{ "ticker": { "uuid": "be7cd576-eda6-4bcd-9791-9b2cb27ba39e", "symbol": "BMT", "name": "British American Tobacco p.l.c.", "exchange": "GER", "country": "DE", "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": "^GDAXI", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 67.937, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 29.551, "architecture_energy": 16.495, "architecture_maturity": 32.441, "architecture_confidence": 50.054, "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": 53.49, "rotation_up": 35.77, "upward_expansion": 64.04, "deceleration": 60.85, "rotation_down": 22.41, "downward_expansion": 9.71 }, "activity_lines": [ 53.053333, 53.063393, 52.7005, 52.156255 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 51.599998, "trend_reference": 51.5003, "distance_from_trend": 0.001936, "trend_direction": "Improving", "fair_value": 36.276337, "distance_from_fair_value": 0.422415, "fair_value_direction": "Weakening", "relative_strength": -2.817833, "relative_strength_direction": "Weakening", "price_momentum": -0.014436, "excess_performance": -0.079076, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.001936, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.038541, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.422415, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.039273, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.028178, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.093862, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.014436, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.035865, "read": "Demand-led" } ], "volume": { "latest": 474352, "relative_activity": 1.323563, "balance": 1.035865, "dry_up": 1.247161, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.069649, "annualized_volatility": 0.348315, "from_high_reference": -0.099791, "from_low_reference": 0.250367 }, "levels": { "trend_reference": 51.5003, "fair_value_reference": 36.276337, "structural_low": 47.0, 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"trend": 51.324632, "fair_value": 36.103716, "relative_strength": 3.490374, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.490812, "energy": 28.632129, "activity_lines": [ 53.727386, 53.299318, 52.729365, 52.138489 ] }, { "date": "2026-08-07", "close": 51.599998, "volume": 474352, "typical_volume": 358390.25, "trend": 51.5003, "fair_value": 36.276337, "relative_strength": -2.817833, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.550655, "energy": 16.494921, "activity_lines": [ 53.053333, 53.063393, 52.7005, 52.156255 ] } ], "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." } } }