{ "ticker": { "uuid": "c1d5de20-bb9c-478b-b643-c7dc8ae9ec99", "symbol": "ONT", "name": "Oxford Nanopore Technologies plc", "exchange": "LSE", "country": "GB", "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": "^FTSE", "stage": 4, "stage_name": "Declining", "phase": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 65.793, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -40.9, "architecture_energy": 27.7, "architecture_maturity": 5.035, "architecture_confidence": 90.745, "architecture_tenure": "New", "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": 38.27, "rotation_up": 18.35, "upward_expansion": 5.21, "deceleration": 44.8, "rotation_down": 48.77, "downward_expansion": 73.87 }, "activity_lines": [ 116.426667, 117.230909, 119.592381, 121.309462 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 124.9, "trend_reference": 126.536667, "distance_from_trend": -0.012934, "trend_direction": "Weakening", "fair_value": 143.561859, "distance_from_fair_value": -0.129992, "fair_value_direction": "Improving", "relative_strength": -17.042871, "relative_strength_direction": "Improving", "price_momentum": -0.194194, "excess_performance": -0.260472, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.012934, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.032422, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.129992, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.134283, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.170429, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.090481, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.194194, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.407663, "read": "Demand-led" } ], "volume": { "latest": 5329666, "relative_activity": 0.950885, "balance": 1.407663, "dry_up": 1.197944, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.107431, "annualized_volatility": 0.538395, "from_high_reference": -0.444395, "from_low_reference": 0.306349 }, "levels": { "trend_reference": 126.536667, "fair_value_reference": 143.561859, 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"volume": 5048847, "typical_volume": 5751634.7, "trend": 127.123334, "fair_value": 145.385577, "relative_strength": -29.569329, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.374731, "energy": 52.353853, "activity_lines": [ 114.266667, 117.943636, 119.65, 122.307097 ] }, { "date": "2026-07-31", "close": 113.4, "volume": 4284510, "typical_volume": 5694831.25, "trend": 126.64, "fair_value": 144.427885, "relative_strength": -25.545163, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.62919, "energy": 47.364366, "activity_lines": [ 113.073333, 116.396364, 119.064762, 121.42172 ] }, { "date": "2026-08-07", "close": 124.9, "volume": 5329666, "typical_volume": 5604953.15, "trend": 126.536667, "fair_value": 143.561859, "relative_strength": -17.042871, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.900427, "energy": 27.700433, "activity_lines": [ 116.426667, 117.230909, 119.592381, 121.309462 ] } ], "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." } } }