{
  "ticker": {
    "uuid": "7672bb64-9d30-4ba6-9135-134535425df3",
    "symbol": "CURY",
    "name": "Currys 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": "2a",
    "phase_label": "Stage 2A \u00b7 Early 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": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 65.212,
    "architecture_energy": 58.289,
    "architecture_maturity": 28.635,
    "architecture_confidence": 89.858,
    "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": 6.1,
        "rotation_up": 64.73,
        "upward_expansion": 85.44,
        "deceleration": 54.19,
        "rotation_down": 19.59,
        "downward_expansion": 9.77
      },
      "activity_lines": [
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        148.922581
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      "activity_state": "Wide",
      "activity_direction": "Stable",
      "rotation_direction": "Stable",
      "price_acceptance": 0.833333
    },
    "latest_close": 162.0,
    "trend_reference": 144.733333,
    "distance_from_trend": 0.1193,
    "trend_direction": "Improving",
    "fair_value": 97.629758,
    "distance_from_fair_value": 0.65933,
    "fair_value_direction": "Improving",
    "relative_strength": 7.913721,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.109589,
    "excess_performance": 0.04331,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.1193,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.070927,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.65933,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.223623,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.079137,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.153369,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.109589,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 4.228371,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 9654180,
      "relative_activity": 0.517436,
      "balance": 4.228371,
      "dry_up": 1.515505,
      "accumulation_observations": 4,
      "distribution_observations": 1
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    "risk": {
      "range_context": 0.050783,
      "annualized_volatility": 0.384112,
      "from_high_reference": -0.044248,
      "from_low_reference": 0.528392
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    "levels": {
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      "fair_value_reference": 97.629758,
      "structural_low": 116.699997,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 25,
        "median_return": 0.006233,
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        "directional_follow_through": 0.52,
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      },
      {
        "date": "2026-04-17",
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      },
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      },
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        "date": "2026-06-05",
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      },
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      },
      {
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      },
      {
        "date": "2026-07-03",
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      {
        "date": "2026-07-10",
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 17261708.75,
        "trend": 141.036162,
        "fair_value": 95.490457,
        "relative_strength": 10.928444,
        "stage": 2,
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        "modifier": "Re-accelerating",
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        "direction": 70.61103,
        "energy": 81.430984,
        "activity_lines": [
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      },
      {
        "date": "2026-07-24",
        "close": 164.3,
        "volume": 12159913,
        "typical_volume": 16353953.05,
        "trend": 142.19975,
        "fair_value": 96.195332,
        "relative_strength": 11.972794,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.595178,
        "energy": 80.272881,
        "activity_lines": [
          161.346667,
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          148.98,
          146.074607
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      },
      {
        "date": "2026-07-31",
        "close": 167.9,
        "volume": 72167253,
        "typical_volume": 19444537.5,
        "trend": 143.556667,
        "fair_value": 96.925207,
        "relative_strength": 12.58728,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.725027,
        "energy": 79.872421,
        "activity_lines": [
          163.766667,
          160.52,
          151.375238,
          147.732688
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      },
      {
        "date": "2026-08-07",
        "close": 162.0,
        "volume": 9654180,
        "typical_volume": 18657714.6,
        "trend": 144.733333,
        "fair_value": 97.629758,
        "relative_strength": 7.913721,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.211586,
        "energy": 58.289383,
        "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."
    }
  }
}