{ "ticker": { "uuid": "1e5fa95c-cdb5-4771-ac56-51a2c32a1956", "symbol": "SAI", "name": "Substrate Artificial Inteligence, 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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Emerging rotation", "architecture_gate": "mixed", "architecture_direction": 33.153, "architecture_energy": 59.577, "architecture_maturity": 24.0, "architecture_confidence": 69.8, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 22.49, "rotation_up": 74.66, "upward_expansion": 55.98, "deceleration": 17.21, "rotation_down": 14.07, "downward_expansion": 26.31 }, "activity_lines": [ 0.06628, 0.055815, 0.048661, 0.049315 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 0.0685, "trend_reference": 0.052017, "distance_from_trend": 0.316886, "trend_direction": "Weakening", "fair_value": 0.125122, "distance_from_fair_value": -0.452536, "fair_value_direction": "Improving", "relative_strength": -13.37851, "relative_strength_direction": "Improving", "price_momentum": 0.141667, "excess_performance": 0.017236, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.316886, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.179462, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.452536, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.248916, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.133785, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.39581, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.141667, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.279828, "read": "Demand-led" } ], "volume": { "latest": 39868641, "relative_activity": 1.505332, "balance": 2.279828, "dry_up": 3.03319, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.190679, "annualized_volatility": 1.12543, "from_high_reference": -0.438525, "from_low_reference": 1.952586 }, "levels": { "trend_reference": 0.052017, "fair_value_reference": 0.125122, "structural_low": 0.0232, "invalidation": "A 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"trend": 0.05281, "fair_value": 0.128974, "relative_strength": -17.378989, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 6.04044, "energy": 23.250741, "activity_lines": [ 0.05006, 0.042302, 0.042807, 0.046605 ] }, { "date": "2026-07-24", "close": 0.06, "volume": 70982345, "typical_volume": 21006456.6, "trend": 0.05221, "fair_value": 0.127519, "relative_strength": -24.280779, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 28.247716, "energy": 40.615641, "activity_lines": [ 0.05586, 0.046, 0.044133, 0.047068 ] }, { "date": "2026-07-31", "close": 0.0707, "volume": 95853870, "typical_volume": 24964425.75, "trend": 0.05216, "fair_value": 0.126318, "relative_strength": -10.171729, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.155308, "energy": 47.609214, "activity_lines": [ 0.063013, 0.05136, 0.046521, 0.048261 ] }, { "date": "2026-08-07", "close": 0.0685, "volume": 39868641, "typical_volume": 26484948.2, "trend": 0.052017, "fair_value": 0.125122, "relative_strength": -13.37851, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.15256, "energy": 59.576851, "activity_lines": [ 0.06628, 0.055815, 0.048661, 0.049315 ] } ], "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." } } }