{ "ticker": { "uuid": "c7a361c4-8d74-4add-95f2-19e1824ff70a", "symbol": "BAMNB", "name": "Koninklijke BAM Groep nv", "exchange": "AMS", "country": "NL", "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": "2026-10-09", "benchmark": "^AEX", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 93.416, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 53.698, "architecture_energy": 39.235, "architecture_maturity": 9.689, "architecture_confidence": 78.863, "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": 37.97, "rotation_up": 54.21, "upward_expansion": 75.21, "deceleration": 60.59, "rotation_down": 17.41, "downward_expansion": 4.21 }, "activity_lines": [ 11.928, 11.794545, 11.734333, 11.402555 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 11.67, "trend_reference": 10.783937, "distance_from_trend": 0.082165, "trend_direction": "Improving", "fair_value": 6.166138, "distance_from_fair_value": 0.892595, "fair_value_direction": "Weakening", "relative_strength": 8.38334, "relative_strength_direction": "Weakening", "price_momentum": 0.225856, "excess_performance": 0.106381, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.082165, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.093625, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.892595, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.328838, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.083833, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.135673, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.225856, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.321696, "read": "Demand-led" } ], "volume": { "latest": 3351271, "relative_activity": 1.592562, "balance": 1.321696, "dry_up": 1.692359, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.058269, "annualized_volatility": 0.393617, "from_high_reference": -0.111196, "from_low_reference": 0.693957 }, "levels": { "trend_reference": 10.783937, "fair_value_reference": 6.166138, "structural_low": 8.545, "invalidation": 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24.376524, "activity_lines": [ 11.504667, 11.521091, 11.497142, 11.032138 ] }, { "date": "2026-09-18", "close": 11.73, "volume": 3496815, "typical_volume": 2191373.85, "trend": 10.462999, "fair_value": 5.967782, "relative_strength": 14.207966, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.577499, "energy": 27.587558, "activity_lines": [ 11.546, 11.559273, 11.555, 11.118799 ] }, { "date": "2026-09-25", "close": 11.92, "volume": 3115449, "typical_volume": 2153225.3, "trend": 10.552047, "fair_value": 6.03278, "relative_strength": 13.672411, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.666555, "energy": 34.169853, "activity_lines": [ 11.670667, 11.634545, 11.618214, 11.212799 ] }, { "date": "2026-10-02", "close": 12.5, "volume": 4281572, "typical_volume": 2157121.25, "trend": 10.676738, "fair_value": 6.101989, "relative_strength": 17.97496, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.047182, "energy": 47.765343, "activity_lines": [ 11.966, 11.803636, 11.724476, 11.338474 ] }, { "date": "2026-10-09", "close": 11.67, "volume": 3351271, "typical_volume": 2104326.8, "trend": 10.783937, "fair_value": 6.166138, "relative_strength": 8.38334, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.697721, "energy": 39.235268, "activity_lines": [ 11.928, 11.794545, 11.734333, 11.402555 ] } ], "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." } } }