{ "ticker": { "uuid": "d71a35b0-f267-4e8c-8fc3-235a7fc7efc7", "symbol": "ROVI", "name": "Laboratorios Farmaceuticos Rovi, S.A.", "exchange": "VIE", "country": "AT", "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": "^ATX", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -53.284, "architecture_energy": 72.917, "architecture_maturity": 50.997, "architecture_confidence": 88.78, "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": 14.34, "rotation_up": 28.0, "upward_expansion": 35.47, "deceleration": 23.94, "rotation_down": 46.66, "downward_expansion": 76.47 }, "activity_lines": [ 57.926041, 57.314668, 60.175302, 64.48499 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 58.700001, "trend_reference": 69.055356, "distance_from_trend": -0.149957, "trend_direction": "Weakening", "fair_value": 63.978216, "distance_from_fair_value": -0.0825, "fair_value_direction": "Weakening", "relative_strength": -26.803642, "relative_strength_direction": "Weakening", "price_momentum": -0.193127, "excess_performance": -0.367374, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.149957, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.017262, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.0825, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.086016, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.268036, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.102197, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.193127, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 5.0, "read": "Demand-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 5.0, "dry_up": 0.0, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.032256, "annualized_volatility": 0.413147, "from_high_reference": -0.322171, "from_low_reference": 0.104421 }, "levels": { "trend_reference": 69.055356, "fair_value_reference": 63.978216, "structural_low": 53.150002, "invalidation": 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"gate": "down", "direction": -76.929891, "energy": 71.600447, "activity_lines": [ 55.395692, 56.538886, 62.574502, 66.560758 ] }, { "date": "2026-07-24", "close": 59.099998, "volume": 0, "typical_volume": 7.0, "trend": 69.552023, "fair_value": 63.793247, "relative_strength": -24.70733, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.531739, "energy": 64.07087, "activity_lines": [ 56.441381, 56.847782, 61.701118, 65.878154 ] }, { "date": "2026-07-31", "close": 58.650002, "volume": 0, "typical_volume": 7.0, "trend": 69.392023, "fair_value": 63.896648, "relative_strength": -24.961481, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.507925, "energy": 56.5842, "activity_lines": [ 57.213815, 57.072134, 60.885115, 65.174798 ] }, { "date": "2026-08-07", "close": 58.700001, "volume": 0, "typical_volume": 7.0, "trend": 69.055356, "fair_value": 63.978216, "relative_strength": -26.803642, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.284167, "energy": 72.916705, "activity_lines": [ 57.926041, 57.314668, 60.175302, 64.48499 ] } ], "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." } } }