{ "ticker": { "uuid": "749eb91b-1a54-47c1-8e5c-74b745e9eaf3", "symbol": "FEV", "name": "FORTEC Elektronik 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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 53.298, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -49.145, "architecture_energy": 41.643, "architecture_maturity": 30.658, "architecture_confidence": 55.583, "architecture_tenure": "New", "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": 36.19, "rotation_up": 6.16, "upward_expansion": 9.84, "deceleration": 66.42, "rotation_down": 68.06, "downward_expansion": 68.84 }, "activity_lines": [ 11.5, 12.058182, 11.898333, 11.942458 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 11.3, "trend_reference": 12.214074, "distance_from_trend": -0.074838, "trend_direction": "Improving", "fair_value": 16.620105, "distance_from_fair_value": -0.320101, "fair_value_direction": "Improving", "relative_strength": -15.256841, "relative_strength_direction": "Improving", "price_momentum": -0.19565, "excess_performance": -0.26029, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.074838, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.041408, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.320101, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.087463, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.152568, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.056678, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.19565, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.282911, "read": "Demand-led" } ], "volume": { "latest": 2107, "relative_activity": 0.59257, "balance": 2.282911, "dry_up": 0.913885, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.070116, "annualized_volatility": 0.485667, "from_high_reference": -0.250138, "from_low_reference": 0.174026 }, "levels": { "trend_reference": 12.214074, "fair_value_reference": 16.620105, "structural_low": 10.25, 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17.354496, "relative_strength": -10.274651, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.605913, "energy": 21.89449, "activity_lines": [ 11.196667, 11.023636, 11.468433, 11.70474 ] }, { "date": "2026-06-12", "close": 13.6, "volume": 3555, "typical_volume": 5083.25, "trend": 11.823241, "fair_value": 17.278944, "relative_strength": 4.439299, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.527262, "energy": 32.250262, "activity_lines": [ 12.073333, 11.485455, 11.611852, 11.823737 ] }, { "date": "2026-06-19", "close": 13.55, "volume": 9, "typical_volume": 4463.85, "trend": 11.907083, "fair_value": 17.204785, "relative_strength": 3.114919, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 50.067286, "energy": 48.838298, "activity_lines": [ 12.726667, 11.911818, 11.753803, 11.93514 ] }, { "date": "2026-06-26", "close": 12.95, "volume": 107, "typical_volume": 4133.25, "trend": 11.975787, "fair_value": 17.126209, "relative_strength": 0.254123, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.088066, "energy": 62.140174, "activity_lines": [ 12.976667, 12.186364, 11.842143, 12.002425 ] }, { "date": "2026-07-03", "close": 12.65, "volume": 0, "typical_volume": 3864.1, "trend": 12.044213, "fair_value": 17.042283, "relative_strength": -5.691151, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.338605, "energy": 68.201549, "activity_lines": [ 12.98, 12.368182, 11.907143, 12.045923 ] }, { "date": "2026-07-10", "close": 13.0, "volume": 6555, "typical_volume": 3732.25, "trend": 12.129167, "fair_value": 16.964027, "relative_strength": -0.0302, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.966354, "energy": 60.231706, "activity_lines": [ 13.01, 12.579091, 12.011429, 12.107587 ] }, { "date": "2026-07-17", "close": 12.65, "volume": 1788, "typical_volume": 3397.95, "trend": 12.189491, "fair_value": 16.886383, "relative_strength": -1.435135, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.663681, "energy": 33.847111, "activity_lines": [ 12.843333, 12.686364, 12.077619, 12.141189 ] }, { "date": "2026-07-24", "close": 11.3, "volume": 4833, "typical_volume": 3417.5, "trend": 12.211296, "fair_value": 16.796088, "relative_strength": -12.385647, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -21.49657, "energy": 14.343102, "activity_lines": [ 12.29, 12.509091, 12.019524, 12.083802 ] }, { "date": "2026-07-31", "close": 10.95, "volume": 4270, "typical_volume": 3523.1, "trend": 12.229537, "fair_value": 16.70412, "relative_strength": -16.224093, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -37.413375, "energy": 30.729924, "activity_lines": [ 11.77, 12.253636, 11.937857, 12.002428 ] }, { "date": "2026-08-07", "close": 11.3, "volume": 2107, "typical_volume": 3555.7, "trend": 12.214074, "fair_value": 16.620105, "relative_strength": -15.256841, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.144953, "energy": 41.64274, "activity_lines": [ 11.5, 12.058182, 11.898333, 11.942458 ] } ], "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." } } }