{ "ticker": { "uuid": "fb9631cb-e2e2-4a09-b45c-e258d877dcb7", "symbol": "EVOK", "name": "Evoke 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": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 44.502, "architecture_energy": 37.488, "architecture_maturity": 77.201, "architecture_confidence": 94.821, "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": 28.84, "rotation_up": 32.39, "upward_expansion": 64.01, "deceleration": 89.28, "rotation_down": 27.58, "downward_expansion": 18.68 }, "activity_lines": [ 0.449, 0.454727, 0.432076, 0.404608 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 0.453, "trend_reference": 0.3656, "distance_from_trend": 0.239059, "trend_direction": "Improving", "fair_value": 0.624282, "distance_from_fair_value": -0.274366, "fair_value_direction": "Improving", "relative_strength": 8.602218, "relative_strength_direction": "Improving", "price_momentum": 0.762646, "excess_performance": 0.711411, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.239059, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.21556, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.274366, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.204931, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.086022, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.330627, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.762646, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.36059, "read": "Demand-led" } ], "volume": { "latest": 3245302, "relative_activity": 0.434874, "balance": 3.36059, "dry_up": 0.584839, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.073782, "annualized_volatility": 0.694569, "from_high_reference": -0.344428, "from_low_reference": 1.29251 }, "levels": { "trend_reference": 0.3656, "fair_value_reference": 0.624282, "structural_low": 0.2535, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 10, "median_return": -0.049865, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.063968, "regime_survival": 0.6, "best_return": 0.32, "worst_return": -0.299171, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.158078, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.168345, "regime_survival": 0.25, "best_return": -0.046705, "worst_return": -0.293427, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.170096, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.216635, "regime_survival": 0.0, "best_return": -0.099637, "worst_return": -0.544131, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, 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"energy": 79.760069, "activity_lines": [ 0.467833, 0.447182, 0.409843, 0.378742 ] }, { "date": "2026-07-17", "close": 0.4475, "volume": 5036501, "typical_volume": 7826369.5, "trend": 0.342767, "fair_value": 0.637401, "relative_strength": 4.869995, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.748853, "energy": 68.736447, "activity_lines": [ 0.461433, 0.451827, 0.416557, 0.386003 ] }, { "date": "2026-07-24", "close": 0.442, "volume": 3991648, "typical_volume": 7770434.1, "trend": 0.350467, "fair_value": 0.633196, "relative_strength": 4.078275, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.190575, "energy": 50.74227, "activity_lines": [ 0.454167, 0.453673, 0.42204, 0.392405 ] }, { "date": "2026-07-31", "close": 0.4445, "volume": 5184263, "typical_volume": 7802111.65, "trend": 0.3579, "fair_value": 0.62875, "relative_strength": 5.242173, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.813319, "energy": 42.583211, "activity_lines": [ 0.449333, 0.4543, 0.427043, 0.398472 ] }, { "date": "2026-08-07", "close": 0.453, "volume": 3245302, "typical_volume": 7462618.75, "trend": 0.3656, "fair_value": 0.624282, "relative_strength": 8.602218, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.501961, "energy": 37.488037, "activity_lines": [ 0.449, 0.454727, 0.432076, 0.404608 ] } ], "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." } } }