{ "ticker": { "uuid": "194b605e-1826-4fae-a242-6b921a998e61", "symbol": "ELE", "name": "Endesa, 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": 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": 81.794, "architecture_energy": 92.922, "architecture_maturity": 25.32, "architecture_confidence": 78.653, "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": 4.17, "rotation_up": 86.94, "upward_expansion": 99.92, "deceleration": 39.02, "rotation_down": 8.25, "downward_expansion": 21.92 }, "activity_lines": [ 41.590001, 40.349236, 38.882332, 37.871809 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 42.240002, "trend_reference": 36.210806, "distance_from_trend": 0.166503, "trend_direction": "Improving", "fair_value": 23.658331, "distance_from_fair_value": 0.785418, "fair_value_direction": "Improving", "relative_strength": 10.183979, "relative_strength_direction": "Improving", "price_momentum": 0.330813, "excess_performance": 0.206382, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.166503, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.086047, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.785418, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.130616, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.10184, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.008855, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.330813, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.890685, "read": "Demand-led" } ], "volume": { "latest": 3814904, "relative_activity": 1.293464, "balance": 1.890685, "dry_up": 1.322099, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.02979, "annualized_volatility": 0.243167, "from_high_reference": -0.010077, "from_low_reference": 0.699637 }, "levels": { "trend_reference": 36.210806, "fair_value_reference": 23.658331, "structural_low": 31.07, "invalidation": 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3775394.1, "trend": 34.751144, "fair_value": 23.032404, "relative_strength": 7.363993, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.137942, "energy": 81.666509, "activity_lines": [ 38.505585, 37.636084, 37.219792, 36.260853 ] }, { "date": "2026-07-17", "close": 40.27, "volume": 4944156, "typical_volume": 3631098.3, "trend": 35.075761, "fair_value": 23.178097, "relative_strength": 11.54482, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.814701, "energy": 91.220227, "activity_lines": [ 39.220138, 38.21619, 37.56401, 36.616908 ] }, { "date": "2026-07-24", "close": 41.16, "volume": 3085585, "typical_volume": 3446603.2, "trend": 35.445464, "fair_value": 23.330939, "relative_strength": 11.481589, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.305844, "energy": 94.607344, "activity_lines": [ 40.023492, 38.883932, 37.965847, 37.009439 ] }, { "date": "2026-07-31", "close": 42.41, "volume": 3752790, "typical_volume": 3289517.6, "trend": 35.837805, "fair_value": 23.495421, "relative_strength": 13.285726, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.804992, "energy": 95.508218, "activity_lines": [ 40.964646, 39.688584, 38.449113, 37.458764 ] }, { "date": "2026-08-07", "close": 42.240002, "volume": 3814904, "typical_volume": 2949370.2, "trend": 36.210806, "fair_value": 23.658331, "relative_strength": 10.183979, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.794343, "energy": 92.922153, "activity_lines": [ 41.590001, 40.349236, 38.882332, 37.871809 ] } ], "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." } } }