{ "ticker": { "uuid": "e2802dac-1409-4051-b458-86ece14e4b81", "symbol": "RCH", "name": "Reach 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": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -72.235, "architecture_energy": 78.035, "architecture_maturity": 32.069, "architecture_confidence": 83.085, "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": 20.21, "rotation_up": 11.73, "upward_expansion": 19.92, "deceleration": 34.27, "rotation_down": 72.43, "downward_expansion": 88.59 }, "activity_lines": [ 0.45376, 0.484724, 0.509548, 0.529107 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 0.4275, "trend_reference": 0.552225, "distance_from_trend": -0.225858, "trend_direction": "Weakening", "fair_value": 0.627471, "distance_from_fair_value": -0.318694, "fair_value_direction": "Weakening", "relative_strength": -29.700328, "relative_strength_direction": "Weakening", "price_momentum": -0.279744, "excess_performance": -0.330979, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.225858, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.005362, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.318694, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.131415, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.297003, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.103423, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.279744, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.773769, "read": "Supply-led" } ], "volume": { "latest": 6948359, "relative_activity": 0.873469, "balance": 0.773769, "dry_up": 2.696237, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.122153, "annualized_volatility": 0.616351, "from_high_reference": -0.390553, "from_low_reference": 0.100652 }, "levels": { "trend_reference": 0.552225, "fair_value_reference": 0.627471, "structural_low": 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"volume": 42787243, "typical_volume": 6779218.55, "trend": 0.557577, "fair_value": 0.629545, "relative_strength": -33.800742, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.621096, "energy": 42.692779, "activity_lines": [ 0.501893, 0.514132, 0.529172, 0.54459 ] }, { "date": "2026-07-31", "close": 0.4455, "volume": 28178272, "typical_volume": 7790359.05, "trend": 0.555402, "fair_value": 0.628363, "relative_strength": -27.292672, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.125334, "energy": 62.931849, "activity_lines": [ 0.478661, 0.500351, 0.519927, 0.537359 ] }, { "date": "2026-08-07", "close": 0.4275, "volume": 6948359, "typical_volume": 7954903.95, "trend": 0.552225, "fair_value": 0.627471, "relative_strength": -29.700328, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.23477, "energy": 78.035256, "activity_lines": [ 0.45376, 0.484724, 0.509548, 0.529107 ] } ], "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." } } }