{ "ticker": { "uuid": "1e257efa-affe-4e7c-bde2-7f1c8176f759", "symbol": "EWRD", "name": "BNP Paribas Easy MSCI World SRI PAB UCITS ETF Capitalisation", "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": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 88.973, "architecture_energy": 68.09, "architecture_maturity": 62.755, "architecture_confidence": 76.088, "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": 18.86, "rotation_up": 55.56, "upward_expansion": 82.5, "deceleration": 68.72, "rotation_down": 28.01, "downward_expansion": 11.5 }, "activity_lines": [ 22.235553, 22.136818, 21.856626, 21.481315 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 22.8689, "trend_reference": 21.09803, "distance_from_trend": 0.083935, "trend_direction": "Improving", "fair_value": 18.502744, "distance_from_fair_value": 0.235973, "fair_value_direction": "Improving", "relative_strength": 3.558042, "relative_strength_direction": "Weakening", "price_momentum": 0.111425, "excess_performance": 0.058113, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.083935, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.032137, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.235973, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.04565, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.03558, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.019737, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.111425, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.437185, "read": "Demand-led" } ], "volume": { "latest": 15027, "relative_activity": 1.085256, "balance": 2.437185, "dry_up": 0.813509, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.015641, "annualized_volatility": 0.138797, "from_high_reference": 0.0, "from_low_reference": 0.203626 }, "levels": { "trend_reference": 21.09803, "fair_value_reference": 18.502744, "structural_low": 19.0, "invalidation": "A 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22.2584, "volume": 11589, "typical_volume": 13777.65, "trend": 20.876413, "fair_value": 18.342447, "relative_strength": 5.59747, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.914567, "energy": 84.681224, "activity_lines": [ 22.09898, 21.950176, 21.467493, 21.175395 ] }, { "date": "2026-07-17", "close": 22.027901, "volume": 12520, "typical_volume": 14325.85, "trend": 20.935037, "fair_value": 18.380526, "relative_strength": 4.396414, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.545418, "energy": 81.243492, "activity_lines": [ 22.094427, 21.992193, 21.564867, 21.249684 ] }, { "date": "2026-07-24", "close": 21.7642, "volume": 10322, "typical_volume": 13464.9, "trend": 20.975153, "fair_value": 18.416767, "relative_strength": 2.679188, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.860882, "energy": 60.330659, "activity_lines": [ 21.99926, 21.9747, 21.631634, 21.303179 ] }, { "date": "2026-07-31", "close": 21.8955, "volume": 7188, "typical_volume": 13419.15, "trend": 21.02813, "fair_value": 18.455987, "relative_strength": 1.604377, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.165119, "energy": 49.778053, "activity_lines": [ 21.95648, 21.970884, 21.703193, 21.362556 ] }, { "date": "2026-08-07", "close": 22.8689, "volume": 15027, "typical_volume": 13846.5, "trend": 21.09803, "fair_value": 18.502744, "relative_strength": 3.558042, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.973299, "energy": 68.090097, "activity_lines": [ 22.235553, 22.136818, 21.856626, 21.481315 ] } ], "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." } } }