{ "ticker": { "uuid": "327b080a-4637-45ef-9669-0f8042fea156", "symbol": "JREU", "name": "JPMorgan ETFs (Ireland) ICAV - US Research Enhanced Index Equity Active UCITS ETF - USD (acc)", "exchange": "EBS", "country": "CH", "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": "^SSMI", "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": 91.519, "architecture_energy": 74.838, "architecture_maturity": 59.363, "architecture_confidence": 81.248, "architecture_tenure": "Developing", "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": 9.28, "rotation_up": 65.25, "upward_expansion": 85.33, "deceleration": 67.3, "rotation_down": 25.62, "downward_expansion": 12.0 }, "activity_lines": [ 61.146667, 60.592909, 59.479952, 58.070666 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 62.650002, "trend_reference": 56.453666, "distance_from_trend": 0.10976, "trend_direction": "Improving", "fair_value": 53.102967, "distance_from_fair_value": 0.179783, "fair_value_direction": "Improving", "relative_strength": 2.673916, "relative_strength_direction": "Weakening", "price_momentum": 0.173881, "excess_performance": 0.090997, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.10976, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.037167, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.179783, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.076613, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.026739, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.028053, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.173881, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.392229, "read": "Demand-led" } ], "volume": { "latest": 3318, "relative_activity": 0.538816, "balance": 2.392229, "dry_up": 1.322315, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.016146, "annualized_volatility": 0.118253, "from_high_reference": -0.000479, "from_low_reference": 0.231329 }, "levels": { "trend_reference": 56.453666, "fair_value_reference": 53.102967, "structural_low": 51.07, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 2, "median_return": 0.012392, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.018315, "regime_survival": 1.0, "best_return": 0.030914, "worst_return": -0.00613, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, 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55.610999, "fair_value": 52.744368, "relative_strength": 1.710943, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.030283, "energy": 76.250066, "activity_lines": [ 60.007333, 59.555636, 57.957618, 56.782494 ] }, { "date": "2026-07-17", "close": 59.990002, "volume": 13706, "typical_volume": 7919.85, "trend": 55.804666, "fair_value": 52.826704, "relative_strength": -0.369163, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.043175, "energy": 65.83931, "activity_lines": [ 60.08, 59.714545, 58.303428, 57.06501 ] }, { "date": "2026-07-24", "close": 60.689999, "volume": 9299, "typical_volume": 7695.6, "trend": 56.017666, "fair_value": 52.915056, "relative_strength": 0.905039, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.177257, "energy": 76.666897, "activity_lines": [ 60.304, 59.952727, 58.681809, 57.380193 ] }, { "date": "2026-07-31", "close": 60.279999, "volume": 6248, "typical_volume": 6851.0, "trend": 56.21, "fair_value": 52.996889, "relative_strength": 0.161492, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.745306, "energy": 65.283466, "activity_lines": [ 60.369333, 60.07309, 58.986523, 57.655182 ] }, { "date": "2026-08-07", "close": 62.650002, "volume": 3318, "typical_volume": 6157.95, "trend": 56.453666, "fair_value": 53.102967, "relative_strength": 2.673916, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.519358, "energy": 74.837705, "activity_lines": [ 61.146667, 60.592909, 59.479952, 58.070666 ] } ], "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." } } }