{ "ticker": { "uuid": "91a62363-b1d5-42d7-8714-948ffcf08296", "symbol": "JEL", "name": "Jersey Electricity 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": 93.223, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -48.183, "architecture_energy": 26.342, "architecture_maturity": 43.883, "architecture_confidence": 93.232, "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": 45.1, "rotation_up": 19.81, "upward_expansion": 5.03, "deceleration": 44.02, "rotation_down": 46.03, "downward_expansion": 73.7 }, "activity_lines": [ 442.733333, 443.920062, 444.859515, 446.264844 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 440.0, "trend_reference": 450.607747, "distance_from_trend": -0.023541, "trend_direction": "Weakening", "fair_value": 450.254914, "distance_from_fair_value": -0.022776, "fair_value_direction": "Weakening", "relative_strength": -12.087381, "relative_strength_direction": "Weakening", "price_momentum": -0.071486, "excess_performance": -0.122721, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.023541, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.018397, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.022776, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.011818, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.120874, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.031648, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.071486, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.810786, "read": "Supply-led" } ], "volume": { "latest": 8056, "relative_activity": 0.811659, "balance": 0.810786, "dry_up": 0.970621, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.033695, "annualized_volatility": 0.104596, "from_high_reference": -0.092545, "from_low_reference": 0.047619 }, "levels": { "trend_reference": 450.607747, "fair_value_reference": 450.254914, 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"close": 442.0, "volume": 7809, "typical_volume": 11912.05, "trend": 452.628885, "fair_value": 451.056713, "relative_strength": -10.462062, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.956438, "energy": 18.201106, "activity_lines": [ 444.913273, 445.077473, 445.209779, 447.96369 ] }, { "date": "2026-07-24", "close": 445.0, "volume": 15150, "typical_volume": 12491.2, "trend": 452.099593, "fair_value": 450.753183, "relative_strength": -10.605298, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.162049, "energy": 18.016947, "activity_lines": [ 444.6, 444.875167, 445.205723, 447.471504 ] }, { "date": "2026-07-31", "close": 445.0, "volume": 7520, "typical_volume": 10721.55, "trend": 451.603627, "fair_value": 450.436851, "relative_strength": -11.253501, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.059557, "energy": 19.964865, "activity_lines": [ 444.333333, 444.762096, 445.273095, 447.013465 ] }, { "date": "2026-08-07", "close": 440.0, "volume": 8056, "typical_volume": 9925.35, "trend": 450.607747, "fair_value": 450.254914, "relative_strength": -12.087381, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.182587, "energy": 26.341786, "activity_lines": [ 442.733333, 443.920062, 444.859515, 446.264844 ] } ], "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." } } }