{ "ticker": { "uuid": "a19d7172-f142-4e0c-bc0f-9f80068fb0db", "symbol": "ALMKS", "name": "Making Science Group, S.A.", "exchange": "PAR", "country": "FR", "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": "^FCHI", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -87.622, "architecture_energy": 95.638, "architecture_maturity": 55.102, "architecture_confidence": 74.359, "architecture_tenure": "Established", "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": 0.35, "rotation_up": 8.18, "upward_expansion": 21.99, "deceleration": 37.0, "rotation_down": 88.84, "downward_expansion": 99.99 }, "activity_lines": [ 6.743333, 6.924545, 7.248362, 7.450127 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 6.65, "trend_reference": 7.721569, "distance_from_trend": -0.138776, "trend_direction": "Weakening", "fair_value": 8.937168, "distance_from_fair_value": -0.255916, "fair_value_direction": "Weakening", "relative_strength": -22.790382, "relative_strength_direction": "Weakening", "price_momentum": -0.208966, "excess_performance": -0.262278, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.138776, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.045437, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.255916, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.137858, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.227904, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.181122, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.208966, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.0, "read": "Supply-led" } ], "volume": { "latest": 6, "relative_activity": 0.06462, "balance": 0.0, "dry_up": 0.323102, "accumulation_observations": 0, "distribution_observations": 4 }, "risk": { "range_context": 0.017351, "annualized_volatility": 0.14245, "from_high_reference": -0.252192, "from_low_reference": 0.0 }, "levels": { "trend_reference": 7.721569, "fair_value_reference": 8.937168, "structural_low": 6.65, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 31, "median_return": 0.0, "positive_rate": 0.322581, "directional_follow_through": 0.483871, "median_excess_return": -0.012025, "regime_survival": 0.83871, "best_return": 0.169811, "worst_return": -0.122905, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.020725, "positive_rate": 0.4, "directional_follow_through": 0.5, "median_excess_return": -0.003278, "regime_survival": 0.6, "best_return": 0.169811, "worst_return": -0.141818, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.041451, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": 0.031581, "regime_survival": 0.2, "best_return": 0.13125, "worst_return": -0.058182, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 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-19.337923, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -98.568154, "energy": 99.208207, "activity_lines": [ 7.313333, 7.499091, 7.658621, 7.802214 ] }, { "date": "2026-07-10", "close": 6.95, "volume": 5, "typical_volume": 126.6, "trend": 7.952137, "fair_value": 9.040381, "relative_strength": -17.840903, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -96.099431, "energy": 98.501425, "activity_lines": [ 7.163333, 7.37, 7.578352, 7.736099 ] }, { "date": "2026-07-17", "close": 6.95, "volume": 5, "typical_volume": 92.8, "trend": 7.908439, "fair_value": 9.01578, "relative_strength": -17.383712, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.941042, "energy": 95.674965, "activity_lines": [ 7.06, 7.259091, 7.504789, 7.671445 ] }, { "date": "2026-07-24", "close": 6.75, "volume": 5, "typical_volume": 87.85, "trend": 7.841876, "fair_value": 8.989897, "relative_strength": -19.596972, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.524811, "energy": 97.043444, "activity_lines": [ 6.923333, 7.133636, 7.417958, 7.596707 ] }, { "date": "2026-07-31", "close": 6.7, "volume": 104, "typical_volume": 92.8, "trend": 7.780126, "fair_value": 8.963693, "relative_strength": -20.907073, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.326952, "energy": 96.236989, "activity_lines": [ 6.816667, 7.024545, 7.332403, 7.523038 ] }, { "date": "2026-08-07", "close": 6.65, "volume": 6, "typical_volume": 92.85, "trend": 7.721569, "fair_value": 8.937168, "relative_strength": -22.790382, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.621559, "energy": 95.637885, "activity_lines": [ 6.743333, 6.924545, 7.248362, 7.450127 ] } ], "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." } } }