{ "ticker": { "uuid": "e746c46c-455b-4cc7-97fb-b4f49d28f998", "symbol": "MALT", "name": "Malteries Franco-Belges Soci\u00e9t\u00e9 Anonyme", "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": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -72.324, "architecture_energy": 66.023, "architecture_maturity": 32.578, "architecture_confidence": 94.886, "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": 7.66, "rotation_up": 23.7, "upward_expansion": 12.43, "deceleration": 46.08, "rotation_down": 62.48, "downward_expansion": 88.09 }, "activity_lines": [ 834.0, 838.454545, 846.666667, 859.956989 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": -0.833333 }, "latest_close": 830.0, "trend_reference": 878.5, "distance_from_trend": -0.055208, "trend_direction": "Weakening", "fair_value": 759.812299, "distance_from_fair_value": 0.092375, "fair_value_direction": "Weakening", "relative_strength": -11.904974, "relative_strength_direction": "Weakening", "price_momentum": -0.102703, "excess_performance": -0.156014, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.055208, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.017565, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.092375, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.073273, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.11905, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.071426, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.102703, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.54902, "read": "Supply-led" } ], "volume": { "latest": 38, "relative_activity": 0.693431, "balance": 0.54902, "dry_up": 0.729927, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.016219, "annualized_volatility": 0.159683, "from_high_reference": -0.161616, "from_low_reference": 0.012195 }, "levels": { "trend_reference": 878.5, "fair_value_reference": 759.812299, "structural_low": 820.0, 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-68.750759, "energy": 67.584003, "activity_lines": [ 842.333333, 845.818182, 855.309524, 869.867255 ] }, { "date": "2026-07-24", "close": 835.0, "volume": 69, "typical_volume": 58.65, "trend": 884.702334, "fair_value": 756.494348, "relative_strength": -8.438975, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.17268, "energy": 62.169358, "activity_lines": [ 839.666667, 843.181818, 852.238095, 866.496925 ] }, { "date": "2026-07-31", "close": 835.0, "volume": 32, "typical_volume": 55.9, "trend": 881.666667, "fair_value": 758.153565, "relative_strength": -9.55577, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.791969, "energy": 71.074241, "activity_lines": [ 837.333333, 841.090909, 849.47619, 863.290323 ] }, { "date": "2026-08-07", "close": 830.0, "volume": 38, "typical_volume": 54.8, "trend": 878.5, "fair_value": 759.812299, "relative_strength": -11.904974, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.323585, "energy": 66.022813, "activity_lines": [ 834.0, 838.454545, 846.666667, 859.956989 ] } ], "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." } } }