{ "ticker": { "uuid": "9e4aba29-5a79-49ec-98dc-2e7b224397dc", "symbol": "PAT", "name": "Patrimoine et Commerce 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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 76.615, "architecture_energy": 83.996, "architecture_maturity": 21.332, "architecture_confidence": 74.74, "architecture_tenure": "Developing", "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": 2.6, "rotation_up": 81.22, "upward_expansion": 94.61, "deceleration": 41.86, "rotation_down": 11.01, "downward_expansion": 21.28 }, "activity_lines": [ 26.14219, 25.493975, 24.885401, 24.62129 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 26.6, "trend_reference": 24.366886, "distance_from_trend": 0.091645, "trend_direction": "Improving", "fair_value": 20.690222, "distance_from_fair_value": 0.285631, "fair_value_direction": "Improving", "relative_strength": 2.26221, "relative_strength_direction": "Improving", "price_momentum": 0.099174, "excess_performance": 0.045862, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.091645, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.020389, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.285631, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.093973, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.022622, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.042421, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.099174, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 13.098348, "read": "Demand-led" } ], "volume": { "latest": 1698, "relative_activity": 0.636277, "balance": 13.098348, "dry_up": 1.500103, "accumulation_observations": 5, "distribution_observations": 0 }, "risk": { "range_context": 0.034521, "annualized_volatility": 0.109774, "from_high_reference": -0.014815, "from_low_reference": 0.225806 }, "levels": { "trend_reference": 24.366886, "fair_value_reference": 20.690222, "structural_low": 23.0, "invalidation": 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24.155328, 24.105009 ] }, { "date": "2026-07-17", "close": 25.620438, "volume": 5142, "typical_volume": 2495.55, "trend": 24.076715, "fair_value": 20.489425, "relative_strength": 3.043159, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.260371, "energy": 53.484331, "activity_lines": [ 24.781654, 24.566038, 24.301175, 24.210669 ] }, { "date": "2026-07-24", "close": 25.905109, "volume": 5405, "typical_volume": 2588.0, "trend": 24.180219, "fair_value": 20.554289, "relative_strength": 3.635788, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.941715, "energy": 68.160924, "activity_lines": [ 25.196593, 24.846941, 24.467369, 24.32863 ] }, { "date": "2026-07-31", "close": 26.4, "volume": 3768, "typical_volume": 2628.8, "trend": 24.283552, "fair_value": 20.621757, "relative_strength": 3.918738, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.939955, "energy": 80.296785, "activity_lines": [ 25.709489, 25.17773, 24.672575, 24.471842 ] }, { "date": "2026-08-07", "close": 26.6, "volume": 1698, "typical_volume": 2668.65, "trend": 24.366886, "fair_value": 20.690222, "relative_strength": 2.26221, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.614705, "energy": 83.995744, "activity_lines": [ 26.14219, 25.493975, 24.885401, 24.62129 ] } ], "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." } } }