{ "ticker": { "uuid": "bc7e0cad-429d-4a57-8f13-ef9f6ca7e4cd", "symbol": "EI", "name": "EssilorLuxottica Soci\u00e9t\u00e9 anonyme", "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": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -62.362, "architecture_energy": 51.29, "architecture_maturity": 78.833, "architecture_confidence": 91.396, "architecture_tenure": "Established", "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." }, "scores": { "balance": 13.37, "rotation_up": 26.74, "upward_expansion": 7.6, "deceleration": 56.69, "rotation_down": 55.0, "downward_expansion": 83.26 }, "activity_lines": [ 168.073333, 169.374545, 172.86613, 180.449001 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.833333 }, "latest_close": 172.25, "trend_reference": 196.091921, "distance_from_trend": -0.121585, "trend_direction": "Weakening", "fair_value": 213.922904, "distance_from_fair_value": -0.194803, "fair_value_direction": "Weakening", "relative_strength": -40.810782, "relative_strength_direction": "Improving", "price_momentum": -0.309338, "excess_performance": -0.483585, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.121585, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.162859, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.194803, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.007846, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.408108, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.008494, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.309338, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.304702, "read": "Demand-led" } ], "volume": { "latest": 2187, "relative_activity": 2.767479, "balance": 1.304702, "dry_up": 2.959506, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.05158, "annualized_volatility": 0.340171, "from_high_reference": -0.459003, "from_low_reference": 0.086066 }, "levels": { "trend_reference": 196.091921, "fair_value_reference": 213.922904, 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172.109999, 176.586217, 187.300758 ] }, { "date": "2026-07-24", "close": 162.899994, "volume": 1348, "typical_volume": 446.4, "trend": 202.56203, "fair_value": 213.879222, "relative_strength": -43.726556, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.512691, "energy": 70.79334, "activity_lines": [ 167.259998, 170.224544, 174.745022, 184.524374 ] }, { "date": "2026-07-31", "close": 166.550003, "volume": 4783, "typical_volume": 681.7, "trend": 199.406255, "fair_value": 213.86872, "relative_strength": -41.718885, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.155827, "energy": 58.961292, "activity_lines": [ 166.636666, 169.215454, 173.450206, 182.201018 ] }, { "date": "2026-08-07", "close": 172.25, "volume": 2187, "typical_volume": 790.25, "trend": 196.091921, "fair_value": 213.922904, "relative_strength": -40.810782, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.361517, "energy": 51.2897, "activity_lines": [ 168.073333, 169.374545, 172.86613, 180.449001 ] } ], "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." } } }