{
  "ticker": {
    "uuid": "7cb5a12c-939a-4755-ac9c-97cd3218c0d1",
    "symbol": "VID",
    "name": "Videndum 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": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -67.62,
    "architecture_energy": 68.652,
    "architecture_maturity": 100.0,
    "architecture_confidence": 96,
    "architecture_tenure": "Extended",
    "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": 7.88,
        "rotation_up": 30.0,
        "upward_expansion": 12.0,
        "deceleration": 61.0,
        "rotation_down": 56.88,
        "downward_expansion": 85.33
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      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.666667
    },
    "latest_close": 2.3,
    "trend_reference": 828.618,
    "distance_from_trend": -0.997224,
    "trend_direction": "Weakening",
    "fair_value": 34915.759872,
    "distance_from_fair_value": -0.999934,
    "fair_value_direction": "Weakening",
    "relative_strength": -99.94827,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.99908,
    "excess_performance": -1.065359,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.997224,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.711998,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.999934,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.008777,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.999483,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.043768,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.99908,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.431345,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 878047,
      "relative_activity": 5.851967,
      "balance": 0.431345,
      "dry_up": 3.525547,
      "accumulation_observations": 1,
      "distribution_observations": 2
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    "risk": {
      "range_context": 16.246856,
      "annualized_volatility": 6.694134,
      "from_high_reference": -0.999896,
      "from_low_reference": 0.069767
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    "levels": {
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      "structural_low": 2.15,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
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    "outcomes": [
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        "sample_count": 45,
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        "positive_rate": 0.333333,
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        "sufficient": true
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      },
      {
        "date": "2026-07-24",
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        "fair_value": 36397.780385,
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      },
      {
        "date": "2026-07-31",
        "close": 2.5,
        "volume": 522019,
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        "trend": 901.874666,
        "fair_value": 35628.565641,
        "relative_strength": -99.949105,
        "stage": 4,
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        "gate": "down",
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        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 2.3,
        "volume": 878047,
        "typical_volume": 150043.05,
        "trend": 828.618,
        "fair_value": 34915.759872,
        "relative_strength": -99.94827,
        "stage": 4,
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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."
    }
  }
}