{ "ticker": { "uuid": "8bde399a-c5bb-4592-bb6b-ac3d129b9feb", "symbol": "BMRN", "name": "Biomarin Pharmaceutical 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": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 86.653, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Emerging rotation", "architecture_gate": "up", "architecture_direction": 77.25, "architecture_energy": 62.353, "architecture_maturity": 17.272, "architecture_confidence": 70.64, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 20.26, "rotation_up": 74.02, "upward_expansion": 89.36, "deceleration": 42.11, "rotation_down": 11.95, "downward_expansion": 11.36 }, "activity_lines": [ 61.028, 59.790182, 57.863429, 57.417118 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 63.81, "trend_reference": 57.182667, "distance_from_trend": 0.115898, "trend_direction": "Improving", "fair_value": 69.825833, "distance_from_fair_value": -0.086155, "fair_value_direction": "Improving", "relative_strength": -1.563068, "relative_strength_direction": "Improving", "price_momentum": 0.097712, "excess_performance": -0.089742, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.115898, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.014339, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.086155, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.16807, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.015631, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.191431, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.097712, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.399062, "read": "Demand-led" } ], "volume": { "latest": 12589583, "relative_activity": 1.341074, "balance": 1.399062, "dry_up": 0.986174, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.060897, "annualized_volatility": 0.260935, "from_high_reference": -0.037194, "from_low_reference": 0.295393 }, "levels": { "trend_reference": 57.182667, "fair_value_reference": 69.825833, "structural_low": 49.2592, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 8, "median_return": -0.050332, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.057794, "regime_survival": 0.25, "best_return": 0.091755, "worst_return": -0.18174, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.103013, "positive_rate": 0.166667, "directional_follow_through": 0.166667, "median_excess_return": -0.140386, "regime_survival": 0.0, "best_return": 0.001952, "worst_return": -0.291634, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.074114, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.249321, "regime_survival": 0.0, "best_return": 0.294442, "worst_return": -0.275662, "sufficient": true }, { "horizon": "Full cycle", 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decline", "gate": "mixed", "direction": 21.857736, "energy": 35.701404, "activity_lines": [ 58.259333, 57.192727, 56.100333, 56.473183 ] }, { "date": "2026-07-17", "close": 59.59, "volume": 6796837, "typical_volume": 9527280.55, "trend": 57.022333, "fair_value": 70.354038, "relative_strength": -5.382614, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 23.447083, "energy": 43.189003, "activity_lines": [ 58.939333, 57.813273, 56.426476, 56.635484 ] }, { "date": "2026-07-24", "close": 59.33, "volume": 8669523, "typical_volume": 9427645.4, "trend": 57.001667, "fair_value": 70.172756, "relative_strength": -3.902734, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.553078, "energy": 39.769221, "activity_lines": [ 59.29, 58.286, 56.738048, 56.784366 ] }, { "date": "2026-07-31", "close": 60.02, "volume": 8975647, "typical_volume": 9467045.35, "trend": 57.020667, "fair_value": 69.989936, "relative_strength": -2.941697, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.389971, "energy": 38.418917, "activity_lines": [ 59.561333, 58.747455, 57.123857, 56.979097 ] }, { "date": "2026-08-07", "close": 63.81, "volume": 12589583, "typical_volume": 9387687.55, "trend": 57.182667, "fair_value": 69.825833, "relative_strength": -1.563068, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 77.250342, "energy": 62.35332, "activity_lines": [ 61.028, 59.790182, 57.863429, 57.417118 ] } ], "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." } } }