{ "ticker": { "uuid": "5e1cf4d1-35f3-4d72-b6a4-2047e2e74342", "symbol": "SSPG", "name": "SSP 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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "up", "architecture_direction": 86.076, "architecture_energy": 77.032, "architecture_maturity": 23.464, "architecture_confidence": 80.371, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 15.67, "rotation_up": 78.25, "upward_expansion": 91.48, "deceleration": 43.0, "rotation_down": 10.0, "downward_expansion": 15.81 }, "activity_lines": [ 200.3, 194.698182, 185.010446, 183.396976 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 214.2, "trend_reference": 183.344018, "distance_from_trend": 0.168296, "trend_direction": "Improving", "fair_value": 181.985251, "distance_from_fair_value": 0.177018, "fair_value_direction": "Improving", "relative_strength": 12.166861, "relative_strength_direction": "Improving", "price_momentum": 0.149249, "excess_performance": 0.098014, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.168296, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.024327, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.177018, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.319702, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.121669, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.244652, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.149249, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.007672, "read": "Demand-led" } ], "volume": { "latest": 12226401, "relative_activity": 0.783483, "balance": 3.007672, "dry_up": 1.172828, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.056545, "annualized_volatility": 0.395677, "from_high_reference": -0.003721, "from_low_reference": 0.56047 }, "levels": { "trend_reference": 183.344018, "fair_value_reference": 181.985251, "structural_low": 145.581419, "invalidation": "A 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"typical_volume": 15903643.7, "trend": 183.00739, "fair_value": 182.399319, "relative_strength": 1.694245, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.049429, "energy": 44.037852, "activity_lines": [ 190.146667, 185.899722, 179.553591, 180.320404 ] }, { "date": "2026-07-31", "close": 199.3, "volume": 17642204, "typical_volume": 15750956.4, "trend": 182.805734, "fair_value": 182.136841, "relative_strength": 4.836494, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.726987, "energy": 49.795355, "activity_lines": [ 192.973333, 189.263636, 181.62301, 181.37154 ] }, { "date": "2026-08-07", "close": 214.2, "volume": 12226401, "typical_volume": 15605183.7, "trend": 183.344018, "fair_value": 181.985251, "relative_strength": 12.166861, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 86.075584, "energy": 77.032164, "activity_lines": [ 200.3, 194.698182, 185.010446, 183.396976 ] } ], "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." } } }