{ "ticker": { "uuid": "547c4d7b-9dc9-4354-be16-83326211c67c", "symbol": "DB54", "name": "Xtrackers - DAX Income UCITS ETF", "exchange": "VIE", "country": "AT", "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": "^ATX", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 87.406, "architecture_energy": 83.441, "architecture_maturity": 26.653, "architecture_confidence": 73.685, "architecture_tenure": "Developing", "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": 8.4, "rotation_up": 69.96, "upward_expansion": 91.79, "deceleration": 45.58, "rotation_down": 17.09, "downward_expansion": 18.46 }, "activity_lines": [ 162.629334, 161.013455, 158.567715, 156.283183 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 167.119995, "trend_reference": 154.288667, "distance_from_trend": 0.083164, "trend_direction": "Improving", "fair_value": 133.231935, "distance_from_fair_value": 0.254354, "fair_value_direction": "Improving", "relative_strength": -10.323064, "relative_strength_direction": "Improving", "price_momentum": 0.084491, "excess_performance": -0.089756, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.083164, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.024017, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.254354, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.074542, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.103231, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.036668, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.084491, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.470655, "read": "Demand-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 1.470655, "dry_up": 1.156473, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.020796, "annualized_volatility": 0.183905, "from_high_reference": 0.0, "from_low_reference": 0.218609 }, "levels": { "trend_reference": 154.288667, "fair_value_reference": 133.231935, "structural_low": 137.139999, 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"upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.873268, "energy": 49.561891, "activity_lines": [ 159.044001, 158.824, 156.436096, 154.82671 ] }, { "date": "2026-07-31", "close": 162.820007, "volume": 192, "typical_volume": 210.55, "trend": 153.864667, "fair_value": 132.830124, "relative_strength": -10.413562, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.059309, "energy": 55.699763, "activity_lines": [ 160.321336, 159.572729, 157.336668, 155.428001 ] }, { "date": "2026-08-07", "close": 167.119995, "volume": 0, "typical_volume": 161.05, "trend": 154.288667, "fair_value": 133.231935, "relative_strength": -10.323064, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.405782, "energy": 83.441051, "activity_lines": [ 162.629334, 161.013455, 158.567715, 156.283183 ] } ], "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." } } }