{ "ticker": { "uuid": "b5bcacc9-fa21-421a-8d50-25cd7f87c8e2", "symbol": "SZG", "name": "Salzgitter 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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 33.851, "architecture_energy": 19.309, "architecture_maturity": 24.893, "architecture_confidence": 65.744, "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": 58.01, "rotation_up": 39.58, "upward_expansion": 59.47, "deceleration": 62.94, "rotation_down": 18.11, "downward_expansion": 11.8 }, "activity_lines": [ 53.039999, 52.589091, 52.997626, 51.457204 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 52.5, "trend_reference": 50.036791, "distance_from_trend": 0.049228, "trend_direction": "Improving", "fair_value": 27.956331, "distance_from_fair_value": 0.877929, "fair_value_direction": "Weakening", "relative_strength": 16.439177, "relative_strength_direction": "Weakening", "price_momentum": 0.035584, "excess_performance": -0.029056, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.049228, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.124208, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.877929, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.079172, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.164392, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.332423, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.035584, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.705824, "read": "Demand-led" } ], "volume": { "latest": 549586, "relative_activity": 0.741991, "balance": 1.705824, "dry_up": 0.889203, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.126506, "annualized_volatility": 0.672169, "from_high_reference": -0.211119, "from_low_reference": 1.553805 }, "levels": { "trend_reference": 50.036791, "fair_value_reference": 27.956331, "structural_low": 32.022738, "invalidation": "A 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50.152108 ] }, { "date": "2026-07-10", "close": 51.049999, "volume": 945367, "typical_volume": 837858.25, "trend": 48.56721, "fair_value": 27.316467, "relative_strength": 25.394551, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.229817, "energy": 25.4342, "activity_lines": [ 50.380001, 53.267366, 51.531911, 50.334125 ] }, { "date": "2026-07-17", "close": 55.349998, "volume": 854593, "typical_volume": 855020.15, "trend": 49.068292, "fair_value": 27.486701, "relative_strength": 35.04885, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.229783, "energy": 23.738711, "activity_lines": [ 51.69, 53.458775, 52.09715, 50.771724 ] }, { "date": "2026-07-24", "close": 55.049999, "volume": 630994, "typical_volume": 829956.2, "trend": 49.587954, "fair_value": 27.645821, "relative_strength": 31.089484, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.478876, "energy": 20.087251, "activity_lines": [ 53.133333, 53.514646, 52.629221, 51.15764 ] }, { "date": "2026-07-31", "close": 51.55, "volume": 599327, "typical_volume": 818767.3, "trend": 49.818805, "fair_value": 27.790703, "relative_strength": 18.784722, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.094647, "energy": 21.428768, "activity_lines": [ 53.183333, 52.917529, 52.794075, 51.284224 ] }, { "date": "2026-08-07", "close": 52.5, "volume": 549586, "typical_volume": 740691.15, "trend": 50.036791, "fair_value": 27.956331, "relative_strength": 16.439177, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.850821, "energy": 19.309253, "activity_lines": [ 53.039999, 52.589091, 52.997626, 51.457204 ] } ], "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." } } }