{
  "ticker": {
    "uuid": "69ff870e-d66c-4bbf-bb65-faa8c1d96ea6",
    "symbol": "RFX",
    "name": "Ramsdens 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": "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": 71.601,
    "architecture_energy": 89.443,
    "architecture_maturity": 46.0,
    "architecture_confidence": 77.937,
    "architecture_tenure": "Established",
    "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": 0.0,
        "rotation_up": 84.6,
        "upward_expansion": 99.76,
        "deceleration": 39.08,
        "rotation_down": 8.47,
        "downward_expansion": 21.76
      },
      "activity_lines": [
        659.6,
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 662.0,
    "trend_reference": 462.936281,
    "distance_from_trend": 0.430002,
    "trend_direction": "Improving",
    "fair_value": 289.45597,
    "distance_from_fair_value": 1.287049,
    "fair_value_direction": "Improving",
    "relative_strength": 47.723789,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.687041,
    "excess_performance": 0.635806,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.430002,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.194447,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 1.287049,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.600477,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.477238,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.310079,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.687041,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.657577,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 423089,
      "relative_activity": 0.722959,
      "balance": 0.657577,
      "dry_up": 1.392639,
      "accumulation_observations": 1,
      "distribution_observations": 1
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    "risk": {
      "range_context": 0.054137,
      "annualized_volatility": 0.510419,
      "from_high_reference": -0.026471,
      "from_low_reference": 1.102107
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    "levels": {
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      "fair_value_reference": 289.45597,
      "structural_low": 335.0,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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        "horizon": "Near term",
        "sample_count": 35,
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        "positive_rate": 0.514286,
        "directional_follow_through": 0.514286,
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        "worst_return": -0.139535,
        "sufficient": true
      },
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        "horizon": "Intermediate",
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        "sufficient": true
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        "horizon": "Extended",
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        "regime": "balance",
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 600133.85,
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        "activity_lines": [
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 611301.1,
        "trend": 443.730085,
        "fair_value": 284.022286,
        "relative_strength": 54.513924,
        "stage": 2,
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        "direction": 86.194264,
        "energy": 95.002634,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 666.0,
        "volume": 679001,
        "typical_volume": 615800.75,
        "trend": 453.766426,
        "fair_value": 286.732744,
        "relative_strength": 50.785399,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.887575,
        "energy": 92.249136,
        "activity_lines": [
          651.066667,
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      },
      {
        "date": "2026-08-07",
        "close": 662.0,
        "volume": 423089,
        "typical_volume": 585218.7,
        "trend": 462.936281,
        "fair_value": 289.45597,
        "relative_strength": 47.723789,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.600931,
        "energy": 89.443367,
        "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."
    }
  }
}