{
  "ticker": {
    "uuid": "9786b4a0-f495-4055-a76b-6381c1adaa0b",
    "symbol": "ALBFR",
    "name": "Sidetrade SA",
    "exchange": "PAR",
    "country": "FR",
    "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": "^FCHI",
    "stage": 1,
    "stage_name": "Basing",
    "phase": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 57.52,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 74.274,
    "architecture_energy": 83.406,
    "architecture_maturity": 25.554,
    "architecture_confidence": 71.336,
    "architecture_tenure": "New",
    "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": 15.84,
        "rotation_up": 79.18,
        "upward_expansion": 95.36,
        "deceleration": 41.91,
        "rotation_down": 9.05,
        "downward_expansion": 19.69
      },
      "activity_lines": [
        196.853334,
        187.330909,
        178.168571,
        169.804086
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 202.0,
    "trend_reference": 162.323333,
    "distance_from_trend": 0.24443,
    "trend_direction": "Weakening",
    "fair_value": 196.148397,
    "distance_from_fair_value": 0.029833,
    "fair_value_direction": "Improving",
    "relative_strength": -2.368718,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.432624,
    "excess_performance": 0.379313,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.24443,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.113681,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.029833,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.197751,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.023687,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.225992,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.432624,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.535943,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 6655,
      "relative_activity": 0.490519,
      "balance": 1.535943,
      "dry_up": 1.005086,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.073648,
      "annualized_volatility": 0.482687,
      "from_high_reference": -0.231939,
      "from_low_reference": 0.980392
    },
    "levels": {
      "trend_reference": 162.323333,
      "fair_value_reference": 196.148397,
      "structural_low": 102.0,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 25,
        "median_return": -0.004367,
        "positive_rate": 0.48,
        "directional_follow_through": 0.48,
        "median_excess_return": -0.001376,
        "regime_survival": 0.6,
        "best_return": 0.145,
        "worst_return": -0.238494,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
        "median_return": 0.012048,
        "positive_rate": 0.545455,
        "directional_follow_through": 0.545455,
        "median_excess_return": -0.033794,
        "regime_survival": 0.363636,
        "best_return": 0.152695,
        "worst_return": -0.443515,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": -0.007042,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.428571,
        "median_excess_return": -0.057566,
        "regime_survival": 0.142857,
        "best_return": 0.323353,
        "worst_return": -0.276151,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": -0.078376,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.12904,
        "regime_survival": 0.0,
        "best_return": 0.459283,
        "worst_return": -0.385375,
        "sufficient": false
      }
    ],
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        "regime": "upward_expansion",
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      {
        "regime": "downward_expansion",
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        "regime": "rotation_up",
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        "close": 160.800003,
        "volume": 14774,
        "typical_volume": 35561.75,
        "trend": 190.57,
        "fair_value": 193.250321,
        "relative_strength": -24.967962,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.724463,
        "energy": 19.230023,
        "activity_lines": [
          163.693335,
          157.180001,
          152.668572,
          168.422366
        ]
      },
      {
        "date": "2026-05-15",
        "close": 165.0,
        "volume": 6678,
        "typical_volume": 35725.8,
        "trend": 187.47,
        "fair_value": 193.471474,
        "relative_strength": -20.724526,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -11.81524,
        "energy": 19.0882,
        "activity_lines": [
          164.453335,
          159.723637,
          152.801429,
          166.772689
        ]
      },
      {
        "date": "2026-05-22",
        "close": 171.399994,
        "volume": 19920,
        "typical_volume": 36651.2,
        "trend": 185.216667,
        "fair_value": 193.724039,
        "relative_strength": -18.573381,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -2.857886,
        "energy": 13.905516,
        "activity_lines": [
          167.079999,
          162.812727,
          153.89619,
          165.735914
        ]
      },
      {
        "date": "2026-05-29",
        "close": 167.800003,
        "volume": 6538,
        "typical_volume": 36837.2,
        "trend": 183.143333,
        "fair_value": 193.876603,
        "relative_strength": -20.216724,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.90797,
        "energy": 12.497859,
        "activity_lines": [
          167.346666,
          164.694546,
          154.989048,
          164.612258
        ]
      },
      {
        "date": "2026-06-05",
        "close": 172.0,
        "volume": 1804,
        "typical_volume": 36702.55,
        "trend": 181.343333,
        "fair_value": 194.072115,
        "relative_strength": -17.654054,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 0.934703,
        "energy": 13.489307,
        "activity_lines": [
          169.08,
          166.843637,
          156.778095,
          163.893333
        ]
      },
      {
        "date": "2026-06-12",
        "close": 165.199997,
        "volume": 551,
        "typical_volume": 35560.6,
        "trend": 178.616667,
        "fair_value": 194.227244,
        "relative_strength": -21.305823,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -3.677344,
        "energy": 12.998119,
        "activity_lines": [
          168.346665,
          167.047272,
          158.114762,
          162.851828
        ]
      },
      {
        "date": "2026-06-19",
        "close": 160.0,
        "volume": 1539,
        "typical_volume": 33656.95,
        "trend": 175.75,
        "fair_value": 194.358654,
        "relative_strength": -23.471643,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -16.536655,
        "energy": 10.98302,
        "activity_lines": [
          165.586666,
          166.047272,
          159.03619,
          161.650753
        ]
      },
      {
        "date": "2026-06-26",
        "close": 173.0,
        "volume": 983,
        "typical_volume": 27890.95,
        "trend": 173.283333,
        "fair_value": 194.570192,
        "relative_strength": -16.081909,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 3.715881,
        "energy": 7.784784,
        "activity_lines": [
          167.493333,
          167.42909,
          161.174286,
          161.473333
        ]
      },
      {
        "date": "2026-07-03",
        "close": 179.199997,
        "volume": 2628,
        "typical_volume": 23643.7,
        "trend": 171.023333,
        "fair_value": 194.83109,
        "relative_strength": -13.56985,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 38.75389,
        "energy": 25.205839,
        "activity_lines": [
          171.359999,
          169.592726,
          163.750476,
          161.855054
        ]
      },
      {
        "date": "2026-07-10",
        "close": 175.199997,
        "volume": 5600,
        "typical_volume": 20857.05,
        "trend": 168.163333,
        "fair_value": 195.066346,
        "relative_strength": -13.106716,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 31.478571,
        "energy": 34.544667,
        "activity_lines": [
          173.133331,
          170.839999,
          165.682856,
          162.124516
        ]
      },
      {
        "date": "2026-07-17",
        "close": 171.800003,
        "volume": 5216,
        "typical_volume": 17663.35,
        "trend": 165.756667,
        "fair_value": 195.244551,
        "relative_strength": -14.199608,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 28.157789,
        "energy": 45.001489,
        "activity_lines": [
          173.56,
          171.356363,
          167.02619,
          162.35914
        ]
      },
      {
        "date": "2026-07-24",
        "close": 204.0,
        "volume": 29030,
        "typical_volume": 15588.75,
        "trend": 164.59,
        "fair_value": 195.590705,
        "relative_strength": 1.871196,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.896265,
        "energy": 77.839153,
        "activity_lines": [
          184.28,
          177.527272,
          171.165714,
          164.826451
        ]
      },
      {
        "date": "2026-07-31",
        "close": 203.0,
        "volume": 13644,
        "typical_volume": 14502.45,
        "trend": 163.256667,
        "fair_value": 195.879167,
        "relative_strength": 0.140795,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.797945,
        "energy": 81.478087,
        "activity_lines": [
          191.733333,
          182.807272,
          174.862381,
          167.304516
        ]
      },
      {
        "date": "2026-08-07",
        "close": 202.0,
        "volume": 6655,
        "typical_volume": 13567.25,
        "trend": 162.323333,
        "fair_value": 196.148397,
        "relative_strength": -2.368718,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.27361,
        "energy": 83.405632,
        "activity_lines": [
          196.853334,
          187.330909,
          178.168571,
          169.804086
        ]
      }
    ],
    "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."
    }
  }
}