{ "ticker": { "uuid": "0d9e79d1-df27-49c9-85e9-75b30e5be1d3", "symbol": "ER7", "name": "ERAMET S.A.", "exchange": "GER", "country": "DE", "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": "^GDAXI", "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": "Early contraction", "architecture_gate": "down", "architecture_direction": -67.067, "architecture_energy": 65.737, "architecture_maturity": 29.076, "architecture_confidence": 81.494, "architecture_tenure": "Developing", "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": 11.14, "rotation_up": 15.81, "upward_expansion": 11.99, "deceleration": 51.49, "rotation_down": 71.45, "downward_expansion": 87.65 }, "activity_lines": [ 43.296, 44.410728, 48.124, 50.049957 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 47.200001, "trend_reference": 54.331333, "distance_from_trend": -0.131256, "trend_direction": "Weakening", "fair_value": 60.626804, "distance_from_fair_value": -0.221466, "fair_value_direction": "Weakening", "relative_strength": -20.28783, "relative_strength_direction": "Weakening", "price_momentum": -0.307918, "excess_performance": -0.372558, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.131256, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.050478, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.221466, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.137678, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.202878, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.246405, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.307918, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.013356, "read": "Demand-led" } ], "volume": { "latest": 222, "relative_activity": 0.52694, "balance": 1.013356, "dry_up": 1.253857, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.065108, "annualized_volatility": 0.678387, "from_high_reference": -0.445032, "from_low_reference": 0.178233 }, "levels": { "trend_reference": 54.331333, "fair_value_reference": 60.626804, "structural_low": 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"relative_strength": -27.48943, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.067567, "energy": 93.552479, "activity_lines": [ 43.101333, 45.833091, 49.441095, 51.581505 ] }, { "date": "2026-07-31", "close": 40.060001, "volume": 692, "typical_volume": 481.15, "trend": 55.163, "fair_value": 60.803167, "relative_strength": -30.670875, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.554333, "energy": 93.85224, "activity_lines": [ 41.830667, 44.346546, 48.416143, 50.563699 ] }, { "date": "2026-08-07", "close": 47.200001, "volume": 222, "typical_volume": 421.3, "trend": 54.331333, "fair_value": 60.626804, "relative_strength": -20.28783, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.06747, "energy": 65.736946, "activity_lines": [ 43.296, 44.410728, 48.124, 50.049957 ] } ], "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." } } }