{ "ticker": { "uuid": "18042a5b-943a-433f-bc42-fcaebbf66238", "symbol": "NRJ", "name": "Amundi MSCI New Energy UCITS ETF Dist", "exchange": "PAR", "country": "FR", "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": "^FCHI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 74.423, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 1.259, "architecture_energy": 24.101, "architecture_maturity": 51.065, "architecture_confidence": 80.321, "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": 52.44, "rotation_up": 17.08, "upward_expansion": 45.3, "deceleration": 84.01, "rotation_down": 46.86, "downward_expansion": 36.97 }, "activity_lines": [ 42.366334, 43.483636, 44.127662, 43.283294 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 42.720001, "trend_reference": 41.7801, "distance_from_trend": 0.022496, "trend_direction": "Improving", "fair_value": 30.026513, "distance_from_fair_value": 0.422743, "fair_value_direction": "Weakening", "relative_strength": 6.641583, "relative_strength_direction": "Weakening", "price_momentum": 0.157222, "excess_performance": 0.10391, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.022496, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.095224, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.422743, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.113481, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.066416, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.273124, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.157222, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.736054, "read": "Supply-led" } ], "volume": { "latest": 31772, "relative_activity": 0.678787, "balance": 0.736054, "dry_up": 1.044688, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.050333, "annualized_volatility": 0.239892, "from_high_reference": -0.104121, "from_low_reference": 0.532077 }, "levels": { "trend_reference": 41.7801, "fair_value_reference": 30.026513, "structural_low": 36.571999, "invalidation": "A 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] }, { "date": "2026-07-17", "close": 42.125, "volume": 37124, "typical_volume": 48157.65, "trend": 40.949, "fair_value": 29.834989, "relative_strength": 11.730091, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 23.202444, "energy": 19.070754, "activity_lines": [ 44.285666, 44.984799, 44.433409, 43.084077 ] }, { "date": "2026-07-24", "close": 42.73, "volume": 47916, "typical_volume": 45169.0, "trend": 41.2633, "fair_value": 29.893951, "relative_strength": 12.166254, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.372487, "energy": 22.249762, "activity_lines": [ 43.487666, 44.515781, 44.393771, 43.19898 ] }, { "date": "2026-07-31", "close": 41.360001, "volume": 78783, "typical_volume": 47350.65, "trend": 41.509833, "fair_value": 29.952894, "relative_strength": 6.293192, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.361995, "energy": 27.38993, "activity_lines": [ 42.559, 43.834709, 44.201861, 43.205219 ] }, { "date": "2026-08-07", "close": 42.720001, "volume": 31772, "typical_volume": 46807.05, "trend": 41.7801, "fair_value": 30.026513, "relative_strength": 6.641583, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.258602, "energy": 24.101426, "activity_lines": [ 42.366334, 43.483636, 44.127662, 43.283294 ] } ], "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." } } }