{ "ticker": { "uuid": "7aa17975-dde1-4419-afb0-f09168c7c1bb", "symbol": "SPI", "name": "Spire Healthcare 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": "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": "Early expansion", "architecture_gate": "up", "architecture_direction": 72.102, "architecture_energy": 64.295, "architecture_maturity": 35.104, "architecture_confidence": 91.588, "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": 16.56, "rotation_up": 59.98, "upward_expansion": 85.48, "deceleration": 52.1, "rotation_down": 22.24, "downward_expansion": 12.14 }, "activity_lines": [ 228.566667, 224.063636, 213.917028, 205.005071 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 234.0, "trend_reference": 197.039304, "distance_from_trend": 0.18758, "trend_direction": "Improving", "fair_value": 218.201343, "distance_from_fair_value": 0.072404, "fair_value_direction": "Improving", "relative_strength": 5.359579, "relative_strength_direction": "Improving", "price_momentum": 0.147137, "excess_performance": 0.095901, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.18758, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.051428, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.072404, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.364532, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.053596, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.338237, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.147137, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.72348, "read": "Demand-led" } ], "volume": { "latest": 12398169, "relative_activity": 1.3365, "balance": 1.72348, "dry_up": 0.784814, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.060194, "annualized_volatility": 0.712853, "from_high_reference": -0.087657, "from_low_reference": 0.662045 }, "levels": { "trend_reference": 197.039304, "fair_value_reference": 218.201343, "structural_low": 140.790446, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 17, "median_return": -0.037199, "positive_rate": 0.352941, "directional_follow_through": 0.352941, "median_excess_return": -0.029187, "regime_survival": 0.470588, "best_return": 0.064935, "worst_return": -0.112766, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.012277, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.024397, "regime_survival": 0.125, "best_return": 0.053613, "worst_return": -0.137525, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.051422, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.016691, "regime_survival": 0.166667, "best_return": 0.09628, "worst_return": -0.102161, "sufficient": true }, { "horizon": 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"date": "2026-07-24", "close": 224.0, "volume": 3587063, "typical_volume": 9011886.65, "trend": 192.888527, "fair_value": 218.005092, "relative_strength": 2.030917, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.998529, "energy": 50.613393, "activity_lines": [ 219.766667, 218.9, 206.553616, 199.871358 ] }, { "date": "2026-07-31", "close": 233.5, "volume": 8797401, "typical_volume": 9212392.3, "trend": 195.03891, "fair_value": 218.127249, "relative_strength": 5.243556, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.065983, "energy": 56.543314, "activity_lines": [ 224.633333, 221.536364, 210.329875, 202.491453 ] }, { "date": "2026-08-07", "close": 234.0, "volume": 12398169, "typical_volume": 9276595.6, "trend": 197.039304, "fair_value": 218.201343, "relative_strength": 5.359579, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.102293, "energy": 64.29494, "activity_lines": [ 228.566667, 224.063636, 213.917028, 205.005071 ] } ], "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." } } }