{
  "ticker": {
    "uuid": "217625c2-0816-40e7-adb5-b98831acd070",
    "symbol": "IVU",
    "name": "IVU Traffic Technologies AG",
    "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": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 91.673,
    "architecture_energy": 95.045,
    "architecture_maturity": 25.729,
    "architecture_confidence": 78.362,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 7.99,
        "rotation_up": 88.02,
        "upward_expansion": 99.78,
        "deceleration": 39.07,
        "rotation_down": 8.7,
        "downward_expansion": 21.78
      },
      "activity_lines": [
        23.14,
        22.258182,
        21.100672,
        20.485195
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 24.4,
    "trend_reference": 19.97365,
    "distance_from_trend": 0.221609,
    "trend_direction": "Improving",
    "fair_value": 16.387505,
    "distance_from_fair_value": 0.488939,
    "fair_value_direction": "Improving",
    "relative_strength": 12.079135,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.210759,
    "excess_performance": 0.146119,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.221609,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.021704,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.488939,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.327265,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.120791,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.191059,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.210759,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.486788,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 43295,
      "relative_activity": 0.929583,
      "balance": 3.486788,
      "dry_up": 1.345389,
      "accumulation_observations": 4,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.043613,
      "annualized_volatility": 0.263039,
      "from_high_reference": -0.00813,
      "from_low_reference": 0.419984
    },
    "levels": {
      "trend_reference": 19.97365,
      "fair_value_reference": 16.387505,
      "structural_low": 17.183293,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 17,
        "median_return": 0.015924,
        "positive_rate": 0.588235,
        "directional_follow_through": 0.588235,
        "median_excess_return": -0.00859,
        "regime_survival": 0.705882,
        "best_return": 0.109718,
        "worst_return": -0.064972,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": -0.009629,
        "positive_rate": 0.285714,
        "directional_follow_through": 0.285714,
        "median_excess_return": -0.0125,
        "regime_survival": 0.285714,
        "best_return": 0.260936,
        "worst_return": -0.043781,
        "sufficient": true
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      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": 0.012266,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
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        "regime_survival": 0.5,
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        "worst_return": -0.062783,
        "sufficient": true
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      {
        "horizon": "Full cycle",
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        "worst_return": -0.225126,
        "sufficient": false
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        "regime": "balance",
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        "regime": "downward_expansion",
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        "date": "2026-05-01",
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      },
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      },
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      },
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        "date": "2026-06-05",
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      },
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        "date": "2026-06-12",
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      },
      {
        "date": "2026-06-26",
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        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 23.292922,
        "energy": 47.853904,
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      },
      {
        "date": "2026-07-03",
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        "fair_value": 16.1105,
        "relative_strength": 2.877937,
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        "regime": "rotation_up",
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      },
      {
        "date": "2026-07-10",
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        "volume": 52736,
        "typical_volume": 50199.55,
        "trend": 19.65268,
        "fair_value": 16.158044,
        "relative_strength": 4.685989,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 75.602262,
        "energy": 71.326662,
        "activity_lines": [
          21.04,
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      },
      {
        "date": "2026-07-17",
        "close": 21.4,
        "volume": 45644,
        "typical_volume": 48972.95,
        "trend": 19.687769,
        "fair_value": 16.202977,
        "relative_strength": 4.58517,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.932972,
        "energy": 76.867721,
        "activity_lines": [
          21.266667,
          20.863333,
          20.031408,
          19.776512
        ]
      },
      {
        "date": "2026-07-24",
        "close": 22.9,
        "volume": 102306,
        "typical_volume": 47295.35,
        "trend": 19.772857,
        "fair_value": 16.257767,
        "relative_strength": 10.544936,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.538476,
        "energy": 90.346735,
        "activity_lines": [
          21.9,
          21.303112,
          20.354604,
          19.983753
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      },
      {
        "date": "2026-07-31",
        "close": 23.0,
        "volume": 59399,
        "typical_volume": 46466.1,
        "trend": 19.854788,
        "fair_value": 16.315855,
        "relative_strength": 8.64712,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.27754,
        "energy": 90.363136,
        "activity_lines": [
          22.386667,
          21.685455,
          20.669373,
          20.191956
        ]
      },
      {
        "date": "2026-08-07",
        "close": 24.4,
        "volume": 43295,
        "typical_volume": 46574.65,
        "trend": 19.97365,
        "fair_value": 16.387505,
        "relative_strength": 12.079135,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.673138,
        "energy": 95.044595,
        "activity_lines": [
          23.14,
          22.258182,
          21.100672,
          20.485195
        ]
      }
    ],
    "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."
    }
  }
}