{
  "ticker": {
    "uuid": "bc477e8b-458f-4e2d-be41-8096eae5b006",
    "symbol": "LGHT",
    "name": "Signify N.V.",
    "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": 4,
    "stage_name": "Declining",
    "phase": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
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    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -67.889,
    "architecture_energy": 87.39,
    "architecture_maturity": 16.525,
    "architecture_confidence": 86.573,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
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      "scores": {
        "balance": 18.28,
        "rotation_up": 8.1,
        "upward_expansion": 21.89,
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        "rotation_down": 80.61,
        "downward_expansion": 97.55
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
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    "latest_close": 15.28,
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    "trend_direction": "Weakening",
    "fair_value": 19.603744,
    "distance_from_fair_value": -0.220557,
    "fair_value_direction": "Weakening",
    "relative_strength": -34.833172,
    "relative_strength_direction": "Weakening",
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        "label": "Price vs Trend",
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        "read": "Below"
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        "label": "Trend direction",
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        "read": "Falling"
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        "label": "Price vs current Fair Value",
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        "read": "Below anchor"
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        "label": "Fair Value direction",
        "positive": false,
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        "read": "Moving away"
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        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.348332,
        "read": "Lagging"
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        "label": "Relative strength direction",
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        "value": -0.210945,
        "read": "Weakening"
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        "value": -0.167249,
        "read": "Negative"
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        "label": "Volume balance",
        "positive": false,
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        "read": "Supply-led"
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      "distribution_observations": 1
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      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
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        "activity_lines": [
          18.308,
          19.280363,
          19.040736,
          18.841091
        ]
      },
      {
        "date": "2026-07-10",
        "close": 16.639999,
        "volume": 2401,
        "typical_volume": 1306.95,
        "trend": 18.666919,
        "fair_value": 19.778684,
        "relative_strength": -30.314569,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.677445,
        "energy": 45.542822,
        "activity_lines": [
          17.470666,
          18.725091,
          18.849545,
          18.705354
        ]
      },
      {
        "date": "2026-07-17",
        "close": 16.309999,
        "volume": 0,
        "typical_volume": 1259.45,
        "trend": 18.586942,
        "fair_value": 19.742222,
        "relative_strength": -29.556398,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -47.231277,
        "energy": 55.316271,
        "activity_lines": [
          16.812666,
          18.159272,
          18.636516,
          18.553295
        ]
      },
      {
        "date": "2026-07-24",
        "close": 14.47,
        "volume": 14208,
        "typical_volume": 1553.3,
        "trend": 18.431457,
        "fair_value": 19.696796,
        "relative_strength": -37.778958,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -88.071515,
        "energy": 93.281695,
        "activity_lines": [
          15.818,
          17.326363,
          18.257473,
          18.287686
        ]
      },
      {
        "date": "2026-07-31",
        "close": 14.81,
        "volume": 1208,
        "typical_volume": 1463.55,
        "trend": 18.265121,
        "fair_value": 19.643977,
        "relative_strength": -35.637132,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.482515,
        "energy": 92.142492,
        "activity_lines": [
          15.372,
          16.663091,
          17.923339,
          18.054044
        ]
      },
      {
        "date": "2026-08-07",
        "close": 15.28,
        "volume": 120,
        "typical_volume": 1422.05,
        "trend": 18.1163,
        "fair_value": 19.603744,
        "relative_strength": -34.833172,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.888585,
        "energy": 87.390202,
        "activity_lines": [
          15.220666,
          16.190545,
          17.644084,
          17.861455
        ]
      }
    ],
    "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."
    }
  }
}