{ "ticker": { "uuid": "7c5d4434-cb33-419d-a250-e97414497cd8", "symbol": "CBG", "name": "Close Brothers 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": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -51.524, "architecture_energy": 36.659, "architecture_maturity": 8.986, "architecture_confidence": 90.397, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 34.88, "rotation_up": 15.51, "upward_expansion": 5.19, "deceleration": 45.39, "rotation_down": 52.21, "downward_expansion": 76.19 }, "activity_lines": [ 424.066667, 427.901818, 437.079047, 438.690322 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 433.2, "trend_reference": 449.996666, "distance_from_trend": -0.037326, "trend_direction": "Weakening", "fair_value": 465.819267, "distance_from_fair_value": -0.070026, "fair_value_direction": "Improving", "relative_strength": -13.031787, "relative_strength_direction": "Weakening", "price_momentum": -0.164513, "excess_performance": -0.215748, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.037326, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.025165, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.070026, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.002517, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.130318, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.121155, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.164513, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.366601, "read": "Demand-led" } ], "volume": { "latest": 3090562, "relative_activity": 1.322494, "balance": 1.366601, "dry_up": 1.312987, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.065412, "annualized_volatility": 0.519815, "from_high_reference": -0.231233, "from_low_reference": 0.360553 }, "levels": { "trend_reference": 449.996666, "fair_value_reference": 465.819267, 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"activity_lines": [ 423.24, 434.98909, 438.942856, 444.422795 ] }, { "date": "2026-07-24", "close": 420.8, "volume": 1736611, "typical_volume": 2501418.8, "trend": 456.169999, "fair_value": 471.205652, "relative_strength": -15.134047, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.207329, "energy": 57.704039, "activity_lines": [ 419.72, 431.094545, 437.756189, 441.928601 ] }, { "date": "2026-07-31", "close": 425.6, "volume": 3499885, "typical_volume": 2589070.2, "trend": 452.823333, "fair_value": 468.327931, "relative_strength": -15.041257, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.032898, "energy": 55.998152, "activity_lines": [ 419.986667, 428.454545, 437.079999, 439.956343 ] }, { "date": "2026-08-07", "close": 433.2, "volume": 3090562, "typical_volume": 2336920.0, "trend": 449.996666, "fair_value": 465.819267, "relative_strength": -13.031787, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.523666, "energy": 36.659468, "activity_lines": [ 424.066667, 427.901818, 437.079047, 438.690322 ] } ], "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." } } }