{ "ticker": { "uuid": "b168b57f-8665-4181-9f6d-2add9f2cbd02", "symbol": "DSY", "name": "Dassault Syst\u00e8mes SE", "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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "mixed", "architecture_direction": 53.136, "architecture_energy": 61.237, "architecture_maturity": 19.143, "architecture_confidence": 62.377, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 35.97, "rotation_up": 68.2, "upward_expansion": 56.49, "deceleration": 27.69, "rotation_down": 19.16, "downward_expansion": 21.83 }, "activity_lines": [ 20.314333, 19.377455, 19.054747, 18.865585 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 22.25, "trend_reference": 19.110417, "distance_from_trend": 0.164286, "trend_direction": "Weakening", "fair_value": 31.093528, "distance_from_fair_value": -0.284417, "fair_value_direction": "Improving", "relative_strength": -4.717375, "relative_strength_direction": "Improving", "price_momentum": 0.01346, "excess_performance": -0.039852, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.164286, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.073811, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.284417, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.126244, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.047174, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.187067, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.01346, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.485521, "read": "Demand-led" } ], "volume": { "latest": 9533353, "relative_activity": 0.995585, "balance": 1.485521, "dry_up": 1.110903, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.066812, "annualized_volatility": 0.527946, "from_high_reference": -0.257264, "from_low_reference": 0.424927 }, "levels": { "trend_reference": 19.110417, "fair_value_reference": 31.093528, "structural_low": 15.61483, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 8, "median_return": -0.024261, "positive_rate": 0.375, "directional_follow_through": 0.375, "median_excess_return": -0.060218, "regime_survival": 0.125, "best_return": 0.165418, "worst_return": -0.139973, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.053602, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.038942, "regime_survival": 0.0, "best_return": 0.098481, "worst_return": -0.114322, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.05561, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.121082, "regime_survival": 0.0, "best_return": -0.012824, "worst_return": -0.077148, "sufficient": false 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18.430786, 18.70316 ] }, { "date": "2026-07-17", "close": 17.885, "volume": 9276760, "typical_volume": 10470286.65, "trend": 19.399505, "fair_value": 31.402367, "relative_strength": -21.99162, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.106244, "energy": 27.50357, "activity_lines": [ 18.062667, 18.198104, 18.389916, 18.593621 ] }, { "date": "2026-07-24", "close": 19.879999, "volume": 14393681, "typical_volume": 10110580.75, "trend": 19.287268, "fair_value": 31.288664, "relative_strength": -12.797414, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.496857, "energy": 8.225882, "activity_lines": [ 18.704333, 18.445184, 18.541039, 18.624621 ] }, { "date": "2026-07-31", "close": 19.955, "volume": 9346589, "typical_volume": 9851825.5, "trend": 19.182794, "fair_value": 31.18087, "relative_strength": -13.078138, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.619832, "energy": 22.651398, "activity_lines": [ 19.194333, 18.701818, 18.692669, 18.6677 ] }, { "date": "2026-08-07", "close": 22.25, "volume": 9533353, "typical_volume": 9575627.45, "trend": 19.110417, "fair_value": 31.093528, "relative_strength": -4.717375, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 53.135968, "energy": 61.237152, "activity_lines": [ 20.314333, 19.377455, 19.054747, 18.865585 ] } ], "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." } } }