{ "ticker": { "uuid": "65f88221-14dc-4a11-8ddc-81fbb9b05a84", "symbol": "IPN", "name": "Ipsen S.A.", "exchange": "PAR", "country": "FR", "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": "^FCHI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 73.8, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 42.048, "architecture_energy": 20.187, "architecture_maturity": 30.968, "architecture_confidence": 61.267, "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": 56.2, "rotation_up": 36.09, "upward_expansion": 65.5, "deceleration": 72.48, "rotation_down": 24.6, "downward_expansion": 8.17 }, "activity_lines": [ 163.006668, 162.856363, 161.99249, 160.884332 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 161.600006, "trend_reference": 157.498639, "distance_from_trend": 0.026041, "trend_direction": "Improving", "fair_value": 119.293073, "distance_from_fair_value": 0.354647, "fair_value_direction": "Weakening", "relative_strength": 6.815942, "relative_strength_direction": "Weakening", "price_momentum": 0.187362, "excess_performance": 0.134051, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.026041, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.08866, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.354647, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.077478, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.068159, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.209545, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.187362, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.191493, "read": "Supply-led" } ], "volume": { "latest": 593218, "relative_activity": 1.278971, "balance": 0.191493, "dry_up": 1.186219, "accumulation_observations": 1, "distribution_observations": 6 }, "risk": { "range_context": 0.053701, "annualized_volatility": 0.30351, "from_high_reference": -0.071264, "from_low_reference": 0.530303 }, "levels": { "trend_reference": 157.498639, "fair_value_reference": 119.293073, 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"activity_lines": [ 163.959999, 162.779177, 161.972771, 160.54618 ] }, { "date": "2026-08-07", "close": 161.600006, "volume": 593218, "typical_volume": 463824.6, "trend": 157.498639, "fair_value": 119.293073, "relative_strength": 6.815942, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.04811, "energy": 20.18654, "activity_lines": [ 163.006668, 162.856363, 161.99249, 160.884332 ] } ], "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." } } }