{
  "ticker": {
    "uuid": "d11f27a8-cebd-4c47-948c-1d2fd39b9ca9",
    "symbol": "RUI",
    "name": "Rubis",
    "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": "3b",
    "phase_label": "Stage 3B \u00b7 Distribution",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 94.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -19.942,
    "architecture_energy": 18.833,
    "architecture_maturity": 50.612,
    "architecture_confidence": 58.101,
    "architecture_tenure": "Developing",
    "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": 54.32,
        "rotation_up": 38.52,
        "upward_expansion": 22.21,
        "deceleration": 40.3,
        "rotation_down": 23.02,
        "downward_expansion": 56.21
      },
      "activity_lines": [
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      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.0
    },
    "latest_close": 33.400002,
    "trend_reference": 33.546594,
    "distance_from_trend": -0.00437,
    "trend_direction": "Improving",
    "fair_value": 26.56882,
    "distance_from_fair_value": 0.257113,
    "fair_value_direction": "Weakening",
    "relative_strength": -4.142106,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.04298,
    "excess_performance": -0.096291,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.00437,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.00467,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.257113,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.039919,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.041421,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.084898,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.04298,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.673496,
        "read": "Supply-led"
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    ],
    "volume": {
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      "relative_activity": 0.919218,
      "balance": 0.673496,
      "dry_up": 0.678724,
      "accumulation_observations": 1,
      "distribution_observations": 2
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    "risk": {
      "range_context": 0.030568,
      "annualized_volatility": 0.247354,
      "from_high_reference": -0.092391,
      "from_low_reference": 0.217201
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    "levels": {
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      "fair_value_reference": 26.56882,
      "structural_low": 30.98,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
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    "outcomes": [
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        "date": "2026-04-17",
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        "modifier": "Recompressing",
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      },
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        "date": "2026-04-24",
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      {
        "date": "2026-05-01",
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      },
      {
        "date": "2026-05-08",
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      },
      {
        "date": "2026-05-15",
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        "regime": "balance",
        "modifier": "Upper balance after advance",
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      },
      {
        "date": "2026-05-22",
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      },
      {
        "date": "2026-05-29",
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      },
      {
        "date": "2026-06-05",
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      },
      {
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      },
      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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        "typical_volume": 917602.15,
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        "fair_value": 26.135172,
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        "stage": 3,
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 921022.65,
        "trend": 33.445261,
        "fair_value": 26.213292,
        "relative_strength": -5.479078,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.768221,
        "energy": 68.619774,
        "activity_lines": [
          31.911505,
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      },
      {
        "date": "2026-07-17",
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        "volume": 398714,
        "typical_volume": 893160.95,
        "trend": 33.461261,
        "fair_value": 26.296992,
        "relative_strength": -2.769005,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.029769,
        "energy": 70.3807,
        "activity_lines": [
          31.896,
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          32.805692,
          33.200373
        ]
      },
      {
        "date": "2026-07-24",
        "close": 32.720001,
        "volume": 435860,
        "typical_volume": 852477.55,
        "trend": 33.494594,
        "fair_value": 26.381267,
        "relative_strength": -2.04564,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.813587,
        "energy": 58.726067,
        "activity_lines": [
          32.124,
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          32.76256,
          33.15255
        ]
      },
      {
        "date": "2026-07-31",
        "close": 33.439999,
        "volume": 529114,
        "typical_volume": 822011.2,
        "trend": 33.529261,
        "fair_value": 26.476621,
        "relative_strength": -1.642678,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -31.38885,
        "energy": 20.423921,
        "activity_lines": [
          32.628,
          32.536131,
          32.799998,
          33.149028
        ]
      },
      {
        "date": "2026-08-07",
        "close": 33.400002,
        "volume": 698080,
        "typical_volume": 759427.85,
        "trend": 33.546594,
        "fair_value": 26.56882,
        "relative_strength": -4.142106,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -19.941838,
        "energy": 18.833215,
        "activity_lines": [
          32.992001,
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          32.83239,
          33.140688
        ]
      }
    ],
    "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."
    }
  }
}