{ "ticker": { "uuid": "f5e39a00-ea1c-4f19-a62e-0ff9c8975795", "symbol": "RJF", "name": "Laboratorio Reig Jofre, S.A.", "exchange": "MCE", "country": "ES", "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": "^IBEX", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 51.054, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 42.355, "architecture_energy": 24.319, "architecture_maturity": 20.041, "architecture_confidence": 44.94, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 37.79, "rotation_up": 40.19, "upward_expansion": 60.66, "deceleration": 56.78, "rotation_down": 24.91, "downward_expansion": 17.66 }, "activity_lines": [ 2.683333, 2.674909, 2.677528, 2.650308 ], "activity_state": "Moderate", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 2.71, "trend_reference": 2.632219, "distance_from_trend": 0.02955, "trend_direction": "Weakening", "fair_value": 2.63777, "distance_from_fair_value": 0.027383, "fair_value_direction": "Weakening", "relative_strength": -14.739937, "relative_strength_direction": "Weakening", "price_momentum": -0.002209, "excess_performance": -0.12664, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.02955, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.001174, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.027383, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.02281, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.147399, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.022577, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.002209, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.016977, "read": "Demand-led" } ], "volume": { "latest": 40422, "relative_activity": 0.94088, "balance": 1.016977, "dry_up": 1.06151, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.026615, "annualized_volatility": 0.198735, "from_high_reference": -0.183896, "from_low_reference": 0.178425 }, "levels": { "trend_reference": 2.632219, "fair_value_reference": 2.63777, "structural_low": 2.299679, "invalidation": "A renewed decline 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"2025-05-02", "end": "2025-05-16", "tenure": "New", "return": 0.061044, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2025-07-04", "tenure": "Developing", "return": -0.047619, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-11", "end": "2025-09-05", "tenure": "Developing", "return": -0.066667, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-09-12", "end": "2025-09-26", "tenure": "New", "return": -0.02439, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-10-03", "end": "2025-10-24", "tenure": "New", "return": -0.068966, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-31", "end": "2025-11-21", "tenure": "New", "return": -0.061856, "active": false }, { "regime": "downward_expansion", 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2.634498, "relative_strength": -16.505962, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.64926, "energy": 19.592387, "activity_lines": [ 2.684, 2.694917, 2.648402, 2.634415 ] }, { "date": "2026-07-03", "close": 2.69, "volume": 2674, "typical_volume": 85201.05, "trend": 2.62833, "fair_value": 2.636096, "relative_strength": -17.563178, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.823473, "energy": 18.244417, "activity_lines": [ 2.684667, 2.693382, 2.65625, 2.63821 ] }, { "date": "2026-07-10", "close": 2.62, "volume": 37492, "typical_volume": 79347.95, "trend": 2.624469, "fair_value": 2.636999, "relative_strength": -17.022542, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.417323, "energy": 14.797742, "activity_lines": [ 2.662667, 2.67833, 2.657413, 2.637673 ] }, { "date": "2026-07-17", "close": 2.62, "volume": 14472, "typical_volume": 73628.15, "trend": 2.623912, "fair_value": 2.636855, "relative_strength": -15.552023, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.882231, "energy": 14.975502, "activity_lines": [ 2.646667, 2.665205, 2.658372, 2.637385 ] }, { "date": "2026-07-24", "close": 2.64, "volume": 47243, "typical_volume": 59427.15, "trend": 2.626666, "fair_value": 2.63653, "relative_strength": -15.793349, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.855227, "energy": 14.238408, "activity_lines": [ 2.640667, 2.658182, 2.661032, 2.638422 ] }, { "date": "2026-07-31", "close": 2.73, "volume": 80281, "typical_volume": 44855.2, "trend": 2.629115, "fair_value": 2.637029, "relative_strength": -13.078828, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.186351, "energy": 18.4342, "activity_lines": [ 2.666667, 2.668364, 2.67121, 2.645089 ] }, { "date": "2026-08-07", "close": 2.71, "volume": 40422, "typical_volume": 42961.9, "trend": 2.632219, "fair_value": 2.63777, "relative_strength": -14.739937, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.355144, "energy": 24.319203, "activity_lines": [ 2.683333, 2.674909, 2.677528, 2.650308 ] } ], "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." } } }