{ "ticker": { "uuid": "942359b5-2864-43ba-98de-554e0211700c", "symbol": "JTC", "name": "JTC 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 91.006, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 84.15, "architecture_energy": 65.66, "architecture_maturity": 59.591, "architecture_confidence": 71.973, "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": 7.66, "rotation_up": 68.82, "upward_expansion": 85.65, "deceleration": 65.6, "rotation_down": 20.36, "downward_expansion": 9.99 }, "activity_lines": [ 1329.4, 1327.090909, 1322.814286, 1317.993548 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 1335.0, "trend_reference": 1311.0, "distance_from_trend": 0.018307, "trend_direction": "Improving", "fair_value": 1019.25791, "distance_from_fair_value": 0.309776, "fair_value_direction": "Weakening", "relative_strength": -4.414075, "relative_strength_direction": "Weakening", "price_momentum": 0.033282, "excess_performance": -0.017954, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.018307, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.008513, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.309776, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.047071, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.044141, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.107848, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.033282, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.573734, "read": "Demand-led" } ], "volume": { "latest": 5656084, "relative_activity": 2.120569, "balance": 4.573734, "dry_up": 1.01218, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.004667, "annualized_volatility": 0.0188, "from_high_reference": -0.036176, "from_low_reference": 0.517104 }, "levels": { "trend_reference": 1311.0, "fair_value_reference": 1019.25791, "structural_low": 1292.0, 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1011.194233, "relative_strength": -3.011624, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.021993, "energy": 79.222091, "activity_lines": [ 1326.266667, 1324.127273, 1319.961905, 1315.148387 ] }, { "date": "2026-07-31", "close": 1327.0, "volume": 1730928, "typical_volume": 2641012.3, "trend": 1309.566667, "fair_value": 1015.186012, "relative_strength": -4.390809, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.261681, "energy": 65.126336, "activity_lines": [ 1326.666667, 1324.963636, 1321.07619, 1316.352688 ] }, { "date": "2026-08-07", "close": 1335.0, "volume": 5656084, "typical_volume": 2667248.9, "trend": 1311.0, "fair_value": 1019.25791, "relative_strength": -4.414075, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.150473, "energy": 65.660277, "activity_lines": [ 1329.4, 1327.090909, 1322.814286, 1317.993548 ] } ], "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." } } }