{
  "ticker": {
    "uuid": "53c2f76d-3a74-47b7-bd0c-72582961c590",
    "symbol": "PGH",
    "name": "Personal Group Holdings 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": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 55.158,
    "architecture_energy": 42.351,
    "architecture_maturity": 40.11,
    "architecture_confidence": 61.356,
    "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": 29.15,
        "rotation_up": 40.58,
        "upward_expansion": 75.16,
        "deceleration": 70.74,
        "rotation_down": 27.77,
        "downward_expansion": 6.5
      },
      "activity_lines": [
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        373.671455
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
    },
    "latest_close": 394.0,
    "trend_reference": 355.147056,
    "distance_from_trend": 0.1094,
    "trend_direction": "Improving",
    "fair_value": 246.14651,
    "distance_from_fair_value": 0.600673,
    "fair_value_direction": "Weakening",
    "relative_strength": 4.087299,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.180137,
    "excess_performance": 0.113859,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.1094,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.065012,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.600673,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.032131,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.040873,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.05547,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.180137,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.381628,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 122071,
      "relative_activity": 0.443376,
      "balance": 1.381628,
      "dry_up": 0.649818,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.046158,
      "annualized_volatility": 0.296093,
      "from_high_reference": -0.061905,
      "from_low_reference": 0.407735
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    "levels": {
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      "fair_value_reference": 246.14651,
      "structural_low": 279.882235,
      "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": 21,
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        "positive_rate": 0.52381,
        "directional_follow_through": 0.52381,
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        "worst_return": -0.143519,
        "sufficient": true
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      },
      {
        "date": "2026-04-24",
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        "date": "2026-05-01",
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      },
      {
        "date": "2026-05-08",
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      },
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        "date": "2026-05-15",
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      },
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        "date": "2026-05-29",
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      },
      {
        "date": "2026-06-05",
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        "date": "2026-06-12",
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      },
      {
        "date": "2026-06-26",
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        "energy": 43.624542,
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      },
      {
        "date": "2026-07-03",
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        "relative_strength": 4.862385,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
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        "direction": 45.120445,
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        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 297754.9,
        "trend": 344.362709,
        "fair_value": 241.45539,
        "relative_strength": 10.556266,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 55.773104,
        "energy": 43.786651,
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          390.5,
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      },
      {
        "date": "2026-07-17",
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        "volume": 133350,
        "typical_volume": 271895.9,
        "trend": 347.41707,
        "fair_value": 242.685828,
        "relative_strength": 9.865077,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 66.627151,
        "energy": 50.084437,
        "activity_lines": [
          395.0,
          393.809091,
          380.226386,
          365.132631
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      },
      {
        "date": "2026-07-24",
        "close": 395.0,
        "volume": 269042,
        "typical_volume": 278184.2,
        "trend": 349.72164,
        "fair_value": 243.842603,
        "relative_strength": 6.142723,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.221851,
        "energy": 46.635511,
        "activity_lines": [
          396.0,
          393.972727,
          383.379471,
          368.202498
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      },
      {
        "date": "2026-07-31",
        "close": 392.5,
        "volume": 191173,
        "typical_volume": 274767.7,
        "trend": 352.009516,
        "fair_value": 244.989748,
        "relative_strength": 3.992349,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.777624,
        "energy": 45.669575,
        "activity_lines": [
          395.666667,
          393.654545,
          385.893837,
          370.962392
        ]
      },
      {
        "date": "2026-08-07",
        "close": 394.0,
        "volume": 122071,
        "typical_volume": 275321.5,
        "trend": 355.147056,
        "fair_value": 246.14651,
        "relative_strength": 4.087299,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.157624,
        "energy": 42.350943,
        "activity_lines": [
          395.333333,
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          373.671455
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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."
    }
  }
}