{ "ticker": { "uuid": "7e2bc3de-7fae-455c-84d2-511196851a57", "symbol": "RMS", "name": "Herm\u00e8s International Soci\u00e9t\u00e9 en commandite par actions", "exchange": "PAR", "country": "FR", "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": "^FCHI", "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": -50.728, "architecture_energy": 31.059, "architecture_maturity": 55.048, "architecture_confidence": 90.117, "architecture_tenure": "Established", "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": 36.17, "rotation_up": 20.48, "upward_expansion": 3.08, "deceleration": 52.3, "rotation_down": 48.91, "downward_expansion": 76.41 }, "activity_lines": [ 1616.266667, 1632.781818, 1638.624828, 1676.257452 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 1635.5, "trend_reference": 1762.505505, "distance_from_trend": -0.07206, "trend_direction": "Weakening", "fair_value": 2056.071569, "distance_from_fair_value": -0.204551, "fair_value_direction": "Weakening", "relative_strength": -19.822211, "relative_strength_direction": "Improving", "price_momentum": -0.196117, "excess_performance": -0.249428, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.07206, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.080098, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.204551, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.004127, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.198222, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.012668, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.196117, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.689752, "read": "Demand-led" } ], "volume": { "latest": 456692, "relative_activity": 1.155106, "balance": 1.689752, "dry_up": 1.21801, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.065047, "annualized_volatility": 0.309712, "from_high_reference": -0.281748, "from_low_reference": 0.116001 }, "levels": { "trend_reference": 1762.505505, "fair_value_reference": 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"energy": 24.87005, "activity_lines": [ 1651.433333, 1655.118182, 1651.842461, 1702.813596 ] }, { "date": "2026-07-31", "close": 1533.5, "volume": 783941, "typical_volume": 405724.0, "trend": 1781.151607, "fair_value": 2057.541321, "relative_strength": -23.528155, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.261775, "energy": 39.086554, "activity_lines": [ 1613.766667, 1634.027273, 1639.602351, 1685.65433 ] }, { "date": "2026-08-07", "close": 1635.5, "volume": 456692, "typical_volume": 395367.9, "trend": 1762.505505, "fair_value": 2056.071569, "relative_strength": -19.822211, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.727631, "energy": 31.058936, "activity_lines": [ 1616.266667, 1632.781818, 1638.624828, 1676.257452 ] } ], "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." } } }