{ "ticker": { "uuid": "a93f9521-4bc1-446c-867a-d3c5322bfdd6", "symbol": "EL", "name": "EssilorLuxottica Soci\u00e9t\u00e9 anonyme", "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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -61.259, "architecture_energy": 48.556, "architecture_maturity": 74.586, "architecture_confidence": 90.721, "architecture_tenure": "Established", "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": 17.76, "rotation_up": 25.84, "upward_expansion": 6.84, "deceleration": 55.33, "rotation_down": 54.77, "downward_expansion": 82.5 }, "activity_lines": [ 167.72, 169.177272, 172.664544, 180.207658 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.833333 }, "latest_close": 172.300003, "trend_reference": 195.728811, "distance_from_trend": -0.1197, "trend_direction": "Weakening", "fair_value": 213.595484, "distance_from_fair_value": -0.193335, "fair_value_direction": "Improving", "relative_strength": -30.475943, "relative_strength_direction": "Improving", "price_momentum": -0.308616, "excess_performance": -0.361927, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.1197, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.162331, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.193335, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.000765, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.304759, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.014837, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.308616, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.498789, "read": "Demand-led" } ], "volume": { "latest": 4502204, "relative_activity": 1.666271, "balance": 1.498789, "dry_up": 1.260056, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.057826, "annualized_volatility": 0.328529, "from_high_reference": -0.455305, "from_low_reference": 0.071517 }, "levels": { "trend_reference": 195.728811, "fair_value_reference": 213.595484, 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"Established contraction", "gate": "down", "direction": -75.53146, "energy": 67.597504, "activity_lines": [ 167.436664, 170.328179, 174.654066, 184.347908 ] }, { "date": "2026-07-31", "close": 164.75, "volume": 3917251, "typical_volume": 2682553.4, "trend": 199.034939, "fair_value": 213.527159, "relative_strength": -32.472923, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.620135, "energy": 58.636119, "activity_lines": [ 166.189998, 168.989089, 173.215915, 181.932493 ] }, { "date": "2026-08-07", "close": 172.300003, "volume": 4502204, "typical_volume": 2701963.5, "trend": 195.728811, "fair_value": 213.595484, "relative_strength": -30.475943, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.259375, "energy": 48.555775, "activity_lines": [ 167.72, 169.177272, 172.664544, 180.207658 ] } ], "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." } } }