{ "ticker": { "uuid": "15ad2e41-5c80-454b-98c9-49845fac8b19", "symbol": "DX2E", "name": "Xtrackers S&P Global Infrastructure Swap 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": 62.999, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 32.24, "architecture_energy": 22.751, "architecture_maturity": 49.1, "architecture_confidence": 73.776, "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": 41.97, "rotation_up": 35.14, "upward_expansion": 64.16, "deceleration": 84.91, "rotation_down": 27.56, "downward_expansion": 16.49 }, "activity_lines": [ 70.994664, 71.203999, 70.669142, 70.350666 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 69.949997, "trend_reference": 69.610666, "distance_from_trend": 0.004875, "trend_direction": "Improving", "fair_value": 58.304915, "distance_from_fair_value": 0.199727, "fair_value_direction": "Weakening", "relative_strength": -3.365849, "relative_strength_direction": "Weakening", "price_momentum": 0.042163, "excess_performance": -0.022477, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.004875, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.037773, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.199727, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.021448, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.033658, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.091238, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.042163, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.87866, "read": "Supply-led" } ], "volume": { "latest": 12065, "relative_activity": 0.893816, "balance": 0.87866, "dry_up": 1.135587, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.018189, "annualized_volatility": 0.109659, "from_high_reference": -0.048645, "from_low_reference": 0.157729 }, "levels": { "trend_reference": 69.610666, "fair_value_reference": 58.304915, "structural_low": 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70.779456, 70.278143, 69.780581 ] }, { "date": "2026-07-17", "close": 71.839996, "volume": 32198, "typical_volume": 14418.9, "trend": 68.879, "fair_value": 57.858761, "relative_strength": 5.689289, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.917474, "energy": 76.199574, "activity_lines": [ 71.691333, 71.075091, 70.443905, 69.990193 ] }, { "date": "2026-07-24", "close": 72.5, "volume": 7851, "typical_volume": 13910.95, "trend": 69.191333, "fair_value": 58.012415, "relative_strength": 5.221752, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.081174, "energy": 71.42236, "activity_lines": [ 71.992, 71.437637, 70.668286, 70.223806 ] }, { "date": "2026-07-31", "close": 70.629997, "volume": 9200, "typical_volume": 13747.9, "trend": 69.422333, "fair_value": 58.161806, "relative_strength": 0.275789, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.347375, "energy": 42.428426, "activity_lines": [ 71.553332, 71.388727, 70.702, 70.316623 ] }, { "date": "2026-08-07", "close": 69.949997, "volume": 12065, "typical_volume": 13498.3, "trend": 69.610666, "fair_value": 58.304915, "relative_strength": -3.365849, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.240388, "energy": 22.750916, "activity_lines": [ 70.994664, 71.203999, 70.669142, 70.350666 ] } ], "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." } } }