{
  "ticker": {
    "uuid": "f7fa556e-693d-4b6f-9c1b-d31a9a48c75e",
    "symbol": "WISE",
    "name": "Wise Group 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": 4,
    "stage_name": "Declining",
    "phase": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 69.548,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "mixed",
    "architecture_direction": -14.038,
    "architecture_energy": 10.152,
    "architecture_maturity": 14.506,
    "architecture_confidence": 52.329,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 59.63,
        "rotation_up": 32.33,
        "upward_expansion": 11.84,
        "deceleration": 53.2,
        "rotation_down": 34.33,
        "downward_expansion": 41.84
      },
      "activity_lines": [
        899.36,
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        916.299047,
        921.033978
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Stable",
      "price_acceptance": 0.0
    },
    "latest_close": 915.8,
    "trend_reference": 920.49,
    "distance_from_trend": -0.005095,
    "trend_direction": "Improving",
    "fair_value": 884.048717,
    "distance_from_fair_value": 0.035916,
    "fair_value_direction": "Weakening",
    "relative_strength": -10.586951,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.018687,
    "excess_performance": -0.032548,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.005095,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.000721,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.035916,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.191404,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.10587,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.117113,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.018687,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.808408,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 13771142,
      "relative_activity": 1.774662,
      "balance": 0.808408,
      "dry_up": 1.418699,
      "accumulation_observations": 3,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.109946,
      "annualized_volatility": 0.392827,
      "from_high_reference": -0.21323,
      "from_low_reference": 0.168112
    },
    "levels": {
      "trend_reference": 920.49,
      "fair_value_reference": 884.048717,
      "structural_low": 784.0,
      "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": 12,
        "median_return": 0.022087,
        "positive_rate": 0.583333,
        "directional_follow_through": 0.583333,
        "median_excess_return": 0.023751,
        "regime_survival": 0.5,
        "best_return": 0.179613,
        "worst_return": -0.077573,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": -0.026107,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.042016,
        "regime_survival": 0.166667,
        "best_return": 0.286767,
        "worst_return": -0.124606,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.055364,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.094866,
        "regime_survival": 0.0,
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        "worst_return": -0.197977,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
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        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.05628,
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        "worst_return": -0.11657,
        "sufficient": false
      }
    ],
    "ledger": [
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        "regime": "rotation_up",
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        "tenure": "New",
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        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "tenure": "Developing",
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      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-02-28",
        "end": "2025-05-23",
        "tenure": "Established",
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        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "return": -0.011829,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "active": false
      },
      {
        "regime": "balance",
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        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-11-14",
        "end": "2026-03-27",
        "tenure": "Established",
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        "active": false
      },
      {
        "regime": "balance",
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        "active": false
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      },
      {
        "regime": "deceleration",
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      {
        "regime": "rotation_down",
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      },
      {
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      },
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      },
      {
        "date": "2026-07-17",
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        "energy": 14.269554,
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      },
      {
        "date": "2026-07-24",
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        "volume": 7350591,
        "typical_volume": 7341276.65,
        "trend": 918.11,
        "fair_value": 881.952563,
        "relative_strength": -15.662874,
        "stage": 3,
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        "gate": "mixed",
        "direction": -9.825504,
        "energy": 10.522579,
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      },
      {
        "date": "2026-07-31",
        "close": 885.6,
        "volume": 7837079,
        "typical_volume": 7365083.6,
        "trend": 918.58,
        "fair_value": 882.760255,
        "relative_strength": -13.769444,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -6.587991,
        "energy": 5.275259,
        "activity_lines": [
          899.333333,
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      },
      {
        "date": "2026-08-07",
        "close": 915.8,
        "volume": 13771142,
        "typical_volume": 7759865.5,
        "trend": 920.49,
        "fair_value": 884.048717,
        "relative_strength": -10.586951,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -14.038224,
        "energy": 10.15249,
        "activity_lines": [
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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."
    }
  }
}