{ "ticker": { "uuid": "c39f29c0-bdd9-465f-aaf7-73db0ac9e21b", "symbol": "ITP", "name": "Interparfums 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": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 41.985, "architecture_energy": 26.265, "architecture_maturity": 49.533, "architecture_confidence": 77.1, "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": 35.07, "rotation_up": 37.15, "upward_expansion": 64.68, "deceleration": 84.58, "rotation_down": 24.6, "downward_expansion": 14.68 }, "activity_lines": [ 24.721334, 24.870407, 24.120362, 23.506044 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 24.82, "trend_reference": 23.009774, "distance_from_trend": 0.078672, "trend_direction": "Improving", "fair_value": 30.500431, "distance_from_fair_value": -0.186241, "fair_value_direction": "Improving", "relative_strength": -3.448248, "relative_strength_direction": "Improving", "price_momentum": 0.082243, "excess_performance": 0.028932, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.078672, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.025463, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.186241, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.132506, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.034482, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.120958, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.082243, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.035744, "read": "Demand-led" } ], "volume": { "latest": 209468, "relative_activity": 0.643668, "balance": 3.035744, "dry_up": 0.894723, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.071687, "annualized_volatility": 0.307838, "from_high_reference": -0.175901, "from_low_reference": 0.242904 }, "levels": { "trend_reference": 23.009774, "fair_value_reference": 30.500431, "structural_low": 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expansion", "gate": "up", "direction": 71.741105, "energy": 65.724695, "activity_lines": [ 25.560952, 24.975498, 23.733569, 23.242912 ] }, { "date": "2026-07-24", "close": 23.5, "volume": 451134, "typical_volume": 327071.15, "trend": 22.917614, "fair_value": 30.751098, "relative_strength": -6.033778, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.27325, "energy": 42.199322, "activity_lines": [ 24.990857, 24.843481, 23.801857, 23.282368 ] }, { "date": "2026-07-31", "close": 24.540001, "volume": 274774, "typical_volume": 328187.15, "trend": 22.975396, "fair_value": 30.62054, "relative_strength": -2.855552, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.760134, "energy": 31.494287, "activity_lines": [ 24.82235, 24.858043, 23.957056, 23.387038 ] }, { "date": "2026-08-07", "close": 24.82, "volume": 209468, "typical_volume": 325428.55, "trend": 23.009774, "fair_value": 30.500431, "relative_strength": -3.448248, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.984839, "energy": 26.264598, "activity_lines": [ 24.721334, 24.870407, 24.120362, 23.506044 ] } ], "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." } } }