{ "ticker": { "uuid": "c5128c33-dc22-409c-b0bc-28429c7ee155", "symbol": "LR", "name": "Legrand 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": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 89.435, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -29.689, "architecture_energy": 46.742, "architecture_maturity": 4.421, "architecture_confidence": 62.91, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 41.13, "rotation_up": 17.91, "upward_expansion": 17.85, "deceleration": 44.25, "rotation_down": 61.01, "downward_expansion": 57.18 }, "activity_lines": [ 135.93333, 138.339089, 141.788803, 141.839154 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 140.199997, "trend_reference": 140.942457, "distance_from_trend": -0.005268, "trend_direction": "Improving", "fair_value": 108.433054, "distance_from_fair_value": 0.292964, "fair_value_direction": "Weakening", "relative_strength": -4.521058, "relative_strength_direction": "Weakening", "price_momentum": 0.011559, "excess_performance": -0.041752, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.005268, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.034744, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.292964, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.192813, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.045211, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.214171, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.011559, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.340686, "read": "Supply-led" } ], "volume": { "latest": 2783680, "relative_activity": 1.27712, "balance": 0.340686, "dry_up": 1.466603, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.061333, "annualized_volatility": 0.357413, "from_high_reference": -0.146582, "from_low_reference": 0.168332 }, "levels": { "trend_reference": 140.942457, "fair_value_reference": 108.433054, "structural_low": 125.658168, 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"2026-07-10", "close": 140.699997, "volume": 2873085, "typical_volume": 2174498.5, "trend": 139.557053, "fair_value": 107.175032, "relative_strength": 0.039955, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.183817, "energy": 6.626641, "activity_lines": [ 143.22, 144.235707, 144.61202, 143.088709 ] }, { "date": "2026-07-17", "close": 135.399994, "volume": 3159496, "typical_volume": 2184301.85, "trend": 139.945741, "fair_value": 107.495117, "relative_strength": -3.78638, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -5.864823, "energy": 12.572103, "activity_lines": [ 140.749998, 142.317056, 143.861176, 142.820512 ] }, { "date": "2026-07-24", "close": 134.300003, "volume": 2486639, "typical_volume": 2110677.6, "trend": 140.246922, "fair_value": 107.804157, "relative_strength": -4.99124, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.958396, "energy": 36.110557, "activity_lines": [ 137.789999, 140.536546, 143.081714, 142.456271 ] }, { "date": "2026-07-31", "close": 130.899994, "volume": 4356940, "typical_volume": 2200125.8, "trend": 140.41837, "fair_value": 108.088253, "relative_strength": -8.745809, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.240732, "energy": 50.180519, "activity_lines": [ 134.843331, 138.417271, 141.983444, 141.853243 ] }, { "date": "2026-08-07", "close": 140.199997, "volume": 2783680, "typical_volume": 2179654.75, "trend": 140.942457, "fair_value": 108.433054, "relative_strength": -4.521058, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.688889, "energy": 46.742476, "activity_lines": [ 135.93333, 138.339089, 141.788803, 141.839154 ] } ], "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." } } }