{ "ticker": { "uuid": "37afd2bb-21cc-464d-8e78-759ef2709450", "symbol": "VAL", "name": "Amundi MSCI EMU Value Factor ETF Distribution", "exchange": "PAR", "country": "FR", "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": "^FCHI", "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": 88.57, "architecture_energy": 89.566, "architecture_maturity": 40.226, "architecture_confidence": 82.764, "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": 0.87, "rotation_up": 80.24, "upward_expansion": 97.54, "deceleration": 40.78, "rotation_down": 15.81, "downward_expansion": 19.54 }, "activity_lines": [ 194.335998, 192.01818, 187.303332, 183.538838 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 197.699997, "trend_reference": 179.265998, "distance_from_trend": 0.10283, "trend_direction": "Improving", "fair_value": 150.845572, "distance_from_fair_value": 0.310612, "fair_value_direction": "Improving", "relative_strength": 8.029224, "relative_strength_direction": "Weakening", "price_momentum": 0.131266, "excess_performance": 0.077954, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.10283, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.048676, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.310612, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.096184, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.080292, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.001958, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.131266, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.384979, "read": "Demand-led" } ], "volume": { "latest": 8044, "relative_activity": 1.142695, "balance": 1.384979, "dry_up": 1.277399, "accumulation_observations": 5, "distribution_observations": 3 }, "risk": { "range_context": 0.018443, "annualized_volatility": 0.14451, "from_high_reference": -0.005633, "from_low_reference": 0.299336 }, "levels": { "trend_reference": 179.265998, "fair_value_reference": 150.845572, "structural_low": 159.679993, 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"close": 197.699997, "volume": 8044, "typical_volume": 7039.5, "trend": 179.265998, "fair_value": 150.845572, "relative_strength": 8.029224, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.569886, "energy": 89.566202, "activity_lines": [ 194.335998, 192.01818, 187.303332, 183.538838 ] } ], "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." } } }