{ "ticker": { "uuid": "cb0c329f-77b8-4461-8d24-f4a73222401f", "symbol": "GHC", "name": "Garofalo Health Care S.p.A.", "exchange": "MIL", "country": "IT", "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": "FTSEMIB.MI", "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": 60.834, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 75.075, "architecture_energy": 77.828, "architecture_maturity": 10.456, "architecture_confidence": 79.46, "architecture_tenure": "New", "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": 7.47, "rotation_up": 72.84, "upward_expansion": 95.94, "deceleration": 39.55, "rotation_down": 16.1, "downward_expansion": 17.94 }, "activity_lines": [ 5.569333, 5.496727, 5.365067, 5.266711 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 5.64, "trend_reference": 5.218848, "distance_from_trend": 0.080698, "trend_direction": "Improving", "fair_value": 4.956092, "distance_from_fair_value": 0.137993, "fair_value_direction": "Improving", "relative_strength": -6.433378, "relative_strength_direction": "Improving", "price_momentum": 0.036304, "excess_performance": -0.134588, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.080698, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.008516, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.137993, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.06904, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.064334, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.039967, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.036304, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 6.496364, "read": "Demand-led" } ], "volume": { "latest": 66828, "relative_activity": 0.66, "balance": 6.496364, "dry_up": 1.208465, "accumulation_observations": 4, "distribution_observations": 0 }, "risk": { "range_context": 0.032656, "annualized_volatility": 0.264929, "from_high_reference": -0.035106, "from_low_reference": 0.321317 }, "levels": { "trend_reference": 5.218848, "fair_value_reference": 4.956092, "structural_low": 4.268469, "invalidation": "A sustained 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5.19367, 5.176284 ] }, { "date": "2026-07-17", "close": 5.48, "volume": 60617, "typical_volume": 116624.5, "trend": 5.204435, "fair_value": 4.926093, "relative_strength": -6.498229, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.906729, "energy": 52.971271, "activity_lines": [ 5.437333, 5.390309, 5.23049, 5.194523 ] }, { "date": "2026-07-24", "close": 5.5, "volume": 193643, "typical_volume": 121480.0, "trend": 5.205699, "fair_value": 4.935951, "relative_strength": -5.737829, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 65.672466, "energy": 67.656847, "activity_lines": [ 5.476, 5.416364, 5.269458, 5.213592 ] }, { "date": "2026-07-31", "close": 5.6, "volume": 168362, "typical_volume": 119218.9, "trend": 5.210952, "fair_value": 4.946079, "relative_strength": -4.479492, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.260837, "energy": 74.521707, "activity_lines": [ 5.525333, 5.454909, 5.316411, 5.239031 ] }, { "date": "2026-08-07", "close": 5.64, "volume": 66828, "typical_volume": 101254.5, "trend": 5.218848, "fair_value": 4.956092, "relative_strength": -6.433378, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.074909, "energy": 77.828247, "activity_lines": [ 5.569333, 5.496727, 5.365067, 5.266711 ] } ], "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." } } }