{ "ticker": { "uuid": "5eec2eb7-c752-428d-aacf-90e20518de10", "symbol": "IMVT", "name": "Immunovant\u00a0Inc", "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": 65.644, "architecture_energy": 55.558, "architecture_maturity": 67.464, "architecture_confidence": 85.872, "architecture_tenure": "Established", "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": 11.51, "rotation_up": 55.63, "upward_expansion": 82.54, "deceleration": 65.66, "rotation_down": 24.58, "downward_expansion": 9.21 }, "activity_lines": [ 39.512667, 38.839273, 35.832905, 33.354473 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 39.95, "trend_reference": 30.566, "distance_from_trend": 0.307008, "trend_direction": "Improving", "fair_value": 26.816699, "distance_from_fair_value": 0.489743, "fair_value_direction": "Improving", "relative_strength": 34.773246, "relative_strength_direction": "Improving", "price_momentum": 0.476895, "excess_performance": 0.289441, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.307008, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.161926, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.489743, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.356689, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.347732, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.207668, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.476895, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.025058, "read": "Demand-led" } ], "volume": { "latest": 5041396, "relative_activity": 0.64442, "balance": 2.025058, "dry_up": 0.58355, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.091322, "annualized_volatility": 0.508725, "from_high_reference": -0.031045, "from_low_reference": 1.789804 }, "levels": { "trend_reference": 30.566, "fair_value_reference": 26.816699, "structural_low": 22.79, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 23, "median_return": 0.010593, "positive_rate": 0.565217, "directional_follow_through": 0.565217, "median_excess_return": 0.030153, "regime_survival": 0.782609, "best_return": 0.71947, "worst_return": -0.183497, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.236046, "positive_rate": 0.625, "directional_follow_through": 0.625, "median_excess_return": 0.197644, "regime_survival": 0.5, "best_return": 1.023939, "worst_return": -0.232796, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.530875, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.37888, "regime_survival": 0.0, "best_return": 0.587648, "worst_return": -0.357744, "sufficient": false }, { "horizon": "Full cycle", 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39.303333, 37.136909, 33.551381, 31.485892 ] }, { "date": "2026-07-24", "close": 39.41, "volume": 4260080, "typical_volume": 8035311.15, "trend": 29.678333, "fair_value": 26.597468, "relative_strength": 44.274605, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.501871, "energy": 77.600398, "activity_lines": [ 39.576667, 37.891091, 34.382857, 32.142237 ] }, { "date": "2026-07-31", "close": 38.62, "volume": 4786262, "typical_volume": 8014272.95, "trend": 30.102, "fair_value": 26.704647, "relative_strength": 38.760564, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.965409, "energy": 58.494552, "activity_lines": [ 39.315333, 38.284909, 35.078381, 32.719118 ] }, { "date": "2026-08-07", "close": 39.95, "volume": 5041396, "typical_volume": 7823157.5, "trend": 30.566, "fair_value": 26.816699, "relative_strength": 34.773246, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.64443, "energy": 55.557869, "activity_lines": [ 39.512667, 38.839273, 35.832905, 33.354473 ] } ], "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." } } }