{ "ticker": { "uuid": "e26de090-2164-462f-bfad-8ab4b9b1b61d", "symbol": "ENPH", "name": "Enphase Energy, Inc.", "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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -22.207, "architecture_energy": 32.54, "architecture_maturity": 7.912, "architecture_confidence": 57.196, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 44.22, "rotation_up": 14.3, "upward_expansion": 16.47, "deceleration": 63.41, "rotation_down": 65.54, "downward_expansion": 43.81 }, "activity_lines": [ 34.551665, 37.122454, 39.421071, 38.591107 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 35.849998, "trend_reference": 37.448166, "distance_from_trend": -0.042677, "trend_direction": "Improving", "fair_value": 66.881859, "distance_from_fair_value": -0.46398, "fair_value_direction": "Improving", "relative_strength": -13.253922, "relative_strength_direction": "Improving", "price_momentum": -0.111634, "excess_performance": -0.285881, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.042677, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.131535, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.46398, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.13661, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.132539, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.068482, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.111634, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.372852, "read": "Demand-led" } ], "volume": { "latest": 3547, "relative_activity": 1.166872, "balance": 2.372852, "dry_up": 0.873263, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.165626, "annualized_volatility": 0.855443, "from_high_reference": -0.423355, "from_low_reference": 0.590153 }, "levels": { "trend_reference": 37.448166, "fair_value_reference": 66.881859, "structural_low": 26.110001, 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"2026-01-16", "end": "2026-01-23", "tenure": "New", "return": 0.123424, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-30", "end": "2026-02-06", "tenure": "New", "return": 0.284986, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-13", "end": "2026-03-27", "tenure": "Developing", "return": -0.110651, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-04-24", "tenure": "New", "return": -0.049319, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-01", "end": "2026-05-15", "tenure": "New", "return": 0.416488, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-22", "end": "2026-07-03", "tenure": "Developing", "return": -0.309627, "active": false }, { "regime": 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"modifier": "Recompressing", "gate": "mixed", "direction": -32.3722, "energy": 37.033035, "activity_lines": [ 34.532666, 38.318273, 39.654547, 38.682226 ] }, { "date": "2026-08-07", "close": 35.849998, "volume": 3547, "typical_volume": 3039.75, "trend": 37.448166, "fair_value": 66.881859, "relative_strength": -13.253922, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.206947, "energy": 32.540118, "activity_lines": [ 34.551665, 37.122454, 39.421071, 38.591107 ] } ], "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." } } }