{ "ticker": { "uuid": "da2a9669-e1b2-437b-8981-cc5fdd4b1942", "symbol": "HBC1", "name": "HSBC Holdings plc", "exchange": "GER", "country": "DE", "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": "^GDAXI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 67.754, "architecture_energy": 79.047, "architecture_maturity": 46.675, "architecture_confidence": 85.556, "architecture_tenure": "Established", "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": 6.97, "rotation_up": 77.27, "upward_expansion": 93.56, "deceleration": 45.41, "rotation_down": 11.16, "downward_expansion": 17.9 }, "activity_lines": [ 18.0464, 17.575818, 16.826945, 16.219126 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 17.924, "trend_reference": 15.472641, "distance_from_trend": 0.158432, "trend_direction": "Improving", "fair_value": 9.640409, "distance_from_fair_value": 0.859257, "fair_value_direction": "Improving", "relative_strength": 20.016829, "relative_strength_direction": "Weakening", "price_momentum": 0.233947, "excess_performance": 0.169307, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.158432, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.115556, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.859257, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.11741, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.200168, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.037383, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.233947, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.030241, "read": "Demand-led" } ], "volume": { "latest": 1547213, "relative_activity": 2.688238, "balance": 3.030241, "dry_up": 1.975668, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.039257, "annualized_volatility": 0.263362, "from_high_reference": -0.048721, "from_low_reference": 0.733775 }, "levels": { "trend_reference": 15.472641, "fair_value_reference": 9.640409, "structural_low": 12.915977, 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"activity_lines": [ 16.877334, 16.490568, 15.909513, 15.448065 ] }, { "date": "2026-07-17", "close": 17.542, "volume": 644040, "typical_volume": 571931.4, "trend": 14.966326, "fair_value": 9.403735, "relative_strength": 28.165623, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.607144, "energy": 91.347086, "activity_lines": [ 17.1684, 16.7412, 16.114989, 15.624328 ] }, { "date": "2026-07-24", "close": 18.195999, "volume": 1700295, "typical_volume": 587411.7, "trend": 15.140683, "fair_value": 9.482036, "relative_strength": 30.191922, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.133544, "energy": 94.51357, "activity_lines": [ 17.572267, 17.067818, 16.371966, 15.832694 ] }, { "date": "2026-07-31", "close": 18.524, "volume": 656827, "typical_volume": 550248.75, "trend": 15.317625, "fair_value": 9.562979, "relative_strength": 28.483561, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.07753, "energy": 93.794333, "activity_lines": [ 17.9756, 17.399745, 16.639676, 16.050973 ] }, { "date": "2026-08-07", "close": 17.924, "volume": 1547213, "typical_volume": 575549.1, "trend": 15.472641, "fair_value": 9.640409, "relative_strength": 20.016829, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.753814, "energy": 79.046669, "activity_lines": [ 18.0464, 17.575818, 16.826945, 16.219126 ] } ], "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." } } }