{ "ticker": { "uuid": "7ca183c2-9957-4846-8655-f8958ed06bec", "symbol": "NYXH", "name": "Nyxoah", "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": 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": -63.318, "architecture_energy": 62.256, "architecture_maturity": 100.0, "architecture_confidence": 96, "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": 11.38, "rotation_up": 26.97, "upward_expansion": 11.94, "deceleration": 54.78, "rotation_down": 52.38, "downward_expansion": 82.94 }, "activity_lines": [ 1.466667, 1.528364, 1.930524, 2.322882 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 1.47, "trend_reference": 2.939, "distance_from_trend": -0.49983, "trend_direction": "Weakening", "fair_value": 6.979934, "distance_from_fair_value": -0.789396, "fair_value_direction": "Weakening", "relative_strength": -67.971291, "relative_strength_direction": "Weakening", "price_momentum": -0.683871, "excess_performance": -0.871325, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.49983, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.269311, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.789396, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.225184, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.679713, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.179345, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.683871, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.334101, "read": "Supply-led" } ], "volume": { "latest": 680579, "relative_activity": 0.63331, "balance": 0.334101, "dry_up": 0.634248, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.266196, "annualized_volatility": 1.200255, "from_high_reference": -0.828827, "from_low_reference": 0.166667 }, "levels": { "trend_reference": 2.939, "fair_value_reference": 6.979934, "structural_low": 1.26, "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": 27, "median_return": -0.003876, "positive_rate": 0.481481, "directional_follow_through": 0.518519, "median_excess_return": -0.022767, "regime_survival": 0.851852, "best_return": 1.392934, "worst_return": -0.555215, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.100346, "positive_rate": 0.444444, "directional_follow_through": 0.555556, "median_excess_return": -0.131944, "regime_survival": 0.555556, "best_return": 1.038462, "worst_return": -0.360347, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.020127, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.048201, "regime_survival": 0.4, "best_return": 0.392734, "worst_return": -0.468806, "sufficient": true }, { "horizon": "Full 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1011034.3, "trend": 3.265667, "fair_value": 7.106504, "relative_strength": -67.707919, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.267006, "energy": 64.783828, "activity_lines": [ 1.652667, 1.757273, 2.232429, 2.659591 ] }, { "date": "2026-07-24", "close": 1.4, "volume": 668579, "typical_volume": 1035596.6, "trend": 3.163333, "fair_value": 7.064069, "relative_strength": -69.791326, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.17133, "energy": 65.689186, "activity_lines": [ 1.568, 1.647455, 2.119381, 2.539226 ] }, { "date": "2026-07-31", "close": 1.4, "volume": 652503, "typical_volume": 1055856.8, "trend": 3.06, "fair_value": 7.021056, "relative_strength": -68.970273, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.178829, "energy": 64.216562, "activity_lines": [ 1.496667, 1.568182, 2.017476, 2.425462 ] }, { "date": "2026-08-07", "close": 1.47, "volume": 680579, "typical_volume": 1074638.15, "trend": 2.939, "fair_value": 6.979934, "relative_strength": -67.971291, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.318012, "energy": 62.255915, "activity_lines": [ 1.466667, 1.528364, 1.930524, 2.322882 ] } ], "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." } } }