{ "ticker": { "uuid": "386c4ca9-c141-437e-8fb8-3d8d83cb4b5e", "symbol": "NGNE", "name": "Neurogene Inc", "exchange": "NASDAQ", "country": "US", "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": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 60.72, "architecture_energy": 43.863, "architecture_maturity": 67.693, "architecture_confidence": 80.158, "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": 13.6, "rotation_up": 49.16, "upward_expansion": 79.74, "deceleration": 66.54, "rotation_down": 25.63, "downward_expansion": 6.41 }, "activity_lines": [ 35.264, 34.821091, 32.293286, 29.727699 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 35.69, "trend_reference": 26.223333, "distance_from_trend": 0.361002, "trend_direction": "Improving", "fair_value": 25.844442, "distance_from_fair_value": 0.380955, "fair_value_direction": "Improving", "relative_strength": 28.810235, "relative_strength_direction": "Improving", "price_momentum": 1.071387, "excess_performance": 0.883933, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.361002, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.187848, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.380955, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.121232, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.288102, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.088184, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 1.071387, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.762621, "read": "Demand-led" } ], "volume": { "latest": 662853, "relative_activity": 0.718943, "balance": 1.762621, "dry_up": 0.971691, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.132099, "annualized_volatility": 0.736157, "from_high_reference": -0.182547, "from_low_reference": 1.240427 }, "levels": { "trend_reference": 26.223333, "fair_value_reference": 25.844442, "structural_low": 16.2, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 15, "median_return": -0.053856, "positive_rate": 0.466667, "directional_follow_through": 0.466667, "median_excess_return": -0.089065, "regime_survival": 0.6, "best_return": 0.379931, "worst_return": -0.65225, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.072544, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": -0.0583, "regime_survival": 0.428571, "best_return": 0.318499, "worst_return": -0.655958, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.221324, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.337703, "regime_survival": 0.0, "best_return": 0.414148, "worst_return": -0.599241, "sufficient": false }, { "horizon": "Full 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16.475253, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.736112, "energy": 44.297154, "activity_lines": [ 29.194, 28.880727, 26.516095, 24.638968 ] }, { "date": "2026-06-26", "close": 32.03, "volume": 1087685, "typical_volume": 822811.15, "trend": 23.026, "fair_value": 25.021878, "relative_strength": 22.87989, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.409113, "energy": 47.582769, "activity_lines": [ 30.326, 29.513455, 27.25519, 25.243419 ] }, { "date": "2026-07-03", "close": 35.34, "volume": 1751598, "typical_volume": 889129.65, "trend": 23.528, "fair_value": 25.140724, "relative_strength": 33.493283, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.743234, "energy": 71.985762, "activity_lines": [ 32.273333, 30.672, 28.239048, 26.037871 ] }, { "date": "2026-07-10", "close": 39.63, "volume": 2199101, "typical_volume": 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28.583032 ] }, { "date": "2026-07-31", "close": 32.89, "volume": 786917, "typical_volume": 932246.15, "trend": 25.631, "fair_value": 25.695147, "relative_strength": 25.524704, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.282574, "energy": 50.23308, "activity_lines": [ 35.372, 34.287636, 31.646952, 29.078731 ] }, { "date": "2026-08-07", "close": 35.69, "volume": 662853, "typical_volume": 921983.0, "trend": 26.223333, "fair_value": 25.844442, "relative_strength": 28.810235, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.720464, "energy": 43.863411, "activity_lines": [ 35.264, 34.821091, 32.293286, 29.727699 ] } ], "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." } } }