{ "ticker": { "uuid": "c17e41f0-2af9-401f-9163-fe50740ea6b4", "symbol": "WATT", "name": "Energous Corporation", "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": "1a", "phase_label": "Stage 1A \u00b7 Bottoming", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 53.351, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -24.42, "architecture_energy": 53.206, "architecture_maturity": 4.469, "architecture_confidence": 59.758, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 34.26, "rotation_up": 14.58, "upward_expansion": 26.54, "deceleration": 49.61, "rotation_down": 65.92, "downward_expansion": 53.87 }, "activity_lines": [ 16.056667, 18.244727, 21.423714, 20.702882 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 18.49, "trend_reference": 18.382333, "distance_from_trend": 0.005857, "trend_direction": "Improving", "fair_value": 25.525679, "distance_from_fair_value": -0.275631, "fair_value_direction": "Weakening", "relative_strength": 23.831268, "relative_strength_direction": "Weakening", "price_momentum": 1.043094, "excess_performance": 0.85564, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.005857, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.360881, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.275631, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.017512, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.238313, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.974085, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 1.043094, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.408659, "read": "Supply-led" } ], "volume": { "latest": 998498, "relative_activity": 0.554659, "balance": 0.408659, "dry_up": 0.50018, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.280209, "annualized_volatility": 1.227171, "from_high_reference": -0.499999, "from_low_reference": 4.107594 }, "levels": { "trend_reference": 18.382333, "fair_value_reference": 25.525679, "structural_low": 8.66, "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": 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": "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", "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 } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2022-08-26", "end": "2022-10-07", "tenure": "Developing", "return": -0.240876, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2022-10-14", "end": "2022-12-09", "tenure": "Developing", "return": -0.034726, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2022-12-16", "end": "2023-12-15", "tenure": "Extended", "return": -0.88674, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-12-22", "end": "2023-12-29", "tenure": "New", "return": -0.094059, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-01-05", "end": "2024-02-09", "tenure": "Developing", "return": 0.067485, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-02-16", "end": "2024-04-26", "tenure": "Developing", "return": -0.438017, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-05-03", "end": "2025-07-04", "tenure": "Extended", "return": -0.811565, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-08-15", "tenure": "Developing", "return": -0.342711, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-22", "end": "2025-11-21", "tenure": "Established", "return": -0.215711, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-28", "end": "2026-02-06", "tenure": "Developing", "return": 0.446843, "active": false }, { "regime": "rotation_up", 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"modifier": "Recompressing", "gate": "up", "direction": -9.592298, "energy": 20.220465, "activity_lines": [ 19.402667, 21.923636, 23.264095, 21.064505 ] }, { "date": "2026-07-24", "close": 14.59, "volume": 794040, "typical_volume": 1991918.65, "trend": 17.61, "fair_value": 27.117474, "relative_strength": 4.185827, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.394373, "energy": 35.631917, "activity_lines": [ 17.236, 20.278, 22.556524, 20.892968 ] }, { "date": "2026-07-31", "close": 14.11, "volume": 723406, "typical_volume": 1920833.2, "trend": 17.936333, "fair_value": 26.261, "relative_strength": 0.272266, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.672588, "energy": 55.920488, "activity_lines": [ 15.618667, 18.725636, 21.786143, 20.667161 ] }, { "date": "2026-08-07", "close": 18.49, "volume": 998498, "typical_volume": 1800202.25, "trend": 18.382333, "fair_value": 25.525679, "relative_strength": 23.831268, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.420102, "energy": 53.206147, "activity_lines": [ 16.056667, 18.244727, 21.423714, 20.702882 ] } ], "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." } } }