{ "ticker": { "uuid": "5e53113f-8992-4cc3-8736-0f4675a693c9", "symbol": "MMT", "name": "M\u00e9tropole T\u00e9l\u00e9vision S.A.", "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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 90.304, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 39.697, "architecture_energy": 24.873, "architecture_maturity": 47.564, "architecture_confidence": 83.55, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 36.76, "rotation_up": 30.82, "upward_expansion": 62.88, "deceleration": 87.56, "rotation_down": 26.54, "downward_expansion": 15.22 }, "activity_lines": [ 12.029333, 12.094182, 11.928084, 11.651217 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 12.0, "trend_reference": 11.311021, "distance_from_trend": 0.060912, "trend_direction": "Improving", "fair_value": 10.540161, "distance_from_fair_value": 0.138503, "fair_value_direction": "Improving", "relative_strength": -0.708329, "relative_strength_direction": "Weakening", "price_momentum": 0.099236, "excess_performance": 0.045925, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.060912, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.034876, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.138503, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.032412, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.007083, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.015884, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.099236, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.25007, "read": "Demand-led" } ], "volume": { "latest": 402456, "relative_activity": 0.690871, "balance": 1.25007, "dry_up": 0.840295, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.042692, "annualized_volatility": 0.218287, "from_high_reference": -0.052133, "from_low_reference": 0.20497 }, "levels": { "trend_reference": 11.311021, "fair_value_reference": 10.540161, "structural_low": 9.958752, "invalidation": "A 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"relative_strength": 2.470843, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.299563, "energy": 40.477034, "activity_lines": [ 12.117333, 12.072364, 11.776206, 11.495229 ] }, { "date": "2026-07-24", "close": 11.94, "volume": 487646, "typical_volume": 624541.95, "trend": 11.232196, "fair_value": 10.509065, "relative_strength": 2.508119, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.713143, "energy": 32.583336, "activity_lines": [ 12.033333, 12.069455, 11.824685, 11.543289 ] }, { "date": "2026-07-31", "close": 12.18, "volume": 610040, "typical_volume": 605952.5, "trend": 11.27491, "fair_value": 10.52519, "relative_strength": 3.021891, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.724496, "energy": 28.447856, "activity_lines": [ 12.070667, 12.104364, 11.888824, 11.604437 ] }, { "date": "2026-08-07", "close": 12.0, "volume": 402456, "typical_volume": 582533.8, "trend": 11.311021, "fair_value": 10.540161, "relative_strength": -0.708329, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.697161, "energy": 24.873081, "activity_lines": [ 12.029333, 12.094182, 11.928084, 11.651217 ] } ], "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." } } }