{ "ticker": { "uuid": "45ffe65c-a7cb-4448-8991-5089885c92da", "symbol": "D6RP", "name": "Deka MSCI World Climate Change ESG CTB UCITS ETF", "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": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 66.265, "architecture_energy": 48.694, "architecture_maturity": 64.411, "architecture_confidence": 77.885, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 21.78, "rotation_up": 44.58, "upward_expansion": 69.53, "deceleration": 85.46, "rotation_down": 27.69, "downward_expansion": 19.53 }, "activity_lines": [ 43.359001, 43.377848, 42.78666, 41.695635 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 44.200001, "trend_reference": 40.452646, "distance_from_trend": 0.092636, "trend_direction": "Improving", "fair_value": 34.184959, "distance_from_fair_value": 0.292966, "fair_value_direction": "Improving", "relative_strength": 3.859596, "relative_strength_direction": "Weakening", "price_momentum": 0.16197, "excess_performance": 0.09733, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.092636, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.039903, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.292966, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.023177, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.038596, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.063514, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.16197, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.433942, "read": "Demand-led" } ], "volume": { "latest": 383746, "relative_activity": 2.196017, "balance": 1.433942, "dry_up": 1.485654, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.022997, "annualized_volatility": 0.139197, "from_high_reference": 0.0, "from_low_reference": 0.245319 }, "levels": { "trend_reference": 40.452646, "fair_value_reference": 34.184959, "structural_low": 35.68288, "invalidation": "A sustained 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"fair_value": 33.845647, "relative_strength": 8.403922, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.813697, "energy": 63.046075, "activity_lines": [ 43.551333, 43.379343, 42.153949, 41.104138 ] }, { "date": "2026-07-24", "close": 42.990002, "volume": 248790, "typical_volume": 163225.25, "trend": 40.172893, "fair_value": 33.954319, "relative_strength": 6.39384, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.587788, "energy": 60.523401, "activity_lines": [ 43.367001, 43.344799, 42.367332, 41.294522 ] }, { "date": "2026-07-31", "close": 42.490002, "volume": 153895, "typical_volume": 163124.05, "trend": 40.299864, "fair_value": 34.063002, "relative_strength": 2.77776, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.968338, "energy": 44.246114, "activity_lines": [ 43.061001, 43.202439, 42.507504, 41.444013 ] }, { "date": "2026-08-07", "close": 44.200001, "volume": 383746, "typical_volume": 174746.4, "trend": 40.452646, "fair_value": 34.184959, "relative_strength": 3.859596, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.264707, "energy": 48.693869, "activity_lines": [ 43.359001, 43.377848, 42.78666, 41.695635 ] } ], "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." } } }