{
  "ticker": {
    "uuid": "e3722cdc-f928-4fe9-af1b-74c4ee9c779c",
    "symbol": "WLN",
    "name": "Worldline SA",
    "exchange": "PAR",
    "country": "FR",
    "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": "^FCHI",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4c",
    "phase_label": "Stage 4C \u00b7 Repair watch",
    "transition": "stage_4_to_1_watch",
    "transition_label": "Stage 4 \u2192 1 repair watch",
    "confidence": 64.408,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -17.852,
    "architecture_energy": 10.082,
    "architecture_maturity": 40.889,
    "architecture_confidence": 87.262,
    "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": 44.46,
        "rotation_up": 30.64,
        "upward_expansion": 16.93,
        "deceleration": 39.69,
        "rotation_down": 30.36,
        "downward_expansion": 64.59
      },
      "activity_lines": [
        11.459467,
        11.097745,
        11.276286,
        11.63789
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      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.333333
    },
    "latest_close": 12.6,
    "trend_reference": 12.376899,
    "distance_from_trend": 0.018026,
    "trend_direction": "Weakening",
    "fair_value": 78.094732,
    "distance_from_fair_value": -0.838657,
    "fair_value_direction": "Improving",
    "relative_strength": -29.810539,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.059106,
    "excess_performance": -0.112418,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.018026,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.125453,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.838657,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.057192,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.298105,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.256353,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.059106,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.013991,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 2890119,
      "relative_activity": 1.244333,
      "balance": 1.013991,
      "dry_up": 1.070697,
      "accumulation_observations": 4,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.1329,
      "annualized_volatility": 0.82919,
      "from_high_reference": -0.636001,
      "from_low_reference": 0.392265
    },
    "levels": {
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      "fair_value_reference": 78.094732,
      "structural_low": 9.05,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
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        "sample_count": 49,
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        "median_excess_return": -0.051117,
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        "sufficient": true
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        "horizon": "Intermediate",
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      {
        "date": "2026-04-10",
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      {
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 2171563.45,
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        "fair_value": 84.627185,
        "relative_strength": -45.389508,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
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        "energy": 58.258967,
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          11.857395
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      },
      {
        "date": "2026-07-24",
        "close": 9.688,
        "volume": 1351544,
        "typical_volume": 2184205.55,
        "trend": 12.637477,
        "fair_value": 82.314692,
        "relative_strength": -46.594036,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.070891,
        "energy": 59.325822,
        "activity_lines": [
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          11.652153
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      },
      {
        "date": "2026-07-31",
        "close": 12.302,
        "volume": 2724832,
        "typical_volume": 2231521.95,
        "trend": 12.485603,
        "fair_value": 80.154741,
        "relative_strength": -31.549906,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.305259,
        "energy": 26.708342,
        "activity_lines": [
          10.8088,
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          11.150029,
          11.630509
        ]
      },
      {
        "date": "2026-08-07",
        "close": 12.6,
        "volume": 2890119,
        "typical_volume": 2322625.4,
        "trend": 12.376899,
        "fair_value": 78.094732,
        "relative_strength": -29.810539,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -17.851958,
        "energy": 10.082056,
        "activity_lines": [
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          11.097745,
          11.276286,
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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."
    }
  }
}