{
  "ticker": {
    "uuid": "1e91e4bb-132e-48cd-b563-7a9367467887",
    "symbol": "EESG",
    "name": "Amundi MSCI EMU SRI Climate Paris Aligned - UCITS ETF DR (C)",
    "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": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 74.012,
    "architecture_energy": 50.281,
    "architecture_maturity": 54.843,
    "architecture_confidence": 53.712,
    "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": 24.79,
        "rotation_up": 42.76,
        "upward_expansion": 72.17,
        "deceleration": 73.93,
        "rotation_down": 29.18,
        "downward_expansion": 12.5
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      "activity_lines": [
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        108.441142,
        106.387332
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
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    "latest_close": 111.839996,
    "trend_reference": 103.995333,
    "distance_from_trend": 0.075433,
    "trend_direction": "Improving",
    "fair_value": 90.335192,
    "distance_from_fair_value": 0.238056,
    "fair_value_direction": "Improving",
    "relative_strength": 4.2575,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.113722,
    "excess_performance": 0.060411,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.075433,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.043449,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.238056,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.046528,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.042575,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.02333,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.113722,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.671771,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 1316,
      "relative_activity": 0.348185,
      "balance": 0.671771,
      "dry_up": 1.133982,
      "accumulation_observations": 2,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.021377,
      "annualized_volatility": 0.15462,
      "from_high_reference": -0.005159,
      "from_low_reference": 0.249888
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    "levels": {
      "trend_reference": 103.995333,
      "fair_value_reference": 90.335192,
      "structural_low": 91.610001,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 12,
        "median_return": 0.018163,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
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        "worst_return": -0.039392,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
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        "regime_survival": 0.0,
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        "worst_return": 0.021166,
        "sufficient": true
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      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.051381,
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        "worst_return": 0.020707,
        "sufficient": false
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        "horizon": "Full cycle",
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        "sufficient": false
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        "regime": "deceleration",
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        "end": "2025-03-28",
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        "regime": "rotation_down",
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        "regime": "deceleration",
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      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "active": false
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        "regime": "deceleration",
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        "tenure": "Developing",
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        "active": false
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        "regime": "balance",
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        "end": "2025-10-10",
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        "active": false
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          109.503999,
          108.143272,
          105.184428,
          103.561376
        ]
      },
      {
        "date": "2026-07-03",
        "close": 111.379997,
        "volume": 287,
        "typical_volume": 2784.05,
        "trend": 102.014333,
        "fair_value": 89.28609,
        "relative_strength": 7.228995,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.06883,
        "energy": 88.014513,
        "activity_lines": [
          110.279999,
          108.982908,
          105.971142,
          104.197806
        ]
      },
      {
        "date": "2026-07-10",
        "close": 109.879997,
        "volume": 10242,
        "typical_volume": 3235.5,
        "trend": 102.476999,
        "fair_value": 89.498269,
        "relative_strength": 7.729249,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.485137,
        "energy": 80.327772,
        "activity_lines": [
          110.310665,
          109.39018,
          106.562047,
          104.705268
        ]
      },
      {
        "date": "2026-07-17",
        "close": 108.599998,
        "volume": 5295,
        "typical_volume": 3406.15,
        "trend": 102.854999,
        "fair_value": 89.702948,
        "relative_strength": 6.308661,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.527771,
        "energy": 58.052363,
        "activity_lines": [
          109.783998,
          109.441817,
          106.995999,
          105.1003
        ]
      },
      {
        "date": "2026-07-24",
        "close": 109.080002,
        "volume": 6663,
        "typical_volume": 3669.85,
        "trend": 103.242999,
        "fair_value": 89.897307,
        "relative_strength": 6.16416,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.632888,
        "energy": 49.250119,
        "activity_lines": [
          109.462666,
          109.503999,
          107.451761,
          105.501913
        ]
      },
      {
        "date": "2026-07-31",
        "close": 108.720001,
        "volume": 3870,
        "typical_volume": 3788.6,
        "trend": 103.592999,
        "fair_value": 90.103205,
        "relative_strength": 3.961771,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.06582,
        "energy": 38.273084,
        "activity_lines": [
          109.124,
          109.41309,
          107.824142,
          105.855268
        ]
      },
      {
        "date": "2026-08-07",
        "close": 111.839996,
        "volume": 1316,
        "typical_volume": 3779.6,
        "trend": 103.995333,
        "fair_value": 90.335192,
        "relative_strength": 4.2575,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 74.011999,
        "energy": 50.281112,
        "activity_lines": [
          109.893332,
          109.876362,
          108.441142,
          106.387332
        ]
      }
    ],
    "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."
    }
  }
}