{ "ticker": { "uuid": "a0359d1d-2465-44ca-8b12-6111b2c3f118", "symbol": "NKLR", "name": "Terra Innovatum Global N.V. Ordinary shares", "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": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Neutral compression", "architecture_gate": "mixed", "architecture_direction": 15.417, "architecture_energy": 8.972, "architecture_maturity": 25.723, "architecture_confidence": 52.839, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 59.19, "rotation_up": 34.6, "upward_expansion": 26.21, "deceleration": 50.85, "rotation_down": 28.13, "downward_expansion": 25.54 }, "activity_lines": [ 5.238667, 5.080545, 5.336048, 5.27957 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 5.75, "trend_reference": 5.225667, "distance_from_trend": 0.100338, "trend_direction": "Weakening", "fair_value": 7.952155, "distance_from_fair_value": -0.276926, "fair_value_direction": "Improving", "relative_strength": -23.760057, "relative_strength_direction": "Improving", "price_momentum": 0.292135, "excess_performance": 0.104681, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.100338, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.011725, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.276926, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.03767, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.237601, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.161309, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.292135, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.443759, "read": "Demand-led" } ], "volume": { "latest": 2622803, "relative_activity": 1.205922, "balance": 1.443759, "dry_up": 1.189047, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.176399, "annualized_volatility": 0.710688, "from_high_reference": -0.737503, "from_low_reference": 0.541555 }, "levels": { "trend_reference": 5.225667, "fair_value_reference": 7.952155, "structural_low": 3.76, "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": 1, "median_return": 0.163968, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.167386, "regime_survival": 1.0, "best_return": 0.163968, "worst_return": 0.163968, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", 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"direction": -22.316361, "energy": 34.543436, "activity_lines": [ 4.744667, 5.037091, 5.344714, 5.263548 ] }, { "date": "2026-07-24", "close": 5.05, "volume": 1928443, "typical_volume": 2218506.7, "trend": 5.238333, "fair_value": 8.013305, "relative_strength": -31.942525, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": -15.702541, "energy": 24.829717, "activity_lines": [ 4.826667, 4.986182, 5.321619, 5.252688 ] }, { "date": "2026-07-31", "close": 5.14, "volume": 4410449, "typical_volume": 2358113.7, "trend": 5.235, "fair_value": 7.978687, "relative_strength": -29.687669, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": -11.520217, "energy": 11.265035, "activity_lines": [ 4.944667, 4.966, 5.302143, 5.246344 ] }, { "date": "2026-08-07", "close": 5.75, "volume": 2622803, "typical_volume": 2174936.7, "trend": 5.225667, "fair_value": 7.952155, "relative_strength": -23.760057, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": 15.417253, "energy": 8.971633, "activity_lines": [ 5.238667, 5.080545, 5.336048, 5.27957 ] } ], "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." } } }