{ "ticker": { "uuid": "77d8ffee-3542-44a3-bd68-ab6ecc0b5b99", "symbol": "ENQ", "name": "EnQuest 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": "Established expansion", "architecture_gate": "up", "architecture_direction": 56.78, "architecture_energy": 44.41, "architecture_maturity": 73.838, "architecture_confidence": 67.082, "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": 21.17, "rotation_up": 50.51, "upward_expansion": 74.36, "deceleration": 69.29, "rotation_down": 20.49, "downward_expansion": 5.7 }, "activity_lines": [ 0.243867, 0.241265, 0.225909, 0.212795 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 0.229, "trend_reference": 0.191051, "distance_from_trend": 0.19863, "trend_direction": "Improving", "fair_value": 0.134194, "distance_from_fair_value": 0.70648, "fair_value_direction": "Improving", "relative_strength": 36.79899, "relative_strength_direction": "Improving", "price_momentum": 0.87171, "excess_performance": 0.820475, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.19863, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.305869, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.70648, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.30446, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.36799, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.064053, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.87171, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.279042, "read": "Demand-led" } ], "volume": { "latest": 44044231, "relative_activity": 1.36784, "balance": 1.279042, "dry_up": 1.199574, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.129919, "annualized_volatility": 0.7595, "from_high_reference": -0.18068, "from_low_reference": 1.457108 }, "levels": { "trend_reference": 0.191051, "fair_value_reference": 0.134194, "structural_low": 0.121552, "invalidation": "A 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"fair_value": 0.132536, "relative_strength": 62.029945, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.479556, "energy": 52.258968, "activity_lines": [ 0.236733, 0.230469, 0.214472, 0.200045 ] }, { "date": "2026-07-24", "close": 0.275, "volume": 40473244, "typical_volume": 35510875.6, "trend": 0.182259, "fair_value": 0.133298, "relative_strength": 69.999051, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.510594, "energy": 59.843089, "activity_lines": [ 0.2503, 0.240225, 0.221279, 0.206409 ] }, { "date": "2026-07-31", "close": 0.239, "volume": 30587250, "typical_volume": 34128456.95, "trend": 0.186761, "fair_value": 0.133802, "relative_strength": 44.539596, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.165568, "energy": 47.943951, "activity_lines": [ 0.2491, 0.242015, 0.224194, 0.21007 ] }, { "date": "2026-08-07", "close": 0.229, "volume": 44044231, "typical_volume": 32199852.0, "trend": 0.191051, "fair_value": 0.134194, "relative_strength": 36.79899, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.779705, "energy": 44.410235, "activity_lines": [ 0.243867, 0.241265, 0.225909, 0.212795 ] } ], "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." } } }