{
  "ticker": {
    "uuid": "60c6f404-7b77-4384-b555-b26764db8e4b",
    "symbol": "TRST",
    "name": "Trustpilot 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": "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": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 78.53,
    "architecture_energy": 53.023,
    "architecture_maturity": 35.228,
    "architecture_confidence": 77.866,
    "architecture_tenure": "Developing",
    "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": 15.03,
        "rotation_up": 66.57,
        "upward_expansion": 82.13,
        "deceleration": 56.92,
        "rotation_down": 17.42,
        "downward_expansion": 6.47
      },
      "activity_lines": [
        276.066667,
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        244.39699
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 298.2,
    "trend_reference": 225.326668,
    "distance_from_trend": 0.323412,
    "trend_direction": "Improving",
    "fair_value": 210.650962,
    "distance_from_fair_value": 0.415612,
    "fair_value_direction": "Improving",
    "relative_strength": 30.072073,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.913992,
    "excess_performance": 0.862757,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.323412,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.156114,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.415612,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.096205,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.300721,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.138003,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.913992,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.551717,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 6000094,
      "relative_activity": 0.788798,
      "balance": 0.551717,
      "dry_up": 0.892387,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.089577,
      "annualized_volatility": 0.682987,
      "from_high_reference": -0.005337,
      "from_low_reference": 1.37799
    },
    "levels": {
      "trend_reference": 225.326668,
      "fair_value_reference": 210.650962,
      "structural_low": 131.0,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 21,
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        "positive_rate": 0.619048,
        "directional_follow_through": 0.619048,
        "median_excess_return": 0.029521,
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        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "worst_return": -0.260584,
        "sufficient": true
      },
      {
        "horizon": "Extended",
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        "horizon": "Full cycle",
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      },
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
        "close": 270.6,
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        "typical_volume": 9220886.15,
        "trend": 221.600001,
        "fair_value": 209.280129,
        "relative_strength": 18.630289,
        "stage": 2,
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        "modifier": "Re-accelerating",
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        "direction": 62.530517,
        "energy": 45.023855,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 298.2,
        "volume": 6000094,
        "typical_volume": 7606627.8,
        "trend": 225.326668,
        "fair_value": 210.650962,
        "relative_strength": 30.072073,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
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        "direction": 78.529946,
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        "activity_lines": [
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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."
    }
  }
}