{ "ticker": { "uuid": "3f929a96-2068-4f30-afe5-eae43639447a", "symbol": "BKHT", "name": "Brockhaus 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": "Established expansion", "architecture_gate": "up", "architecture_direction": 66.248, "architecture_energy": 85.57, "architecture_maturity": 40.432, "architecture_confidence": 95.56, "architecture_tenure": "Established", "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": 7.71, "rotation_up": 68.95, "upward_expansion": 94.95, "deceleration": 44.82, "rotation_down": 16.13, "downward_expansion": 21.62 }, "activity_lines": [ 20.473333, 20.134546, 19.408095, 18.793871 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 20.4, "trend_reference": 18.046667, "distance_from_trend": 0.130403, "trend_direction": "Improving", "fair_value": 20.074015, "distance_from_fair_value": 0.016239, "fair_value_direction": "Improving", "relative_strength": 22.067132, "relative_strength_direction": "Weakening", "price_momentum": 0.221557, "excess_performance": 0.156917, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.130403, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.149103, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.016239, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.108042, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.220671, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.064896, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.221557, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.714901, "read": "Demand-led" } ], "volume": { "latest": 54981, "relative_activity": 1.768859, "balance": 1.714901, "dry_up": 1.378514, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.031674, "annualized_volatility": 0.217063, "from_high_reference": -0.072727, "from_low_reference": 1.212581 }, "levels": { "trend_reference": 18.046667, "fair_value_reference": 20.074015, "structural_low": 15.75, 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"volume": 113454, "typical_volume": 29982.95, "trend": 17.256667, "fair_value": 20.105753, "relative_strength": 33.597852, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.751179, "energy": 80.227114, "activity_lines": [ 19.68, 19.167273, 18.543095, 18.053763 ] }, { "date": "2026-07-17", "close": 20.700001, "volume": 41196, "typical_volume": 29749.95, "trend": 17.603333, "fair_value": 20.087647, "relative_strength": 34.330145, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.749822, "energy": 85.03975, "activity_lines": [ 20.096667, 19.509091, 18.805, 18.275914 ] }, { "date": "2026-07-24", "close": 20.5, "volume": 36929, "typical_volume": 30602.3, "trend": 17.768333, "fair_value": 20.07844, "relative_strength": 30.512813, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.924349, "energy": 89.758606, "activity_lines": [ 20.336667, 19.773637, 19.03, 18.462796 ] }, { "date": "2026-07-31", "close": 20.4, "volume": 38286, "typical_volume": 30387.65, "trend": 17.9, "fair_value": 20.071773, "relative_strength": 26.221193, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.046166, "energy": 87.491552, "activity_lines": [ 20.45, 19.975455, 19.228333, 18.632581 ] }, { "date": "2026-08-07", "close": 20.4, "volume": 54981, "typical_volume": 31082.75, "trend": 18.046667, "fair_value": 20.074015, "relative_strength": 22.067132, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.248133, "energy": 85.570109, "activity_lines": [ 20.473333, 20.134546, 19.408095, 18.793871 ] } ], "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." } } }