{ "ticker": { "uuid": "4a03fefb-008d-495e-a25d-6a94c4f33542", "symbol": "EQQD", "name": "Invesco NASDAQ-100 Swap UCITS ETF Inc", "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": 46.629, "architecture_energy": 31.033, "architecture_maturity": 69.007, "architecture_confidence": 87.198, "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": 31.42, "rotation_up": 28.59, "upward_expansion": 60.18, "deceleration": 88.33, "rotation_down": 31.02, "downward_expansion": 21.52 }, "activity_lines": [ 75.783335, 76.54527, 75.917085, 73.51572 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 77.580002, "trend_reference": 70.521927, "distance_from_trend": 0.100083, "trend_direction": "Improving", "fair_value": 57.661146, "distance_from_fair_value": 0.345447, "fair_value_direction": "Weakening", "relative_strength": 5.772152, "relative_strength_direction": "Weakening", "price_momentum": 0.220473, "excess_performance": 0.155834, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.100083, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.060209, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.345447, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.009578, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.057722, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.108237, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.220473, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.699299, "read": "Supply-led" } ], "volume": { "latest": 4343, "relative_activity": 0.604584, "balance": 0.699299, "dry_up": 1.54059, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.032686, "annualized_volatility": 0.189779, "from_high_reference": -0.028915, "from_low_reference": 0.309398 }, "levels": { "trend_reference": 70.521927, "fair_value_reference": 57.661146, "structural_low": 60.730081, "invalidation": "A 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"typical_volume": 7382.25, "trend": 70.150786, "fair_value": 57.450013, "relative_strength": 3.319091, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.74552, "energy": 27.909088, "activity_lines": [ 75.303334, 76.462688, 75.470111, 73.036416 ] }, { "date": "2026-08-07", "close": 77.580002, "volume": 4343, "typical_volume": 7183.45, "trend": 70.521927, "fair_value": 57.661146, "relative_strength": 5.772152, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.62891, "energy": 31.033248, "activity_lines": [ 75.783335, 76.54527, 75.917085, 73.51572 ] } ], "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." } } }