{ "ticker": { "uuid": "5da254bc-b861-453c-8e74-b0adf19838bc", "symbol": "ONC", "name": "BeiGene, Ltd.", "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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 67.746, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "mixed", "architecture_direction": 46.202, "architecture_energy": 61.619, "architecture_maturity": 14.204, "architecture_confidence": 77.358, "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": 22.63, "rotation_up": 76.24, "upward_expansion": 55.35, "deceleration": 16.32, "rotation_down": 14.2, "downward_expansion": 25.68 }, "activity_lines": [ 327.055333, 311.411818, 302.657286, 303.095505 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 348.27, "trend_reference": 308.873333, "distance_from_trend": 0.12755, "trend_direction": "Weakening", "fair_value": 237.52391, "distance_from_fair_value": 0.466252, "fair_value_direction": "Improving", "relative_strength": -4.04332, "relative_strength_direction": "Improving", "price_momentum": -0.015964, "excess_performance": -0.203418, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.12755, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.032398, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.466252, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.108387, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.040433, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.111784, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.015964, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.085913, "read": "Demand-led" } ], "volume": { "latest": 2139381, "relative_activity": 1.566136, "balance": 2.085913, "dry_up": 1.50486, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.06539, "annualized_volatility": 0.413167, "from_high_reference": -0.095919, "from_low_reference": 0.371425 }, "levels": { "trend_reference": 308.873333, "fair_value_reference": 237.52391, "structural_low": 253.9475, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 2, "median_return": -0.007228, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.057798, "regime_survival": 0.0, "best_return": 0.105459, "worst_return": -0.119915, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.029253, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.125426, "regime_survival": 0.0, "best_return": 0.037987, "worst_return": 0.020519, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.274899, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.268652, "regime_survival": 0.0, "best_return": 0.289396, "worst_return": 0.260401, "sufficient": false }, { "horizon": "Full cycle", 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298.518667, 290.002909, 292.728476, 298.877376 ] }, { "date": "2026-07-24", "close": 325.9, "volume": 2304185, "typical_volume": 1305626.35, "trend": 308.361, "fair_value": 235.829487, "relative_strength": -5.49243, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 32.063758, "energy": 34.176807, "activity_lines": [ 309.924667, 296.813273, 295.771286, 300.037978 ] }, { "date": "2026-07-31", "close": 316.01, "volume": 1213408, "typical_volume": 1310129.6, "trend": 308.527333, "fair_value": 236.55859, "relative_strength": -8.5734, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 22.403935, "energy": 32.082622, "activity_lines": [ 314.317333, 301.232182, 297.75419, 300.531462 ] }, { "date": "2026-08-07", "close": 348.27, "volume": 2139381, "typical_volume": 1366024.8, "trend": 308.873333, "fair_value": 237.52391, "relative_strength": -4.04332, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.202149, "energy": 61.618929, "activity_lines": [ 327.055333, 311.411818, 302.657286, 303.095505 ] } ], "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." } } }