{ "ticker": { "uuid": "ae73d066-1b63-40b7-b3e8-7f01711d7af9", "symbol": "SCT", "name": "Softcat 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": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late 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": "Established expansion", "architecture_gate": "up", "architecture_direction": 78.124, "architecture_energy": 66.744, "architecture_maturity": 69.687, "architecture_confidence": 94.387, "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": 5.58, "rotation_up": 60.31, "upward_expansion": 87.67, "deceleration": 64.7, "rotation_down": 27.3, "downward_expansion": 12.0 }, "activity_lines": [ 1928.2, 1898.290909, 1774.184345, 1644.659443 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 1994.0, "trend_reference": 1502.261149, "distance_from_trend": 0.327332, "trend_direction": "Improving", "fair_value": 1539.814783, "distance_from_fair_value": 0.294961, "fair_value_direction": "Improving", "relative_strength": 21.764274, "relative_strength_direction": "Improving", "price_momentum": 0.708789, "excess_performance": 0.657553, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.327332, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.105994, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.294961, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.35338, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.217643, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.327732, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.708789, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.89984, "read": "Demand-led" } ], "volume": { "latest": 1293830, "relative_activity": 0.73809, "balance": 1.89984, "dry_up": 0.916297, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.062055, "annualized_volatility": 0.355044, "from_high_reference": -0.00499, "from_low_reference": 0.841326 }, "levels": { "trend_reference": 1502.261149, "fair_value_reference": 1539.814783, "structural_low": 1082.915056, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 19, "median_return": 0.005151, "positive_rate": 0.631579, "directional_follow_through": 0.631579, "median_excess_return": -0.00848, "regime_survival": 0.736842, "best_return": 0.107614, "worst_return": -0.092795, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.026383, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.022021, "regime_survival": 0.333333, "best_return": 0.107727, "worst_return": -0.148553, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.127999, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.190923, "regime_survival": 0.0, "best_return": 0.043091, "worst_return": -0.2079, "sufficient": false }, { "horizon": "Full 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"date": "2026-07-24", "close": 1893.0, "volume": 1230696, "typical_volume": 1958075.7, "trend": 1466.653686, "fair_value": 1533.740345, "relative_strength": 17.521397, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.676875, "energy": 65.723362, "activity_lines": [ 1878.266667, 1851.654545, 1700.376408, 1581.93972 ] }, { "date": "2026-07-31", "close": 1930.0, "volume": 2908063, "typical_volume": 1937052.35, "trend": 1485.190609, "fair_value": 1536.652494, "relative_strength": 18.335954, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.401777, "energy": 64.702059, "activity_lines": [ 1896.466667, 1871.909091, 1736.054403, 1611.83303 ] }, { "date": "2026-08-07", "close": 1994.0, "volume": 1293830, "typical_volume": 1752943.75, "trend": 1502.261149, "fair_value": 1539.814783, "relative_strength": 21.764274, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.124307, "energy": 66.744447, "activity_lines": [ 1928.2, 1898.290909, 1774.184345, 1644.659443 ] } ], "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." } } }