{ "ticker": { "uuid": "885aa11c-4d2a-4869-a328-fdb1da23fd8f", "symbol": "NF4", "name": "Netfonds 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": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 99.631, "architecture_energy": 79.722, "architecture_maturity": 96.761, "architecture_confidence": 79.278, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 2.25, "rotation_up": 77.51, "upward_expansion": 90.0, "deceleration": 62.99, "rotation_down": 22.28, "downward_expansion": 12.0 }, "activity_lines": [ 82.666667, 81.327273, 80.221429, 77.129677 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 1.0 }, "latest_close": 86.5, "trend_reference": 70.173333, "distance_from_trend": 0.232662, "trend_direction": "Improving", "fair_value": 47.825984, "distance_from_fair_value": 0.80864, "fair_value_direction": "Improving", "relative_strength": 34.887789, "relative_strength_direction": "Weakening", "price_momentum": 0.913717, "excess_performance": 0.849077, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.232662, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.211975, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.80864, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.041649, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.348878, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.1958, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.913717, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.836667, "read": "Demand-led" } ], "volume": { "latest": 331, "relative_activity": 0.089499, "balance": 1.836667, "dry_up": 0.035624, "accumulation_observations": 0, "distribution_observations": 0 }, "risk": { "range_context": 0.013784, "annualized_volatility": 0.691853, "from_high_reference": -0.005747, "from_low_reference": 1.109756 }, "levels": { "trend_reference": 70.173333, "fair_value_reference": 47.825984, "structural_low": 43.200001, "invalidation": 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"trend": 64.906667, "fair_value": 46.731892, "relative_strength": 36.251899, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.151869, "energy": 69.314439, "activity_lines": [ 79.433333, 79.181818, 78.498095, 73.144516 ] }, { "date": "2026-07-17", "close": 80.5, "volume": 166, "typical_volume": 15245.8, "trend": 66.136667, "fair_value": 46.995145, "relative_strength": 37.579623, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.172669, "energy": 73.778727, "activity_lines": [ 79.833333, 79.463636, 78.974286, 74.150538 ] }, { "date": "2026-07-24", "close": 81.0, "volume": 30, "typical_volume": 14893.05, "trend": 67.456667, "fair_value": 47.260339, "relative_strength": 35.388437, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.652584, "energy": 74.580214, "activity_lines": [ 80.266667, 79.8, 79.32619, 75.109462 ] }, { "date": "2026-07-31", "close": 81.0, "volume": 0, "typical_volume": 4055.7, "trend": 68.73, "fair_value": 47.524269, "relative_strength": 31.256757, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.192503, "energy": 73.669215, "activity_lines": [ 80.6, 80.090909, 79.519048, 75.983226 ] }, { "date": "2026-08-07", "close": 86.5, "volume": 331, "typical_volume": 3698.35, "trend": 70.173333, "fair_value": 47.825984, "relative_strength": 34.887789, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 99.630612, "energy": 79.721571, "activity_lines": [ 82.666667, 81.327273, 80.221429, 77.129677 ] } ], "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." } } }