{ "ticker": { "uuid": "f766a58a-bff4-4514-82e8-d167c9f3b129", "symbol": "INO", "name": "Inovio Pharmaceuticals, Inc.", "exchange": "MEX", "country": "MX", "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": "^MXX", "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": -92.433, "architecture_energy": 93.389, "architecture_maturity": 74.0, "architecture_confidence": 76.645, "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": 12.03, "rotation_up": 8.97, "upward_expansion": 20.31, "deceleration": 38.07, "rotation_down": 83.41, "downward_expansion": 93.65 }, "activity_lines": [ 15.117333, 17.128364, 19.671, 21.804602 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 12.1, "trend_reference": 24.403333, "distance_from_trend": -0.504166, "trend_direction": "Weakening", "fair_value": 77.633782, "distance_from_fair_value": -0.84414, "fair_value_direction": "Weakening", "relative_strength": -62.819783, "relative_strength_direction": "Weakening", "price_momentum": -0.582759, "excess_performance": -0.528092, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.504166, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.203087, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.84414, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.091422, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.628198, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.16615, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.582759, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.421898, "read": "Supply-led" } ], "volume": { "latest": 2000, "relative_activity": 4.524375, "balance": 0.421898, "dry_up": 3.726388, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.166306, "annualized_volatility": 0.821859, "from_high_reference": -0.787719, "from_low_reference": 0.080357 }, "levels": { "trend_reference": 24.403333, "fair_value_reference": 77.633782, "structural_low": 11.2, 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23.122286, 24.874258 ] }, { "date": "2026-07-10", "close": 21.26, "volume": 261, "typical_volume": 257.9, "trend": 27.218333, "fair_value": 79.860833, "relative_strength": -36.709851, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.904461, "energy": 72.346834, "activity_lines": [ 19.953333, 20.811818, 22.753047, 24.454494 ] }, { "date": "2026-07-17", "close": 20.0, "volume": 45, "typical_volume": 124.65, "trend": 26.351666, "fair_value": 79.258269, "relative_strength": -40.195453, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.431101, "energy": 64.570603, "activity_lines": [ 19.969333, 20.524364, 22.300667, 23.988796 ] }, { "date": "2026-07-24", "close": 19.0, "volume": 10, "typical_volume": 120.4, "trend": 25.618333, "fair_value": 78.714679, "relative_strength": -42.486748, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.800865, "energy": 64.352028, "activity_lines": [ 19.718667, 20.074182, 21.805381, 23.514494 ] }, { "date": "2026-07-31", "close": 12.0, "volume": 4534, "typical_volume": 342.05, "trend": 24.985, "fair_value": 78.153141, "relative_strength": -63.560593, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.537873, "energy": 73.927036, "activity_lines": [ 17.168, 18.469455, 20.691048, 22.635892 ] }, { "date": "2026-08-07", "close": 12.1, "volume": 2000, "typical_volume": 442.05, "trend": 24.403333, "fair_value": 77.633782, "relative_strength": -62.819783, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.432611, "energy": 93.38934, "activity_lines": [ 15.117333, 17.128364, 19.671, 21.804602 ] } ], "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." } } }