{ "ticker": { "uuid": "219b5950-cb48-494d-ae27-17d44d10dce3", "symbol": "JPVA", "name": "JPMorgan ETFs (Ireland) ICAV - US Value Active UCITS ETF USD Accumulation", "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": "2026-08-21", "benchmark": "^GDAXI", "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": 68.193, "architecture_energy": 67.94, "architecture_maturity": 78.847, "architecture_confidence": 89.373, "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": 5.15, "rotation_up": 63.54, "upward_expansion": 87.67, "deceleration": 65.76, "rotation_down": 25.41, "downward_expansion": 12.0 }, "activity_lines": [ 33.469334, 33.231727, 32.516524, 31.807473 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 33.25, "trend_reference": 30.9875, "distance_from_trend": 0.073013, "trend_direction": "Improving", "fair_value": 27.831445, "distance_from_fair_value": 0.194692, "fair_value_direction": "Improving", "relative_strength": 4.572957, "relative_strength_direction": "Weakening", "price_momentum": 0.106489, "excess_performance": 0.071816, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.073013, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.047129, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.194692, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.065556, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.04573, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.01736, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.106489, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1097.840336, "read": "Demand-led" } ], "volume": { "latest": 357, "relative_activity": 0.017956, "balance": 1097.840336, "dry_up": 4.704045, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.013823, "annualized_volatility": 0.079109, "from_high_reference": -0.022346, "from_low_reference": 0.248123 }, "levels": { "trend_reference": 30.9875, "fair_value_reference": 27.831445, "structural_low": 28.43, "invalidation": 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"relative_strength": 9.872195, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.955608, "energy": 93.598047, "activity_lines": [ 32.632001, 32.10791, 31.208786, 30.73686 ] }, { "date": "2026-07-17", "close": 32.869999, "volume": 295, "typical_volume": 1388.55, "trend": 30.305667, "fair_value": 27.606423, "relative_strength": 10.580769, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.411634, "energy": 91.618025, "activity_lines": [ 32.768667, 32.334182, 31.431262, 30.91157 ] }, { "date": "2026-07-24", "close": 32.939999, "volume": 1135, "typical_volume": 1405.25, "trend": 30.4515, "fair_value": 27.649436, "relative_strength": 9.233793, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.393275, "energy": 90.558741, "activity_lines": [ 32.854666, 32.525364, 31.645476, 31.081527 ] }, { "date": "2026-07-31", "close": 33.0, "volume": 371311, "typical_volume": 19957.15, "trend": 30.5975, "fair_value": 27.69224, "relative_strength": 6.849824, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.278618, "energy": 70.33915, "activity_lines": [ 32.921666, 32.681545, 31.850429, 31.245946 ] }, { "date": "2026-08-07", "close": 33.73, "volume": 2355, "typical_volume": 20059.8, "trend": 30.730833, "fair_value": 27.740159, "relative_strength": 5.984651, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.944193, "energy": 76.374046, "activity_lines": [ 33.203333, 32.930636, 32.106405, 31.448043 ] }, { "date": "2026-08-14", "close": 33.915001, "volume": 69, "typical_volume": 19874.4, "trend": 30.863, "fair_value": 27.78878, "relative_strength": 5.730526, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.811896, "energy": 75.891638, "activity_lines": [ 33.483, 33.163636, 32.355786, 31.653473 ] }, { "date": "2026-08-21", "close": 33.25, "volume": 357, "typical_volume": 19881.4, "trend": 30.9875, "fair_value": 27.831445, "relative_strength": 4.572957, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.192926, "energy": 67.939539, "activity_lines": [ 33.469334, 33.231727, 32.516524, 31.807473 ] } ], "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." } } }