{
  "ticker": {
    "uuid": "4ae78705-4801-4ed1-825e-fd576de7c729",
    "symbol": "ALFRE",
    "name": "Freelance.com SA",
    "exchange": "PAR",
    "country": "FR",
    "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": "^FCHI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early 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": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 45.847,
    "architecture_energy": 38.166,
    "architecture_maturity": 74.837,
    "architecture_confidence": 87.11,
    "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": 21.86,
        "rotation_up": 34.11,
        "upward_expansion": 67.36,
        "deceleration": 88.12,
        "rotation_down": 27.66,
        "downward_expansion": 19.69
      },
      "activity_lines": [
        2.582667,
        2.619711,
        2.477426,
        2.374677
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
    },
    "latest_close": 2.5,
    "trend_reference": 2.299901,
    "distance_from_trend": 0.087003,
    "trend_direction": "Improving",
    "fair_value": 2.698702,
    "distance_from_fair_value": -0.073629,
    "fair_value_direction": "Improving",
    "relative_strength": 3.981185,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.072961,
    "excess_performance": 0.01965,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.087003,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.078812,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.073629,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.259934,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.039812,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.162858,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.072961,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 5.729431,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 30084,
      "relative_activity": 0.789115,
      "balance": 5.729431,
      "dry_up": 0.345448,
      "accumulation_observations": 3,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.05816,
      "annualized_volatility": 0.410299,
      "from_high_reference": -0.097473,
      "from_low_reference": 0.370656
    },
    "levels": {
      "trend_reference": 2.299901,
      "fair_value_reference": 2.698702,
      "structural_low": 1.823944,
      "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": 13,
        "median_return": -0.036364,
        "positive_rate": 0.384615,
        "directional_follow_through": 0.384615,
        "median_excess_return": -0.042294,
        "regime_survival": 0.692308,
        "best_return": 0.155822,
        "worst_return": -0.188679,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": -0.131807,
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        "best_return": 0.222603,
        "worst_return": -0.27972,
        "sufficient": true
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        "horizon": "Extended",
        "sample_count": 5,
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        "worst_return": -0.255944,
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        "horizon": "Full cycle",
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        "worst_return": -0.423776,
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      },
      {
        "date": "2026-04-24",
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        "date": "2026-05-15",
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        "date": "2026-06-05",
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      },
      {
        "date": "2026-07-03",
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      },
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        "relative_strength": 17.578962,
        "stage": 2,
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      },
      {
        "date": "2026-07-17",
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        "volume": 9267,
        "typical_volume": 44475.35,
        "trend": 2.263568,
        "fair_value": 2.743105,
        "relative_strength": 12.284911,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.331925,
        "energy": 81.580589,
        "activity_lines": [
          2.667333,
          2.601507,
          2.390646,
          2.315476
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      },
      {
        "date": "2026-07-24",
        "close": 2.62,
        "volume": 5119,
        "typical_volume": 42039.1,
        "trend": 2.277568,
        "fair_value": 2.727977,
        "relative_strength": 13.416609,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.954165,
        "energy": 63.148801,
        "activity_lines": [
          2.646667,
          2.624631,
          2.426136,
          2.338471
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      },
      {
        "date": "2026-07-31",
        "close": 2.63,
        "volume": 8209,
        "typical_volume": 40232.25,
        "trend": 2.291235,
        "fair_value": 2.713274,
        "relative_strength": 11.957777,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.702125,
        "energy": 54.707515,
        "activity_lines": [
          2.632667,
          2.638083,
          2.45977,
          2.361209
        ]
      },
      {
        "date": "2026-08-07",
        "close": 2.5,
        "volume": 30084,
        "typical_volume": 38123.7,
        "trend": 2.299901,
        "fair_value": 2.698702,
        "relative_strength": 3.981185,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 45.8465,
        "energy": 38.166246,
        "activity_lines": [
          2.582667,
          2.619711,
          2.477426,
          2.374677
        ]
      }
    ],
    "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."
    }
  }
}