{ "ticker": { "uuid": "d410570c-d520-402b-97a5-d25a88803071", "symbol": "XENE", "name": "Xenon Pharmaceuticals Inc", "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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 61.419, "architecture_energy": 53.581, "architecture_maturity": 30.898, "architecture_confidence": 80.883, "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": 19.55, "rotation_up": 61.84, "upward_expansion": 79.13, "deceleration": 65.28, "rotation_down": 15.73, "downward_expansion": 8.13 }, "activity_lines": [ 64.612, 63.104545, 59.96019, 57.666817 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 63.36, "trend_reference": 53.659333, "distance_from_trend": 0.180782, "trend_direction": "Improving", "fair_value": 41.789167, "distance_from_fair_value": 0.516182, "fair_value_direction": "Improving", "relative_strength": 15.763106, "relative_strength_direction": "Improving", "price_momentum": 0.531174, "excess_performance": 0.343721, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.180782, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.123168, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.516182, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.109295, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.157631, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.014218, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.531174, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.846778, "read": "Demand-led" } ], "volume": { "latest": 2952453, "relative_activity": 0.498002, "balance": 1.846778, "dry_up": 0.644179, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.073564, "annualized_volatility": 0.487953, "from_high_reference": -0.127993, "from_low_reference": 0.932886 }, "levels": { "trend_reference": 53.659333, "fair_value_reference": 41.789167, "structural_low": 40.74, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 29, "median_return": -0.042103, "positive_rate": 0.37931, "directional_follow_through": 0.37931, "median_excess_return": -0.035037, "regime_survival": 0.689655, "best_return": 0.261712, "worst_return": -0.300565, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": -0.046787, "positive_rate": 0.363636, "directional_follow_through": 0.363636, "median_excess_return": -0.07466, "regime_survival": 0.272727, "best_return": 0.214987, "worst_return": -0.100189, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.056317, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": -0.014847, "regime_survival": 0.428571, "best_return": 0.434439, "worst_return": -0.09849, "sufficient": true }, { "horizon": "Full 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"direction": 82.622531, "energy": 91.366284, "activity_lines": [ 64.816667, 60.373455, 58.089619, 55.441591 ] }, { "date": "2026-07-24", "close": 65.42, "volume": 3148584, "typical_volume": 7387395.7, "trend": 52.346333, "fair_value": 41.467628, "relative_strength": 28.427243, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.055079, "energy": 86.257604, "activity_lines": [ 65.904, 61.760545, 58.95219, 56.329312 ] }, { "date": "2026-07-31", "close": 62.67, "volume": 2984238, "typical_volume": 6159420.0, "trend": 52.952333, "fair_value": 41.624679, "relative_strength": 21.234462, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.377011, "energy": 80.858247, "activity_lines": [ 65.240667, 62.447091, 59.441048, 56.995355 ] }, { "date": "2026-08-07", "close": 63.36, "volume": 2952453, "typical_volume": 5928602.1, "trend": 53.659333, "fair_value": 41.789167, "relative_strength": 15.763106, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.418801, "energy": 53.58066, "activity_lines": [ 64.612, 63.104545, 59.96019, 57.666817 ] } ], "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." } } }