{ "ticker": { "uuid": "b7356b73-4829-4fa1-b1ce-dab0610da292", "symbol": "MGNS", "name": "Morgan Sindall Group 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": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 63.754, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "down", "architecture_direction": -33.142, "architecture_energy": 27.365, "architecture_maturity": 18.996, "architecture_confidence": 69.158, "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": 48.62, "rotation_up": 7.96, "upward_expansion": 16.47, "deceleration": 66.95, "rotation_down": 60.43, "downward_expansion": 61.14 }, "activity_lines": [ 4532.0, 4651.181818, 4650.803418, 4649.288479 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 4494.0, "trend_reference": 4704.010531, "distance_from_trend": -0.044645, "trend_direction": "Improving", "fair_value": 3518.179399, "distance_from_fair_value": 0.277365, "fair_value_direction": "Weakening", "relative_strength": -10.753322, "relative_strength_direction": "Weakening", "price_momentum": -0.106354, "excess_performance": -0.157589, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.044645, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.003482, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.277365, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.163965, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.107533, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.090514, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.106354, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.387436, "read": "Supply-led" } ], "volume": { "latest": 556546, "relative_activity": 1.187979, "balance": 0.387436, "dry_up": 1.179378, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.067747, "annualized_volatility": 0.341074, "from_high_reference": -0.215525, "from_low_reference": 0.148289 }, "levels": { "trend_reference": 4704.010531, "fair_value_reference": 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740767, "typical_volume": 486316.55, "trend": 4718.339225, "fair_value": 3501.458959, "relative_strength": -12.078592, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.385688, "energy": 27.749039, "activity_lines": [ 4604.066667, 4685.854545, 4661.168301, 4663.761977 ] }, { "date": "2026-08-07", "close": 4494.0, "volume": 556546, "typical_volume": 468481.15, "trend": 4704.010531, "fair_value": 3518.179399, "relative_strength": -10.753322, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.142384, "energy": 27.364556, "activity_lines": [ 4532.0, 4651.181818, 4650.803418, 4649.288479 ] } ], "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." } } }