{ "ticker": { "uuid": "5021986b-8afe-404f-9dfe-03dd60f3db10", "symbol": "QURE", "name": "Uniqure NV", "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": "Early expansion", "architecture_gate": "up", "architecture_direction": 71.486, "architecture_energy": 54.736, "architecture_maturity": 71.226, "architecture_confidence": 73.878, "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": 14.15, "rotation_up": 50.33, "upward_expansion": 79.99, "deceleration": 71.14, "rotation_down": 26.62, "downward_expansion": 8.99 }, "activity_lines": [ 43.110667, 42.285636, 36.307238, 31.711183 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 46.42, "trend_reference": 27.091667, "distance_from_trend": 0.713442, "trend_direction": "Improving", "fair_value": 15.647949, "distance_from_fair_value": 1.966523, "fair_value_direction": "Improving", "relative_strength": 40.369325, "relative_strength_direction": "Improving", "price_momentum": 0.809747, "excess_performance": 0.622293, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.713442, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.226681, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.966523, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.952633, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.403693, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.418383, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.809747, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.748935, "read": "Demand-led" } ], "volume": { "latest": 6239375, "relative_activity": 0.668937, "balance": 1.748935, "dry_up": 0.77635, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.149055, "annualized_volatility": 1.256545, "from_high_reference": -0.350769, "from_low_reference": 4.317297 }, "levels": { "trend_reference": 27.091667, "fair_value_reference": 15.647949, "structural_low": 8.73, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 13, "median_return": -0.128024, "positive_rate": 0.307692, "directional_follow_through": 0.307692, "median_excess_return": -0.11414, "regime_survival": 0.538462, "best_return": 2.05961, "worst_return": -0.593588, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.189554, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.131847, "regime_survival": 0.166667, "best_return": 0.1835, "worst_return": -0.248915, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.146027, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.14918, "regime_survival": 0.25, "best_return": 1.153215, "worst_return": -0.205014, "sufficient": false }, { "horizon": "Full cycle", 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"upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.433262, "energy": 54.217622, "activity_lines": [ 40.991333, 39.51, 33.127524, 29.262925 ] }, { "date": "2026-07-31", "close": 43.63, "volume": 12003273, "typical_volume": 9648661.45, "trend": 26.388333, "fair_value": 15.405128, "relative_strength": 41.084402, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.167401, "energy": 51.863585, "activity_lines": [ 41.456667, 40.820909, 34.651429, 30.418817 ] }, { "date": "2026-08-07", "close": 46.42, "volume": 6239375, "typical_volume": 9327301.65, "trend": 27.091667, "fair_value": 15.647949, "relative_strength": 40.369325, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.486145, "energy": 54.736301, "activity_lines": [ 43.110667, 42.285636, 36.307238, 31.711183 ] } ], "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." } } }