{ "ticker": { "uuid": "1424f782-01a9-431a-b903-a77240df734d", "symbol": "END", "name": "Endurance Motive, S.A.", "exchange": "MCE", "country": "ES", "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": "^IBEX", "stage": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 62.474, "architecture_energy": 55.654, "architecture_maturity": 9.185, "architecture_confidence": 71.541, "architecture_tenure": "New", "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": 38.39, "rotation_up": 65.73, "upward_expansion": 87.26, "deceleration": 43.05, "rotation_down": 12.0, "downward_expansion": 11.59 }, "activity_lines": [ 3.351333, 3.272727, 3.21181, 3.17643 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 3.43, "trend_reference": 3.147333, "distance_from_trend": 0.089811, "trend_direction": "Weakening", "fair_value": 2.009038, "distance_from_fair_value": 0.707284, "fair_value_direction": "Improving", "relative_strength": -12.607085, "relative_strength_direction": "Weakening", "price_momentum": 0.182759, "excess_performance": 0.058328, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.089811, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.031987, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.707284, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.044847, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.126071, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.082401, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.182759, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.181825, "read": "Demand-led" } ], "volume": { "latest": 83537, "relative_activity": 1.733635, "balance": 1.181825, "dry_up": 1.78146, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.080736, "annualized_volatility": 0.44507, "from_high_reference": -0.227477, "from_low_reference": 0.459574 }, "levels": { "trend_reference": 3.147333, "fair_value_reference": 2.009038, "structural_low": 2.77, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 10, "median_return": -0.066142, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.062809, "regime_survival": 0.6, "best_return": 0.688312, "worst_return": -0.198847, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.030899, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.112051, "regime_survival": 0.4, "best_return": 0.608069, "worst_return": -0.319549, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.196223, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.269839, "regime_survival": 0.25, "best_return": 1.051873, "worst_return": -0.590226, "sufficient": false }, { "horizon": "Full 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"gate": "mixed", "direction": 9.466038, "energy": 4.717814, "activity_lines": [ 3.16, 3.144182, 3.128238, 3.127527 ] }, { "date": "2026-07-17", "close": 3.19, "volume": 19409, "typical_volume": 38047.7, "trend": 3.144333, "fair_value": 1.976699, "relative_strength": -14.447612, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.818688, "energy": 10.85242, "activity_lines": [ 3.184, 3.152, 3.136476, 3.129742 ] }, { "date": "2026-07-24", "close": 3.29, "volume": 11802, "typical_volume": 34435.55, "trend": 3.139, "fair_value": 1.986955, "relative_strength": -13.475009, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 52.616964, "energy": 33.108669, "activity_lines": [ 3.232667, 3.177273, 3.154048, 3.13914 ] }, { "date": "2026-07-31", "close": 3.43, "volume": 228618, "typical_volume": 44809.85, "trend": 3.143, "fair_value": 1.997788, "relative_strength": -10.787068, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 61.119153, "energy": 50.518173, "activity_lines": [ 3.308667, 3.227455, 3.183714, 3.157914 ] }, { "date": "2026-08-07", "close": 3.43, "volume": 83537, "typical_volume": 48186.05, "trend": 3.147333, "fair_value": 2.009038, "relative_strength": -12.607085, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.474014, "energy": 55.653909, "activity_lines": [ 3.351333, 3.272727, 3.21181, 3.17643 ] } ], "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." } } }