{
  "ticker": {
    "uuid": "aa474c0b-212d-4a99-be37-141c4cd6ad17",
    "symbol": "ARVEN",
    "name": "Arverne Group S.A.",
    "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": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 38.149,
    "architecture_energy": 22.975,
    "architecture_maturity": 87.048,
    "architecture_confidence": 96,
    "architecture_tenure": "Established",
    "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": 40.49,
        "rotation_up": 30.79,
        "upward_expansion": 57.47,
        "deceleration": 87.52,
        "rotation_down": 26.32,
        "downward_expansion": 18.81
      },
      "activity_lines": [
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
    },
    "latest_close": 7.96,
    "trend_reference": 6.653333,
    "distance_from_trend": 0.196393,
    "trend_direction": "Improving",
    "fair_value": 6.248699,
    "distance_from_fair_value": 0.273865,
    "fair_value_direction": "Improving",
    "relative_strength": 24.696542,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.576238,
    "excess_performance": 0.522926,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.196393,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.207502,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.273865,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.294152,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.246965,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.042305,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.576238,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.721997,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 16035,
      "relative_activity": 0.458588,
      "balance": 3.721997,
      "dry_up": 0.564934,
      "accumulation_observations": 3,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.15056,
      "annualized_volatility": 0.59737,
      "from_high_reference": -0.368254,
      "from_low_reference": 0.745614
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    "levels": {
      "trend_reference": 6.653333,
      "fair_value_reference": 6.248699,
      "structural_low": 4.64,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 10,
        "median_return": 0.014423,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.013,
        "regime_survival": 0.7,
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        "worst_return": -0.142723,
        "sufficient": true
      },
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        "horizon": "Intermediate",
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        "regime_survival": 0.6,
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        "sufficient": false
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      },
      {
        "date": "2026-05-08",
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        "date": "2026-05-15",
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        "date": "2026-05-22",
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      },
      {
        "date": "2026-05-29",
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      },
      {
        "date": "2026-06-05",
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        "date": "2026-06-12",
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      },
      {
        "date": "2026-06-26",
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        "energy": 52.877285,
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      },
      {
        "date": "2026-07-03",
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        "typical_volume": 32601.85,
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        "relative_strength": 30.948146,
        "stage": 2,
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        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 33616.4,
        "trend": 6.209333,
        "fair_value": 6.290494,
        "relative_strength": 54.817687,
        "stage": 2,
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        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.255136,
        "energy": 42.338359,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
        "close": 8.94,
        "volume": 18536,
        "typical_volume": 34018.1,
        "trend": 6.344667,
        "fair_value": 6.28434,
        "relative_strength": 49.477754,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.77896,
        "energy": 38.988618,
        "activity_lines": [
          8.612,
          8.630182,
          7.849143,
          7.163333
        ]
      },
      {
        "date": "2026-07-24",
        "close": 8.18,
        "volume": 25739,
        "typical_volume": 35068.7,
        "trend": 6.450667,
        "fair_value": 6.273314,
        "relative_strength": 35.088856,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.327597,
        "energy": 35.467912,
        "activity_lines": [
          8.498667,
          8.554545,
          7.956381,
          7.281742
        ]
      },
      {
        "date": "2026-07-31",
        "close": 8.0,
        "volume": 18704,
        "typical_volume": 35691.9,
        "trend": 6.551333,
        "fair_value": 6.261135,
        "relative_strength": 29.144462,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 43.238501,
        "energy": 32.450232,
        "activity_lines": [
          8.378667,
          8.425091,
          8.03181,
          7.381699
        ]
      },
      {
        "date": "2026-08-07",
        "close": 7.96,
        "volume": 16035,
        "typical_volume": 34966.05,
        "trend": 6.653333,
        "fair_value": 6.248699,
        "relative_strength": 24.696542,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 38.149078,
        "energy": 22.975252,
        "activity_lines": [
          8.225333,
          8.309091,
          8.089857,
          7.472581
        ]
      }
    ],
    "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."
    }
  }
}