{
  "ticker": {
    "uuid": "d19ec837-4009-4e05-8c70-57612c3db245",
    "symbol": "BYIT",
    "name": "Bytes Technology Group 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": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 71.125,
    "architecture_energy": 74.325,
    "architecture_maturity": 27.829,
    "architecture_confidence": 90.32,
    "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": 7.85,
        "rotation_up": 70.8,
        "upward_expansion": 91.88,
        "deceleration": 45.77,
        "rotation_down": 16.04,
        "downward_expansion": 16.21
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      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
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    "latest_close": 417.8,
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    "distance_from_trend": 0.222868,
    "trend_direction": "Improving",
    "fair_value": 450.02882,
    "distance_from_fair_value": -0.071615,
    "fair_value_direction": "Improving",
    "relative_strength": 7.606288,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.242713,
    "excess_performance": 0.176434,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.222868,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.036497,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.071615,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.246978,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.076063,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.298033,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.242713,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 6.11505,
        "read": "Demand-led"
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    ],
    "volume": {
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      "balance": 6.11505,
      "dry_up": 0.854688,
      "accumulation_observations": 3,
      "distribution_observations": 1
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    "risk": {
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      "annualized_volatility": 0.422262,
      "from_high_reference": -0.031891,
      "from_low_reference": 0.680611
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    "levels": {
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      "structural_low": 248.600006,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
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    "outcomes": [
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      },
      {
        "date": "2026-07-17",
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        "activity_lines": [
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 3362749.8,
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        "fair_value": 451.326261,
        "relative_strength": 8.725352,
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        "modifier": "Early expansion",
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        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 400.8,
        "volume": 4217874,
        "typical_volume": 3447243.15,
        "trend": 339.442472,
        "fair_value": 450.597438,
        "relative_strength": 3.456288,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.554246,
        "energy": 81.299888,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 417.8,
        "volume": 2143778,
        "typical_volume": 3246523.45,
        "trend": 341.655805,
        "fair_value": 450.02882,
        "relative_strength": 7.606288,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.124969,
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        "activity_lines": [
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      }
    ],
    "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."
    }
  }
}