{ "ticker": { "uuid": "24d3e434-0c9b-4765-88e0-8b434285597d", "symbol": "EXO", "name": "Exor N.V.", "exchange": "AMS", "country": "NL", "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": "2026-10-09", "benchmark": "^AEX", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 87.173, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 22.843, "architecture_energy": 22.23, "architecture_maturity": 60.716, "architecture_confidence": 74.556, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 50.3, "rotation_up": 20.64, "upward_expansion": 53.72, "deceleration": 91.16, "rotation_down": 41.05, "downward_expansion": 22.06 }, "activity_lines": [ 69.420001, 70.327273, 69.934048, 69.264947 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 69.800003, "trend_reference": 68.334348, "distance_from_trend": 0.021448, "trend_direction": "Weakening", "fair_value": 83.77965, "distance_from_fair_value": -0.166862, "fair_value_direction": "Improving", "relative_strength": -9.788008, "relative_strength_direction": "Improving", "price_momentum": 0.0212, "excess_performance": -0.098275, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.021448, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.000599, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.166862, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.023883, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.09788, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.067683, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.0212, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.94718, "read": "Supply-led" } ], "volume": { "latest": 1277281, "relative_activity": 2.600601, "balance": 0.94718, "dry_up": 2.619852, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.034715, "annualized_volatility": 0.192583, "from_high_reference": -0.100324, "from_low_reference": 0.17673 }, "levels": { "trend_reference": 68.334348, "fair_value_reference": 83.77965, "structural_low": 62.741895, 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"regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.11075, "energy": 79.91848, "activity_lines": [ 72.206666, 71.295454, 69.772329, 69.049145 ] }, { "date": "2026-09-18", "close": 68.5, "volume": 1438735, "typical_volume": 469015.35, "trend": 68.436205, "fair_value": 84.031271, "relative_strength": -10.390333, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.228932, "energy": 41.854148, "activity_lines": [ 71.07, 70.934545, 69.760163, 69.044188 ] }, { "date": "2026-09-25", "close": 70.550003, "volume": 1188735, "typical_volume": 455597.0, "trend": 68.327502, "fair_value": 83.954781, "relative_strength": -8.521153, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.809545, "energy": 27.955338, "activity_lines": [ 70.740001, 70.947273, 69.932835, 69.180562 ] }, { "date": "2026-10-02", "close": 68.099998, "volume": 1242193, "typical_volume": 475531.1, "trend": 68.264536, "fair_value": 83.862586, "relative_strength": -11.35423, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.833244, "energy": 19.843795, "activity_lines": [ 69.636667, 70.482727, 69.85981, 69.165884 ] }, { "date": "2026-10-09", "close": 69.800003, "volume": 1277281, "typical_volume": 491148.4, "trend": 68.334348, "fair_value": 83.77965, "relative_strength": -9.788008, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.843116, "energy": 22.229833, "activity_lines": [ 69.420001, 70.327273, 69.934048, 69.264947 ] } ], "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." } } }