{ "ticker": { "uuid": "43384272-26f4-46d3-9641-22e40a3f8b93", "symbol": "EEE", "name": "BNP Paribas Easy FTSE EPRA/NAREIT Eurozone Capped UCITS ETF QD Dis", "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": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 80.772, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "up", "architecture_direction": 54.863, "architecture_energy": 39.316, "architecture_maturity": 35.226, "architecture_confidence": 74.648, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 43.24, "rotation_up": 55.56, "upward_expansion": 79.29, "deceleration": 51.94, "rotation_down": 15.59, "downward_expansion": 5.95 }, "activity_lines": [ 6.833067, 6.805891, 6.759607, 6.745916 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 6.849, "trend_reference": 6.745655, "distance_from_trend": 0.01532, "trend_direction": "Improving", "fair_value": 6.267511, "distance_from_fair_value": 0.092778, "fair_value_direction": "Improving", "relative_strength": -4.879181, "relative_strength_direction": "Weakening", "price_momentum": 0.008296, "excess_performance": -0.045015, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.01532, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.008148, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.092778, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.006147, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.048792, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.025697, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.008296, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.578247, "read": "Supply-led" } ], "volume": { "latest": 81118, "relative_activity": 1.46388, "balance": 0.578247, "dry_up": 0.983068, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.024578, "annualized_volatility": 0.223778, "from_high_reference": -0.077663, "from_low_reference": 0.124922 }, "levels": { "trend_reference": 6.745655, "fair_value_reference": 6.267511, "structural_low": 6.088424, "invalidation": "A decisive 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"gate": "mixed", "direction": 14.284629, "energy": 29.902732, "activity_lines": [ 6.795933, 6.762058, 6.724486, 6.72897 ] }, { "date": "2026-07-31", "close": 6.888, "volume": 51390, "typical_volume": 53534.75, "trend": 6.742929, "fair_value": 6.257269, "relative_strength": -2.299292, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.576301, "energy": 30.068391, "activity_lines": [ 6.822333, 6.789182, 6.744739, 6.739073 ] }, { "date": "2026-08-07", "close": 6.849, "volume": 81118, "typical_volume": 55413.0, "trend": 6.745655, "fair_value": 6.267511, "relative_strength": -4.879181, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 54.863494, "energy": 39.31582, "activity_lines": [ 6.833067, 6.805891, 6.759607, 6.745916 ] } ], "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." } } }