{ "ticker": { "uuid": "6ffafb4e-42a9-4b11-b376-8e62b56b0645", "symbol": "NDA", "name": "Aurubis 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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 62.245, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "mixed", "architecture_direction": -19.673, "architecture_energy": 20.0, "architecture_maturity": 27.068, "architecture_confidence": 49.098, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 48.67, "rotation_up": 16.6, "upward_expansion": 19.63, "deceleration": 61.23, "rotation_down": 55.1, "downward_expansion": 37.97 }, "activity_lines": [ 176.279998, 179.167272, 185.634285, 182.354022 ], "activity_state": "Compressed", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 173.699997, "trend_reference": 176.524947, "distance_from_trend": -0.016003, "trend_direction": "Improving", "fair_value": 97.71345, "distance_from_fair_value": 0.777647, "fair_value_direction": "Weakening", "relative_strength": 8.894207, "relative_strength_direction": "Weakening", "price_momentum": 0.06644, "excess_performance": 0.001801, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.016003, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.14678, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.777647, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.338222, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.088942, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.428706, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.06644, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.070238, "read": "Demand-led" } ], "volume": { "latest": 866644, "relative_activity": 1.383935, "balance": 1.070238, "dry_up": 1.057973, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.093796, "annualized_volatility": 0.392918, "from_high_reference": -0.209016, "from_low_reference": 0.880273 }, "levels": { "trend_reference": 176.524947, "fair_value_reference": 97.71345, "structural_low": 142.0, "invalidation": 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"close": 170.399994, "volume": 699593, "typical_volume": 693966.65, "trend": 169.424895, "fair_value": 95.159162, "relative_strength": 16.823168, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.95797, "energy": 20.021851, "activity_lines": [ 180.966666, 190.363635, 187.858095, 181.293239 ] }, { "date": "2026-07-17", "close": 171.100006, "volume": 760731, "typical_volume": 680965.15, "trend": 171.210569, "fair_value": 95.76826, "relative_strength": 17.190394, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.914509, "energy": 23.851915, "activity_lines": [ 176.186668, 186.085454, 186.863333, 181.40131 ] }, { "date": "2026-07-24", "close": 178.899994, "volume": 540735, "typical_volume": 655290.85, "trend": 173.167128, "fair_value": 96.406286, "relative_strength": 19.931143, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.814924, "energy": 21.485296, "activity_lines": [ 175.713332, 183.507272, 186.619523, 181.897402 ] }, { "date": "2026-07-31", "close": 181.6, "volume": 481975, "typical_volume": 641394.7, "trend": 175.055266, "fair_value": 97.055895, "relative_strength": 17.914764, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.156399, "energy": 17.71423, "activity_lines": [ 177.213332, 181.898181, 186.565714, 182.441459 ] }, { "date": "2026-08-07", "close": 173.699997, "volume": 866644, "typical_volume": 626217.35, "trend": 176.524947, "fair_value": 97.71345, "relative_strength": 8.894207, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.672586, "energy": 19.999591, "activity_lines": [ 176.279998, 179.167272, 185.634285, 182.354022 ] } ], "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." } } }