{ "ticker": { "uuid": "f8af74e2-0372-465c-b306-2b47187ca083", "symbol": "NOVOBN", "name": "Novo Nordisk A/S", "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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 48.318, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Emerging rotation", "architecture_gate": "mixed", "architecture_direction": 34.44, "architecture_energy": 41.981, "architecture_maturity": 8.559, "architecture_confidence": 52.053, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 33.57, "rotation_up": 61.43, "upward_expansion": 55.92, "deceleration": 29.66, "rotation_down": 22.55, "downward_expansion": 14.26 }, "activity_lines": [ 865.284668, 850.819456, 816.977239, 796.723409 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 810.0, "trend_reference": 804.381445, "distance_from_trend": 0.006985, "trend_direction": "Weakening", "fair_value": 1536.107547, "distance_from_fair_value": -0.472693, "fair_value_direction": "Improving", "relative_strength": -10.973892, "relative_strength_direction": "Improving", "price_momentum": -0.0361, "excess_performance": 0.018566, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.006985, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.041583, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.472693, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.021496, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.109739, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.177914, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.0361, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 8.122857, "read": "Demand-led" } ], "volume": { "latest": 635, "relative_activity": 1.159076, "balance": 8.122857, "dry_up": 3.684859, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.074717, "annualized_volatility": 0.568755, "from_high_reference": -0.305668, "from_low_reference": 0.2943 }, "levels": { "trend_reference": 804.381445, "fair_value_reference": 1536.107547, "structural_low": 625.820826, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 2, "median_return": -0.174216, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.195452, "regime_survival": 0.0, "best_return": 0.019215, "worst_return": -0.367647, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": -0.064871, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.048156, "regime_survival": 0.0, "best_return": 0.157259, "worst_return": -0.287, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.044153, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.010684, "regime_survival": 0.5, "best_return": 0.195828, "worst_return": -0.107521, "sufficient": false }, { "horizon": "Full 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857.733333, 822.781818, 788.299873, 786.454848 ] }, { "date": "2026-07-24", "close": 890.77002, "volume": 86, "typical_volume": 390.4, "trend": 813.554612, "fair_value": 1543.158118, "relative_strength": -2.309786, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 45.763371, "energy": 71.968976, "activity_lines": [ 875.790007, 837.830913, 801.074492, 791.359953 ] }, { "date": "2026-07-31", "close": 899.98999, "volume": 7177, "typical_volume": 574.65, "trend": 813.301807, "fair_value": 1540.448624, "relative_strength": -1.683509, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.413481, "energy": 69.796062, "activity_lines": [ 888.868669, 853.578729, 813.850923, 796.936429 ] }, { "date": "2026-08-07", "close": 810.0, "volume": 635, "typical_volume": 547.85, "trend": 804.381445, "fair_value": 1536.107547, "relative_strength": -10.973892, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.439878, "energy": 41.980581, "activity_lines": [ 865.284668, 850.819456, 816.977239, 796.723409 ] } ], "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." } } }