{ "ticker": { "uuid": "23522a7d-54ec-4442-a4e7-87ea522400c4", "symbol": "ATH", "name": "Athos Immobilien AG", "exchange": "VIE", "country": "AT", "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": "^ATX", "stage": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 69.706, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -51.203, "architecture_energy": 51.053, "architecture_maturity": 9.741, "architecture_confidence": 71.611, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 27.55, "rotation_up": 20.92, "upward_expansion": 18.57, "deceleration": 44.07, "rotation_down": 66.05, "downward_expansion": 55.57 }, "activity_lines": [ 43.230014, 43.635531, 44.158731, 44.186049 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 42.0, "trend_reference": 44.060598, "distance_from_trend": -0.046767, "trend_direction": "Improving", "fair_value": 43.376195, "distance_from_fair_value": -0.031727, "fair_value_direction": "Weakening", "relative_strength": -23.027777, "relative_strength_direction": "Weakening", "price_momentum": -0.023256, "excess_performance": -0.197503, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.046767, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.006869, "read": "Rising" }, { "label": "Price vs 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"volume": 945, "typical_volume": 894.8, "trend": 44.026666, "fair_value": 43.448021, "relative_strength": -21.753083, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -12.779561, "energy": 23.443342, "activity_lines": [ 44.028579, 44.556885, 44.584898, 44.374255 ] }, { "date": "2026-07-17", "close": 42.817936, "volume": 1040, "typical_volume": 920.25, "trend": 44.007264, "fair_value": 43.421999, "relative_strength": -19.937078, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -34.721542, "energy": 40.083104, "activity_lines": [ 43.474558, 44.23651, 44.430416, 44.296272 ] }, { "date": "2026-07-24", "close": 43.799999, "volume": 883, "typical_volume": 952.85, "trend": 44.020598, "fair_value": 43.407219, "relative_strength": -18.613302, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.587955, "energy": 39.708892, "activity_lines": [ 43.433362, 44.087092, 44.375092, 44.2829 ] }, { "date": "2026-07-31", "close": 44.599998, "volume": 193, "typical_volume": 962.5, "trend": 44.080597, "fair_value": 43.40375, "relative_strength": -16.469085, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -11.08343, "energy": 27.542346, "activity_lines": [ 43.765499, 44.094039, 44.395007, 44.320281 ] }, { "date": "2026-08-07", "close": 42.0, "volume": 830, "typical_volume": 977.45, "trend": 44.060598, "fair_value": 43.376195, "relative_strength": -23.027777, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.202519, "energy": 51.053174, "activity_lines": [ 43.230014, 43.635531, 44.158731, 44.186049 ] } ], "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." } } }