{ "ticker": { "uuid": "7a4fa492-555e-4b38-afac-455a476b70a7", "symbol": "WKP", "name": "Workspace 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": 4, "stage_name": "Declining", "phase": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 58.308, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": 9.285, "architecture_energy": 22.649, "architecture_maturity": 8.746, "architecture_confidence": 40.659, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 49.2, "rotation_up": 49.12, "upward_expansion": 38.52, "deceleration": 34.09, "rotation_down": 14.38, "downward_expansion": 42.19 }, "activity_lines": [ 354.48, 345.765413, 341.101357, 347.962465 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 363.2, "trend_reference": 363.227538, "distance_from_trend": -7.6e-05, "trend_direction": "Weakening", "fair_value": 466.05548, "distance_from_fair_value": -0.220694, "fair_value_direction": "Improving", "relative_strength": -11.5697, "relative_strength_direction": "Improving", "price_momentum": -0.121644, "excess_performance": -0.17288, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -7.6e-05, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.046194, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.220694, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.06374, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.115697, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.071165, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.121644, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.517216, "read": "Demand-led" } ], "volume": { "latest": 1099277, "relative_activity": 0.369553, "balance": 1.517216, "dry_up": 0.714297, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.054458, "annualized_volatility": 0.324929, "from_high_reference": -0.163856, "from_low_reference": 0.164103 }, "levels": { "trend_reference": 363.227538, "fair_value_reference": 466.05548, "structural_low": 312.0, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 15, "median_return": -0.004813, "positive_rate": 0.466667, "directional_follow_through": 0.466667, "median_excess_return": -0.001505, "regime_survival": 0.466667, "best_return": 0.161911, "worst_return": -0.068376, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.010002, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": -0.033382, "regime_survival": 0.142857, "best_return": 0.147359, "worst_return": -0.030399, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.005741, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.057946, "regime_survival": 0.2, "best_return": 0.198816, "worst_return": -0.169332, "sufficient": true 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"rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-15", "end": "2024-12-06", "tenure": "New", "return": -0.003663, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-13", "end": "2025-10-31", "tenure": "Extended", "return": -0.189379, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-07", "end": "2025-12-05", "tenure": "Developing", "return": -0.068376, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-12", "end": "2026-01-02", "tenure": "New", "return": 0.038208, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-09", "end": "2026-01-23", "tenure": "New", "return": 0.018051, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-30", "end": "2026-02-06", "tenure": "New", "return": 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468.877409, "relative_strength": -12.957434, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.7688, "energy": 18.477999, "activity_lines": [ 340.78582, 335.177051, 337.687444, 350.285703 ] }, { "date": "2026-07-24", "close": 349.2, "volume": 1648607, "typical_volume": 3170159.85, "trend": 366.407833, "fair_value": 467.886362, "relative_strength": -14.760015, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.296026, "energy": 17.722336, "activity_lines": [ 345.532473, 338.226935, 338.110653, 349.083672 ] }, { "date": "2026-07-31", "close": 350.8, "volume": 1990103, "typical_volume": 3079475.4, "trend": 364.970871, "fair_value": 466.915174, "relative_strength": -14.916024, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.089894, "energy": 16.857927, "activity_lines": [ 348.746667, 341.023098, 338.949577, 348.076715 ] }, { "date": "2026-08-07", "close": 363.2, "volume": 1099277, "typical_volume": 2974609.0, "trend": 363.227538, "fair_value": 466.05548, "relative_strength": -11.5697, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 9.284547, "energy": 22.648889, "activity_lines": [ 354.48, 345.765413, 341.101357, 347.962465 ] } ], "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." } } }