{ "ticker": { "uuid": "b2df1c3b-f169-493f-95a7-cb06b1e0b68d", "symbol": "MMB", "name": "Lagardere SA", "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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 60.077, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 25.688, "architecture_energy": 23.283, "architecture_maturity": 69.582, "architecture_confidence": 78.846, "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": 41.83, "rotation_up": 26.85, "upward_expansion": 53.3, "deceleration": 85.45, "rotation_down": 41.69, "downward_expansion": 25.96 }, "activity_lines": [ 18.465333, 18.782182, 18.643058, 18.472737 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 18.84, "trend_reference": 18.298476, "distance_from_trend": 0.029594, "trend_direction": "Improving", "fair_value": 18.829512, "distance_from_fair_value": 0.000557, "fair_value_direction": "Improving", "relative_strength": -4.583606, "relative_strength_direction": "Improving", "price_momentum": 0.054707, "excess_performance": 0.001396, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.029594, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.014981, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.000557, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.039746, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.045836, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.0025, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.054707, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.144057, "read": "Demand-led" } ], "volume": { "latest": 91246, "relative_activity": 0.984541, "balance": 1.144057, "dry_up": 0.952786, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.051037, "annualized_volatility": 0.237683, "from_high_reference": -0.076471, "from_low_reference": 0.130392 }, "levels": { "trend_reference": 18.298476, "fair_value_reference": 18.829512, "structural_low": 16.66678, 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"stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.359988, "energy": 56.15992, "activity_lines": [ 19.353334, 19.1, 18.685731, 18.48373 ] }, { "date": "2026-07-24", "close": 17.74, "volume": 76260, "typical_volume": 88519.25, "trend": 18.275379, "fair_value": 18.835047, "relative_strength": -7.176681, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 22.680761, "energy": 19.026828, "activity_lines": [ 18.806667, 18.909091, 18.626268, 18.448967 ] }, { "date": "2026-07-31", "close": 18.08, "volume": 101301, "typical_volume": 90958.95, "trend": 18.27619, "fair_value": 18.83389, "relative_strength": -6.534487, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 18.3365, "energy": 15.735688, "activity_lines": [ 18.474667, 18.780727, 18.600781, 18.436362 ] }, { "date": "2026-08-07", "close": 18.84, "volume": 91246, "typical_volume": 92678.75, "trend": 18.298476, "fair_value": 18.829512, "relative_strength": -4.583606, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 25.688149, "energy": 23.282807, "activity_lines": [ 18.465333, 18.782182, 18.643058, 18.472737 ] } ], "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." } } }