{
  "ticker": {
    "uuid": "853dab36-168f-42e1-8cab-4353e5652941",
    "symbol": "NVCT",
    "name": "Nuvectis Pharma Inc",
    "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": 57.951,
    "architecture_energy": 46.805,
    "architecture_maturity": 80.51,
    "architecture_confidence": 59.977,
    "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": 17.31,
        "rotation_up": 47.02,
        "upward_expansion": 76.0,
        "deceleration": 74.02,
        "rotation_down": 23.66,
        "downward_expansion": 7.33
      },
      "activity_lines": [
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        16.099476,
        14.114344
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
    },
    "latest_close": 18.95,
    "trend_reference": 11.895333,
    "distance_from_trend": 0.593062,
    "trend_direction": "Improving",
    "fair_value": 8.58,
    "distance_from_fair_value": 1.208625,
    "fair_value_direction": "Improving",
    "relative_strength": 75.138211,
    "relative_strength_direction": "Improving",
    "price_momentum": 1.131609,
    "excess_performance": 0.944155,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.593062,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.427212,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 1.208625,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.851424,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.751382,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.498414,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 1.131609,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.808104,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 1399448,
      "relative_activity": 1.309157,
      "balance": 0.808104,
      "dry_up": 1.150384,
      "accumulation_observations": 4,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.218973,
      "annualized_volatility": 1.265333,
      "from_high_reference": -0.35269,
      "from_low_reference": 2.414414
    },
    "levels": {
      "trend_reference": 11.895333,
      "fair_value_reference": 8.58,
      "structural_low": 7.17,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 11,
        "median_return": -0.027187,
        "positive_rate": 0.363636,
        "directional_follow_through": 0.363636,
        "median_excess_return": -0.055822,
        "regime_survival": 0.727273,
        "best_return": 1.051363,
        "worst_return": -0.549491,
        "sufficient": true
      },
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        "regime_survival": 0.4,
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        "worst_return": -0.379278,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.168363,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
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        "regime_survival": 0.666667,
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        "sufficient": false
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      {
        "horizon": "Full cycle",
        "sample_count": 1,
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        "sufficient": false
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      },
      {
        "date": "2026-05-01",
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        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
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        "activity_lines": [
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      },
      {
        "date": "2026-05-08",
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      },
      {
        "date": "2026-05-15",
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        "activity_lines": [
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      },
      {
        "date": "2026-05-22",
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        "typical_volume": 347432.65,
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      },
      {
        "date": "2026-05-29",
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      },
      {
        "date": "2026-06-05",
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      },
      {
        "date": "2026-06-12",
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      },
      {
        "date": "2026-06-19",
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      },
      {
        "date": "2026-06-26",
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        "trend": 9.560667,
        "fair_value": 8.400769,
        "relative_strength": 189.777166,
        "stage": 2,
        "regime": "upward_expansion",
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        "direction": 94.878279,
        "energy": 96.65577,
        "activity_lines": [
          16.812667,
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      },
      {
        "date": "2026-07-03",
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        "volume": 5212770,
        "typical_volume": 795620.0,
        "trend": 9.989333,
        "fair_value": 8.428526,
        "relative_strength": 102.719914,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.053039,
        "energy": 88.420425,
        "activity_lines": [
          18.602,
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          11.304774
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      },
      {
        "date": "2026-07-10",
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        "volume": 1846359,
        "typical_volume": 879023.75,
        "trend": 10.348,
        "fair_value": 8.450192,
        "relative_strength": 83.823894,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.257064,
        "energy": 86.06497,
        "activity_lines": [
          19.33,
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          13.205333,
          11.844172
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      },
      {
        "date": "2026-07-17",
        "close": 19.14,
        "volume": 1161433,
        "typical_volume": 927618.55,
        "trend": 10.726667,
        "fair_value": 8.476603,
        "relative_strength": 96.334052,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.144592,
        "energy": 83.753537,
        "activity_lines": [
          19.734,
          17.073818,
          13.948905,
          12.411398
        ]
      },
      {
        "date": "2026-07-24",
        "close": 19.31,
        "volume": 1269499,
        "typical_volume": 976479.3,
        "trend": 11.112,
        "fair_value": 8.511667,
        "relative_strength": 97.383288,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.394368,
        "energy": 57.185626,
        "activity_lines": [
          19.632667,
          17.867273,
          14.659714,
          12.965161
        ]
      },
      {
        "date": "2026-07-31",
        "close": 21.52,
        "volume": 1088518,
        "typical_volume": 1018345.95,
        "trend": 11.545667,
        "fair_value": 8.556667,
        "relative_strength": 113.33182,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.626743,
        "energy": 55.584935,
        "activity_lines": [
          19.902,
          18.912182,
          15.531714,
          13.636645
        ]
      },
      {
        "date": "2026-08-07",
        "close": 18.95,
        "volume": 1399448,
        "typical_volume": 1068968.75,
        "trend": 11.895333,
        "fair_value": 8.58,
        "relative_strength": 75.138211,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.951114,
        "energy": 46.805364,
        "activity_lines": [
          19.692667,
          19.286727,
          16.099476,
          14.114344
        ]
      }
    ],
    "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."
    }
  }
}