{ "ticker": { "uuid": "2f329160-7c29-430f-9b2e-17da55be23e7", "symbol": "DK17", "name": "Deka Msci World Climate Change Esg UCITS ETF", "exchange": "VIE", "country": "AT", "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": "^ATX", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 74.088, "architecture_energy": 49.904, "architecture_maturity": 64.151, "architecture_confidence": 64.672, "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": 26.47, "rotation_up": 44.44, "upward_expansion": 74.76, "deceleration": 91.46, "rotation_down": 29.5, "downward_expansion": 12.76 }, "activity_lines": [ 43.301, 43.289727, 42.752548, 41.697183 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 44.115002, "trend_reference": 40.495167, "distance_from_trend": 0.089389, "trend_direction": "Improving", "fair_value": 34.552019, "distance_from_fair_value": 0.276771, "fair_value_direction": "Improving", "relative_strength": -8.85117, "relative_strength_direction": "Weakening", "price_momentum": 0.155902, "excess_performance": -0.018345, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.089389, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.037327, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.276771, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.020869, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.088512, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.028012, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.155902, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.988794, "read": "Supply-led" } ], "volume": { "latest": 2776, "relative_activity": 1.259214, "balance": 0.988794, "dry_up": 1.620285, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.024002, "annualized_volatility": 0.145321, "from_high_reference": 0.0, "from_low_reference": 0.232263 }, "levels": { "trend_reference": 40.495167, "fair_value_reference": 34.552019, "structural_low": 35.799999, "invalidation": "A 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"upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.416254, "energy": 87.379786, "activity_lines": [ 43.223001, 42.637819, 40.915382, 40.195119 ] }, { "date": "2026-06-26", "close": 42.509998, "volume": 0, "typical_volume": 3288.05, "trend": 39.643834, "fair_value": 33.889487, "relative_strength": -10.423225, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.535743, "energy": 64.425034, "activity_lines": [ 42.996334, 42.739909, 41.179429, 40.387377 ] }, { "date": "2026-07-03", "close": 43.720001, "volume": 0, "typical_volume": 3096.3, "trend": 39.789, "fair_value": 34.003654, "relative_strength": -9.816941, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.019864, "energy": 67.204012, "activity_lines": [ 43.204667, 43.013, 41.538024, 40.650355 ] }, { "date": "2026-07-10", "close": 44.0, "volume": 2776, "typical_volume": 2966.65, "trend": 39.9675, "fair_value": 34.118494, "relative_strength": -7.857905, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.827612, "energy": 68.510247, "activity_lines": [ 43.487, 43.267546, 41.895524, 40.922033 ] }, { "date": "2026-07-17", "close": 43.169998, "volume": 2776, "typical_volume": 3028.75, "trend": 40.105167, "fair_value": 34.226378, "relative_strength": -7.618275, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.031016, "energy": 61.287533, "activity_lines": [ 43.442999, 43.299727, 42.145929, 41.128645 ] }, { "date": "2026-07-24", "close": 42.939999, "volume": 6246, "typical_volume": 2708.25, "trend": 40.231167, "fair_value": 34.330385, "relative_strength": -9.134408, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.111131, "energy": 57.909152, "activity_lines": [ 43.288666, 43.261363, 42.350667, 41.311538 ] }, { "date": "2026-07-31", "close": 42.445, "volume": 2490, "typical_volume": 2641.0, "trend": 40.351333, "fair_value": 34.434583, "relative_strength": -9.891813, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.568993, "energy": 42.587509, "activity_lines": [ 43.014333, 43.118818, 42.483595, 41.454366 ] }, { "date": "2026-08-07", "close": 44.115002, "volume": 2776, "typical_volume": 2204.55, "trend": 40.495167, "fair_value": 34.552019, "relative_strength": -8.85117, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 74.087601, "energy": 49.903623, "activity_lines": [ 43.301, 43.289727, 42.752548, 41.697183 ] } ], "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." } } }