{ "ticker": { "uuid": "6978462e-5a99-495c-b984-4df454fc1e38", "symbol": "BIM", "name": "bioM\u00e9rieux S.A.", "exchange": "VIE", "country": "AT", "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": "^ATX", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -45.298, "architecture_energy": 39.538, "architecture_maturity": 100.0, "architecture_confidence": 77.376, "architecture_tenure": "Extended", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 28.65, "rotation_up": 27.95, "upward_expansion": 24.02, "deceleration": 46.62, "rotation_down": 35.18, "downward_expansion": 62.68 }, "activity_lines": [ 71.610001, 71.002756, 71.853185, 75.950367 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 72.75, "trend_reference": 82.336673, "distance_from_trend": -0.116433, "trend_direction": "Weakening", "fair_value": 100.625798, "distance_from_fair_value": -0.277024, "fair_value_direction": "Improving", "relative_strength": -39.187889, "relative_strength_direction": "Improving", "price_momentum": -0.245332, "excess_performance": -0.419579, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.116433, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.132674, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.277024, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.033647, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.391879, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.060695, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.245332, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 5.0, "read": "Demand-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 5.0, "dry_up": 2.160121, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.04114, "annualized_volatility": 0.400484, "from_high_reference": -0.432527, "from_low_reference": 0.074398 }, "levels": { "trend_reference": 82.336673, "fair_value_reference": 100.625798, "structural_low": 67.712341, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 24, "median_return": 0.019824, "positive_rate": 0.541667, "directional_follow_through": 0.458333, "median_excess_return": -0.000848, "regime_survival": 0.791667, "best_return": 0.147954, "worst_return": -0.213582, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.028726, "positive_rate": 0.444444, "directional_follow_through": 0.555556, "median_excess_return": -0.027994, "regime_survival": 0.444444, "best_return": 0.2138, "worst_return": -0.294683, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.088553, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.028168, "regime_survival": 0.2, "best_return": 0.187804, "worst_return": -0.377792, "sufficient": true }, { "horizon": 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"activity_lines": [ 70.823334, 70.573996, 72.685806, 77.555852 ] }, { "date": "2026-07-31", "close": 71.150002, "volume": 143, "typical_volume": 16.55, "trend": 83.741673, "fair_value": 100.753114, "relative_strength": -39.732992, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.943886, "energy": 48.902141, "activity_lines": [ 70.953334, 70.630685, 72.132472, 76.659508 ] }, { "date": "2026-08-07", "close": 72.75, "volume": 0, "typical_volume": 16.55, "trend": 82.336673, "fair_value": 100.625798, "relative_strength": -39.187889, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.298492, "energy": 39.537847, "activity_lines": [ 71.610001, 71.002756, 71.853185, 75.950367 ] } ], "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." } } }