{ "ticker": { "uuid": "890db650-38da-4f29-ab89-7dd5a55da99e", "symbol": "PZS", "name": "Scherzer & Co. 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": 59.807, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 35.074, "architecture_energy": 19.188, "architecture_maturity": 42.156, "architecture_confidence": 78.443, "architecture_tenure": "New", "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": 46.09, "rotation_up": 25.85, "upward_expansion": 54.69, "deceleration": 90.31, "rotation_down": 26.29, "downward_expansion": 18.36 }, "activity_lines": [ 2.690667, 2.703273, 2.683613, 2.652934 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 2.66, "trend_reference": 2.617842, "distance_from_trend": 0.016104, "trend_direction": "Improving", "fair_value": 2.309729, "distance_from_fair_value": 0.15165, "fair_value_direction": "Improving", "relative_strength": -0.857563, "relative_strength_direction": "Weakening", "price_momentum": 0.034138, "excess_performance": -0.030501, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.016104, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.05242, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.15165, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.042484, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.008576, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.070659, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.034138, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.39964, "read": "Supply-led" } ], "volume": { "latest": 166930, "relative_activity": 6.479171, "balance": 0.39964, "dry_up": 2.048014, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.030763, "annualized_volatility": 0.131186, "from_high_reference": -0.05, "from_low_reference": 0.209573 }, "levels": { "trend_reference": 2.617842, "fair_value_reference": 2.309729, "structural_low": 2.33657, "invalidation": "A sustained 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"upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.362876, "energy": 42.371839, "activity_lines": [ 2.72, 2.718767, 2.666736, 2.63628 ] }, { "date": "2026-07-24", "close": 2.7, "volume": 14683, "typical_volume": 21671.55, "trend": 2.600837, "fair_value": 2.308221, "relative_strength": 5.807779, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.726122, "energy": 31.313998, "activity_lines": [ 2.713333, 2.716922, 2.674302, 2.643417 ] }, { "date": "2026-07-31", "close": 2.7, "volume": 15569, "typical_volume": 20191.5, "trend": 2.611642, "fair_value": 2.30904, "relative_strength": 3.476205, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.843523, "energy": 28.524332, "activity_lines": [ 2.706667, 2.714182, 2.68126, 2.649814 ] }, { "date": "2026-08-07", "close": 2.66, "volume": 166930, "typical_volume": 25764.1, "trend": 2.617842, "fair_value": 2.309729, "relative_strength": -0.857563, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.073971, "energy": 19.187676, "activity_lines": [ 2.690667, 2.703273, 2.683613, 2.652934 ] } ], "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." } } }