{ "ticker": { "uuid": "7e2b6da1-3159-46b1-8a00-9e1b9ea30a03", "symbol": "PZC", "name": "PZ Cussons 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": 65.01, "architecture_energy": 57.829, "architecture_maturity": 73.971, "architecture_confidence": 86.972, "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": 4.54, "rotation_up": 62.56, "upward_expansion": 85.39, "deceleration": 64.74, "rotation_down": 21.47, "downward_expansion": 9.73 }, "activity_lines": [ 1.076667, 1.057745, 0.979319, 0.929838 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 1.068, "trend_reference": 0.869516, "distance_from_trend": 0.228269, "trend_direction": "Improving", "fair_value": 0.892518, "distance_from_fair_value": 0.196614, "fair_value_direction": "Improving", "relative_strength": 22.829113, "relative_strength_direction": "Improving", "price_momentum": 0.367711, "excess_performance": 0.316475, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.228269, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.129268, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.196614, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.363755, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.228291, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.239691, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.367711, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.833914, "read": "Supply-led" } ], "volume": { "latest": 7682873, "relative_activity": 2.346588, "balance": 0.833914, "dry_up": 1.443325, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.077089, "annualized_volatility": 0.425568, "from_high_reference": -0.063158, "from_low_reference": 0.707652 }, "levels": { "trend_reference": 0.869516, "fair_value_reference": 0.892518, "structural_low": 0.701, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 12, "median_return": -0.001863, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.009795, "regime_survival": 0.666667, "best_return": 0.156841, "worst_return": -0.162093, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.119978, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.134144, "regime_survival": 0.25, "best_return": -0.028636, "worst_return": -0.211671, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.058066, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.166143, "regime_survival": 0.333333, "best_return": 0.065836, "worst_return": -0.249966, "sufficient": false }, { "horizon": "Full cycle", 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"direction": 73.48085, "energy": 86.707143, "activity_lines": [ 1.0552, 1.002982, 0.923352, 0.884168 ] }, { "date": "2026-07-24", "close": 1.066, "volume": 3319931, "typical_volume": 3676781.75, "trend": 0.844005, "fair_value": 0.897095, "relative_strength": 26.151671, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.183124, "energy": 73.207836, "activity_lines": [ 1.060667, 1.023655, 0.942024, 0.899213 ] }, { "date": "2026-07-31", "close": 1.108, "volume": 4250189, "typical_volume": 3362475.65, "trend": 0.857297, "fair_value": 0.895075, "relative_strength": 28.6091, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.88176, "energy": 67.218099, "activity_lines": [ 1.078933, 1.046745, 0.963433, 0.916245 ] }, { "date": "2026-08-07", "close": 1.068, "volume": 7682873, "typical_volume": 3274061.6, "trend": 0.869516, "fair_value": 0.892518, "relative_strength": 22.829113, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.010054, "energy": 57.828824, "activity_lines": [ 1.076667, 1.057745, 0.979319, 0.929838 ] } ], "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." } } }