{ "ticker": { "uuid": "c72026fe-9ad1-4742-bc17-eb5fe4ae10c3", "symbol": "ENG", "name": "Enag\u00e1s, S.A.", "exchange": "MCE", "country": "ES", "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": "^IBEX", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 86.192, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 52.04, "architecture_energy": 37.627, "architecture_maturity": 47.412, "architecture_confidence": 51.439, "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": 32.71, "rotation_up": 38.34, "upward_expansion": 71.17, "deceleration": 75.43, "rotation_down": 25.9, "downward_expansion": 4.83 }, "activity_lines": [ 17.014667, 17.012017, 16.870441, 16.604586 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 16.84, "trend_reference": 16.0715, "distance_from_trend": 0.047818, "trend_direction": "Improving", "fair_value": 13.438637, "distance_from_fair_value": 0.253103, "fair_value_direction": "Improving", "relative_strength": -2.829332, "relative_strength_direction": "Weakening", "price_momentum": 0.168633, "excess_performance": 0.044202, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.047818, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.078106, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.253103, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.04277, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.028293, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.049084, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.168633, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.01045, "read": "Demand-led" } ], "volume": { "latest": 2528923, "relative_activity": 0.556011, "balance": 1.01045, "dry_up": 0.74939, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.027484, "annualized_volatility": 0.277636, "from_high_reference": -0.045351, "from_low_reference": 0.334893 }, "levels": { "trend_reference": 16.0715, "fair_value_reference": 13.438637, "structural_low": 14.255, 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"modifier": "Re-accelerating", "gate": "up", "direction": 78.809031, "energy": 54.472127, "activity_lines": [ 17.115311, 17.03649, 16.830132, 16.479006 ] }, { "date": "2026-07-31", "close": 16.93, "volume": 3211162, "typical_volume": 4723931.25, "trend": 15.971167, "fair_value": 13.415663, "relative_strength": -0.424142, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.25639, "energy": 41.97352, "activity_lines": [ 17.077334, 17.035399, 16.859084, 16.548532 ] }, { "date": "2026-08-07", "close": 16.84, "volume": 2528923, "typical_volume": 4548330.35, "trend": 16.0715, "fair_value": 13.438637, "relative_strength": -2.829332, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.039669, "energy": 37.62723, "activity_lines": [ 17.014667, 17.012017, 16.870441, 16.604586 ] } ], "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." } } }