{ "ticker": { "uuid": "d7743bc6-4d48-4e9d-b325-3a4d7c70c579", "symbol": "INO", "name": "Inovio 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": 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": "Established contraction", "architecture_gate": "down", "architecture_direction": -82.901, "architecture_energy": 87.546, "architecture_maturity": 72.0, "architecture_confidence": 82.28, "architecture_tenure": "Established", "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": 12.38, "rotation_up": 8.93, "upward_expansion": 19.88, "deceleration": 37.04, "rotation_down": 79.33, "downward_expansion": 93.21 }, "activity_lines": [ 0.82522, 0.955796, 1.070475, 1.172969 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 0.668, "trend_reference": 1.311003, "distance_from_trend": -0.490467, "trend_direction": "Weakening", "fair_value": 4.236713, "distance_from_fair_value": -0.842331, "fair_value_direction": "Weakening", "relative_strength": -65.919079, "relative_strength_direction": "Weakening", "price_momentum": -0.59759, "excess_performance": -0.785044, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.490467, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.198163, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.842331, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.155413, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.659191, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.312699, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.59759, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.304327, "read": "Supply-led" } ], "volume": { "latest": 18680201, "relative_activity": 1.337364, "balance": 0.304327, "dry_up": 1.498332, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.283211, "annualized_volatility": 0.929104, "from_high_reference": -0.775756, "from_low_reference": 0.18608 }, "levels": { "trend_reference": 1.311003, "fair_value_reference": 4.236713, "structural_low": 0.5632, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 45, "median_return": -0.077728, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.056863, "regime_survival": 0.888889, "best_return": 0.377358, "worst_return": -0.56713, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": -0.274368, "positive_rate": 0.214286, "directional_follow_through": 0.785714, "median_excess_return": -0.227475, "regime_survival": 0.785714, "best_return": 0.945946, "worst_return": -0.532374, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.507645, "positive_rate": 0.285714, "directional_follow_through": 0.714286, "median_excess_return": -0.469956, "regime_survival": 0.714286, "best_return": 1.656532, "worst_return": -0.68949, "sufficient": true }, { 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-68.177617, "energy": 40.192372, "activity_lines": [ 1.094033, 1.118473, 1.173652, 1.261372 ] }, { "date": "2026-07-31", "close": 0.677, "volume": 50816028, "typical_volume": 13225333.7, "trend": 1.340737, "fair_value": 4.267316, "relative_strength": -64.092827, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.017665, "energy": 64.021379, "activity_lines": [ 0.947027, 1.031835, 1.120152, 1.216372 ] }, { "date": "2026-08-07", "close": 0.668, "volume": 18680201, "typical_volume": 13967930.15, "trend": 1.311003, "fair_value": 4.236713, "relative_strength": -65.919079, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.901002, "energy": 87.545629, "activity_lines": [ 0.82522, 0.955796, 1.070475, 1.172969 ] } ], "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." } } }