{ "ticker": { "uuid": "1ee7d5aa-c882-44db-a07c-6676c60e2b2b", "symbol": "EESM", "name": "BNP Paribas Easy MSCI Europe Small Caps 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": 95.296, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 86.233, "architecture_energy": 86.561, "architecture_maturity": 34.08, "architecture_confidence": 73.775, "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": 4.2, "rotation_up": 79.19, "upward_expansion": 94.88, "deceleration": 42.1, "rotation_down": 11.81, "downward_expansion": 19.22 }, "activity_lines": [ 338.76767, 334.85442, 330.498702, 325.820458 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 345.977997, "trend_reference": 321.539368, "distance_from_trend": 0.076005, "trend_direction": "Improving", "fair_value": 288.890681, "distance_from_fair_value": 0.197609, "fair_value_direction": "Improving", "relative_strength": 3.40377, "relative_strength_direction": "Weakening", "price_momentum": 0.08106, "excess_performance": 0.027748, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.076005, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.032249, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.197609, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.057174, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.034038, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.004961, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.08106, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.796752, "read": "Supply-led" } ], "volume": { "latest": 3707, "relative_activity": 0.922667, "balance": 0.796752, "dry_up": 1.345359, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.020824, "annualized_volatility": 0.158923, "from_high_reference": -0.000806, "from_low_reference": 0.221079 }, "levels": { "trend_reference": 321.539368, "fair_value_reference": 288.890681, "structural_low": 283.338013, 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64.798307, "energy": 68.20969, "activity_lines": [ 332.597469, 330.632456, 326.605283, 323.006987 ] }, { "date": "2026-07-31", "close": 337.81601, "volume": 5724, "typical_volume": 3947.15, "trend": 320.573234, "fair_value": 288.306412, "relative_strength": 3.436104, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.981619, "energy": 68.78532, "activity_lines": [ 334.731738, 332.06564, 328.248198, 324.181441 ] }, { "date": "2026-08-07", "close": 345.977997, "volume": 3707, "typical_volume": 4017.7, "trend": 321.539368, "fair_value": 288.890681, "relative_strength": 3.40377, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.233313, "energy": 86.560501, "activity_lines": [ 338.76767, 334.85442, 330.498702, 325.820458 ] } ], "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." } } }