{ "ticker": { "uuid": "430841ce-b2bb-4e1c-893b-9c1fecd1b488", "symbol": "IMUX", "name": "Immunic 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": "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": 40.517, "architecture_energy": 24.195, "architecture_maturity": 72.439, "architecture_confidence": 90.664, "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": 33.67, "rotation_up": 35.1, "upward_expansion": 64.27, "deceleration": 84.11, "rotation_down": 25.6, "downward_expansion": 14.27 }, "activity_lines": [ 14.176, 14.343273, 13.668024, 12.881335 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 14.3, "trend_reference": 11.537467, "distance_from_trend": 0.23944, "trend_direction": "Improving", "fair_value": 11.36384, "distance_from_fair_value": 0.258377, "fair_value_direction": "Improving", "relative_strength": 28.179359, "relative_strength_direction": "Improving", "price_momentum": 1.306452, "excess_performance": 1.118998, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.23944, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.285555, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.258377, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.279299, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.281794, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.146205, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 1.306452, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.730576, "read": "Demand-led" } ], "volume": { "latest": 1017441, "relative_activity": 0.247663, "balance": 2.730576, "dry_up": 0.199306, "accumulation_observations": 0, "distribution_observations": 0 }, "risk": { "range_context": 0.147848, "annualized_volatility": 0.829006, "from_high_reference": -0.097222, "from_low_reference": 1.82497 }, "levels": { "trend_reference": 11.537467, "fair_value_reference": 11.36384, "structural_low": 5.9, "invalidation": "A 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11.722968 ] }, { "date": "2026-07-10", "close": 14.77, "volume": 738865, "typical_volume": 7212516.15, "trend": 10.437533, "fair_value": 11.556019, "relative_strength": 33.98602, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.842063, "energy": 50.013409, "activity_lines": [ 14.747333, 14.263455, 13.020471, 12.02088 ] }, { "date": "2026-07-17", "close": 15.16, "volume": 977137, "typical_volume": 6655459.7, "trend": 10.751867, "fair_value": 11.494224, "relative_strength": 42.668907, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.81486, "energy": 52.903506, "activity_lines": [ 14.938667, 14.521273, 13.296324, 12.325555 ] }, { "date": "2026-07-24", "close": 13.39, "volume": 757231, "typical_volume": 5618521.15, "trend": 11.0111, "fair_value": 11.428135, "relative_strength": 28.100786, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.280347, "energy": 37.736852, "activity_lines": [ 14.453333, 14.393091, 13.379986, 12.495757 ] }, { "date": "2026-07-31", "close": 13.97, "volume": 523318, "typical_volume": 4546855.2, "trend": 11.282433, "fair_value": 11.38884, "relative_strength": 32.348407, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.051551, "energy": 28.641335, "activity_lines": [ 14.215333, 14.346545, 13.513695, 12.686654 ] }, { "date": "2026-08-07", "close": 14.3, "volume": 1017441, "typical_volume": 4108166.65, "trend": 11.537467, "fair_value": 11.36384, "relative_strength": 28.179359, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.516624, "energy": 24.195121, "activity_lines": [ 14.176, 14.343273, 13.668024, 12.881335 ] } ], "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." } } }