{
  "ticker": {
    "uuid": "823a3d53-f443-4cc6-8fe2-889b1e10d34f",
    "symbol": "ADVT",
    "name": "AdvancedAdvT Limited",
    "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": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 55.271,
    "architecture_regime": "rotation_up",
    "architecture_regime_label": "Rotation Up",
    "architecture_modifier": "Structural repair",
    "architecture_gate": "mixed",
    "architecture_direction": 34.496,
    "architecture_energy": 49.598,
    "architecture_maturity": 8.198,
    "architecture_confidence": 71.478,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating upward.",
        "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair."
      },
      "scores": {
        "balance": 30.89,
        "rotation_up": 67.98,
        "upward_expansion": 50.36,
        "deceleration": 20.32,
        "rotation_down": 14.5,
        "downward_expansion": 23.02
      },
      "activity_lines": [
        169.5,
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        161.321429,
        161.38172
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 175.0,
    "trend_reference": 162.416667,
    "distance_from_trend": 0.077476,
    "trend_direction": "Weakening",
    "fair_value": 140.086538,
    "distance_from_fair_value": 0.249228,
    "fair_value_direction": "Improving",
    "relative_strength": -6.611687,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.060606,
    "excess_performance": 0.009371,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.077476,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.03112,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.249228,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.047668,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.066117,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.074345,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.060606,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 9.510003,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1012268,
      "relative_activity": 0.966285,
      "balance": 9.510003,
      "dry_up": 0.790071,
      "accumulation_observations": 1,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.059013,
      "annualized_volatility": 0.199207,
      "from_high_reference": -0.186047,
      "from_low_reference": 0.258993
    },
    "levels": {
      "trend_reference": 162.416667,
      "fair_value_reference": 140.086538,
      "structural_low": 139.0,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 3,
        "median_return": 0.027875,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.027229,
        "regime_survival": 0.333333,
        "best_return": 0.084746,
        "worst_return": 0.0,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": 0.094512,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.108171,
        "regime_survival": 0.0,
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        "worst_return": -0.02439,
        "sufficient": false
      },
      {
        "horizon": "Extended",
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        "median_return": 0.453833,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.364019,
        "regime_survival": 0.0,
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        "sufficient": false
      },
      {
        "horizon": "Full cycle",
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        "directional_follow_through": 1.0,
        "median_excess_return": 0.308774,
        "regime_survival": 0.5,
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        "worst_return": 0.1777,
        "sufficient": false
      }
    ],
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        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-06-30",
        "end": "2024-08-16",
        "tenure": "Extended",
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        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-10-25",
        "end": "2024-11-15",
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        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "tenure": "New",
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        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "tenure": "Developing",
        "return": 0.027875,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2025-04-04",
        "tenure": "Developing",
        "return": -0.066667,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "tenure": "Developing",
        "return": 0.133333,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "start": "2025-06-13",
        "end": "2025-09-12",
        "tenure": "Established",
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        "active": false
      },
      {
        "regime": "deceleration",
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        "color": "amber",
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        "tenure": "Established",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "end": "2026-04-03",
        "tenure": "Established",
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        "active": false
      },
      {
        "regime": "balance",
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      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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      {
        "regime": "balance",
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      {
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        "active": true
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    ],
    "chart_path": [
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        "gate": "down",
        "direction": -62.222081,
        "energy": 54.201857,
        "activity_lines": [
          155.833333,
          159.5,
          161.25,
          163.564516
        ]
      },
      {
        "date": "2026-06-05",
        "close": 155.0,
        "volume": 50648,
        "typical_volume": 1329276.95,
        "trend": 166.466667,
        "fair_value": 135.038462,
        "relative_strength": -16.799976,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.264704,
        "energy": 52.685179,
        "activity_lines": [
          155.166667,
          158.227273,
          160.464286,
          162.749462
        ]
      },
      {
        "date": "2026-06-12",
        "close": 155.0,
        "volume": 231288,
        "typical_volume": 1258625.9,
        "trend": 165.466667,
        "fair_value": 135.522436,
        "relative_strength": -17.230363,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.283169,
        "energy": 46.065755,
        "activity_lines": [
          154.833333,
          157.136364,
          159.75,
          162.009677
        ]
      },
      {
        "date": "2026-06-19",
        "close": 155.0,
        "volume": 61503,
        "typical_volume": 1247457.65,
        "trend": 164.716667,
        "fair_value": 136.028846,
        "relative_strength": -16.031743,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.601438,
        "energy": 40.967453,
        "activity_lines": [
          154.833333,
          156.227273,
          159.154762,
          161.334409
        ]
      },
      {
        "date": "2026-06-26",
        "close": 155.0,
        "volume": 492340,
        "typical_volume": 1188017.4,
        "trend": 164.05,
        "fair_value": 136.535256,
        "relative_strength": -16.721115,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.680354,
        "energy": 30.132279,
        "activity_lines": [
          154.833333,
          155.590909,
          158.690476,
          160.707527
        ]
      },
      {
        "date": "2026-07-03",
        "close": 155.0,
        "volume": 83025,
        "typical_volume": 1149192.95,
        "trend": 163.383333,
        "fair_value": 137.048077,
        "relative_strength": -17.67585,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.292982,
        "energy": 27.355306,
        "activity_lines": [
          155.0,
          155.227273,
          158.27381,
          160.123656
        ]
      },
      {
        "date": "2026-07-10",
        "close": 157.5,
        "volume": 429190,
        "typical_volume": 1125345.35,
        "trend": 162.8,
        "fair_value": 137.596154,
        "relative_strength": -14.60849,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.792421,
        "energy": 19.954853,
        "activity_lines": [
          155.833333,
          155.5,
          158.107143,
          159.744086
        ]
      },
      {
        "date": "2026-07-17",
        "close": 160.0,
        "volume": 550543,
        "typical_volume": 1068298.8,
        "trend": 162.3,
        "fair_value": 138.160256,
        "relative_strength": -13.726677,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -28.413829,
        "energy": 13.140189,
        "activity_lines": [
          157.333333,
          156.272727,
          158.142857,
          159.563441
        ]
      },
      {
        "date": "2026-07-24",
        "close": 170.0,
        "volume": 841841,
        "typical_volume": 1059668.9,
        "trend": 162.3,
        "fair_value": 138.788462,
        "relative_strength": -8.969757,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -2.07316,
        "energy": 10.694553,
        "activity_lines": [
          161.833333,
          158.863636,
          159.083333,
          160.060215
        ]
      },
      {
        "date": "2026-07-31",
        "close": 170.0,
        "volume": 906024,
        "typical_volume": 1054125.85,
        "trend": 162.216667,
        "fair_value": 139.416667,
        "relative_strength": -9.500353,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 26.76619,
        "energy": 29.167696,
        "activity_lines": [
          165.333333,
          161.181818,
          159.97619,
          160.556989
        ]
      },
      {
        "date": "2026-08-07",
        "close": 175.0,
        "volume": 1012268,
        "typical_volume": 1047587.95,
        "trend": 162.416667,
        "fair_value": 140.086538,
        "relative_strength": -6.611687,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 34.496237,
        "energy": 49.597629,
        "activity_lines": [
          169.5,
          164.181818,
          161.321429,
          161.38172
        ]
      }
    ],
    "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."
    }
  }
}