{
  "ticker": {
    "uuid": "8b417ec6-98b4-4eb6-b682-a7075cf02aaa",
    "symbol": "SEJ1",
    "name": "Safran SA",
    "exchange": "GER",
    "country": "DE",
    "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": "^GDAXI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 77.222,
    "architecture_energy": 56.193,
    "architecture_maturity": 24.343,
    "architecture_confidence": 88.991,
    "architecture_tenure": "Developing",
    "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": 21.45,
        "rotation_up": 57.34,
        "upward_expansion": 79.5,
        "deceleration": 58.62,
        "rotation_down": 21.04,
        "downward_expansion": 8.5
      },
      "activity_lines": [
        342.013337,
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        321.765306,
        315.097266
      ],
      "activity_state": "Wide",
      "activity_direction": "Stable",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 356.600006,
    "trend_reference": 310.739047,
    "distance_from_trend": 0.147587,
    "trend_direction": "Improving",
    "fair_value": 235.907796,
    "distance_from_fair_value": 0.511608,
    "fair_value_direction": "Improving",
    "relative_strength": 8.756027,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.176134,
    "excess_performance": 0.111494,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.147587,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.039094,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.511608,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.22421,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.08756,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.119327,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.176134,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.633436,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 2847,
      "relative_activity": 1.033882,
      "balance": 1.633436,
      "dry_up": 0.903421,
      "accumulation_observations": 4,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.051963,
      "annualized_volatility": 0.416196,
      "from_high_reference": -0.012735,
      "from_low_reference": 0.366955
    },
    "levels": {
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      "fair_value_reference": 235.907796,
      "structural_low": 260.871799,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 42,
        "median_return": 0.024219,
        "positive_rate": 0.738095,
        "directional_follow_through": 0.738095,
        "median_excess_return": 0.016178,
        "regime_survival": 0.833333,
        "best_return": 0.126685,
        "worst_return": -0.155255,
        "sufficient": true
      },
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        "horizon": "Intermediate",
        "sample_count": 15,
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        "worst_return": -0.174341,
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        "horizon": "Extended",
        "sample_count": 8,
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        "horizon": "Full cycle",
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        "worst_return": 0.164357,
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        "regime": "rotation_down",
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      {
        "regime": "balance",
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      },
      {
        "date": "2026-05-01",
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        "typical_volume": 2429.55,
        "trend": 300.651951,
        "fair_value": 219.496679,
        "relative_strength": -7.104384,
        "stage": 4,
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        "modifier": "Structural failure",
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      },
      {
        "date": "2026-05-08",
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      },
      {
        "date": "2026-05-15",
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        "relative_strength": -6.256418,
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        "activity_lines": [
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      },
      {
        "date": "2026-05-22",
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        "typical_volume": 3067.85,
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      },
      {
        "date": "2026-05-29",
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      },
      {
        "date": "2026-06-05",
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        "typical_volume": 3027.4,
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        "relative_strength": -0.039353,
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      },
      {
        "date": "2026-06-12",
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        "relative_strength": 2.083719,
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        "modifier": "Balance after decline",
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      },
      {
        "date": "2026-06-19",
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        "relative_strength": 8.495606,
        "stage": 3,
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        "modifier": "Balance after decline",
        "gate": "mixed",
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        "activity_lines": [
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      },
      {
        "date": "2026-06-26",
        "close": 333.700012,
        "volume": 928,
        "typical_volume": 2857.5,
        "trend": 302.349643,
        "fair_value": 228.064625,
        "relative_strength": 10.438345,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 37.952294,
        "energy": 57.050599,
        "activity_lines": [
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      },
      {
        "date": "2026-07-03",
        "close": 356.899994,
        "volume": 678,
        "typical_volume": 2746.4,
        "trend": 304.59135,
        "fair_value": 229.5162,
        "relative_strength": 12.565237,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 86.158882,
        "energy": 82.918876,
        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
        "close": 336.0,
        "volume": 2646,
        "typical_volume": 2783.75,
        "trend": 306.04739,
        "fair_value": 230.819406,
        "relative_strength": 8.639051,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.595046,
        "energy": 77.510266,
        "activity_lines": [
          338.406665,
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      },
      {
        "date": "2026-07-17",
        "close": 329.5,
        "volume": 1687,
        "typical_volume": 2813.7,
        "trend": 306.963722,
        "fair_value": 232.061215,
        "relative_strength": 7.32342,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.386667,
        "energy": 72.748022,
        "activity_lines": [
          337.36,
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          310.684224,
          308.453011
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      },
      {
        "date": "2026-07-24",
        "close": 330.600006,
        "volume": 2429,
        "typical_volume": 2796.7,
        "trend": 308.058463,
        "fair_value": 233.262177,
        "relative_strength": 6.23247,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.621126,
        "energy": 65.89944,
        "activity_lines": [
          335.100002,
          329.687917,
          313.368565,
          309.977932
        ]
      },
      {
        "date": "2026-07-31",
        "close": 340.1,
        "volume": 2988,
        "typical_volume": 2745.65,
        "trend": 309.291868,
        "fair_value": 234.534708,
        "relative_strength": 6.786061,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.5174,
        "energy": 46.049422,
        "activity_lines": [
          336.020001,
          333.123637,
          316.880387,
          312.045128
        ]
      },
      {
        "date": "2026-08-07",
        "close": 356.600006,
        "volume": 2847,
        "typical_volume": 2753.7,
        "trend": 310.739047,
        "fair_value": 235.907796,
        "relative_strength": 8.756027,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.221503,
        "energy": 56.192755,
        "activity_lines": [
          342.013337,
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          315.097266
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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."
    }
  }
}