{ "ticker": { "uuid": "e08f822f-87c3-462f-bf75-401de2e264c9", "symbol": "VVD", "name": "Veolia Environnement SA", "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": 40.739, "architecture_energy": 30.252, "architecture_maturity": 90.936, "architecture_confidence": 87.025, "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": 27.09, "rotation_up": 31.44, "upward_expansion": 64.72, "deceleration": 88.33, "rotation_down": 30.38, "downward_expansion": 19.39 }, "activity_lines": [ 35.682667, 36.042364, 35.536823, 34.754066 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 35.23, "trend_reference": 33.577864, "distance_from_trend": 0.049203, "trend_direction": "Improving", "fair_value": 28.020824, "distance_from_fair_value": 0.257279, "fair_value_direction": "Weakening", "relative_strength": 4.336028, "relative_strength_direction": "Weakening", "price_momentum": 0.147909, "excess_performance": 0.08327, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.049203, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.085016, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.257279, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.008724, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.04336, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.104597, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.147909, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.939986, "read": "Supply-led" } ], "volume": { "latest": 30705, "relative_activity": 2.212638, "balance": 0.939986, "dry_up": 1.678413, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.030416, "annualized_volatility": 0.251853, "from_high_reference": -0.063281, "from_low_reference": 0.337001 }, "levels": { "trend_reference": 33.577864, "fair_value_reference": 28.020824, "structural_low": 28.889198, 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36.619999, "volume": 29874, "typical_volume": 14520.35, "trend": 33.190684, "fair_value": 27.887968, "relative_strength": 14.236122, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.838773, "energy": 65.606272, "activity_lines": [ 36.884, 36.454364, 35.465512, 34.551318 ] }, { "date": "2026-07-31", "close": 34.48, "volume": 21079, "typical_volume": 14766.95, "trend": 33.376725, "fair_value": 27.952611, "relative_strength": 5.100689, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.255123, "energy": 40.915665, "activity_lines": [ 36.101333, 36.178182, 35.4724, 34.6345 ] }, { "date": "2026-08-07", "close": 35.23, "volume": 30705, "typical_volume": 13877.1, "trend": 33.577864, "fair_value": 28.020824, "relative_strength": 4.336028, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.738754, "energy": 30.251551, "activity_lines": [ 35.682667, 36.042364, 35.536823, 34.754066 ] } ], "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." } } }