{ "ticker": { "uuid": "5f989798-6b0d-453d-9d58-c86814c6c73a", "symbol": "ALTA", "name": "Altarea SCA", "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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -39.857, "architecture_energy": 26.879, "architecture_maturity": 67.024, "architecture_confidence": 73.541, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 31.97, "rotation_up": 27.4, "upward_expansion": 20.54, "deceleration": 46.13, "rotation_down": 30.45, "downward_expansion": 59.21 }, "activity_lines": [ 99.473333, 98.826827, 99.573388, 102.626026 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 100.400002, "trend_reference": 106.821636, "distance_from_trend": -0.060115, "trend_direction": "Weakening", "fair_value": 91.336416, "distance_from_fair_value": 0.099233, "fair_value_direction": "Weakening", "relative_strength": -11.196369, "relative_strength_direction": "Weakening", "price_momentum": -0.154882, "excess_performance": -0.208194, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.060115, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.020486, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.099233, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.019816, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.111964, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.050408, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.154882, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.626208, "read": "Demand-led" } ], "volume": { "latest": 26113, "relative_activity": 0.756165, "balance": 1.626208, "dry_up": 0.811648, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.037236, "annualized_volatility": 0.257746, "from_high_reference": -0.235921, "from_low_reference": 0.068857 }, "levels": { "trend_reference": 106.821636, "fair_value_reference": 91.336416, 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"direction": -66.975192, "energy": 53.926296, "activity_lines": [ 98.013335, 98.173346, 101.274799, 104.816771 ] }, { "date": "2026-07-17", "close": 96.900002, "volume": 28673, "typical_volume": 42840.1, "trend": 107.808303, "fair_value": 90.893774, "relative_strength": -11.252594, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.526157, "energy": 49.133079, "activity_lines": [ 97.680002, 97.878218, 100.463613, 104.089569 ] }, { "date": "2026-07-24", "close": 98.199997, "volume": 34142, "typical_volume": 42157.3, "trend": 107.468303, "fair_value": 90.970234, "relative_strength": -10.248114, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.528531, "energy": 47.21701, "activity_lines": [ 97.78, 97.896605, 99.927189, 103.469678 ] }, { "date": "2026-07-31", "close": 101.199997, "volume": 23188, "typical_volume": 40827.95, "trend": 107.208303, "fair_value": 91.163064, "relative_strength": -8.7312, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.353503, "energy": 35.30237, "activity_lines": [ 98.819999, 98.446724, 99.756479, 103.065272 ] }, { "date": "2026-08-07", "close": 100.400002, "volume": 26113, "typical_volume": 34533.45, "trend": 106.821636, "fair_value": 91.336416, "relative_strength": -11.196369, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.857424, "energy": 26.878567, "activity_lines": [ 99.473333, 98.826827, 99.573388, 102.626026 ] } ], "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." } } }