{ "ticker": { "uuid": "cb2b1dc2-9966-4756-afd7-10877172ae6b", "symbol": "FSG", "name": "Foresight Group Holdings Limited", "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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 82.047, "architecture_energy": 82.098, "architecture_maturity": 25.401, "architecture_confidence": 76.947, "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": 14.09, "rotation_up": 79.1, "upward_expansion": 93.54, "deceleration": 42.42, "rotation_down": 10.42, "downward_expansion": 17.87 }, "activity_lines": [ 480.5, 465.145455, 444.830952, 431.466494 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 503.0, "trend_reference": 421.797327, "distance_from_trend": 0.192516, "trend_direction": "Improving", "fair_value": 433.549388, "distance_from_fair_value": 0.160191, "fair_value_direction": "Improving", "relative_strength": 5.988925, "relative_strength_direction": "Improving", "price_momentum": 0.189125, "excess_performance": 0.122847, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.192516, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.009035, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.160191, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.211546, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.059889, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.163661, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.189125, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.269239, "read": "Demand-led" } ], "volume": { "latest": 2061112, "relative_activity": 1.65145, "balance": 1.269239, "dry_up": 1.453264, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.05938, "annualized_volatility": 0.322921, "from_high_reference": -0.001984, "from_low_reference": 0.959028 }, "levels": { "trend_reference": 421.797327, "fair_value_reference": 433.549388, "structural_low": 256.76001, 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"typical_volume": 1117196.0, "trend": 413.787062, "fair_value": 433.168945, "relative_strength": -1.683738, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.625475, "energy": 58.378699, "activity_lines": [ 441.333333, 434.272727, 419.266667, 415.108225 ] }, { "date": "2026-07-17", "close": 478.0, "volume": 2508401, "typical_volume": 1184899.15, "trend": 415.956251, "fair_value": 433.487251, "relative_strength": 2.773512, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.597756, "energy": 77.062607, "activity_lines": [ 455.333333, 443.354545, 425.928571, 419.250995 ] }, { "date": "2026-07-24", "close": 475.5, "volume": 1137214, "typical_volume": 1181275.65, "trend": 417.958789, "fair_value": 433.392703, "relative_strength": 1.21417, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.983401, "energy": 80.231336, "activity_lines": [ 465.433333, 450.763636, 432.052381, 423.092527 ] }, { "date": "2026-07-31", "close": 464.0, "volume": 1548328, "typical_volume": 1193414.2, "trend": 419.244721, "fair_value": 433.256439, "relative_strength": -2.098031, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.26244, "energy": 73.709667, "activity_lines": [ 468.266667, 454.827273, 436.77381, 426.062928 ] }, { "date": "2026-08-07", "close": 503.0, "volume": 2061112, "typical_volume": 1248062.05, "trend": 421.797327, "fair_value": 433.549388, "relative_strength": 5.988925, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.046555, "energy": 82.098369, "activity_lines": [ 480.5, 465.145455, 444.830952, 431.466494 ] } ], "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." } } }