{
  "ticker": {
    "uuid": "895c2cbb-a81b-4abe-b715-aa7a4672a06b",
    "symbol": "GFT",
    "name": "GFT Technologies SE",
    "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": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 75.565,
    "architecture_energy": 64.005,
    "architecture_maturity": 18.579,
    "architecture_confidence": 87.474,
    "architecture_tenure": "New",
    "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": 21.17,
        "rotation_up": 66.59,
        "upward_expansion": 85.7,
        "deceleration": 47.31,
        "rotation_down": 13.98,
        "downward_expansion": 12.37
      },
      "activity_lines": [
        22.204667,
        21.572129,
        21.046522,
        20.300376
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 23.65,
    "trend_reference": 19.590217,
    "distance_from_trend": 0.207235,
    "trend_direction": "Improving",
    "fair_value": 22.427399,
    "distance_from_fair_value": 0.054514,
    "fair_value_direction": "Improving",
    "relative_strength": 15.691006,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.246048,
    "excess_performance": 0.181409,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.207235,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.049391,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.054514,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.137675,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.15691,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.068323,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.246048,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.426535,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 418265,
      "relative_activity": 1.620138,
      "balance": 1.426535,
      "dry_up": 1.38206,
      "accumulation_observations": 4,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.07764,
      "annualized_volatility": 0.539541,
      "from_high_reference": -0.052104,
      "from_low_reference": 0.706349
    },
    "levels": {
      "trend_reference": 19.590217,
      "fair_value_reference": 22.427399,
      "structural_low": 13.86,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 20,
        "median_return": -0.025602,
        "positive_rate": 0.45,
        "directional_follow_through": 0.45,
        "median_excess_return": -0.007597,
        "regime_survival": 0.65,
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        "worst_return": -0.262527,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "worst_return": -0.263052,
        "sufficient": true
      },
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        "horizon": "Extended",
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        "worst_return": -0.371855,
        "sufficient": true
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      {
        "horizon": "Full cycle",
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        "worst_return": -0.331633,
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        "modifier": "Balance after decline",
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      },
      {
        "date": "2026-04-24",
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      },
      {
        "date": "2026-05-01",
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      },
      {
        "date": "2026-05-08",
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      },
      {
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      },
      {
        "date": "2026-05-22",
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      },
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        "date": "2026-05-29",
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      },
      {
        "date": "2026-06-05",
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        "date": "2026-06-12",
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      },
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      },
      {
        "date": "2026-06-26",
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        "stage": 1,
        "regime": "upward_expansion",
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        "direction": 54.386349,
        "energy": 35.35165,
        "activity_lines": [
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          19.445621
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      },
      {
        "date": "2026-07-03",
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        "trend": 19.198884,
        "fair_value": 22.548171,
        "relative_strength": 5.972246,
        "stage": 1,
        "regime": "upward_expansion",
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        "gate": "up",
        "direction": 45.162608,
        "energy": 29.080832,
        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
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        "volume": 263111,
        "typical_volume": 322772.4,
        "trend": 19.244884,
        "fair_value": 22.508996,
        "relative_strength": 2.568086,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 37.354964,
        "energy": 19.893091,
        "activity_lines": [
          20.529045,
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      },
      {
        "date": "2026-07-17",
        "close": 20.85,
        "volume": 285668,
        "typical_volume": 300005.55,
        "trend": 19.309217,
        "fair_value": 22.479008,
        "relative_strength": 9.205203,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.176198,
        "energy": 19.714956,
        "activity_lines": [
          20.577534,
          20.835766,
          20.297377,
          19.721514
        ]
      },
      {
        "date": "2026-07-24",
        "close": 20.700001,
        "volume": 198152,
        "typical_volume": 260999.1,
        "trend": 19.369884,
        "fair_value": 22.448429,
        "relative_strength": 7.05472,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.673816,
        "energy": 20.009711,
        "activity_lines": [
          20.607334,
          20.787561,
          20.402203,
          19.811242
        ]
      },
      {
        "date": "2026-07-31",
        "close": 22.8,
        "volume": 525120,
        "typical_volume": 255362.4,
        "trend": 19.49855,
        "fair_value": 22.438452,
        "relative_strength": 15.066278,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 67.517872,
        "energy": 36.088444,
        "activity_lines": [
          21.342667,
          21.112038,
          20.695505,
          20.03254
        ]
      },
      {
        "date": "2026-08-07",
        "close": 23.65,
        "volume": 418265,
        "typical_volume": 258166.2,
        "trend": 19.590217,
        "fair_value": 22.427399,
        "relative_strength": 15.691006,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.565049,
        "energy": 64.004542,
        "activity_lines": [
          22.204667,
          21.572129,
          21.046522,
          20.300376
        ]
      }
    ],
    "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."
    }
  }
}