{ "ticker": { "uuid": "acb6d085-ad66-4b7d-ac18-c73575b02e79", "symbol": "AI", "name": "L'Air Liquide S.A.", "exchange": "VIE", "country": "AT", "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": "^ATX", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 89.999, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 29.797, "architecture_energy": 14.864, "architecture_maturity": 30.991, "architecture_confidence": 46.234, "architecture_tenure": "Developing", "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": 44.65, "rotation_up": 40.88, "upward_expansion": 65.57, "deceleration": 58.78, "rotation_down": 22.39, "downward_expansion": 11.24 }, "activity_lines": [ 174.189336, 173.905788, 174.410643, 173.762337 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Stable", "price_acceptance": 0.166667 }, "latest_close": 173.740005, "trend_reference": 171.317273, "distance_from_trend": 0.014142, "trend_direction": "Improving", "fair_value": 161.967639, "distance_from_fair_value": 0.072683, "fair_value_direction": "Weakening", "relative_strength": -16.446787, "relative_strength_direction": "Weakening", "price_momentum": 0.057451, "excess_performance": -0.116796, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.014142, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.026324, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.072683, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.00709, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.164468, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.018865, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.057451, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.600246, "read": "Supply-led" } ], "volume": { "latest": 30, "relative_activity": 0.256849, "balance": 0.600246, "dry_up": 1.14726, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.035629, "annualized_volatility": 0.241516, "from_high_reference": -0.065151, "from_low_reference": 0.142701 }, "levels": { "trend_reference": 171.317273, "fair_value_reference": 161.967639, "structural_low": 159.679758, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 13, "median_return": 0.00745, "positive_rate": 0.615385, "directional_follow_through": 0.615385, "median_excess_return": -0.02026, "regime_survival": 0.461538, "best_return": 0.095571, "worst_return": -0.087408, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.015276, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.001946, "regime_survival": 0.375, "best_return": 0.130208, "worst_return": 0.001044, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.077731, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.052626, "regime_survival": 0.2, "best_return": 0.201825, "worst_return": 0.009284, "sufficient": true }, { "horizon": 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"modifier": "Recompressing", "gate": "up", "direction": 38.581406, "energy": 27.657095, "activity_lines": [ 175.238669, 173.588531, 174.52436, 172.987423 ] }, { "date": "2026-07-24", "close": 176.740005, "volume": 82, "typical_volume": 111.6, "trend": 170.129356, "fair_value": 161.556173, "relative_strength": -13.51668, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 40.903767, "energy": 31.682942, "activity_lines": [ 176.276003, 174.163903, 174.78952, 173.457469 ] }, { "date": "2026-07-31", "close": 171.779999, "volume": 135, "typical_volume": 115.3, "trend": 170.665193, "fair_value": 161.748958, "relative_strength": -15.40607, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 26.471792, "energy": 17.007099, "activity_lines": [ 174.902668, 173.770845, 174.517003, 173.563962 ] }, { "date": "2026-08-07", "close": 173.740005, "volume": 30, "typical_volume": 116.8, "trend": 171.317273, "fair_value": 161.967639, "relative_strength": -16.446787, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.797351, "energy": 14.863665, "activity_lines": [ 174.189336, 173.905788, 174.410643, 173.762337 ] } ], "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." } } }