{ "ticker": { "uuid": "3570bb06-315d-4d4c-bedf-aa27e2f915ac", "symbol": "U127", "name": "Amundi Core MSCI Emerging Markets Swap UCITS ETF Dist", "exchange": "LSE", "country": "GB", "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": "^FTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 89.699, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 9.672, "architecture_energy": 17.461, "architecture_maturity": 64.906, "architecture_confidence": 81.309, "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": 59.82, "rotation_up": 16.63, "upward_expansion": 45.44, "deceleration": 87.91, "rotation_down": 41.69, "downward_expansion": 30.44 }, "activity_lines": [ 72.967331, 74.049362, 74.188547, 72.65444 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 74.125, "trend_reference": 70.674333, "distance_from_trend": 0.048825, "trend_direction": "Improving", "fair_value": 52.231509, "distance_from_fair_value": 0.419163, "fair_value_direction": "Weakening", "relative_strength": 4.226435, "relative_strength_direction": "Weakening", "price_momentum": 0.107666, "excess_performance": 0.056431, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.048825, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.071109, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.419163, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.118663, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.042264, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.151865, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.107666, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.984876, "read": "Demand-led" } ], "volume": { "latest": 91952, "relative_activity": 0.499673, "balance": 1.984876, "dry_up": 0.783316, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.046201, "annualized_volatility": 0.253496, "from_high_reference": -0.065847, "from_low_reference": 0.363644 }, "levels": { "trend_reference": 70.674333, "fair_value_reference": 52.231509, "structural_low": 60.91, "invalidation": "A 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"relative_strength": 2.092741, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.619287, "energy": 20.716674, "activity_lines": [ 72.784331, 74.225544, 74.015499, 72.409666 ] }, { "date": "2026-08-07", "close": 74.125, "volume": 91952, "typical_volume": 184024.45, "trend": 70.674333, "fair_value": 52.231509, "relative_strength": 4.226435, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.671772, "energy": 17.460571, "activity_lines": [ 72.967331, 74.049362, 74.188547, 72.65444 ] } ], "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." } } }