{ "ticker": { "uuid": "e7789cee-c0d0-45b4-a8a2-a142b8f41bbe", "symbol": "ALNTG", "name": "Netgem SA", "exchange": "PAR", "country": "FR", "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": "^FCHI", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 58.344, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 58.078, "architecture_energy": 42.304, "architecture_maturity": 29.433, "architecture_confidence": 70.165, "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": 17.46, "rotation_up": 51.14, "upward_expansion": 79.37, "deceleration": 63.22, "rotation_down": 23.0, "downward_expansion": 6.04 }, "activity_lines": [ 0.846933, 0.840324, 0.817816, 0.796143 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 0.84, "trend_reference": 0.774292, "distance_from_trend": 0.084863, "trend_direction": "Improving", "fair_value": 0.866217, "distance_from_fair_value": -0.030266, "fair_value_direction": "Improving", "relative_strength": -4.177226, "relative_strength_direction": "Improving", "price_momentum": 0.12, "excess_performance": 0.066689, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.084863, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.001412, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.030266, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.096024, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.041772, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.07469, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.12, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.897508, "read": "Demand-led" } ], "volume": { "latest": 107627, "relative_activity": 1.458942, "balance": 1.897508, "dry_up": 1.390286, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.054602, "annualized_volatility": 0.402324, "from_high_reference": -0.125, "from_low_reference": 0.381579 }, "levels": { "trend_reference": 0.774292, "fair_value_reference": 0.866217, "structural_low": 0.608, "invalidation": 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"relative_strength": 1.976495, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.19994, "energy": 79.246201, "activity_lines": [ 0.854288, 0.830255, 0.801388, 0.782991 ] }, { "date": "2026-07-24", "close": 0.82, "volume": 94471, "typical_volume": 89715.6, "trend": 0.771691, "fair_value": 0.867406, "relative_strength": -3.577982, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.473133, "energy": 71.196861, "activity_lines": [ 0.848133, 0.831187, 0.805765, 0.786194 ] }, { "date": "2026-07-31", "close": 0.858, "volume": 121724, "typical_volume": 80550.0, "trend": 0.772092, "fair_value": 0.866855, "relative_strength": -0.23975, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.904807, "energy": 65.013752, "activity_lines": [ 0.85237, 0.838119, 0.812924, 0.791762 ] }, { "date": "2026-08-07", "close": 0.84, "volume": 107627, "typical_volume": 73770.6, "trend": 0.774292, "fair_value": 0.866217, "relative_strength": -4.177226, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.078128, "energy": 42.303973, "activity_lines": [ 0.846933, 0.840324, 0.817816, 0.796143 ] } ], "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." } } }