{ "ticker": { "uuid": "c1c225b7-d241-48f3-81f8-015c5b699c04", "symbol": "SBT", "name": "Oeneo 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 62.277, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -7.771, "architecture_energy": 4.403, "architecture_maturity": 17.263, "architecture_confidence": 50.111, "architecture_tenure": "Developing", "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": 56.46, "rotation_up": 26.64, "upward_expansion": 28.75, "deceleration": 36.86, "rotation_down": 31.58, "downward_expansion": 50.75 }, "activity_lines": [ 9.110667, 9.097455, 9.08381, 9.117118 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 9.22, "trend_reference": 9.152, "distance_from_trend": 0.00743, "trend_direction": "Weakening", "fair_value": 9.733992, "distance_from_fair_value": -0.052804, "fair_value_direction": "Improving", "relative_strength": -5.889078, "relative_strength_direction": "Weakening", "price_momentum": -0.002165, "excess_performance": -0.055476, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.00743, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.002181, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.052804, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.039936, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.058891, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.03519, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.002165, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 20.189638, "read": "Demand-led" } ], "volume": { "latest": 1485, "relative_activity": 0.080351, "balance": 20.189638, "dry_up": 0.337476, "accumulation_observations": 4, "distribution_observations": 0 }, "risk": { "range_context": 0.026364, "annualized_volatility": 0.118304, "from_high_reference": -0.027426, "from_low_reference": 0.092417 }, "levels": { "trend_reference": 9.152, "fair_value_reference": 9.733992, "structural_low": 8.44, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 20, "median_return": 0.011018, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.003616, "regime_survival": 0.55, "best_return": 0.066901, "worst_return": -0.034351, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.012402, "positive_rate": 0.625, "directional_follow_through": 0.625, "median_excess_return": -0.020293, "regime_survival": 0.25, "best_return": 0.045296, "worst_return": -0.041019, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.01559, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.06416, "regime_survival": 0.4, "best_return": 0.064273, "worst_return": -0.074281, "sufficient": true }, { "horizon": "Full 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9.096095, 9.129763 ] }, { "date": "2026-07-24", "close": 8.9, "volume": 3056, "typical_volume": 102835.45, "trend": 9.156, "fair_value": 9.770867, "relative_strength": -5.860462, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.892843, "energy": 27.327114, "activity_lines": [ 9.022667, 9.046909, 9.072381, 9.112516 ] }, { "date": "2026-07-31", "close": 9.16, "volume": 18943, "typical_volume": 103435.1, "trend": 9.152667, "fair_value": 9.752237, "relative_strength": -4.444308, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.747509, "energy": 16.475956, "activity_lines": [ 9.056, 9.070182, 9.075048, 9.112774 ] }, { "date": "2026-08-07", "close": 9.22, "volume": 1485, "typical_volume": 18481.3, "trend": 9.152, "fair_value": 9.733992, "relative_strength": -5.889078, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.770501, "energy": 4.402632, "activity_lines": [ 9.110667, 9.097455, 9.08381, 9.117118 ] } ], "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." } } }