{ "ticker": { "uuid": "95def50f-c78f-4cc2-9794-e66d3b39f20d", "symbol": "OXB", "name": "Oxford Biomedica plc", "exchange": "LSE", "country": "GB", "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": "^FTSE", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -75.881, "architecture_energy": 66.133, "architecture_maturity": 20.103, "architecture_confidence": 85.757, "architecture_tenure": "New", "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": 31.8, "rotation_up": 13.4, "upward_expansion": 15.43, "deceleration": 35.45, "rotation_down": 70.19, "downward_expansion": 86.43 }, "activity_lines": [ 558.733333, 583.690909, 598.8, 612.210753 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 505.0, "trend_reference": 652.7, "distance_from_trend": -0.226291, "trend_direction": "Weakening", "fair_value": 416.073077, "distance_from_fair_value": 0.213729, "fair_value_direction": "Weakening", "relative_strength": -26.284054, "relative_strength_direction": "Weakening", "price_momentum": -0.375773, "excess_performance": -0.427008, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.226291, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.014148, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.213729, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.400894, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.262841, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.347652, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.375773, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.252393, "read": "Supply-led" } ], "volume": { "latest": 8713605, "relative_activity": 5.369276, "balance": 0.252393, "dry_up": 2.391516, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.114809, "annualized_volatility": 0.453669, "from_high_reference": -0.475052, "from_low_reference": 0.192444 }, "levels": { "trend_reference": 652.7, "fair_value_reference": 416.073077, "structural_low": 441.5, 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"direction": -60.86068, "energy": 29.130392, "activity_lines": [ 609.533333, 612.854545, 613.266667, 628.892473 ] }, { "date": "2026-07-31", "close": 560.0, "volume": 1985048, "typical_volume": 1276028.4, "trend": 660.2, "fair_value": 415.079487, "relative_strength": -18.060129, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -63.152283, "energy": 43.25698, "activity_lines": [ 590.866667, 602.745455, 608.485714, 622.223656 ] }, { "date": "2026-08-07", "close": 505.0, "volume": 8713605, "typical_volume": 1622864.1, "trend": 652.7, "fair_value": 416.073077, "relative_strength": -26.284054, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.881482, "energy": 66.132777, "activity_lines": [ 558.733333, 583.690909, 598.8, 612.210753 ] } ], "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." } } }