{ "ticker": { "uuid": "abaf8396-dcc0-40ae-9a66-f7f3b1cea962", "symbol": "BNR", "name": "Brenntag SE", "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": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 91.482, "architecture_energy": 91.689, "architecture_maturity": 19.876, "architecture_confidence": 67.599, "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": 11.3, "rotation_up": 88.29, "upward_expansion": 97.9, "deceleration": 39.01, "rotation_down": 8.21, "downward_expansion": 19.9 }, "activity_lines": [ 61.393333, 59.154181, 58.177902, 56.879587 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 64.580002, "trend_reference": 55.034107, "distance_from_trend": 0.173454, "trend_direction": "Improving", "fair_value": 58.90302, "distance_from_fair_value": 0.096378, "fair_value_direction": "Improving", "relative_strength": 0.825929, "relative_strength_direction": "Improving", "price_momentum": 0.2025, "excess_performance": 0.028253, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.173454, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.066104, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.096378, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.10241, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.008259, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.048667, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.2025, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 36.11, "read": "Demand-led" } ], "volume": { "latest": 1658, "relative_activity": 5.057191, "balance": 36.11, "dry_up": 1.264298, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.038286, "annualized_volatility": 0.396214, "from_high_reference": -0.02653, "from_low_reference": 0.515068 }, "levels": { "trend_reference": 55.034107, "fair_value_reference": 58.90302, "structural_low": 42.625159, "invalidation": "A 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"gate": "up", "direction": 18.550003, "energy": 17.858844, "activity_lines": [ 55.541333, 55.943507, 56.123911, 55.009956 ] }, { "date": "2026-07-17", "close": 59.259998, "volume": 0, "typical_volume": 631.95, "trend": 53.644898, "fair_value": 58.929268, "relative_strength": -4.612773, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.333864, "energy": 34.882466, "activity_lines": [ 56.839999, 56.430975, 56.544406, 55.39657 ] }, { "date": "2026-07-24", "close": 59.16, "volume": 0, "typical_volume": 522.0, "trend": 54.038977, "fair_value": 58.897037, "relative_strength": -5.571403, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.465658, "energy": 57.661217, "activity_lines": [ 57.897333, 56.896727, 56.916392, 55.752383 ] }, { "date": "2026-07-31", "close": 61.419998, "volume": 0, "typical_volume": 245.9, "trend": 54.489359, "fair_value": 58.899117, "relative_strength": -1.574474, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.718791, "energy": 79.966688, "activity_lines": [ 59.362666, 57.772726, 57.429624, 56.228578 ] }, { "date": "2026-08-07", "close": 64.580002, "volume": 1658, "typical_volume": 327.85, "trend": 55.034107, "fair_value": 58.90302, "relative_strength": 0.825929, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.482383, "energy": 91.689049, "activity_lines": [ 61.393333, 59.154181, 58.177902, 56.879587 ] } ], "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." } } }