{ "ticker": { "uuid": "05416ee8-e755-4a23-a64e-2cb4c4cba105", "symbol": "EX45", "name": "iShares Dow Jones Eurozone Sustainability Screened UCITS ETF (DE)", "exchange": "VIE", "country": "AT", "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": "^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": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 76.072, "architecture_energy": 50.73, "architecture_maturity": 60.36, "architecture_confidence": 55.9, "architecture_tenure": "Established", "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": 21.63, "rotation_up": 48.22, "upward_expansion": 78.39, "deceleration": 67.84, "rotation_down": 27.47, "downward_expansion": 7.39 }, "activity_lines": [ 23.649666, 23.594818, 23.266095, 22.860409 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 24.15, "trend_reference": 22.442333, "distance_from_trend": 0.076091, "trend_direction": "Improving", "fair_value": 19.091321, "distance_from_fair_value": 0.264973, "fair_value_direction": "Improving", "relative_strength": -9.808871, "relative_strength_direction": "Weakening", "price_momentum": 0.094493, "excess_performance": -0.079753, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.076091, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.033376, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.264973, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.044585, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.098089, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.001994, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.094493, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.069284, "read": "Demand-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 1.069284, "dry_up": 2.116241, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.024128, "annualized_volatility": 0.187724, "from_high_reference": 0.0, "from_low_reference": 0.227384 }, "levels": { "trend_reference": 22.442333, "fair_value_reference": 19.091321, "structural_low": 19.676001, "invalidation": "A 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21.972833, "fair_value": 18.721558, "relative_strength": -11.634927, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.635254, "energy": 80.474977, "activity_lines": [ 23.373, 23.022182, 22.446167, 22.231581 ] }, { "date": "2026-06-26", "close": 23.4, "volume": 0, "typical_volume": 2333.9, "trend": 22.047167, "fair_value": 18.772596, "relative_strength": -11.321095, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.710638, "energy": 74.375269, "activity_lines": [ 23.427, 23.130909, 22.567405, 22.323656 ] }, { "date": "2026-07-03", "close": 24.004999, "volume": 0, "typical_volume": 2125.85, "trend": 22.135, "fair_value": 18.831103, "relative_strength": -10.880226, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.052372, "energy": 82.434906, "activity_lines": [ 23.651333, 23.337909, 22.739905, 22.449968 ] }, { "date": "2026-07-10", "close": 23.43, "volume": 4025, "typical_volume": 2188.4, "trend": 22.2035, "fair_value": 18.882269, "relative_strength": -11.572323, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.675484, "energy": 71.740276, "activity_lines": [ 23.626333, 23.407909, 22.848167, 22.533516 ] }, { "date": "2026-07-17", "close": 23.17, "volume": 10899, "typical_volume": 2594.65, "trend": 22.255167, "fair_value": 18.931821, "relative_strength": -10.553556, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.852037, "energy": 49.178041, "activity_lines": [ 23.482666, 23.407455, 22.926691, 22.595871 ] }, { "date": "2026-07-24", "close": 23.334999, "volume": 5124, "typical_volume": 2362.75, "trend": 22.313167, "fair_value": 18.98066, "relative_strength": -10.840953, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.621317, "energy": 40.655266, "activity_lines": [ 23.403666, 23.424545, 23.018643, 22.665538 ] }, { "date": "2026-07-31", "close": 23.555, "volume": 3843, "typical_volume": 2554.9, "trend": 22.371333, "fair_value": 19.03391, "relative_strength": -9.692894, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.884225, "energy": 34.106957, "activity_lines": [ 23.432666, 23.461273, 23.120428, 22.745656 ] }, { "date": "2026-08-07", "close": 24.15, "volume": 0, "typical_volume": 2346.85, "trend": 22.442333, "fair_value": 19.091321, "relative_strength": -9.808871, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.071682, "energy": 50.730259, "activity_lines": [ 23.649666, 23.594818, 23.266095, 22.860409 ] } ], "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." } } }