{ "ticker": { "uuid": "f23638fd-053d-4b34-b751-f25a67310c62", "symbol": "BUR", "name": "Burelle 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 64.052, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -55.879, "architecture_energy": 63.459, "architecture_maturity": 9.198, "architecture_confidence": 68.813, "architecture_tenure": "New", "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": 17.53, "rotation_up": 7.07, "upward_expansion": 20.02, "deceleration": 44.18, "rotation_down": 76.58, "downward_expansion": 86.02 }, "activity_lines": [ 375.466667, 380.618182, 389.135219, 388.873457 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 375.0, "trend_reference": 390.613353, "distance_from_trend": -0.039971, "trend_direction": "Weakening", "fair_value": 363.575266, "distance_from_fair_value": 0.031423, "fair_value_direction": "Weakening", "relative_strength": -9.567283, "relative_strength_direction": "Weakening", "price_momentum": -0.056182, "excess_performance": -0.109493, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.039971, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.005178, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.031423, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.066232, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.095673, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.145169, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.056182, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.30005, "read": "Demand-led" } ], "volume": { "latest": 491, "relative_activity": 0.992922, "balance": 1.30005, "dry_up": 1.222952, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.034066, "annualized_volatility": 0.225227, "from_high_reference": -0.141876, "from_low_reference": 0.100678 }, "levels": { "trend_reference": 390.613353, "fair_value_reference": 363.575266, "structural_low": 340.699072, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 34, "median_return": 0.005051, "positive_rate": 0.5, "directional_follow_through": 0.470588, "median_excess_return": -0.015201, "regime_survival": 0.794118, "best_return": 0.179954, "worst_return": -0.091216, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": -0.048649, "positive_rate": 0.384615, "directional_follow_through": 0.615385, "median_excess_return": -0.070341, "regime_survival": 0.692308, "best_return": 0.265642, "worst_return": -0.175595, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.09795, "positive_rate": 0.142857, "directional_follow_through": 0.857143, "median_excess_return": -0.11729, "regime_survival": 0.571429, "best_return": 0.215934, "worst_return": -0.250707, "sufficient": true }, 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395.173316, 394.369285 ] }, { "date": "2026-07-10", "close": 381.0, "volume": 370, "typical_volume": 539.0, "trend": 394.386736, "fair_value": 365.831387, "relative_strength": -4.599915, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.352841, "energy": 28.813425, "activity_lines": [ 387.0, 395.839293, 394.207236, 393.487034 ] }, { "date": "2026-07-17", "close": 377.0, "volume": 310, "typical_volume": 513.55, "trend": 393.837288, "fair_value": 365.393541, "relative_strength": -5.59275, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.623364, "energy": 52.926224, "activity_lines": [ 382.2, 391.546919, 392.969919, 392.36531 ] }, { "date": "2026-07-24", "close": 378.0, "volume": 558, "typical_volume": 493.2, "trend": 393.193212, "fair_value": 364.871125, "relative_strength": -5.625915, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.996683, "energy": 61.045536, "activity_lines": [ 379.6, 387.893106, 391.974883, 391.343549 ] }, { "date": "2026-07-31", "close": 372.0, "volume": 1060, "typical_volume": 504.7, "trend": 392.093212, "fair_value": 364.242011, "relative_strength": -8.378247, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.644059, "energy": 67.450423, "activity_lines": [ 376.4, 383.709091, 390.427309, 389.976245 ] }, { "date": "2026-08-07", "close": 375.0, "volume": 491, "typical_volume": 494.5, "trend": 390.613353, "fair_value": 363.575266, "relative_strength": -9.567283, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.879089, "energy": 63.459158, "activity_lines": [ 375.466667, 380.618182, 389.135219, 388.873457 ] } ], "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." } } }