{ "ticker": { "uuid": "5d5827db-e479-4ddc-abc8-3d0ee37fff40", "symbol": "KRN", "name": "Krones 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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -33.236, "architecture_energy": 19.193, "architecture_maturity": 71.113, "architecture_confidence": 75.295, "architecture_tenure": "Established", "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": 39.21, "rotation_up": 28.22, "upward_expansion": 20.63, "deceleration": 43.08, "rotation_down": 29.41, "downward_expansion": 56.96 }, "activity_lines": [ 112.986668, 112.385095, 113.856894, 115.805632 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 116.400002, "trend_reference": 119.990791, "distance_from_trend": -0.029926, "trend_direction": "Weakening", "fair_value": 117.278931, "distance_from_fair_value": -0.007494, "fair_value_direction": "Weakening", "relative_strength": -12.319501, "relative_strength_direction": "Weakening", "price_momentum": -0.140114, "excess_performance": -0.204754, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.029926, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.043579, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.007494, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.071174, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.123195, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.077936, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.140114, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.499513, "read": "Demand-led" } ], "volume": { "latest": 162866, "relative_activity": 1.133168, "balance": 1.499513, "dry_up": 1.334273, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.048646, "annualized_volatility": 0.280161, "from_high_reference": -0.172315, "from_low_reference": 0.100189 }, "levels": { "trend_reference": 119.990791, "fair_value_reference": 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112.300559, 114.976117, 118.087465 ] }, { "date": "2026-07-17", "close": 110.400002, "volume": 215746, "typical_volume": 147472.95, "trend": 121.939908, "fair_value": 116.967519, "relative_strength": -12.79399, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.05118, "energy": 51.407531, "activity_lines": [ 110.706667, 111.680334, 114.372486, 117.300589 ] }, { "date": "2026-07-24", "close": 113.0, "volume": 121778, "typical_volume": 145634.65, "trend": 121.369896, "fair_value": 117.033301, "relative_strength": -11.32697, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.570657, "energy": 41.790072, "activity_lines": [ 111.16, 111.773993, 114.108427, 116.72382 ] }, { "date": "2026-07-31", "close": 111.4, "volume": 266690, "typical_volume": 148866.5, "trend": 120.662028, "fair_value": 117.129235, "relative_strength": -14.101303, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.775851, "energy": 38.136085, "activity_lines": [ 111.213334, 111.593305, 113.728834, 116.080601 ] }, { "date": "2026-08-07", "close": 116.400002, "volume": 162866, "typical_volume": 143726.25, "trend": 119.990791, "fair_value": 117.278931, "relative_strength": -12.319501, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.235523, "energy": 19.193269, "activity_lines": [ 112.986668, 112.385095, 113.856894, 115.805632 ] } ], "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." } } }