{ "ticker": { "uuid": "f0929ea2-bffc-4811-aad4-35674cb71e2e", "symbol": "SNWV", "name": "SANUWAVE Health, Inc. Common Stock", "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": -72.939, "architecture_energy": 85.171, "architecture_maturity": 82.0, "architecture_confidence": 88.193, "architecture_tenure": "Extended", "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": 3.33, "rotation_up": 12.24, "upward_expansion": 19.96, "deceleration": 38.38, "rotation_down": 77.58, "downward_expansion": 95.63 }, "activity_lines": [ 6.422, 7.934182, 11.000143, 13.477656 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 5.88, "trend_reference": 17.065, "distance_from_trend": -0.655435, "trend_direction": "Weakening", "fair_value": 18.600593, "distance_from_fair_value": -0.683881, "fair_value_direction": "Weakening", "relative_strength": -79.402836, "relative_strength_direction": "Weakening", "price_momentum": -0.772358, "excess_performance": -0.959811, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.655435, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.304213, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.683881, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.536297, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.794028, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.225395, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.772358, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.336864, "read": "Supply-led" } ], "volume": { "latest": 714692, "relative_activity": 0.876613, "balance": 0.336864, "dry_up": 1.798297, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.451125, "annualized_volatility": 1.189751, "from_high_reference": -0.873779, "from_low_reference": 0.11575 }, "levels": { "trend_reference": 17.065, "fair_value_reference": 18.600593, "structural_low": 5.27, "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": 35, "median_return": -0.070968, "positive_rate": 0.285714, "directional_follow_through": 0.657143, "median_excess_return": -0.097451, "regime_survival": 0.857143, "best_return": 1.191066, "worst_return": -0.477231, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": -0.182903, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.19488, "regime_survival": 0.583333, "best_return": 0.915017, "worst_return": -0.456423, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.3, "positive_rate": 0.285714, "directional_follow_through": 0.714286, "median_excess_return": -0.332191, "regime_survival": 0.428571, "best_return": 3.074505, "worst_return": -0.622983, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.363368, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.406223, "regime_survival": 0.75, "best_return": 5.730667, "worst_return": -0.731818, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-11-17", "end": "2024-01-12", "tenure": "Developing", "return": 0.84, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-01-19", "end": "2024-02-09", "tenure": "New", "return": -0.152893, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-02-16", "end": "2024-04-05", "tenure": "Developing", "return": -0.197379, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-04-12", "end": "2024-06-21", "tenure": "Developing", "return": -0.179487, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-06-28", "end": "2024-07-05", "tenure": "New", "return": 0.125, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-07-12", "end": "2024-09-20", "tenure": "Developing", "return": 0.438591, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-27", "end": "2024-10-04", "tenure": "New", "return": 0.083871, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-11", "end": "2025-04-25", "tenure": "Extended", "return": 1.308409, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-05-02", "end": "2025-07-11", "tenure": "Developing", "return": 0.125566, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-09-19", "tenure": "Developing", "return": -0.111111, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-26", "end": "2025-10-24", "tenure": "Developing", "return": -0.099709, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-31", "end": "2025-11-28", "tenure": "Developing", "return": 0.17208, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-05", "end": "2026-01-02", "tenure": "Developing", "return": -0.116379, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-09", "end": "2026-08-07", "tenure": "Extended", "return": -0.8102, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 6.375, "volume": 343076, "typical_volume": 1546799.05, "trend": 9.650688, "fair_value": 40.870925, "relative_strength": -59.837958, "stage": 4, "regime": 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"trend": 20.339667, "fair_value": 18.624724, "relative_strength": -63.452331, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.297228, "energy": 83.497835, "activity_lines": [ 10.672, 12.26, 14.509143, 16.833011 ] }, { "date": "2026-07-17", "close": 6.39, "volume": 3390194, "typical_volume": 742370.15, "trend": 19.477667, "fair_value": 18.620601, "relative_strength": -78.566698, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.160927, "energy": 85.159145, "activity_lines": [ 9.132667, 10.960364, 13.536857, 15.933032 ] }, { "date": "2026-07-24", "close": 5.93, "volume": 1070201, "typical_volume": 782490.0, "trend": 18.659, "fair_value": 18.616066, "relative_strength": -79.243015, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.101049, "energy": 72.70979, "activity_lines": [ 8.008, 9.744, 12.606167, 15.058989 ] }, { "date": "2026-07-31", "close": 6.17, "volume": 689431, "typical_volume": 795124.95, "trend": 17.901667, "fair_value": 18.60754, "relative_strength": -77.944975, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.705354, "energy": 79.397614, "activity_lines": [ 7.182, 8.769818, 11.780429, 14.253247 ] }, { "date": "2026-08-07", "close": 5.88, "volume": 714692, "typical_volume": 815287.85, "trend": 17.065, "fair_value": 18.600593, "relative_strength": -79.402836, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.939096, "energy": 85.170605, "activity_lines": [ 6.422, 7.934182, 11.000143, 13.477656 ] } ], "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." } } }