{ "ticker": { "uuid": "2484ee64-5976-4534-ae83-62ef042121e2", "symbol": "MAN", "name": "Josef Manner & Comp. 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": 4, "stage_name": "Declining", "phase": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 62.407, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -17.268, "architecture_energy": 9.378, "architecture_maturity": 31.424, "architecture_confidence": 57.756, "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": 58.6, "rotation_up": 26.44, "upward_expansion": 13.74, "deceleration": 41.92, "rotation_down": 27.16, "downward_expansion": 59.07 }, "activity_lines": [ 101.133333, 100.909091, 101.0722, 101.189636 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 102.0, "trend_reference": 101.513968, "distance_from_trend": 0.004788, "trend_direction": "Weakening", "fair_value": 103.739635, "distance_from_fair_value": -0.016769, "fair_value_direction": "Improving", "relative_strength": -18.890485, "relative_strength_direction": "Weakening", "price_momentum": -0.009709, "excess_performance": -0.183955, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.004788, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.002054, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.016769, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.01314, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.188905, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.007837, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.009709, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.20915, "read": "Demand-led" } ], "volume": { "latest": 34, "relative_activity": 0.566195, "balance": 1.20915, "dry_up": 0.803497, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.016548, "annualized_volatility": 0.093207, "from_high_reference": -0.037217, "from_low_reference": 0.040816 }, "levels": { "trend_reference": 101.513968, "fair_value_reference": 103.739635, 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"2026-06-26", "close": 101.0, "volume": 1, "typical_volume": 66.15, "trend": 101.719048, "fair_value": 104.083922, "relative_strength": -20.6131, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.353444, "energy": 16.103034, "activity_lines": [ 101.266667, 101.405887, 101.373832, 101.567865 ] }, { "date": "2026-07-03", "close": 99.0, "volume": 27, "typical_volume": 64.85, "trend": 101.618413, "fair_value": 104.019907, "relative_strength": -23.387712, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -72.430743, "energy": 58.500367, "activity_lines": [ 100.533333, 100.949264, 101.138503, 101.392442 ] }, { "date": "2026-07-10", "close": 101.0, "volume": 23, "typical_volume": 57.35, "trend": 101.68254, "fair_value": 103.950487, "relative_strength": -20.183833, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.37485, "energy": 50.034218, "activity_lines": [ 100.533333, 100.911169, 101.112698, 101.352545 ] }, { "date": "2026-07-17", "close": 101.0, "volume": 62, "typical_volume": 58.2, "trend": 101.68127, "fair_value": 103.874993, "relative_strength": -17.999886, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.006232, "energy": 41.502416, "activity_lines": [ 100.6, 100.891602, 101.096417, 101.30851 ] }, { "date": "2026-07-24", "close": 100.0, "volume": 51, "typical_volume": 60.2, "trend": 101.613968, "fair_value": 103.841689, "relative_strength": -19.289434, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.813902, "energy": 44.572995, "activity_lines": [ 100.4, 100.690909, 100.989751, 101.200041 ] }, { "date": "2026-07-31", "close": 101.0, "volume": 46, "typical_volume": 59.1, "trend": 101.547302, "fair_value": 103.808719, "relative_strength": -17.857035, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.843831, "energy": 21.716687, "activity_lines": [ 100.6, 100.690909, 100.987937, 101.16043 ] }, { "date": "2026-08-07", "close": 102.0, "volume": 34, "typical_volume": 60.05, "trend": 101.513968, "fair_value": 103.739635, "relative_strength": -18.890485, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.268046, "energy": 9.377576, "activity_lines": [ 101.133333, 100.909091, 101.0722, 101.189636 ] } ], "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." } } }