{ "ticker": { "uuid": "460563a8-d78c-4c1f-b6e6-0607a4771bc0", "symbol": "ANX", "name": "Amundi Index Solutions - Amundi Nasdaq-100 Swap ETF EUR Acc", "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": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 47.818, "architecture_energy": 30.998, "architecture_maturity": 69.064, "architecture_confidence": 87.403, "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": 27.88, "rotation_up": 31.55, "upward_expansion": 62.34, "deceleration": 85.49, "rotation_down": 30.88, "downward_expansion": 21.34 }, "activity_lines": [ 287.853339, 290.726367, 288.328096, 279.171291 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 294.75, "trend_reference": 267.76, "distance_from_trend": 0.100799, "trend_direction": "Improving", "fair_value": 217.980427, "distance_from_fair_value": 0.352186, "fair_value_direction": "Weakening", "relative_strength": 7.251673, "relative_strength_direction": "Weakening", "price_momentum": 0.221003, "excess_performance": 0.167691, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.100799, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.0601, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.352186, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.017092, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.072517, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.094431, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.221003, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.762903, "read": "Supply-led" } ], "volume": { "latest": 8018, "relative_activity": 0.766199, "balance": 0.762903, "dry_up": 1.220968, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.033718, "annualized_volatility": 0.187082, "from_high_reference": -0.02851, "from_low_reference": 0.31 }, "levels": { "trend_reference": 267.76, "fair_value_reference": 217.980427, "structural_low": 230.449997, "invalidation": "A sustained 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"deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.377315, "energy": 40.790531, "activity_lines": [ 290.17334, 293.039093, 286.189048, 276.411505 ] }, { "date": "2026-07-31", "close": 279.600006, "volume": 27768, "typical_volume": 10360.2, "trend": 266.353333, "fair_value": 217.082029, "relative_strength": 4.453169, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.989232, "energy": 27.914611, "activity_lines": [ 285.996673, 290.390003, 286.620715, 277.339248 ] }, { "date": "2026-08-07", "close": 294.75, "volume": 8018, "typical_volume": 10464.65, "trend": 267.76, "fair_value": 217.980427, "relative_strength": 7.251673, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.817608, "energy": 30.997565, "activity_lines": [ 287.853339, 290.726367, 288.328096, 279.171291 ] } ], "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." } } }