{ "ticker": { "uuid": "d66f17b1-6450-4ef3-badc-733d31fbf551", "symbol": "REGN34", "name": "Regeneron Pharmaceuticals, Inc.", "exchange": "SAO", "country": "BR", "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": "^BVSP", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 94.573, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "mixed", "architecture_direction": 45.073, "architecture_energy": 46.087, "architecture_maturity": 67.353, "architecture_confidence": 85.482, "architecture_tenure": "Developing", "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": 37.53, "rotation_up": 67.77, "upward_expansion": 36.61, "deceleration": 44.06, "rotation_down": 14.03, "downward_expansion": 22.95 }, "activity_lines": [ 61.989331, 59.119999, 57.81559, 59.150777 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 66.589996, "trend_reference": 61.204531, "distance_from_trend": 0.087991, "trend_direction": "Weakening", "fair_value": 69.44065, "distance_from_fair_value": -0.041052, "fair_value_direction": "Improving", "relative_strength": 6.69196, "relative_strength_direction": "Improving", "price_momentum": -0.015259, "excess_performance": 0.04179, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.087991, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.048852, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.041052, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.108281, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.06692, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.201264, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.015259, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.306124, "read": "Supply-led" } ], "volume": { "latest": 2024, "relative_activity": 0.630539, "balance": 0.306124, "dry_up": 0.571582, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.05303, "annualized_volatility": 0.331271, "from_high_reference": -0.090192, "from_low_reference": 0.356147 }, "levels": { "trend_reference": 61.204531, "fair_value_reference": 69.44065, "structural_low": 49.945971, "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": 20, "median_return": -0.023049, "positive_rate": 0.35, "directional_follow_through": 0.65, "median_excess_return": -0.0312, "regime_survival": 0.8, "best_return": 0.185877, "worst_return": -0.12287, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.018319, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.011065, "regime_survival": 0.5, "best_return": 0.339898, "worst_return": -0.325587, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.134889, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.063208, "regime_survival": 0.25, "best_return": 0.477074, "worst_return": -0.378919, "sufficient": false }, { "horizon": "Full 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55.205014, 56.812073, 59.047173 ] }, { "date": "2026-07-24", "close": 55.689999, "volume": 1000, "typical_volume": 3002.45, "trend": 61.523658, "fair_value": 69.421113, "relative_strength": -11.588637, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.30587, "energy": 25.223526, "activity_lines": [ 56.554, 55.350909, 56.490738, 58.63579 ] }, { "date": "2026-07-31", "close": 64.269997, "volume": 3257, "typical_volume": 3133.35, "trend": 61.354041, "fair_value": 69.431985, "relative_strength": -0.136017, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 15.910964, "energy": 24.152994, "activity_lines": [ 59.207333, 57.124182, 57.038687, 58.812973 ] }, { "date": "2026-08-07", "close": 66.589996, "volume": 2024, "typical_volume": 3209.95, "trend": 61.204531, "fair_value": 69.44065, "relative_strength": 6.69196, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 45.072701, "energy": 46.086819, "activity_lines": [ 61.989331, 59.119999, 57.81559, 59.150777 ] } ], "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." } } }