{ "ticker": { "uuid": "f122c6ce-687d-42fb-87f1-05f6399d9ae6", "symbol": "IBRX", "name": "Immunitybio 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": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 85.544, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": -9.058, "architecture_energy": 15.077, "architecture_maturity": 20.858, "architecture_confidence": 47.646, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 64.09, "rotation_up": 18.36, "upward_expansion": 20.33, "deceleration": 68.55, "rotation_down": 52.01, "downward_expansion": 33.99 }, "activity_lines": [ 7.450667, 7.746364, 7.702095, 7.712828 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 7.64, "trend_reference": 7.5665, "distance_from_trend": 0.009714, "trend_direction": "Improving", "fair_value": 4.387532, "distance_from_fair_value": 0.741298, "fair_value_direction": "Weakening", "relative_strength": 27.144043, "relative_strength_direction": "Weakening", "price_momentum": 0.26281, "excess_performance": 0.075356, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.009714, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.323393, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.741298, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.406249, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.27144, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.467998, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.26281, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.161641, "read": "Demand-led" } ], "volume": { "latest": 56449073, "relative_activity": 0.818089, "balance": 1.161641, "dry_up": 0.682221, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.141428, "annualized_volatility": 0.804809, "from_high_reference": -0.385358, "from_low_reference": 2.917949 }, "levels": { "trend_reference": 7.5665, "fair_value_reference": 4.387532, "structural_low": 5.8201, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 15, "median_return": -0.055118, "positive_rate": 0.266667, "directional_follow_through": 0.266667, "median_excess_return": -0.098041, "regime_survival": 0.533333, "best_return": 0.180929, "worst_return": -0.486275, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.204724, "positive_rate": 0.142857, "directional_follow_through": 0.142857, "median_excess_return": -0.267624, "regime_survival": 0.0, "best_return": 0.491003, "worst_return": -0.596234, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.23127, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.398361, "regime_survival": 0.4, "best_return": 0.436681, "worst_return": -0.503922, "sufficient": true }, { "horizon": "Full 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38.590214, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.72884, "energy": 45.462977, "activity_lines": [ 8.292, 7.992364, 7.82881, 7.696688 ] }, { "date": "2026-07-24", "close": 7.1, "volume": 39400530, "typical_volume": 75107948.85, "trend": 7.217833, "fair_value": 4.317212, "relative_strength": 28.555598, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.730954, "energy": 17.742262, "activity_lines": [ 7.898, 7.862545, 7.760286, 7.699753 ] }, { "date": "2026-07-31", "close": 7.17, "volume": 51651473, "typical_volume": 72057518.6, "trend": 7.3895, "fair_value": 4.350288, "relative_strength": 27.255921, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.593631, "energy": 13.058136, "activity_lines": [ 7.544667, 7.761273, 7.705905, 7.696667 ] }, { "date": "2026-08-07", "close": 7.64, "volume": 56449073, "typical_volume": 69001167.85, "trend": 7.5665, "fair_value": 4.387532, "relative_strength": 27.144043, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.05849, "energy": 15.07696, "activity_lines": [ 7.450667, 7.746364, 7.702095, 7.712828 ] } ], "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." } } }