{ "ticker": { "uuid": "ec4a4adb-e650-4763-a61f-6e39055356eb", "symbol": "FP", "name": "TotalEnergies SE", "exchange": "VIE", "country": "AT", "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": "^ATX", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 73.501, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "up", "architecture_direction": 35.415, "architecture_energy": 33.696, "architecture_maturity": 62.986, "architecture_confidence": 50.424, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 40.54, "rotation_up": 60.45, "upward_expansion": 65.63, "deceleration": 68.03, "rotation_down": 11.8, "downward_expansion": 13.63 }, "activity_lines": [ 74.227333, 72.399035, 73.308788, 73.113955 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 74.139999, "trend_reference": 71.158199, "distance_from_trend": 0.041904, "trend_direction": "Improving", "fair_value": 56.278203, "distance_from_fair_value": 0.317384, "fair_value_direction": "Weakening", "relative_strength": -2.888875, "relative_strength_direction": "Weakening", "price_momentum": 0.195811, "excess_performance": 0.021564, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.041904, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.09432, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.317384, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.068148, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.028889, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.148281, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.195811, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.381322, "read": "Demand-led" } ], "volume": { "latest": 1509, "relative_activity": 0.581368, "balance": 1.381322, "dry_up": 0.982335, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.045319, "annualized_volatility": 0.279439, "from_high_reference": -0.091533, "from_low_reference": 0.566582 }, "levels": { "trend_reference": 71.158199, "fair_value_reference": 56.278203, "structural_low": 61.564406, "invalidation": "A 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68.481026, 71.035949, 73.241672, 71.876526 ] }, { "date": "2026-07-17", "close": 70.599998, "volume": 3055, "typical_volume": 3948.95, "trend": 69.061908, "fair_value": 55.732759, "relative_strength": -2.894802, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.649796, "energy": 55.559162, "activity_lines": [ 68.812701, 70.634102, 72.951197, 72.012705 ] }, { "date": "2026-07-24", "close": 75.980003, "volume": 3468, "typical_volume": 3303.85, "trend": 69.808497, "fair_value": 55.923585, "relative_strength": 2.815936, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 21.166417, "energy": 18.7082, "activity_lines": [ 71.238552, 71.287278, 73.154436, 72.459034 ] }, { "date": "2026-07-31", "close": 76.32, "volume": 2167, "typical_volume": 2925.85, "trend": 70.500222, "fair_value": 56.115611, "relative_strength": 3.086494, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 46.222607, "energy": 29.331178, "activity_lines": [ 73.392001, 72.031394, 73.346901, 72.879131 ] }, { "date": "2026-08-07", "close": 74.139999, "volume": 1509, "typical_volume": 2595.6, "trend": 71.158199, "fair_value": 56.278203, "relative_strength": -2.888875, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 35.415334, "energy": 33.696273, "activity_lines": [ 74.227333, 72.399035, 73.308788, 73.113955 ] } ], "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." } } }