{ "ticker": { "uuid": "bd5ea6d2-0456-4243-b93a-fa060a62c128", "symbol": "GHRS", "name": "GH Research PLC", "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": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 75.233, "architecture_energy": 59.532, "architecture_maturity": 52.678, "architecture_confidence": 85.698, "architecture_tenure": "Established", "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": 5.06, "rotation_up": 67.54, "upward_expansion": 84.46, "deceleration": 54.5, "rotation_down": 18.68, "downward_expansion": 8.8 }, "activity_lines": [ 28.626667, 27.489455, 25.089905, 22.849204 ], "activity_state": "Wide", "activity_direction": "Stable", "rotation_direction": "Stable", "price_acceptance": 0.833333 }, "latest_close": 30.27, "trend_reference": 20.235333, "distance_from_trend": 0.495898, "trend_direction": "Improving", "fair_value": 12.428622, "distance_from_fair_value": 1.435507, "fair_value_direction": "Improving", "relative_strength": 54.684706, "relative_strength_direction": "Improving", "price_momentum": 0.996044, "excess_performance": 0.80859, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.495898, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.252677, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.435507, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.547174, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.546847, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.308354, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.996044, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.852553, "read": "Demand-led" } ], "volume": { "latest": 1929592, "relative_activity": 1.565169, "balance": 1.852553, "dry_up": 1.335147, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.118332, "annualized_volatility": 0.55676, "from_high_reference": -0.037183, "from_low_reference": 1.674028 }, "levels": { "trend_reference": 20.235333, "fair_value_reference": 12.428622, "structural_low": 12.77, "invalidation": "A 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"direction": 74.989966, "energy": 78.622731, "activity_lines": [ 27.286667, 25.484909, 22.988333, 21.048043 ] }, { "date": "2026-07-24", "close": 27.28, "volume": 813381, "typical_volume": 1199283.5, "trend": 19.232333, "fair_value": 12.212212, "relative_strength": 51.187185, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.18903, "energy": 70.364642, "activity_lines": [ 27.534, 26.031455, 23.625714, 21.598817 ] }, { "date": "2026-07-31", "close": 28.07, "volume": 1284910, "typical_volume": 1189493.7, "trend": 19.726667, "fair_value": 12.310801, "relative_strength": 52.941673, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.793612, "energy": 57.060307, "activity_lines": [ 27.708667, 26.614545, 24.284286, 22.168989 ] }, { "date": "2026-08-07", "close": 30.27, "volume": 1929592, "typical_volume": 1232832.75, "trend": 20.235333, "fair_value": 12.428622, "relative_strength": 54.684706, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.23281, "energy": 59.532365, "activity_lines": [ 28.626667, 27.489455, 25.089905, 22.849204 ] } ], "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." } } }