{ "ticker": { "uuid": "8b999eae-3d26-4a84-b41a-50d95a109334", "symbol": "ELG", "name": "Elmos Semiconductor 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": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Momentum cooling", "architecture_gate": "mixed", "architecture_direction": -34.272, "architecture_energy": 53.263, "architecture_maturity": 45.734, "architecture_confidence": 70.022, "architecture_tenure": "Developing", "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": 27.84, "rotation_up": 14.14, "upward_expansion": 28.81, "deceleration": 52.4, "rotation_down": 69.75, "downward_expansion": 47.14 }, "activity_lines": [ 151.733332, 160.385455, 168.4825, 164.808757 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 146.0, "trend_reference": 155.183278, "distance_from_trend": -0.059177, "trend_direction": "Improving", "fair_value": 88.694445, "distance_from_fair_value": 0.646101, "fair_value_direction": "Weakening", "relative_strength": 7.056964, "relative_strength_direction": "Weakening", "price_momentum": 0.253833, "excess_performance": 0.189193, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.059177, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.181657, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.646101, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.891421, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.07057, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.86437, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.253833, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.451709, "read": "Supply-led" } ], "volume": { "latest": 255675, "relative_activity": 1.457077, "balance": 0.451709, "dry_up": 0.984991, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.099993, "annualized_volatility": 0.479999, "from_high_reference": -0.285437, "from_low_reference": 0.941952 }, "levels": { "trend_reference": 155.183278, "fair_value_reference": 88.694445, "structural_low": 115.649452, 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"deceleration", "modifier": "Recompressing", "gate": "up", "direction": -16.16111, "energy": 28.592903, "activity_lines": [ 156.866666, 164.727273, 170.733346, 165.318466 ] }, { "date": "2026-08-07", "close": 146.0, "volume": 255675, "typical_volume": 175471.2, "trend": 155.183278, "fair_value": 88.694445, "relative_strength": 7.056964, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.272289, "energy": 53.263191, "activity_lines": [ 151.733332, 160.385455, 168.4825, 164.808757 ] } ], "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." } } }