{ "ticker": { "uuid": "ce4dd222-d40e-4bd3-828e-b6b135207755", "symbol": "PAGE", "name": "PageGroup 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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Emerging rotation", "architecture_gate": "mixed", "architecture_direction": 49.745, "architecture_energy": 78.996, "architecture_maturity": 28.0, "architecture_confidence": 72.115, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 19.01, "rotation_up": 78.27, "upward_expansion": 59.84, "deceleration": 18.58, "rotation_down": 14.0, "downward_expansion": 32.5 }, "activity_lines": [ 179.706667, 157.412727, 142.691077, 144.430003 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 194.2, "trend_reference": 155.098738, "distance_from_trend": 0.252106, "trend_direction": "Weakening", "fair_value": 318.023589, "distance_from_fair_value": -0.389353, "fair_value_direction": "Improving", "relative_strength": -7.088095, "relative_strength_direction": "Improving", "price_momentum": -0.054284, "excess_performance": -0.120563, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.252106, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.162392, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.389353, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.211558, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.070881, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.360804, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.054284, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 3.438813, "read": "Demand-led" } ], "volume": { "latest": 5358918, "relative_activity": 1.055399, "balance": 3.438813, "dry_up": 1.518245, "accumulation_observations": 6, "distribution_observations": 2 }, "risk": { "range_context": 0.082939, "annualized_volatility": 0.65984, "from_high_reference": -0.31151, "from_low_reference": 0.867308 }, "levels": { "trend_reference": 155.098738, "fair_value_reference": 318.023589, "structural_low": 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"relative_strength": -39.356498, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.046491, "energy": 55.027427, "activity_lines": [ 118.5, 119.008451, 124.721685, 138.947116 ] }, { "date": "2026-07-17", "close": 163.9, "volume": 13445399, "typical_volume": 5043013.75, "trend": 159.379526, "fair_value": 323.052279, "relative_strength": -22.309411, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -3.400294, "energy": 12.652101, "activity_lines": [ 133.88, 126.92, 127.583659, 139.094156 ] }, { "date": "2026-07-24", "close": 180.5, "volume": 7384758, "typical_volume": 5270138.6, "trend": 157.904789, "fair_value": 321.369381, "relative_strength": -14.474413, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 29.698006, "energy": 44.789242, "activity_lines": [ 152.213333, 137.354545, 132.180155, 140.456768 ] }, { "date": "2026-07-31", "close": 181.7, "volume": 4647225, "typical_volume": 5288375.8, "trend": 156.410067, "fair_value": 319.671139, "relative_strength": -13.725568, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 47.784327, "energy": 58.62527, "activity_lines": [ 166.326667, 146.825455, 136.923563, 141.991942 ] }, { "date": "2026-08-07", "close": 194.2, "volume": 5358918, "typical_volume": 5077621.55, "trend": 155.098738, "fair_value": 318.023589, "relative_strength": -7.088095, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 49.745101, "energy": 78.996394, "activity_lines": [ 179.706667, 157.412727, 142.691077, 144.430003 ] } ], "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." } } }