{ "ticker": { "uuid": "56874b7e-7771-4f55-8f19-f7f33996dd93", "symbol": "ADN1", "name": "adesso SE", "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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 66.79, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": 1.022, "architecture_energy": 16.206, "architecture_maturity": 100.0, "architecture_confidence": 47.792, "architecture_tenure": "Extended", "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": 56.34, "rotation_up": 42.41, "upward_expansion": 26.84, "deceleration": 41.28, "rotation_down": 14.95, "downward_expansion": 49.51 }, "activity_lines": [ 57.74, 55.263636, 55.469974, 56.689492 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 62.5, "trend_reference": 60.304442, "distance_from_trend": 0.036408, "trend_direction": "Weakening", "fair_value": 84.577545, "distance_from_fair_value": -0.261033, "fair_value_direction": "Improving", "relative_strength": -21.184499, "relative_strength_direction": "Improving", "price_momentum": -0.120569, "excess_performance": -0.185208, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.036408, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.164193, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.261033, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.090348, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.211845, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.0784, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.120569, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.658762, "read": "Demand-led" } ], "volume": { "latest": 34621, "relative_activity": 0.591743, "balance": 1.658762, "dry_up": 0.902702, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.08085, "annualized_volatility": 0.443296, "from_high_reference": -0.392332, "from_low_reference": 0.328374 }, "levels": { "trend_reference": 60.304442, "fair_value_reference": 84.577545, "structural_low": 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44.699693, "activity_lines": [ 52.620001, 53.175129, 54.935093, 57.547663 ] }, { "date": "2026-07-24", "close": 52.599998, "volume": 53936, "typical_volume": 60575.85, "trend": 62.163971, "fair_value": 85.108983, "relative_strength": -31.244955, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.05796, "energy": 32.303364, "activity_lines": [ 52.896667, 52.886616, 54.573719, 56.85674 ] }, { "date": "2026-07-31", "close": 58.3, "volume": 66616, "typical_volume": 60874.6, "trend": 61.228365, "fair_value": 84.812359, "relative_strength": -24.911536, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.916258, "energy": 14.436809, "activity_lines": [ 54.92, 53.690293, 54.815417, 56.607451 ] }, { "date": "2026-08-07", "close": 62.5, "volume": 34621, "typical_volume": 58506.85, "trend": 60.304442, "fair_value": 84.577545, "relative_strength": -21.184499, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 1.021984, "energy": 16.206425, "activity_lines": [ 57.74, 55.263636, 55.469974, 56.689492 ] } ], "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." } } }