{ "ticker": { "uuid": "13f61c7e-be55-4e23-8ec6-efce53b4a460", "symbol": "LUNA", "name": "H. Lundbeck A/S", "exchange": "VIE", "country": "AT", "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": "^ATX", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 82.295, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 39.113, "architecture_energy": 27.581, "architecture_maturity": 64.821, "architecture_confidence": 83.332, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 34.71, "rotation_up": 29.74, "upward_expansion": 59.88, "deceleration": 88.19, "rotation_down": 27.8, "downward_expansion": 21.21 }, "activity_lines": [ 4.812667, 4.85, 4.842571, 4.683065 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 4.75, "trend_reference": 4.427829, "distance_from_trend": 0.07276, "trend_direction": "Improving", "fair_value": 3.026253, "distance_from_fair_value": 0.569598, "fair_value_direction": "Weakening", "relative_strength": -3.445369, "relative_strength_direction": "Weakening", "price_momentum": 0.372832, "excess_performance": 0.198586, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.07276, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.109958, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.569598, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.114668, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.034454, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.147557, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.372832, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 10.475751, "read": "Demand-led" } ], "volume": { "latest": 147, "relative_activity": 0.403735, "balance": 10.475751, "dry_up": 1.619747, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.03085, "annualized_volatility": 0.4027, "from_high_reference": -0.059406, "from_low_reference": 0.612422 }, "levels": { "trend_reference": 4.427829, "fair_value_reference": 3.026253, "structural_low": 3.343666, "invalidation": "A sustained loss of 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"2025-05-23", "end": "2025-05-30", "tenure": "New", "return": -0.005995, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-06", "end": "2025-07-11", "tenure": "Developing", "return": -0.068366, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-18", "end": "2025-08-15", "tenure": "Developing", "return": 0.095, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-22", "end": "2025-11-14", "tenure": "Established", "return": 0.050619, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-21", "end": "2026-01-02", "tenure": "Developing", "return": 0.108138, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-09", "end": "2026-03-06", "tenure": "Developing", "return": -0.127395, "active": 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2.914268, "relative_strength": 4.344697, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.625671, "energy": 74.263654, "activity_lines": [ 4.908333, 4.877636, 4.696935, 4.467987 ] }, { "date": "2026-07-03", "close": 4.93, "volume": 21, "typical_volume": 237.55, "trend": 4.231019, "fair_value": 2.933797, "relative_strength": 2.695727, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.194491, "energy": 66.207298, "activity_lines": [ 4.910667, 4.893545, 4.744458, 4.516155 ] }, { "date": "2026-07-10", "close": 4.865, "volume": 172, "typical_volume": 246.15, "trend": 4.275601, "fair_value": 2.952982, "relative_strength": 2.400064, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.476918, "energy": 51.873845, "activity_lines": [ 4.890333, 4.894455, 4.779702, 4.557057 ] }, { "date": "2026-07-17", "close": 4.92, "volume": 2138, "typical_volume": 353.05, "trend": 4.321766, "fair_value": 2.972043, "relative_strength": 5.223445, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.491001, "energy": 50.691285, "activity_lines": [ 4.9, 4.903091, 4.814243, 4.598631 ] }, { "date": "2026-07-24", "close": 4.845, "volume": 74, "typical_volume": 356.75, "trend": 4.36443, "fair_value": 2.990763, "relative_strength": 1.949157, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.92575, "energy": 44.643542, "activity_lines": [ 4.882667, 4.894182, 4.834887, 4.632388 ] }, { "date": "2026-07-31", "close": 4.8, "volume": 0, "typical_volume": 356.75, "trend": 4.40009, "fair_value": 3.008852, "relative_strength": 0.727116, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.445919, "energy": 37.234733, "activity_lines": [ 4.853333, 4.876818, 4.844452, 4.66049 ] }, { "date": "2026-08-07", "close": 4.75, "volume": 147, "typical_volume": 364.1, "trend": 4.427829, "fair_value": 3.026253, "relative_strength": -3.445369, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.112523, "energy": 27.580824, "activity_lines": [ 4.812667, 4.85, 4.842571, 4.683065 ] } ], "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." } } }