{ "ticker": { "uuid": "f85be30d-1d5a-4663-9751-a6a40aeb9dda", "symbol": "MNG", "name": "M&G 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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 81.88, "architecture_energy": 90.832, "architecture_maturity": 34.158, "architecture_confidence": 83.538, "architecture_tenure": "Developing", "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": 0.0, "rotation_up": 83.94, "upward_expansion": 98.92, "deceleration": 39.59, "rotation_down": 11.18, "downward_expansion": 20.92 }, "activity_lines": [ 357.906667, 350.247273, 334.571429, 324.666158 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 363.0, "trend_reference": 315.111151, "distance_from_trend": 0.151974, "trend_direction": "Improving", "fair_value": 239.314523, "distance_from_fair_value": 0.516832, "fair_value_direction": "Improving", "relative_strength": 13.837442, "relative_strength_direction": "Improving", "price_momentum": 0.174154, "excess_performance": 0.122919, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.151974, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.073344, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.516832, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.188485, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.138374, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.093927, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.174154, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 59.597284, "read": "Demand-led" } ], "volume": { "latest": 29657244, "relative_activity": 1.340057, "balance": 59.597284, "dry_up": 1.060639, "accumulation_observations": 7, "distribution_observations": 0 }, "risk": { "range_context": 0.026999, "annualized_volatility": 0.193686, "from_high_reference": -0.011169, "from_low_reference": 0.470689 }, "levels": { "trend_reference": 315.111151, "fair_value_reference": 239.314523, "structural_low": 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315.328529 ] }, { "date": "2026-07-24", "close": 356.0, "volume": 22823513, "typical_volume": 23816094.8, "trend": 310.655545, "fair_value": 237.213261, "relative_strength": 14.060047, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.170507, "energy": 93.163228, "activity_lines": [ 350.666667, 341.158182, 325.862214, 318.40931 ] }, { "date": "2026-07-31", "close": 357.5, "volume": 23278884, "typical_volume": 22634819.85, "trend": 312.863316, "fair_value": 238.238271, "relative_strength": 12.805013, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.940454, "energy": 91.328048, "activity_lines": [ 354.1, 345.592727, 330.101906, 321.431533 ] }, { "date": "2026-08-07", "close": 363.0, "volume": 29657244, "typical_volume": 22131323.8, "trend": 315.111151, "fair_value": 239.314523, "relative_strength": 13.837442, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.880245, "energy": 90.831663, "activity_lines": [ 357.906667, 350.247273, 334.571429, 324.666158 ] } ], "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." } } }