "Intermediate",
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        "horizon": "Extended",
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        "horizon": "Full cycle",
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      },
      {
        "date": "2026-07-17",
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        "fair_value": 176.598531,
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        "activity_lines": [
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 19999152.15,
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        "fair_value": 176.685029,
        "relative_strength": 9.220763,
        "stage": 2,
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        "modifier": "Established expansion",
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      },
      {
        "date": "2026-07-31",
        "close": 240.6,
        "volume": 36053449,
        "typical_volume": 20692485.8,
        "trend": 222.878156,
        "fair_value": 176.821274,
        "relative_strength": 4.441324,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.292934,
        "energy": 38.557851,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 252.6,
        "volume": 28898199,
        "typical_volume": 20386638.9,
        "trend": 224.307289,
        "fair_value": 177.244809,
        "relative_strength": 9.240953,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.88181,
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        "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."
    }
  }
}