{ "ticker": { "uuid": "3c710071-42f4-4594-9f05-15f60180a9d2", "symbol": "SLMC", "name": "iShares MSCI Europe Screened UCITS ETF EUR (Acc)", "exchange": "GER", "country": "DE", "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": "^GDAXI", "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": 81.947, "architecture_energy": 70.969, "architecture_maturity": 40.25, "architecture_confidence": 89.5, "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": 8.57, "rotation_up": 61.85, "upward_expansion": 86.76, "deceleration": 52.56, "rotation_down": 23.69, "downward_expansion": 13.43 }, "activity_lines": [ 11.083333, 11.016764, 10.81821, 10.645247 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 11.27, "trend_reference": 10.470667, "distance_from_trend": 0.07634, "trend_direction": "Improving", "fair_value": 8.873195, "distance_from_fair_value": 0.270117, "fair_value_direction": "Improving", "relative_strength": 3.444094, "relative_strength_direction": "Weakening", "price_momentum": 0.093538, "excess_performance": 0.028898, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.07634, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.039816, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.270117, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.064011, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.034441, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.02526, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.093538, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.577058, "read": "Demand-led" } ], "volume": { "latest": 1079770, "relative_activity": 0.732799, "balance": 1.577058, "dry_up": 1.082413, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.019767, "annualized_volatility": 0.158703, "from_high_reference": -0.004944, "from_low_reference": 0.240643 }, "levels": { "trend_reference": 10.470667, "fair_value_reference": 8.873195, "structural_low": 9.3, "invalidation": 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10.399233, "fair_value": 8.822855, "relative_strength": 6.184531, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.75496, "energy": 69.982383, "activity_lines": [ 10.964, 10.905891, 10.69099, 10.549129 ] }, { "date": "2026-07-31", "close": 11.054, "volume": 2158301, "typical_volume": 1527799.4, "trend": 10.434933, "fair_value": 8.847355, "relative_strength": 4.436779, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.792249, "energy": 56.506385, "activity_lines": [ 10.994267, 10.945673, 10.746952, 10.591372 ] }, { "date": "2026-08-07", "close": 11.27, "volume": 1079770, "typical_volume": 1473487.1, "trend": 10.470667, "fair_value": 8.873195, "relative_strength": 3.444094, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.946711, "energy": 70.969312, "activity_lines": [ 11.083333, 11.016764, 10.81821, 10.645247 ] } ], "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." } } }