{ "ticker": { "uuid": "6a11eda2-b956-41c4-b453-cf112b4d053c", "symbol": "BVI", "name": "Bureau Veritas SA", "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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 83.568, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "up", "architecture_direction": 77.19, "architecture_energy": 74.487, "architecture_maturity": 13.7, "architecture_confidence": 74.876, "architecture_tenure": "New", "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": 16.99, "rotation_up": 76.57, "upward_expansion": 91.49, "deceleration": 42.19, "rotation_down": 9.7, "downward_expansion": 15.83 }, "activity_lines": [ 27.745334, 27.277091, 26.669353, 26.545049 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 28.360001, "trend_reference": 26.473863, "distance_from_trend": 0.071245, "trend_direction": "Improving", "fair_value": 25.517059, "distance_from_fair_value": 0.111413, "fair_value_direction": "Improving", "relative_strength": 0.579962, "relative_strength_direction": "Improving", "price_momentum": 0.050018, "excess_performance": -0.003293, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.071245, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.006764, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.111413, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.117541, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.0058, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.077296, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.050018, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.021202, "read": "Demand-led" } ], "volume": { "latest": 4638953, "relative_activity": 1.081652, "balance": 5.021202, "dry_up": 1.156409, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.035187, "annualized_volatility": 0.265978, "from_high_reference": -0.060305, "from_low_reference": 0.194407 }, "levels": { "trend_reference": 26.473863, "fair_value_reference": 25.517059, "structural_low": 23.744008, "invalidation": "A sustained 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"2026-07-10", "close": 27.200001, "volume": 3429064, "typical_volume": 4502987.5, "trend": 26.293092, "fair_value": 25.38361, "relative_strength": 0.495703, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 20.752531, "energy": 30.113175, "activity_lines": [ 26.709334, 26.305556, 26.112086, 26.209701 ] }, { "date": "2026-07-17", "close": 27.4, "volume": 3360702, "typical_volume": 4294243.65, "trend": 26.331239, "fair_value": 25.420774, "relative_strength": 1.335262, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.471369, "energy": 47.563085, "activity_lines": [ 27.043334, 26.557454, 26.222711, 26.281114 ] }, { "date": "2026-07-24", "close": 26.98, "volume": 4547544, "typical_volume": 4240637.15, "trend": 26.356674, "fair_value": 25.44711, "relative_strength": -0.506093, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.858618, "energy": 55.263727, "activity_lines": [ 27.108, 26.68882, 26.298191, 26.32297 ] }, { "date": "2026-07-31", "close": 27.860001, "volume": 7291087, "typical_volume": 4366189.05, "trend": 26.421103, "fair_value": 25.480249, "relative_strength": 1.147165, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.961861, "energy": 59.80323, "activity_lines": [ 27.401334, 26.954546, 26.461483, 26.419959 ] }, { "date": "2026-08-07", "close": 28.360001, "volume": 4638953, "typical_volume": 4288768.3, "trend": 26.473863, "fair_value": 25.517059, "relative_strength": 0.579962, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 77.189737, "energy": 74.486856, "activity_lines": [ 27.745334, 27.277091, 26.669353, 26.545049 ] } ], "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." } } }