{
  "ticker": {
    "uuid": "37438237-954b-46f4-be56-63fd9247d86b",
    "symbol": "AM32",
    "name": "Amundi CrpBndNetZero 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": 88.058,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 29.898,
    "architecture_energy": 23.996,
    "architecture_maturity": 61.923,
    "architecture_confidence": 73.517,
    "architecture_tenure": "Developing",
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        "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."
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        "balance": 45.89,
        "rotation_up": 25.02,
        "upward_expansion": 56.16,
        "deceleration": 87.75,
        "rotation_down": 40.32,
        "downward_expansion": 22.16
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      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.0
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    "excess_performance": -0.174632,
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        "label": "Price vs current Fair Value",
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        "label": "Fair Value direction",
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        "read": "Closing upward"
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        "label": "Relative Strength vs benchmark",
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        "read": "Lagging"
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        "label": "Relative strength direction",
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        "value": -0.030153,
        "read": "Weakening"
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        "label": "Price momentum",
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        "read": "Negative"
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        "label": "Volume balance",
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        "sample_count": 10,
        "median_return": -6.5e-05,
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      },
      {
        "date": "2026-04-03",
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        "trend": 154.906,
        "fair_value": 150.046992,
        "relative_strength": -12.833158,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -63.226335,
        "energy": 76.047809,
        "activity_lines": [
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      },
      {
        "date": "2026-04-10",
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        "relative_strength": -16.83557,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
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        "energy": 70.268571,
        "activity_lines": [
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      },
      {
        "date": "2026-04-17",
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      },
      {
        "date": "2026-04-24",
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        "relative_strength": -14.593558,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
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      },
      {
        "date": "2026-05-01",
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        "relative_strength": -14.702016,
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        "modifier": "Balance after decline",
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        "activity_lines": [
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      },
      {
        "date": "2026-05-08",
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      },
      {
        "date": "2026-05-15",
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        "typical_volume": 0.0,
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        "stage": 3,
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        "modifier": "Balance after decline",
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        "direction": -28.683284,
        "energy": 16.034657,
        "activity_lines": [
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      },
      {
        "date": "2026-05-22",
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        "stage": 3,
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        "modifier": "Balance after decline",
        "gate": "down",
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        "energy": 10.552166,
        "activity_lines": [
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      },
      {
        "date": "2026-05-29",
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        "relative_strength": -17.090744,
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        "gate": "mixed",
        "direction": 24.397178,
        "energy": 18.890493,
        "activity_lines": [
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      },
      {
        "date": "2026-06-05",
        "close": 155.5,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 154.975333,
        "fair_value": 150.392272,
        "relative_strength": -16.134452,
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        "modifier": "Balance after decline",
        "gate": "mixed",
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        "energy": 18.02417,
        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
        "close": 155.880005,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 155.012,
        "fair_value": 150.433534,
        "relative_strength": -17.745418,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
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        "activity_lines": [
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      },
      {
        "date": "2026-06-19",
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        "modifier": "Balance after decline",
        "gate": "up",
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        "energy": 53.317302,
        "activity_lines": [
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      },
      {
        "date": "2026-06-26",
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        "relative_strength": -18.051896,
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        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.132119,
        "energy": 64.472483,
        "activity_lines": [
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      },
      {
        "date": "2026-07-03",
        "close": 156.720001,
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        "fair_value": 150.566323,
        "relative_strength": -19.494666,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
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        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
        "close": 156.100006,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 155.214001,
        "fair_value": 150.606715,
        "relative_strength": -18.275061,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.947801,
        "energy": 64.848402,
        "activity_lines": [
          156.354669,
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      },
      {
        "date": "2026-07-17",
        "close": 155.460007,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 155.250001,
        "fair_value": 150.641884,
        "relative_strength": -16.541088,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.740464,
        "energy": 48.066325,
        "activity_lines": [
          156.085337,
          156.01273,
          155.515811,
          155.371915
        ]
      },
      {
        "date": "2026-07-24",
        "close": 155.059998,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 155.268667,
        "fair_value": 150.673669,
        "relative_strength": -17.410434,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 28.769155,
        "energy": 16.978999,
        "activity_lines": [
          155.710669,
          155.876729,
          155.518001,
          155.359657
        ]
      },
      {
        "date": "2026-07-31",
        "close": 155.199997,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 155.286001,
        "fair_value": 150.706,
        "relative_strength": -16.786609,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 21.419421,
        "energy": 20.779748,
        "activity_lines": [
          155.436001,
          155.753456,
          155.532763,
          155.355227
        ]
      },
      {
        "date": "2026-08-07",
        "close": 155.899994,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 155.308667,
        "fair_value": 150.742837,
        "relative_strength": -18.359783,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 29.897597,
        "energy": 23.996326,
        "activity_lines": [
          155.499998,
          155.757454,
          155.61,
          155.394839
        ]
      }
    ],
    "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."
    }
  }
}