{
  "ticker": {
    "uuid": "c55f8151-eb54-4250-99e9-b896c6274943",
    "symbol": "PYR",
    "name": "Pyrum Innovations 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": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 78.331,
    "architecture_regime": "rotation_up",
    "architecture_regime_label": "Rotation Up",
    "architecture_modifier": "Structural repair",
    "architecture_gate": "down",
    "architecture_direction": 1.162,
    "architecture_energy": 12.003,
    "architecture_maturity": 37.098,
    "architecture_confidence": 55.922,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating upward.",
        "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair."
      },
      "scores": {
        "balance": 52.6,
        "rotation_up": 36.25,
        "upward_expansion": 19.58,
        "deceleration": 43.91,
        "rotation_down": 18.31,
        "downward_expansion": 55.91
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      "activity_lines": [
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.166667
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    "latest_close": 28.299999,
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    "trend_direction": "Weakening",
    "fair_value": 30.337206,
    "distance_from_fair_value": -0.067152,
    "fair_value_direction": "Improving",
    "relative_strength": -3.863203,
    "relative_strength_direction": "Improving",
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    "excess_performance": 0.015513,
    "evidence": [
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        "label": "Price vs Trend",
        "positive": true,
        "value": 0.092383,
        "read": "Above"
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        "label": "Trend direction",
        "positive": false,
        "value": -0.049571,
        "read": "Falling"
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      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.067152,
        "read": "Below anchor"
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        "label": "Fair Value direction",
        "positive": true,
        "value": 0.105545,
        "read": "Closing upward"
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      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.038632,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.041397,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.080153,
        "read": "Positive"
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      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.252495,
        "read": "Demand-led"
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      "relative_activity": 3.844392,
      "balance": 1.252495,
      "dry_up": 1.522237,
      "accumulation_observations": 3,
      "distribution_observations": 3
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    "risk": {
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      "annualized_volatility": 0.327463,
      "from_high_reference": -0.172515,
      "from_low_reference": 0.280543
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      "structural_low": 22.1,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
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        "horizon": "Extended",
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      {
        "date": "2026-06-19",
        "close": 24.799999,
        "volume": 690,
        "typical_volume": 3325.6,
        "trend": 27.033333,
        "fair_value": 31.354683,
        "relative_strength": -14.295515,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.854362,
        "energy": 60.989894,
        "activity_lines": [
          25.333333,
          25.843636,
          26.050476,
          26.355914
        ]
      },
      {
        "date": "2026-06-26",
        "close": 22.299999,
        "volume": 4133,
        "typical_volume": 3018.15,
        "trend": 26.786667,
        "fair_value": 31.172088,
        "relative_strength": -21.445487,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -88.229143,
        "energy": 82.19477,
        "activity_lines": [
          24.226666,
          25.14,
          25.680952,
          26.050538
        ]
      },
      {
        "date": "2026-07-03",
        "close": 24.5,
        "volume": 345,
        "typical_volume": 2689.85,
        "trend": 26.69,
        "fair_value": 31.03457,
        "relative_strength": -16.998551,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.412773,
        "energy": 75.169917,
        "activity_lines": [
          24.146666,
          24.912727,
          25.539524,
          25.903011
        ]
      },
      {
        "date": "2026-07-10",
        "close": 24.6,
        "volume": 2339,
        "typical_volume": 2640.45,
        "trend": 26.533333,
        "fair_value": 30.879994,
        "relative_strength": -13.994622,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.075152,
        "energy": 70.121279,
        "activity_lines": [
          24.166666,
          24.752727,
          25.418571,
          25.768172
        ]
      },
      {
        "date": "2026-07-17",
        "close": 24.799999,
        "volume": 672,
        "typical_volume": 2502.7,
        "trend": 26.26,
        "fair_value": 30.736814,
        "relative_strength": -12.206694,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.274111,
        "energy": 57.504163,
        "activity_lines": [
          24.353333,
          24.663636,
          25.327143,
          25.656344
        ]
      },
      {
        "date": "2026-07-24",
        "close": 24.200001,
        "volume": 1940,
        "typical_volume": 2427.5,
        "trend": 25.99,
        "fair_value": 30.588523,
        "relative_strength": -14.6746,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.87661,
        "energy": 37.668325,
        "activity_lines": [
          24.353333,
          24.496363,
          25.188571,
          25.523441
        ]
      },
      {
        "date": "2026-07-31",
        "close": 24.4,
        "volume": 3954,
        "typical_volume": 2502.9,
        "trend": 25.893333,
        "fair_value": 30.445308,
        "relative_strength": -15.215822,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.118775,
        "energy": 29.266376,
        "activity_lines": [
          24.46,
          24.414545,
          25.076667,
          25.42086
        ]
      },
      {
        "date": "2026-08-07",
        "close": 28.299999,
        "volume": 11246,
        "typical_volume": 2925.3,
        "trend": 25.906667,
        "fair_value": 30.337206,
        "relative_strength": -3.863203,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": 1.161708,
        "energy": 12.00331,
        "activity_lines": [
          25.726666,
          25.083636,
          25.344286,
          25.576129
        ]
      }
    ],
    "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."
    }
  }
}