{ "ticker": { "uuid": "ea7c45b2-6d18-4f9f-b1cc-525c99d02455", "symbol": "MTLS", "name": "Materialise NV", "exchange": "NASDAQ", "country": "US", "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": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "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": 47.296, "architecture_energy": 27.63, "architecture_maturity": 63.452, "architecture_confidence": 91.252, "architecture_tenure": "New", "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": 29.9, "rotation_up": 30.98, "upward_expansion": 59.19, "deceleration": 87.99, "rotation_down": 27.2, "downward_expansion": 20.52 }, "activity_lines": [ 6.61, 6.700727, 6.454905, 6.164258 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 6.85, "trend_reference": 5.864667, "distance_from_trend": 0.168012, "trend_direction": "Improving", "fair_value": 5.811731, "distance_from_fair_value": 0.178651, "fair_value_direction": "Improving", "relative_strength": 4.006847, "relative_strength_direction": "Improving", "price_momentum": 0.243194, "excess_performance": 0.055741, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.168012, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.056633, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.178651, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.274249, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.040068, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.223623, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.243194, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.449408, "read": "Demand-led" } ], "volume": { "latest": 289045, "relative_activity": 0.546555, "balance": 2.449408, "dry_up": 0.590165, "accumulation_observations": 6, "distribution_observations": 1 }, "risk": { "range_context": 0.077401, "annualized_volatility": 0.340782, "from_high_reference": -0.086667, "from_low_reference": 0.433054 }, "levels": { "trend_reference": 5.864667, "fair_value_reference": 5.811731, "structural_low": 4.78, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 2, "median_return": 0.107494, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.075091, "regime_survival": 0.0, "best_return": 0.265789, "worst_return": -0.050802, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": -0.188582, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.159104, "regime_survival": 0.0, "best_return": 0.001783, "worst_return": -0.378947, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": -0.231579, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.310092, "regime_survival": 0.0, "best_return": -0.231579, "worst_return": -0.231579, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": -0.257895, 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6.734364, 6.272571, 6.012215 ] }, { "date": "2026-07-24", "close": 6.55, "volume": 357402, "typical_volume": 548681.6, "trend": 5.798667, "fair_value": 5.822949, "relative_strength": 5.273597, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.414841, "energy": 39.481091, "activity_lines": [ 6.707333, 6.730364, 6.336143, 6.062796 ] }, { "date": "2026-07-31", "close": 6.35, "volume": 279131, "typical_volume": 534981.1, "trend": 5.828667, "fair_value": 5.813974, "relative_strength": 1.472811, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.946788, "energy": 26.134211, "activity_lines": [ 6.551333, 6.674182, 6.374381, 6.098366 ] }, { "date": "2026-08-07", "close": 6.85, "volume": 289045, "typical_volume": 528848.9, "trend": 5.864667, "fair_value": 5.811731, "relative_strength": 4.006847, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.296159, "energy": 27.629576, "activity_lines": [ 6.61, 6.700727, 6.454905, 6.164258 ] } ], "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." } } }