{ "ticker": { "uuid": "c66f077f-6d53-48a8-a711-f7739b062acd", "symbol": "SMJ", "name": "J. Smart & Co. (Contractors) PLC", "exchange": "LSE", "country": "GB", "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": "^FTSE", "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": -40.381, "architecture_energy": 26.273, "architecture_maturity": 60.977, "architecture_confidence": 71.0, "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": 32.89, "rotation_up": 22.14, "upward_expansion": 8.94, "deceleration": 64.12, "rotation_down": 44.01, "downward_expansion": 70.27 }, "activity_lines": [ 112.5, 112.727273, 112.618346, 114.432786 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 112.5, "trend_reference": 118.327916, "distance_from_trend": -0.049252, "trend_direction": "Weakening", "fair_value": 126.626377, "distance_from_fair_value": -0.11156, "fair_value_direction": "Improving", "relative_strength": -15.771597, "relative_strength_direction": "Improving", "price_momentum": -0.150869, "excess_performance": -0.202105, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.049252, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.05264, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.11156, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.048768, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.157716, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.01234, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.150869, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.162384, "read": "Supply-led" } ], "volume": { "latest": 5000, "relative_activity": 0.308382, "balance": 0.162384, "dry_up": 0.803829, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.03188, "annualized_volatility": 0.161069, "from_high_reference": -0.196358, "from_low_reference": 0.061321 }, "levels": { "trend_reference": 118.327916, "fair_value_reference": 126.626377, 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112.225496, 115.661468, 119.567568 ] }, { "date": "2026-06-12", "close": 112.5, "volume": 16000, "typical_volume": 17616.35, "trend": 123.571778, "fair_value": 129.347295, "relative_strength": -15.29905, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.600893, "energy": 40.042861, "activity_lines": [ 112.666667, 112.271664, 114.935996, 118.810323 ] }, { "date": "2026-06-19", "close": 112.5, "volume": 6531, "typical_volume": 17595.05, "trend": 122.90626, "fair_value": 129.005177, "relative_strength": -14.046025, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.916031, "energy": 38.814409, "activity_lines": [ 112.5, 112.317654, 114.305707, 118.096014 ] }, { "date": "2026-06-26", "close": 112.5, "volume": 936, "typical_volume": 16606.05, "trend": 122.240742, "fair_value": 128.663059, "relative_strength": -14.849969, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.1378, "energy": 39.888988, "activity_lines": [ 112.5, 112.408916, 113.770602, 117.424643 ] }, { "date": "2026-07-03", "close": 115.0, "volume": 61, "typical_volume": 16514.05, "trend": 121.658558, "fair_value": 128.336967, "relative_strength": -13.979371, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.297202, "energy": 30.438947, "activity_lines": [ 113.333333, 112.954545, 113.568775, 116.957498 ] }, { "date": "2026-07-10", "close": 112.5, "volume": 96482, "typical_volume": 21338.1, "trend": 120.99304, "fair_value": 127.994849, "relative_strength": -14.036176, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.650606, "energy": 28.596393, "activity_lines": [ 113.166667, 112.954545, 113.21213, 116.366623 ] }, { "date": "2026-07-17", "close": 112.5, "volume": 18169, "typical_volume": 18911.05, "trend": 120.326759, "fair_value": 127.652731, "relative_strength": -14.512431, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.822234, "energy": 27.327659, "activity_lines": [ 113.0, 112.909091, 112.950669, 115.818685 ] }, { "date": "2026-07-24", "close": 112.5, "volume": 11600, "typical_volume": 18991.05, "trend": 119.660478, "fair_value": 127.310613, "relative_strength": -15.242468, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.584102, "energy": 23.304643, "activity_lines": [ 112.833333, 112.818182, 112.772487, 115.313733 ] }, { "date": "2026-07-31", "close": 112.5, "volume": 17363, "typical_volume": 17019.25, "trend": 118.994197, "fair_value": 126.968495, "relative_strength": -15.894646, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.886744, "energy": 27.361172, "activity_lines": [ 112.666667, 112.772727, 112.677585, 114.851767 ] }, { "date": "2026-08-07", "close": 112.5, "volume": 5000, "typical_volume": 16213.65, "trend": 118.327916, "fair_value": 126.626377, "relative_strength": -15.771597, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.381072, "energy": 26.27262, "activity_lines": [ 112.5, 112.727273, 112.618346, 114.432786 ] } ], "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." } } }