{ "ticker": { "uuid": "13d00841-2c9f-46e7-afc2-50e9527fe738", "symbol": "RENW", "name": "L&G Clean Energy UCITS ETF USD Acc", "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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 56.033, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "mixed", "architecture_direction": -23.404, "architecture_energy": 37.59, "architecture_maturity": 39.006, "architecture_confidence": 46.082, "architecture_tenure": "Developing", "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": 40.77, "rotation_up": 14.1, "upward_expansion": 22.84, "deceleration": 62.53, "rotation_down": 64.58, "downward_expansion": 38.84 }, "activity_lines": [ 14.447067, 14.867455, 15.312533, 15.064249 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 14.504, "trend_reference": 14.584267, "distance_from_trend": -0.005504, "trend_direction": "Improving", "fair_value": 10.353782, "distance_from_fair_value": 0.400841, "fair_value_direction": "Weakening", "relative_strength": 2.249532, "relative_strength_direction": "Weakening", "price_momentum": 0.111758, "excess_performance": 0.047119, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.005504, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.0895, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.400841, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.205688, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.022495, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.331825, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.111758, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.730083, "read": "Demand-led" } ], "volume": { "latest": 174725, "relative_activity": 0.744831, "balance": 1.730083, "dry_up": 0.827123, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.051307, "annualized_volatility": 0.189567, "from_high_reference": -0.160259, "from_low_reference": 0.446639 }, "levels": { "trend_reference": 14.584267, "fair_value_reference": 10.353782, "structural_low": 12.83, "invalidation": "A 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"fair_value": 10.26709, "relative_strength": 10.430387, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.210182, "energy": 22.430099, "activity_lines": [ 15.148, 15.592873, 15.540447, 15.072495 ] }, { "date": "2026-07-24", "close": 14.608, "volume": 130899, "typical_volume": 232265.1, "trend": 14.4372, "fair_value": 10.295603, "relative_strength": 8.936772, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.583295, "energy": 26.58891, "activity_lines": [ 14.881867, 15.354109, 15.49119, 15.090133 ] }, { "date": "2026-07-31", "close": 14.038, "volume": 234247, "typical_volume": 235223.8, "trend": 14.506, "fair_value": 10.322667, "relative_strength": 2.097131, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -20.085611, "energy": 36.925323, "activity_lines": [ 14.538933, 15.044582, 15.3814, 15.064378 ] }, { "date": "2026-08-07", "close": 14.504, "volume": 174725, "typical_volume": 234583.5, "trend": 14.584267, "fair_value": 10.353782, "relative_strength": 2.249532, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.403596, "energy": 37.589563, "activity_lines": [ 14.447067, 14.867455, 15.312533, 15.064249 ] } ], "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." } } }