{ "ticker": { "uuid": "95fc248b-c815-4a32-8dae-8264d7187395", "symbol": "PHAR", "name": "Pharos Energy 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": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Momentum cooling", "architecture_gate": "up", "architecture_direction": 75.487, "architecture_energy": 68.806, "architecture_maturity": 28.0, "architecture_confidence": 82.18, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 19.38, "rotation_up": 68.34, "upward_expansion": 82.1, "deceleration": 51.4, "rotation_down": 16.89, "downward_expansion": 20.43 }, "activity_lines": [ 0.295867, 0.277769, 0.272043, 0.267279 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 0.335, "trend_reference": 0.256576, "distance_from_trend": 0.305657, "trend_direction": "Improving", "fair_value": 0.21008, "distance_from_fair_value": 0.594631, "fair_value_direction": "Improving", "relative_strength": 33.586571, "relative_strength_direction": "Improving", "price_momentum": 0.555925, "excess_performance": 0.50469, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.305657, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.111101, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.594631, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.330253, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.335866, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.193405, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.555925, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.781138, "read": "Demand-led" } ], "volume": { "latest": 4660110, "relative_activity": 1.585377, "balance": 3.781138, "dry_up": 1.943501, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.09113, "annualized_volatility": 0.479417, "from_high_reference": -0.023324, "from_low_reference": 0.904762 }, "levels": { "trend_reference": 0.256576, "fair_value_reference": 0.21008, "structural_low": 0.197849, "invalidation": "A sustained loss of 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6.949918, "energy": 16.691994, "activity_lines": [ 0.2514, 0.25918, 0.2628, 0.256887 ] }, { "date": "2026-07-17", "close": 0.254, "volume": 1980922, "typical_volume": 2616471.5, "trend": 0.246169, "fair_value": 0.208106, "relative_strength": 5.592462, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.152985, "energy": 14.376101, "activity_lines": [ 0.2508, 0.257473, 0.262025, 0.257507 ] }, { "date": "2026-07-24", "close": 0.248, "volume": 1351271, "typical_volume": 2439453.65, "trend": 0.248196, "fair_value": 0.208382, "relative_strength": 1.761685, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 1.62422, "energy": 14.588071, "activity_lines": [ 0.250267, 0.25473, 0.260586, 0.257625 ] }, { "date": "2026-07-31", "close": 0.315, "volume": 14858866, "typical_volume": 2946722.05, "trend": 0.252166, "fair_value": 0.209191, "relative_strength": 26.935617, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 53.786565, "energy": 29.902642, "activity_lines": [ 0.272067, 0.264773, 0.265498, 0.261935 ] }, { "date": "2026-08-07", "close": 0.335, "volume": 4660110, "typical_volume": 2939433.3, "trend": 0.256576, "fair_value": 0.21008, "relative_strength": 33.586571, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 75.487355, "energy": 68.806229, "activity_lines": [ 0.295867, 0.277769, 0.272043, 0.267279 ] } ], "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." } } }