{
  "ticker": {
    "uuid": "5f33bf74-3241-483f-a8ae-7529a5c29e77",
    "symbol": "AOF",
    "name": "ATOSS Software 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": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "mixed",
    "architecture_direction": 37.55,
    "architecture_energy": 35.598,
    "architecture_maturity": 94.521,
    "architecture_confidence": 72.904,
    "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": 38.75,
        "rotation_up": 62.48,
        "upward_expansion": 34.35,
        "deceleration": 40.76,
        "rotation_down": 16.93,
        "downward_expansion": 23.01
      },
      "activity_lines": [
        81.473332,
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        76.205223,
        76.899863
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.166667
    },
    "latest_close": 89.099998,
    "trend_reference": 79.599935,
    "distance_from_trend": 0.119348,
    "trend_direction": "Weakening",
    "fair_value": 107.237925,
    "distance_from_fair_value": -0.169137,
    "fair_value_direction": "Improving",
    "relative_strength": -9.570139,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.059365,
    "excess_performance": -0.005275,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.119348,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.124739,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.169137,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.142437,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.095701,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.191416,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.059365,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.235163,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 90039,
      "relative_activity": 0.899786,
      "balance": 1.235163,
      "dry_up": 1.102437,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.077182,
      "annualized_volatility": 0.433494,
      "from_high_reference": -0.260153,
      "from_low_reference": 0.370769
    },
    "levels": {
      "trend_reference": 79.599935,
      "fair_value_reference": 107.237925,
      "structural_low": 65.0,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 20,
        "median_return": 0.033366,
        "positive_rate": 0.65,
        "directional_follow_through": 0.35,
        "median_excess_return": 0.009524,
        "regime_survival": 0.8,
        "best_return": 0.232745,
        "worst_return": -0.237782,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": 0.046392,
        "positive_rate": 0.714286,
        "directional_follow_through": 0.285714,
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        "regime_survival": 0.428571,
        "best_return": 0.212543,
        "worst_return": -0.233317,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.027512,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
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        "regime_survival": 0.25,
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        "worst_return": -0.205103,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.016592,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
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        "worst_return": -0.019873,
        "sufficient": false
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        "active": false
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      {
        "regime": "upward_expansion",
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      {
        "regime": "balance",
        "label": "Balance",
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        "regime": "rotation_down",
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        "active": false
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        "regime": "downward_expansion",
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        "end": "2025-02-28",
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        "regime": "deceleration",
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        "date": "2026-04-24",
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        "date": "2026-05-08",
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        "date": "2026-05-15",
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      },
      {
        "date": "2026-05-22",
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        "date": "2026-05-29",
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        "typical_volume": 160708.9,
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        "date": "2026-06-05",
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        "date": "2026-06-12",
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        "date": "2026-07-03",
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      {
        "date": "2026-07-10",
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        "stage": 4,
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      },
      {
        "date": "2026-07-17",
        "close": 70.0,
        "volume": 84631,
        "typical_volume": 102816.5,
        "trend": 82.416693,
        "fair_value": 107.638093,
        "relative_strength": -26.445996,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.308466,
        "energy": 52.740702,
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          70.546666,
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          73.925755,
          76.561501
        ]
      },
      {
        "date": "2026-07-24",
        "close": 76.099998,
        "volume": 110293,
        "typical_volume": 100600.4,
        "trend": 81.295127,
        "fair_value": 107.46264,
        "relative_strength": -20.151132,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.124957,
        "energy": 29.754413,
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          72.459999,
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          73.97767,
          76.153972
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      },
      {
        "date": "2026-07-31",
        "close": 84.2,
        "volume": 156308,
        "typical_volume": 101638.4,
        "trend": 80.443561,
        "fair_value": 107.342131,
        "relative_strength": -12.799601,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -4.276353,
        "energy": 9.11161,
        "activity_lines": [
          76.699999,
          74.554545,
          74.864116,
          76.341383
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      },
      {
        "date": "2026-08-07",
        "close": 89.099998,
        "volume": 90039,
        "typical_volume": 100067.15,
        "trend": 79.599935,
        "fair_value": 107.237925,
        "relative_strength": -9.570139,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 37.550018,
        "energy": 35.598488,
        "activity_lines": [
          81.473332,
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          76.205223,
          76.899863
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      }
    ],
    "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."
    }
  }
}