{ "ticker": { "uuid": "9a30357b-b675-44d2-a718-66a249dcb4be", "symbol": "JANX", "name": "Janux Therapeutics 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": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 58.74, "architecture_energy": 37.204, "architecture_maturity": 18.192, "architecture_confidence": 68.959, "architecture_tenure": "New", "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": 32.75, "rotation_up": 55.18, "upward_expansion": 77.31, "deceleration": 58.85, "rotation_down": 17.6, "downward_expansion": 3.97 }, "activity_lines": [ 15.656, 15.463455, 15.02731, 14.762935 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 15.85, "trend_reference": 14.4195, "distance_from_trend": 0.099206, "trend_direction": "Weakening", "fair_value": 27.334679, "distance_from_fair_value": -0.420151, "fair_value_direction": "Improving", "relative_strength": -23.988378, "relative_strength_direction": "Improving", "price_momentum": 0.212701, "excess_performance": 0.025247, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.099206, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.114036, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.420151, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.057616, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.239884, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.190158, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.212701, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.415711, "read": "Demand-led" } ], "volume": { "latest": 2835868, "relative_activity": 0.574734, "balance": 2.415711, "dry_up": 0.740646, "accumulation_observations": 4, "distribution_observations": 0 }, "risk": { "range_context": 0.077336, "annualized_volatility": 0.327933, "from_high_reference": -0.5515, "from_low_reference": 0.307756 }, "levels": { "trend_reference": 14.4195, "fair_value_reference": 27.334679, "structural_low": 12.74, "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": 10, "median_return": -0.195569, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.200728, "regime_survival": 0.6, "best_return": 0.844533, "worst_return": -0.581989, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.278869, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.366828, "regime_survival": 0.0, "best_return": 0.109269, "worst_return": -0.600763, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.446253, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.622061, "regime_survival": 0.0, "best_return": 0.036423, "worst_return": -0.572015, "sufficient": false }, { "horizon": "Full cycle", 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"relative_strength": -22.145004, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.838842, "energy": 71.96927, "activity_lines": [ 15.841333, 15.133818, 14.792714, 14.54372 ] }, { "date": "2026-07-24", "close": 15.33, "volume": 3949508, "typical_volume": 5266746.05, "trend": 14.3125, "fair_value": 27.295641, "relative_strength": -24.262803, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.393205, "energy": 68.347675, "activity_lines": [ 15.794, 15.243273, 14.866738, 14.611688 ] }, { "date": "2026-07-31", "close": 15.17, "volume": 3883714, "typical_volume": 5255985.0, "trend": 14.363167, "fair_value": 27.313718, "relative_strength": -24.448996, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.555736, "energy": 57.733509, "activity_lines": [ 15.619333, 15.297455, 14.918429, 14.667011 ] }, { "date": "2026-08-07", "close": 15.85, "volume": 2835868, "typical_volume": 4934223.15, "trend": 14.4195, "fair_value": 27.334679, "relative_strength": -23.988378, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.73953, "energy": 37.203551, "activity_lines": [ 15.656, 15.463455, 15.02731, 14.762935 ] } ], "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." } } }