{ "ticker": { "uuid": "3bf0810b-7ed9-4471-8f8e-3c3356648d64", "symbol": "DB31", "name": "Xtrackers - MSCI World Swap 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": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 86.182, "architecture_energy": 69.598, "architecture_maturity": 77.282, "architecture_confidence": 67.266, "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": 11.51, "rotation_up": 58.86, "upward_expansion": 85.33, "deceleration": 68.23, "rotation_down": 28.04, "downward_expansion": 12.0 }, "activity_lines": [ 135.237333, 134.528364, 132.493525, 129.743657 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 137.940002, "trend_reference": 126.540668, "distance_from_trend": 0.090084, "trend_direction": "Improving", "fair_value": 107.298077, "distance_from_fair_value": 0.285578, "fair_value_direction": "Improving", "relative_strength": -8.001341, "relative_strength_direction": "Weakening", "price_momentum": 0.143023, "excess_performance": -0.031224, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.090084, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.04127, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.285578, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.042522, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.080013, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.013075, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.143023, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.307949, "read": "Demand-led" } ], "volume": { "latest": 452, "relative_activity": 1.378679, "balance": 1.307949, "dry_up": 1.161354, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.01751, "annualized_volatility": 0.113577, "from_high_reference": -0.001014, "from_low_reference": 0.239576 }, "levels": { "trend_reference": 126.540668, "fair_value_reference": 107.298077, 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"typical_volume": 402.3, "trend": 124.562001, "fair_value": 105.986474, "relative_strength": -8.464124, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.188093, "energy": 77.898097, "activity_lines": [ 133.961336, 133.054185, 129.680097, 127.279055 ] }, { "date": "2026-07-17", "close": 134.020004, "volume": 0, "typical_volume": 301.9, "trend": 125.068001, "fair_value": 106.310064, "relative_strength": -7.369915, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.68111, "energy": 65.042803, "activity_lines": [ 134.164003, 133.399639, 130.397431, 127.889249 ] }, { "date": "2026-07-24", "close": 134.339996, "volume": 466, "typical_volume": 300.1, "trend": 125.564001, "fair_value": 106.626859, "relative_strength": -8.19793, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.237105, "energy": 65.779975, "activity_lines": [ 134.320001, 133.695638, 131.086859, 128.487442 ] }, { "date": "2026-07-31", "close": 133.119995, "volume": 605, "typical_volume": 305.25, "trend": 126.024668, "fair_value": 106.945064, "relative_strength": -8.757053, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.889014, "energy": 61.406296, "activity_lines": [ 134.033332, 133.686546, 131.592001, 128.974926 ] }, { "date": "2026-08-07", "close": 137.940002, "volume": 452, "typical_volume": 327.85, "trend": 126.540668, "fair_value": 107.298077, "relative_strength": -8.001341, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.181705, "energy": 69.597766, "activity_lines": [ 135.237333, 134.528364, 132.493525, 129.743657 ] } ], "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." } } }