{
  "ticker": {
    "uuid": "4c8723a0-51fd-4c23-b948-8c71287a4512",
    "symbol": "SOP",
    "name": "Sopra Steria Group 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": "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": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 91.577,
    "architecture_energy": 95.308,
    "architecture_maturity": 26.0,
    "architecture_confidence": 79.767,
    "architecture_tenure": "New",
    "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": 12.19,
        "rotation_up": 85.61,
        "upward_expansion": 97.64,
        "deceleration": 41.84,
        "rotation_down": 8.36,
        "downward_expansion": 21.97
      },
      "activity_lines": [
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        149.715652,
        143.16578
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 187.600006,
    "trend_reference": 138.301669,
    "distance_from_trend": 0.356455,
    "trend_direction": "Improving",
    "fair_value": 170.766216,
    "distance_from_fair_value": 0.098578,
    "fair_value_direction": "Improving",
    "relative_strength": 22.879879,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.386548,
    "excess_performance": 0.333237,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.356455,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.031525,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.098578,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.327762,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.228799,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.376697,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.386548,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 5.796685,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 243706,
      "relative_activity": 1.0915,
      "balance": 5.796685,
      "dry_up": 1.336574,
      "accumulation_observations": 4,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.064543,
      "annualized_volatility": 0.505319,
      "from_high_reference": -0.072206,
      "from_low_reference": 0.737128
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    "levels": {
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      "fair_value_reference": 170.766216,
      "structural_low": 107.994352,
      "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": 16,
        "median_return": -0.006435,
        "positive_rate": 0.4375,
        "directional_follow_through": 0.4375,
        "median_excess_return": -0.019553,
        "regime_survival": 0.6875,
        "best_return": 0.229416,
        "worst_return": -0.131553,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "worst_return": -0.110497,
        "sufficient": true
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        "horizon": "Extended",
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        "sufficient": true
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        "horizon": "Full cycle",
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        "worst_return": -0.258369,
        "sufficient": false
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        "regime": "rotation_down",
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        "regime": "deceleration",
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      },
      {
        "date": "2026-04-24",
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      {
        "date": "2026-05-08",
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        "date": "2026-05-15",
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      },
      {
        "date": "2026-05-22",
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      },
      {
        "date": "2026-06-05",
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      },
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      },
      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-10",
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        "volume": 250401,
        "typical_volume": 224504.45,
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        "fair_value": 171.221365,
        "relative_strength": -2.139425,
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      },
      {
        "date": "2026-07-17",
        "close": 148.699997,
        "volume": 203829,
        "typical_volume": 217746.55,
        "trend": 136.218335,
        "fair_value": 171.052544,
        "relative_strength": 0.607986,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 34.965899,
        "energy": 30.685514,
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          145.953333,
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          135.779436
        ]
      },
      {
        "date": "2026-07-24",
        "close": 154.899994,
        "volume": 203839,
        "typical_volume": 214606.2,
        "trend": 136.231669,
        "fair_value": 170.825473,
        "relative_strength": 5.02887,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.652706,
        "energy": 61.397564,
        "activity_lines": [
          149.253331,
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          140.276128,
          136.984704
        ]
      },
      {
        "date": "2026-07-31",
        "close": 181.699997,
        "volume": 542327,
        "typical_volume": 225997.85,
        "trend": 137.261668,
        "fair_value": 170.783059,
        "relative_strength": 21.594768,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.017479,
        "energy": 86.949973,
        "activity_lines": [
          160.67333,
          153.811418,
          144.845413,
          139.918145
        ]
      },
      {
        "date": "2026-08-07",
        "close": 187.600006,
        "volume": 243706,
        "typical_volume": 223276.3,
        "trend": 138.301669,
        "fair_value": 170.766216,
        "relative_strength": 22.879879,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.576805,
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        "activity_lines": [
          171.519999,
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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."
    }
  }
}