{ "ticker": { "uuid": "a8a1958e-2ccb-4df7-bc10-bc89c0a4f6e7", "symbol": "AZN", "name": "AstraZeneca 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": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -66.161, "architecture_energy": 63.527, "architecture_maturity": 15.649, "architecture_confidence": 89.376, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 19.84, "rotation_up": 14.01, "upward_expansion": 15.73, "deceleration": 35.16, "rotation_down": 70.06, "downward_expansion": 89.07 }, "activity_lines": [ 12346.936547, 12840.313058, 13282.093134, 13601.513837 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 11896.0, "trend_reference": 13923.406784, "distance_from_trend": -0.145611, "trend_direction": "Weakening", "fair_value": 11863.097577, "distance_from_fair_value": 0.002774, "fair_value_direction": "Weakening", "relative_strength": -18.265712, "relative_strength_direction": "Weakening", "price_momentum": -0.156465, "excess_performance": -0.2077, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.145611, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.011545, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.002774, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.140093, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.182657, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.173408, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.156465, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.337046, "read": "Supply-led" } ], "volume": { "latest": 42310043, "relative_activity": 4.003918, "balance": 0.337046, "dry_up": 2.009413, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.115206, "annualized_volatility": 0.313135, "from_high_reference": -0.243757, "from_low_reference": 0.210584 }, "levels": { "trend_reference": 13923.406784, 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13233.50212, 13454.133142, 13720.004309, 13929.054323 ] }, { "date": "2026-07-24", "close": 12586.3122, "volume": 11937973, "typical_volume": 9142029.45, "trend": 14035.426181, "fair_value": 11846.963512, "relative_strength": -12.420349, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.266046, "energy": 49.942248, "activity_lines": [ 12950.768973, 13272.688847, 13588.164717, 13833.227003 ] }, { "date": "2026-07-31", "close": 12548.5636, "volume": 17670151, "typical_volume": 9268362.3, "trend": 14000.691485, "fair_value": 11857.508748, "relative_strength": -13.65638, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.285117, "energy": 58.821674, "activity_lines": [ 12698.632147, 13103.393676, 13461.84282, 13737.300385 ] }, { "date": "2026-08-07", "close": 11896.0, "volume": 42310043, "typical_volume": 10567160.45, "trend": 13923.406784, "fair_value": 11863.097577, "relative_strength": -18.265712, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.161457, "energy": 63.526574, "activity_lines": [ 12346.936547, 12840.313058, 13282.093134, 13601.513837 ] } ], "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." } } }