{ "ticker": { "uuid": "f71b889f-1d6b-4753-b416-06aa16952666", "symbol": "CMCX", "name": "CMC Markets 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": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 66.748, "architecture_energy": 67.253, "architecture_maturity": 99.371, "architecture_confidence": 79.365, "architecture_tenure": "Extended", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 7.36, "rotation_up": 72.8, "upward_expansion": 85.33, "deceleration": 66.24, "rotation_down": 13.0, "downward_expansion": 12.0 }, "activity_lines": [ 695.866667, 655.167995, 557.290303, 500.006855 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 690.0, "trend_reference": 433.397413, "distance_from_trend": 0.592072, "trend_direction": "Improving", "fair_value": 265.983653, "distance_from_fair_value": 1.594144, "fair_value_direction": "Improving", "relative_strength": 81.853365, "relative_strength_direction": "Improving", "price_momentum": 1.176656, "excess_performance": 1.125421, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.592072, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.332387, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.594144, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.942413, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.818534, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.512284, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 1.176656, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.842781, "read": "Demand-led" } ], "volume": { "latest": 1932599, "relative_activity": 1.190645, "balance": 1.842781, "dry_up": 1.431953, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.090646, "annualized_volatility": 0.710533, "from_high_reference": -0.083665, "from_low_reference": 2.399643 }, "levels": { "trend_reference": 433.397413, "fair_value_reference": 265.983653, "structural_low": 305.0, 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488.239195, 444.774097 ] }, { "date": "2026-07-24", "close": 723.0, "volume": 4037573, "typical_volume": 1577816.5, "trend": 408.66408, "fair_value": 258.973066, "relative_strength": 101.779786, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.452322, "energy": 92.403398, "activity_lines": [ 699.192553, 610.874264, 515.87766, 465.973188 ] }, { "date": "2026-07-31", "close": 667.0, "volume": 1930069, "typical_volume": 1617618.3, "trend": 420.81408, "fair_value": 262.384148, "relative_strength": 80.08588, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.188144, "energy": 87.848148, "activity_lines": [ 701.187813, 633.421129, 536.294696, 482.640022 ] }, { "date": "2026-08-07", "close": 690.0, "volume": 1932599, "typical_volume": 1623153.45, "trend": 433.397413, "fair_value": 265.983653, "relative_strength": 81.853365, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.747983, "energy": 67.253386, "activity_lines": [ 695.866667, 655.167995, 557.290303, 500.006855 ] } ], "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." } } }