{ "ticker": { "uuid": "113f6b2c-e24a-4376-a1f5-e659234ba7b0", "symbol": "DK16", "name": "Deka Msci Usa Climate Change Esg Ucits Etf", "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": 85.352, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 64.582, "architecture_energy": 48.119, "architecture_maturity": 65.671, "architecture_confidence": 75.203, "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": 22.48, "rotation_up": 44.29, "upward_expansion": 64.95, "deceleration": 85.42, "rotation_down": 27.7, "downward_expansion": 23.95 }, "activity_lines": [ 65.938, 65.942363, 65.016429, 63.004258 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 67.220001, "trend_reference": 60.646667, "distance_from_trend": 0.108387, "trend_direction": "Improving", "fair_value": 51.000417, "distance_from_fair_value": 0.318028, "fair_value_direction": "Improving", "relative_strength": -7.102409, "relative_strength_direction": "Weakening", "price_momentum": 0.208341, "excess_performance": 0.034094, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.108387, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.04418, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.318028, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.0192, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.071024, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.033414, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.208341, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.0, "read": "Demand-led" } ], "volume": { "latest": 457, "relative_activity": 1.754655, "balance": 5.0, "dry_up": 0.438664, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.026652, "annualized_volatility": 0.165554, "from_high_reference": -0.007237, "from_low_reference": 0.279893 }, "levels": { "trend_reference": 60.646667, "fair_value_reference": 51.000417, "structural_low": 52.52, "invalidation": "A decisive breakout 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"close": 64.190002, "volume": 0, "typical_volume": 544.8, "trend": 59.138667, "fair_value": 49.893365, "relative_strength": -9.181037, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.740759, "energy": 64.850323, "activity_lines": [ 65.470667, 65.095273, 62.114143, 60.537506 ] }, { "date": "2026-07-03", "close": 66.540001, "volume": 0, "typical_volume": 391.2, "trend": 59.383, "fair_value": 50.083013, "relative_strength": -7.906566, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.309271, "energy": 66.097127, "activity_lines": [ 65.724, 65.527637, 62.768524, 61.015011 ] }, { "date": "2026-07-10", "close": 67.5, "volume": 0, "typical_volume": 314.4, "trend": 59.680334, "fair_value": 50.277853, "relative_strength": -5.235647, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.139437, "energy": 68.375317, "activity_lines": [ 66.297334, 66.010364, 63.458286, 61.538688 ] }, { "date": "2026-07-17", "close": 65.949997, "volume": 0, "typical_volume": 314.4, "trend": 59.939667, "fair_value": 50.460481, "relative_strength": -5.450743, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.911756, "energy": 60.931109, "activity_lines": [ 66.273333, 66.078363, 63.942952, 61.943183 ] }, { "date": "2026-07-24", "close": 65.269997, "volume": 0, "typical_volume": 237.6, "trend": 60.172667, "fair_value": 50.635256, "relative_strength": -7.518552, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.508608, "energy": 59.976206, "activity_lines": [ 65.994665, 65.970726, 64.310571, 62.287075 ] }, { "date": "2026-07-31", "close": 64.440002, "volume": 0, "typical_volume": 237.6, "trend": 60.371, "fair_value": 50.804103, "relative_strength": -8.434851, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.588493, "energy": 45.78915, "activity_lines": [ 65.511333, 65.69509, 64.552667, 62.562387 ] }, { "date": "2026-08-07", "close": 67.220001, "volume": 457, "typical_volume": 260.45, "trend": 60.646667, "fair_value": 51.000417, "relative_strength": -7.102409, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.581727, "energy": 48.119382, "activity_lines": [ 65.938, 65.942363, 65.016429, 63.004258 ] } ], "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." } } }