{ "ticker": { "uuid": "04941928-eaf3-4b82-9555-84ccdef91d3a", "symbol": "CBUX", "name": "iShares Global Infrastructure UCITS ETF", "exchange": "GER", "country": "DE", "assetType": "etf" }, "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": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 49.112, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 35.208, "architecture_energy": 27.375, "architecture_maturity": 43.475, "architecture_confidence": 51.423, "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": 35.56, "rotation_up": 44.34, "upward_expansion": 66.36, "deceleration": 61.49, "rotation_down": 24.78, "downward_expansion": 16.36 }, "activity_lines": [ 6.197267, 6.2062, 6.151648, 6.110125 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 6.061, "trend_reference": 6.020567, "distance_from_trend": 0.006716, "trend_direction": "Improving", "fair_value": 5.460532, "distance_from_fair_value": 0.109965, "fair_value_direction": "Weakening", "relative_strength": -2.626586, "relative_strength_direction": "Weakening", "price_momentum": 0.065015, "excess_performance": 0.000375, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.006716, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.043649, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.109965, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.008542, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.026266, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.078024, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.065015, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.835898, "read": "Supply-led" } ], "volume": { "latest": 479668, "relative_activity": 1.206467, "balance": 0.835898, "dry_up": 1.1992, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.024507, "annualized_volatility": 0.145142, "from_high_reference": -0.053856, "from_low_reference": 0.173021 }, "levels": { "trend_reference": 6.020567, "fair_value_reference": 5.460532, "structural_low": 5.625, "invalidation": 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6.227636, 6.155686, 6.106123 ] }, { "date": "2026-08-07", "close": 6.061, "volume": 479668, "typical_volume": 397580.7, "trend": 6.020567, "fair_value": 5.460532, "relative_strength": -2.626586, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.207639, "energy": 27.374795, "activity_lines": [ 6.197267, 6.2062, 6.151648, 6.110125 ] } ], "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." } } }