{ "ticker": { "uuid": "cef14cde-1ab6-4030-8caf-1903f72f906f", "symbol": "FORT", "name": "Forterra 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": -30.522, "architecture_energy": 19.039, "architecture_maturity": 94.092, "architecture_confidence": 80.887, "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": 28.95, "rotation_up": 30.11, "upward_expansion": 22.03, "deceleration": 43.7, "rotation_down": 28.31, "downward_expansion": 60.7 }, "activity_lines": [ 141.12, 138.57884, 141.02162, 147.137375 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 149.8, "trend_reference": 156.572443, "distance_from_trend": -0.043254, "trend_direction": "Weakening", "fair_value": 169.617007, "distance_from_fair_value": -0.116834, "fair_value_direction": "Weakening", "relative_strength": -18.165826, "relative_strength_direction": "Improving", "price_momentum": -0.174847, "excess_performance": -0.226082, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.043254, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.086359, "read": "Falling" 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"downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.135931, "energy": 41.963598, "activity_lines": [ 135.666667, 135.637706, 142.745028, 150.570422 ] }, { "date": "2026-07-24", "close": 135.2, "volume": 1966362, "typical_volume": 2779932.65, "trend": 159.241846, "fair_value": 170.052247, "relative_strength": -26.442776, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.332934, "energy": 41.792818, "activity_lines": [ 135.466667, 135.297718, 141.43081, 148.915805 ] }, { "date": "2026-07-31", "close": 139.6, "volume": 9503228, "typical_volume": 3102253.6, "trend": 157.723816, "fair_value": 169.809621, "relative_strength": -24.209955, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.630667, "energy": 36.707809, "activity_lines": [ 136.64, 136.033223, 140.693479, 147.648589 ] }, { "date": "2026-08-07", "close": 149.8, "volume": 4215964, "typical_volume": 3117096.8, "trend": 156.572443, "fair_value": 169.617007, "relative_strength": -18.165826, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.522263, "energy": 19.03924, "activity_lines": [ 141.12, 138.57884, 141.02162, 147.137375 ] } ], "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." } } }