{ "ticker": { "uuid": "61ab1239-0de8-4790-99fb-89ea13b531d9", "symbol": "EXSG", "name": "iShares EURO STOXX Select Dividend 30 UCITS ETF (DE)", "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": 89.421, "architecture_energy": 94.652, "architecture_maturity": 82.768, "architecture_confidence": 76.005, "architecture_tenure": "Extended", "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": 9.9, "rotation_up": 87.0, "upward_expansion": 99.92, "deceleration": 39.02, "rotation_down": 9.28, "downward_expansion": 21.92 }, "activity_lines": [ 23.737274, 23.386139, 23.054652, 22.700614 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 24.17, "trend_reference": 22.284725, "distance_from_trend": 0.084599, "trend_direction": "Improving", "fair_value": 17.360467, "distance_from_fair_value": 0.392244, "fair_value_direction": "Improving", "relative_strength": 4.196213, "relative_strength_direction": "Weakening", "price_momentum": 0.101473, "excess_performance": 0.036834, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.084599, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.03717, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.392244, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.034095, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.041962, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.043149, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.101473, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.235187, "read": "Demand-led" } ], "volume": { "latest": 87675, "relative_activity": 0.700868, "balance": 5.235187, "dry_up": 1.076545, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.01782, "annualized_volatility": 0.139763, "from_high_reference": -0.004531, "from_low_reference": 0.238797 }, "levels": { "trend_reference": 22.284725, "fair_value_reference": 17.360467, "structural_low": 19.997917, "invalidation": "A 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22.372982 ] }, { "date": "2026-07-24", "close": 23.445, "volume": 121100, "typical_volume": 141609.05, "trend": 22.115435, "fair_value": 17.224118, "relative_strength": 6.471717, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.965689, "energy": 76.957451, "activity_lines": [ 23.186914, 23.029084, 22.760166, 22.463745 ] }, { "date": "2026-07-31", "close": 23.809999, "volume": 110765, "typical_volume": 135429.0, "trend": 22.193085, "fair_value": 17.29106, "relative_strength": 5.627171, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.645632, "energy": 86.930547, "activity_lines": [ 23.446192, 23.182384, 22.896717, 22.573072 ] }, { "date": "2026-08-07", "close": 24.17, "volume": 87675, "typical_volume": 125094.85, "trend": 22.284725, "fair_value": 17.360467, "relative_strength": 4.196213, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.421424, "energy": 94.651947, "activity_lines": [ 23.737274, 23.386139, 23.054652, 22.700614 ] } ], "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." } } }