{ "ticker": { "uuid": "6de0187c-5c65-427f-9ae3-bff9a3b3026d", "symbol": "KRN", "name": "Krones AG", "exchange": "VIE", "country": "AT", "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": "^ATX", "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": -39.845, "architecture_energy": 25.368, "architecture_maturity": 79.55, "architecture_confidence": 75.976, "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": 36.77, "rotation_up": 26.54, "upward_expansion": 19.45, "deceleration": 46.39, "rotation_down": 31.57, "downward_expansion": 58.11 }, "activity_lines": [ 113.013332, 112.486459, 113.971904, 116.390852 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 116.199997, "trend_reference": 121.311488, "distance_from_trend": -0.042135, "trend_direction": "Weakening", "fair_value": 120.031532, "distance_from_fair_value": -0.031921, "fair_value_direction": "Weakening", "relative_strength": -24.769504, "relative_strength_direction": "Weakening", "price_momentum": -0.15919, "excess_performance": -0.333436, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.042135, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.050421, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.031921, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.059298, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.247695, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.033953, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.15919, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.877193, "read": "Supply-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 0.877193, "dry_up": 0.304813, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.041225, "annualized_volatility": 0.254121, "from_high_reference": -0.190808, "from_low_reference": 0.092105 }, "levels": { "trend_reference": 121.311488, "fair_value_reference": 120.031532, 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118.729796, 122.663879 ] }, { "date": "2026-06-19", "close": 115.400002, "volume": 0, "typical_volume": 52.65, "trend": 126.484822, "fair_value": 119.600931, "relative_strength": -29.229175, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.862463, "energy": 62.792692, "activity_lines": [ 113.538582, 115.306653, 118.027203, 121.927224 ] }, { "date": "2026-06-26", "close": 112.199997, "volume": 0, "typical_volume": 48.9, "trend": 125.864822, "fair_value": 119.632478, "relative_strength": -29.116813, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.94967, "energy": 62.380242, "activity_lines": [ 113.038439, 114.302875, 117.119847, 121.005622 ] }, { "date": "2026-07-03", "close": 113.599998, "volume": 0, "typical_volume": 48.9, "trend": 125.198155, "fair_value": 119.705157, "relative_strength": -29.166881, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.015403, "energy": 47.551882, "activity_lines": [ 113.170354, 113.854067, 116.469634, 120.214343 ] }, { "date": "2026-07-10", "close": 107.599998, "volume": 50, "typical_volume": 43.9, "trend": 124.324821, "fair_value": 119.747414, "relative_strength": -31.253449, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.902777, "energy": 55.168131, "activity_lines": [ 111.413332, 112.479393, 115.372755, 119.078978 ] }, { "date": "2026-07-17", "close": 110.400002, "volume": 0, "typical_volume": 43.9, "trend": 123.571488, "fair_value": 119.771751, "relative_strength": -27.35027, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.378805, "energy": 56.322477, "activity_lines": [ 110.866666, 111.856028, 114.674923, 118.180603 ] }, { "date": "2026-07-24", "close": 112.599998, "volume": 50, "typical_volume": 46.4, "trend": 122.871488, "fair_value": 119.816994, "relative_strength": -26.177326, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.371918, "energy": 48.739592, "activity_lines": [ 111.119999, 111.85234, 114.293282, 117.472765 ] }, { "date": "2026-07-31", "close": 112.0, "volume": 7, "typical_volume": 46.75, "trend": 122.098155, "fair_value": 119.899206, "relative_strength": -25.926992, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.467425, "energy": 44.002772, "activity_lines": [ 111.359999, 111.76321, 113.910688, 116.771379 ] }, { "date": "2026-08-07", "close": 116.199997, "volume": 0, "typical_volume": 46.75, "trend": 121.311488, "fair_value": 120.031532, "relative_strength": -24.769504, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.844706, "energy": 25.368074, "activity_lines": [ 113.013332, 112.486459, 113.971904, 116.390852 ] } ], "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." } } }