{ "ticker": { "uuid": "9e2cd8d0-e0c4-4b5a-878d-786917421a28", "symbol": "ALESE", "name": "Entech 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": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 18.646, "architecture_energy": 14.795, "architecture_maturity": 47.05, "architecture_confidence": 90.617, "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": 54.66, "rotation_up": 25.75, "upward_expansion": 44.34, "deceleration": 81.25, "rotation_down": 34.45, "downward_expansion": 31.34 }, "activity_lines": [ 10.17273, 10.320581, 10.354679, 10.19063 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 10.5, "trend_reference": 9.927568, "distance_from_trend": 0.057661, "trend_direction": "Improving", "fair_value": 7.956904, "distance_from_fair_value": 0.319609, "fair_value_direction": "Improving", "relative_strength": 6.903108, "relative_strength_direction": "Weakening", "price_momentum": 0.041667, "excess_performance": -0.011645, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.057661, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.092182, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.319609, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.084155, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.069031, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.058085, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.041667, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.117157, "read": "Demand-led" } ], "volume": { "latest": 95709, "relative_activity": 1.323332, "balance": 1.117157, "dry_up": 1.131591, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.080842, "annualized_volatility": 0.374439, "from_high_reference": -0.125, "from_low_reference": 0.454294 }, "levels": { "trend_reference": 9.927568, "fair_value_reference": 7.956904, "structural_low": 8.55, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 1, "median_return": -0.010526, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.069715, "regime_survival": 0.0, "best_return": -0.010526, "worst_return": -0.010526, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": 0.068755, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.019913, "regime_survival": 0.0, "best_return": 0.068755, "worst_return": 0.068755, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": 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{ "date": "2026-07-03", "close": 10.769123, "volume": 37670, "typical_volume": 71452.95, "trend": 9.56687, "fair_value": 7.90459, "relative_strength": 14.327753, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.371676, "energy": 33.536627, "activity_lines": [ 10.675748, 10.701759, 10.312465, 10.035997 ] }, { "date": "2026-07-10", "close": 10.490954, "volume": 114814, "typical_volume": 71524.8, "trend": 9.650235, "fair_value": 7.915943, "relative_strength": 13.033845, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.124366, "energy": 20.349848, "activity_lines": [ 10.586326, 10.703639, 10.354908, 10.095616 ] }, { "date": "2026-07-17", "close": 10.22, "volume": 54659, "typical_volume": 68855.3, "trend": 9.724902, "fair_value": 7.925173, "relative_strength": 9.616037, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.323672, "energy": 20.302483, "activity_lines": [ 10.417856, 10.631329, 10.367684, 10.132375 ] }, { "date": "2026-07-24", "close": 9.92, "volume": 74675, "typical_volume": 66897.0, "trend": 9.791568, "fair_value": 7.933635, "relative_strength": 5.545962, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.575989, "energy": 14.443332, "activity_lines": [ 10.242952, 10.49411, 10.348984, 10.144962 ] }, { "date": "2026-07-31", "close": 9.85, "volume": 102323, "typical_volume": 69466.55, "trend": 9.850568, "fair_value": 7.942161, "relative_strength": 2.767803, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.607298, "energy": 15.337441, "activity_lines": [ 10.089402, 10.341982, 10.32176, 10.148731 ] }, { "date": "2026-08-07", "close": 10.5, "volume": 95709, "typical_volume": 72324.25, "trend": 9.927568, "fair_value": 7.956904, "relative_strength": 6.903108, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.646279, "energy": 14.794585, "activity_lines": [ 10.17273, 10.320581, 10.354679, 10.19063 ] } ], "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." } } }