{ "ticker": { "uuid": "e38210bd-540d-4090-80f2-366a0f7efd3a", "symbol": "PC", "name": "Pirelli & C. S.p.A.", "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": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 57.791, "architecture_energy": 47.864, "architecture_maturity": 14.018, "architecture_confidence": 70.659, "architecture_tenure": "Developing", "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": 22.34, "rotation_up": 57.3, "upward_expansion": 81.54, "deceleration": 51.99, "rotation_down": 17.58, "downward_expansion": 8.2 }, "activity_lines": [ 6.542407, 6.488426, 6.354257, 6.271384 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 6.535, "trend_reference": 6.222458, "distance_from_trend": 0.050228, "trend_direction": "Improving", "fair_value": 5.460571, "distance_from_fair_value": 0.196761, "fair_value_direction": "Weakening", "relative_strength": -13.139165, "relative_strength_direction": "Weakening", "price_momentum": 0.02881, "excess_performance": -0.145437, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.050228, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.023318, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.196761, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.007072, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.131392, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.025774, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.02881, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.461638, "read": "Supply-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 0.461638, "dry_up": 0.019881, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.044288, "annualized_volatility": 0.286076, "from_high_reference": -0.037088, "from_low_reference": 0.199083 }, "levels": { "trend_reference": 6.222458, "fair_value_reference": 5.460571, "structural_low": 5.45, "invalidation": "A 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6.187625, "fair_value": 5.432039, "relative_strength": -12.630495, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.455062, "energy": 64.518769, "activity_lines": [ 6.518546, 6.41058, 6.279949, 6.223864 ] }, { "date": "2026-07-31", "close": 6.6, "volume": 0, "typical_volume": 377.25, "trend": 6.210825, "fair_value": 5.44594, "relative_strength": -10.018077, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.280816, "energy": 57.153141, "activity_lines": [ 6.553952, 6.460458, 6.322184, 6.250469 ] }, { "date": "2026-08-07", "close": 6.535, "volume": 0, "typical_volume": 377.25, "trend": 6.222458, "fair_value": 5.460571, "relative_strength": -13.139165, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.790641, "energy": 47.863918, "activity_lines": [ 6.542407, 6.488426, 6.354257, 6.271384 ] } ], "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." } } }