{ "ticker": { "uuid": "b1202a09-603c-410c-80fa-42b67b6539c7", "symbol": "NZYM", "name": "Novozymes A/S", "exchange": "VIE", "country": "AT", "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": "^ATX", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 87.468, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 70.613, "architecture_energy": 58.079, "architecture_maturity": 39.033, "architecture_confidence": 68.844, "architecture_tenure": "Developing", "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": 7.31, "rotation_up": 63.52, "upward_expansion": 84.94, "deceleration": 63.82, "rotation_down": 21.09, "downward_expansion": 9.27 }, "activity_lines": [ 56.450667, 55.863819, 54.081572, 52.560193 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 57.040001, "trend_reference": 50.821283, "distance_from_trend": 0.122364, "trend_direction": "Improving", "fair_value": 45.250719, "distance_from_fair_value": 0.260532, "fair_value_direction": "Improving", "relative_strength": -7.006922, "relative_strength_direction": "Improving", "price_momentum": 0.22139, "excess_performance": 0.047144, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.122364, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.036318, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.260532, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.09161, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.070069, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.077682, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.22139, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.491566, "read": "Supply-led" } ], "volume": { "latest": 184, "relative_activity": 5.945073, "balance": 0.491566, "dry_up": 4.458805, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.04012, "annualized_volatility": 0.307461, "from_high_reference": -0.015193, "from_low_reference": 0.384476 }, "levels": { "trend_reference": 50.821283, "fair_value_reference": 45.250719, "structural_low": 41.199701, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 27, "median_return": -0.013847, "positive_rate": 0.407407, "directional_follow_through": 0.407407, "median_excess_return": -0.016137, "regime_survival": 0.666667, "best_return": 0.169284, "worst_return": -0.169192, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.060754, "positive_rate": 0.3, "directional_follow_through": 0.3, "median_excess_return": -0.061575, "regime_survival": 0.3, "best_return": 0.184275, "worst_return": -0.159036, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.051431, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": 0.07871, "regime_survival": 0.285714, "best_return": 0.190777, "worst_return": -0.241626, "sufficient": true }, { "horizon": 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"regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.574985, "energy": 81.40299, "activity_lines": [ 56.212001, 54.82891, 53.17456, 51.765245 ] }, { "date": "2026-07-31", "close": 56.279999, "volume": 0, "typical_volume": 21.75, "trend": 50.631224, "fair_value": 45.07208, "relative_strength": -5.840944, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.0967, "energy": 57.552021, "activity_lines": [ 56.261334, 55.315273, 53.622433, 52.146724 ] }, { "date": "2026-08-07", "close": 57.040001, "volume": 184, "typical_volume": 30.95, "trend": 50.821283, "fair_value": 45.250719, "relative_strength": -7.006922, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.613047, "energy": 58.078676, "activity_lines": [ 56.450667, 55.863819, 54.081572, 52.560193 ] } ], "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." } } }