{ "ticker": { "uuid": "8a4509dc-624a-445a-a310-88f371849f77", "symbol": "BFSA", "name": "Befesa S.A.", "exchange": "VIE", "country": "AT", "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": "^ATX", "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": "Established expansion", "architecture_gate": "up", "architecture_direction": 71.906, "architecture_energy": 73.629, "architecture_maturity": 41.466, "architecture_confidence": 67.943, "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": 20.95, "rotation_up": 75.25, "upward_expansion": 88.53, "deceleration": 45.14, "rotation_down": 11.43, "downward_expansion": 17.53 }, "activity_lines": [ 35.380001, 34.211953, 33.798272, 33.195463 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 36.400002, "trend_reference": 32.548644, "distance_from_trend": 0.118326, "trend_direction": "Improving", "fair_value": 28.125688, "distance_from_fair_value": 0.294191, "fair_value_direction": "Improving", "relative_strength": -3.330648, "relative_strength_direction": "Weakening", "price_momentum": 0.168164, "excess_performance": -0.006082, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.118326, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.058293, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.294191, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.106495, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.033306, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.007363, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.168164, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.0, "read": "Demand-led" } ], "volume": { "latest": 678, "relative_activity": 3.552528, "balance": 5.0, "dry_up": 2.473146, "accumulation_observations": 5, "distribution_observations": 0 }, "risk": { "range_context": 0.053571, "annualized_volatility": 0.398435, "from_high_reference": -0.005464, "from_low_reference": 0.385084 }, "levels": { "trend_reference": 32.548644, "fair_value_reference": 28.125688, "structural_low": 26.799999, 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"activity_lines": [ 31.902103, 32.765161, 32.653783, 32.334253 ] }, { "date": "2026-07-17", "close": 34.799999, "volume": 878, "typical_volume": 179.05, "trend": 31.987311, "fair_value": 28.083877, "relative_strength": -3.667797, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.572462, "energy": 25.156574, "activity_lines": [ 32.72, 33.056901, 32.900358, 32.529179 ] }, { "date": "2026-07-24", "close": 35.099998, "volume": 332, "typical_volume": 156.95, "trend": 32.201978, "fair_value": 28.099204, "relative_strength": -4.101106, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.948218, "energy": 33.036385, "activity_lines": [ 33.639999, 33.377262, 33.172075, 32.729998 ] }, { "date": "2026-07-31", "close": 35.400002, "volume": 0, "typical_volume": 156.95, "trend": 32.383311, "fair_value": 28.109241, "relative_strength": -3.206825, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.617548, "energy": 58.74108, "activity_lines": [ 34.53, 33.72609, 33.453983, 32.936322 ] }, { "date": "2026-08-07", "close": 36.400002, "volume": 678, "typical_volume": 190.85, "trend": 32.548644, "fair_value": 28.125688, "relative_strength": -3.330648, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.90622, "energy": 73.6291, "activity_lines": [ 35.380001, 34.211953, 33.798272, 33.195463 ] } ], "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." } } }