{
  "ticker": {
    "uuid": "7711a199-9c1f-45d6-8c60-f5ede99005ca",
    "symbol": "SBRE",
    "name": "Sabre Insurance 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": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "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": 63.312,
    "architecture_energy": 55.725,
    "architecture_maturity": 32.753,
    "architecture_confidence": 89.511,
    "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": 8.05,
        "rotation_up": 61.13,
        "upward_expansion": 82.24,
        "deceleration": 59.79,
        "rotation_down": 19.71,
        "downward_expansion": 8.9
      },
      "activity_lines": [
        181.733333,
        179.450909,
        170.793364,
        164.756313
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Stable",
      "price_acceptance": 0.666667
    },
    "latest_close": 176.2,
    "trend_reference": 155.558705,
    "distance_from_trend": 0.132691,
    "trend_direction": "Improving",
    "fair_value": 146.505304,
    "distance_from_fair_value": 0.202687,
    "fair_value_direction": "Improving",
    "relative_strength": 11.184925,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.345871,
    "excess_performance": 0.294636,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.132691,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.112519,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.202687,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.164852,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.111849,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.107269,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.345871,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.40271,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 3266995,
      "relative_activity": 0.915069,
      "balance": 1.40271,
      "dry_up": 0.97625,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.059019,
      "annualized_volatility": 0.327018,
      "from_high_reference": -0.066737,
      "from_low_reference": 0.433407
    },
    "levels": {
      "trend_reference": 155.558705,
      "fair_value_reference": 146.505304,
      "structural_low": 128.12065,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 18,
        "median_return": 0.012729,
        "positive_rate": 0.555556,
        "directional_follow_through": 0.555556,
        "median_excess_return": -0.001788,
        "regime_survival": 0.611111,
        "best_return": 0.15444,
        "worst_return": -0.106145,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
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        "positive_rate": 0.571429,
        "directional_follow_through": 0.571429,
        "median_excess_return": 0.026738,
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        "worst_return": -0.134418,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
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        "directional_follow_through": 0.4,
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        "worst_return": -0.58147,
        "sufficient": true
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      {
        "horizon": "Full cycle",
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        "worst_return": -0.475315,
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      },
      {
        "regime": "downward_expansion",
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        "color": "red",
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        "active": false
      },
      {
        "regime": "balance",
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      },
      {
        "date": "2026-07-17",
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 3982191.95,
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        "fair_value": 146.098419,
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        "modifier": "Re-accelerating",
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      },
      {
        "date": "2026-07-31",
        "close": 182.6,
        "volume": 3713503,
        "typical_volume": 3760432.65,
        "trend": 154.102636,
        "fair_value": 146.341562,
        "relative_strength": 15.505189,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.843963,
        "energy": 81.882948,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 176.2,
        "volume": 3266995,
        "typical_volume": 3570218.75,
        "trend": 155.558705,
        "fair_value": 146.505304,
        "relative_strength": 11.184925,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.312118,
        "energy": 55.724633,
        "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."
    }
  }
}