{ "ticker": { "uuid": "e2461ce4-7b7c-4c1b-8e3d-b6138d2ca157", "symbol": "MTX", "name": "MTU Aero Engines AG", "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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 67.358, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "mixed", "architecture_direction": 46.42, "architecture_energy": 36.851, "architecture_maturity": 25.048, "architecture_confidence": 46.247, "architecture_tenure": "Developing", "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": 28.83, "rotation_up": 53.13, "upward_expansion": 51.28, "deceleration": 41.17, "rotation_down": 27.24, "downward_expansion": 11.95 }, "activity_lines": [ 359.573334, 356.06, 337.707761, 334.341163 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Stable", "price_acceptance": 0.666667 }, "latest_close": 374.899994, "trend_reference": 338.18922, "distance_from_trend": 0.108551, "trend_direction": "Weakening", "fair_value": 290.73856, "distance_from_fair_value": 0.289475, "fair_value_direction": "Improving", "relative_strength": -13.124474, "relative_strength_direction": "Improving", "price_momentum": -0.004972, "excess_performance": -0.179219, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.108551, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.007611, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.289475, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.203387, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.131245, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.14627, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.004972, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 4.994872, "read": "Demand-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 4.994872, "dry_up": 2.059594, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.06174, "annualized_volatility": 0.481382, "from_high_reference": -0.057641, "from_low_reference": 0.398881 }, "levels": { "trend_reference": 338.18922, "fair_value_reference": 290.73856, "structural_low": 268.0, "invalidation": 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"trend": 338.812723, "fair_value": 287.782895, "relative_strength": -18.715752, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.862307, "energy": 55.870412, "activity_lines": [ 357.166667, 342.776361, 326.839246, 330.310462 ] }, { "date": "2026-07-24", "close": 341.700012, "volume": 0, "typical_volume": 77.95, "trend": 338.507028, "fair_value": 288.650292, "relative_strength": -19.595667, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.934904, "energy": 49.154597, "activity_lines": [ 352.373338, 345.214545, 328.814539, 330.496739 ] }, { "date": "2026-07-31", "close": 361.5, "volume": 572, "typical_volume": 76.55, "trend": 338.304396, "fair_value": 289.632756, "relative_strength": -14.319778, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.35453, "energy": 32.395199, "activity_lines": [ 353.793337, 350.016364, 332.697089, 331.980156 ] }, { "date": "2026-08-07", "close": 374.899994, "volume": 0, "typical_volume": 76.35, "trend": 338.18922, "fair_value": 290.73856, "relative_strength": -13.124474, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.419577, "energy": 36.851238, "activity_lines": [ 359.573334, 356.06, 337.707761, 334.341163 ] } ], "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." } } }