{ "ticker": { "uuid": "5360a3fb-357b-41e7-b8bc-8a45ae20f230", "symbol": "XNZW", "name": "Xtrackers World Net Zero Pathway Paris Aligned UCITS ETF 1C", "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": 85.508, "architecture_energy": 68.806, "architecture_maturity": 77.42, "architecture_confidence": 74.838, "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": 12.94, "rotation_up": 54.81, "upward_expansion": 83.0, "deceleration": 70.71, "rotation_down": 28.82, "downward_expansion": 12.0 }, "activity_lines": [ 58.482666, 58.222182, 57.325309, 56.095107 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 59.720001, "trend_reference": 54.7105, "distance_from_trend": 0.091564, "trend_direction": "Improving", "fair_value": 47.358141, "distance_from_fair_value": 0.261029, "fair_value_direction": "Improving", "relative_strength": 3.886314, "relative_strength_direction": "Weakening", "price_momentum": 0.139695, "excess_performance": 0.075055, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.091564, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.037661, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.261029, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.044999, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.038863, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.04603, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.139695, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 7.097514, "read": "Demand-led" } ], "volume": { "latest": 1233, "relative_activity": 1.837693, "balance": 7.097514, "dry_up": 0.811536, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.017273, "annualized_volatility": 0.123401, "from_high_reference": -0.001672, "from_low_reference": 0.227165 }, "levels": { "trend_reference": 54.7105, "fair_value_reference": 47.358141, "structural_low": 49.005001, "invalidation": 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"energy": 76.063481, "activity_lines": [ 57.732, 57.322545, 55.679619, 54.72757 ] }, { "date": "2026-07-10", "close": 58.610001, "volume": 296, "typical_volume": 907.45, "trend": 53.943833, "fair_value": 46.838429, "relative_strength": 8.118721, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.014293, "energy": 84.516638, "activity_lines": [ 58.089333, 57.655636, 56.086262, 55.043473 ] }, { "date": "2026-07-17", "close": 57.98, "volume": 156, "typical_volume": 900.65, "trend": 54.127833, "fair_value": 46.965545, "relative_strength": 7.631305, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.835047, "energy": 79.05466, "activity_lines": [ 58.138, 57.791273, 56.405286, 55.303871 ] }, { "date": "2026-07-24", "close": 57.889999, "volume": 479, "typical_volume": 825.5, "trend": 54.3175, "fair_value": 47.088462, "relative_strength": 6.026117, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.354355, "energy": 68.375263, "activity_lines": [ 58.085333, 57.866363, 56.690214, 55.546591 ] }, { "date": "2026-07-31", "close": 57.599998, "volume": 310, "typical_volume": 653.7, "trend": 54.5005, "fair_value": 47.215353, "relative_strength": 3.128392, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.095298, "energy": 59.732508, "activity_lines": [ 57.939332, 57.857272, 56.921333, 55.758365 ] }, { "date": "2026-08-07", "close": 59.720001, "volume": 1233, "typical_volume": 670.95, "trend": 54.7105, "fair_value": 47.358141, "relative_strength": 3.886314, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.508357, "energy": 68.805712, "activity_lines": [ 58.482666, 58.222182, 57.325309, 56.095107 ] } ], "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." } } }