{ "ticker": { "uuid": "ed075285-1fa4-440b-a28e-4ec09e0a6405", "symbol": "AMGN", "name": "Amgen 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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 86.845, "architecture_energy": 84.451, "architecture_maturity": 23.774, "architecture_confidence": 69.136, "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": 6.07, "rotation_up": 84.69, "upward_expansion": 95.93, "deceleration": 39.77, "rotation_down": 9.18, "downward_expansion": 17.93 }, "activity_lines": [ 336.32333, 327.614544, 314.123209, 310.225889 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 350.649994, "trend_reference": 305.664356, "distance_from_trend": 0.147173, "trend_direction": "Improving", "fair_value": 263.170281, "distance_from_fair_value": 0.332407, "fair_value_direction": "Improving", "relative_strength": 0.682499, "relative_strength_direction": "Improving", "price_momentum": 0.11868, "excess_performance": -0.055566, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.147173, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.047622, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.332407, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.236308, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.006825, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.127786, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.11868, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.376712, "read": "Demand-led" } ], "volume": { "latest": 808, "relative_activity": 2.920658, "balance": 2.376712, "dry_up": 1.717875, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.043881, "annualized_volatility": 0.252829, "from_high_reference": -0.031621, "from_low_reference": 0.559979 }, "levels": { "trend_reference": 305.664356, "fair_value_reference": 263.170281, "structural_low": 273.255402, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 29, "median_return": -0.014449, "positive_rate": 0.448276, "directional_follow_through": 0.448276, "median_excess_return": -0.006146, "regime_survival": 0.724138, "best_return": 0.159115, "worst_return": -0.090228, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.032972, "positive_rate": 0.636364, "directional_follow_through": 0.636364, "median_excess_return": -0.006212, "regime_survival": 0.454545, "best_return": 0.160251, "worst_return": -0.164261, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.006837, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.063502, "regime_survival": 0.166667, "best_return": 0.218776, "worst_return": -0.05255, "sufficient": true }, { 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"fair_value": 260.593421, "relative_strength": -2.463832, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.256474, "energy": 77.243228, "activity_lines": [ 319.966671, 312.248183, 304.135911, 303.154122 ] }, { "date": "2026-07-24", "close": 330.049988, "volume": 545, "typical_volume": 274.6, "trend": 301.288793, "fair_value": 261.460309, "relative_strength": -2.388167, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.962244, "energy": 78.628472, "activity_lines": [ 324.829999, 316.777272, 306.795477, 305.121596 ] }, { "date": "2026-07-31", "close": 333.0, "volume": 278, "typical_volume": 250.95, "trend": 303.244669, "fair_value": 262.306756, "relative_strength": -1.408316, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.195913, "energy": 74.968366, "activity_lines": [ 328.206665, 320.962727, 309.654334, 307.167481 ] }, { "date": "2026-08-07", "close": 350.649994, "volume": 808, "typical_volume": 276.65, "trend": 305.664356, "fair_value": 263.170281, "relative_strength": 0.682499, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.845119, "energy": 84.450729, "activity_lines": [ 336.32333, 327.614544, 314.123209, 310.225889 ] } ], "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." } } }