{ "ticker": { "uuid": "d6f8eda3-2a98-4489-be4f-9d8e6c33de2a", "symbol": "SHEL", "name": "Shell 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": 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": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "up", "architecture_direction": 43.076, "architecture_energy": 37.539, "architecture_maturity": 20.761, "architecture_confidence": 56.795, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 40.22, "rotation_up": 65.8, "upward_expansion": 68.11, "deceleration": 63.01, "rotation_down": 9.03, "downward_expansion": 11.44 }, "activity_lines": [ 3289.9, 3186.4, 3176.930902, 3185.52983 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 3277.5, "trend_reference": 3138.504134, "distance_from_trend": 0.044287, "trend_direction": "Improving", "fair_value": 2727.159568, "distance_from_fair_value": 0.2018, "fair_value_direction": "Improving", "relative_strength": 2.145509, "relative_strength_direction": "Weakening", "price_momentum": 0.181512, "excess_performance": 0.130277, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.044287, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.043845, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.2018, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.035235, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.021455, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.015034, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.181512, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.553074, "read": "Demand-led" } ], "volume": { "latest": 52168116, "relative_activity": 1.289403, "balance": 1.553074, "dry_up": 1.158746, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.060436, "annualized_volatility": 0.272873, "from_high_reference": -0.087474, "from_low_reference": 0.283633 }, "levels": { "trend_reference": 3138.504134, "fair_value_reference": 2727.159568, "structural_low": 2559.5, "invalidation": "A 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2715.223838, "relative_strength": 4.751162, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 32.403811, "energy": 16.847803, "activity_lines": [ 3151.2, 3110.7, 3156.622907, 3156.669103 ] }, { "date": "2026-07-31", "close": 3383.5, "volume": 43222876, "typical_volume": 42694011.65, "trend": 3117.237866, "fair_value": 2721.620313, "relative_strength": 5.832119, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 43.539888, "energy": 33.68836, "activity_lines": [ 3254.4, 3159.809091, 3171.863338, 3175.190338 ] }, { "date": "2026-08-07", "close": 3277.5, "volume": 52168116, "typical_volume": 40459125.9, "trend": 3138.504134, "fair_value": 2727.159568, "relative_strength": 2.145509, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 43.075956, "energy": 37.538812, "activity_lines": [ 3289.9, 3186.4, 3176.930902, 3185.52983 ] } ], "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." } } }