{ "ticker": { "uuid": "69702493-9f6a-438b-8529-d9e87312d7e1", "symbol": "IAEX", "name": "iShares AEX UCITS ETF EUR (Dist)", "exchange": "AMS", "country": "NL", "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": "^AEX", "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": 81.584, "architecture_energy": 73.94, "architecture_maturity": 66.73, "architecture_confidence": 78.824, "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": 0.17, "rotation_up": 73.36, "upward_expansion": 92.12, "deceleration": 47.16, "rotation_down": 19.03, "downward_expansion": 14.12 }, "activity_lines": [ 109.849333, 108.909255, 106.599052, 104.74422 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Stable", "price_acceptance": 1.0 }, "latest_close": 111.300003, "trend_reference": 102.711832, "distance_from_trend": 0.083614, "trend_direction": "Improving", "fair_value": 88.652121, "distance_from_fair_value": 0.255469, "fair_value_direction": "Improving", "relative_strength": 0.624926, "relative_strength_direction": "Improving", "price_momentum": 0.124189, "excess_performance": 0.007526, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.083614, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.045784, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.255469, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.078611, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.006249, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.006069, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.124189, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.61, "read": "Demand-led" } ], "volume": { "latest": 46570, "relative_activity": 0.486143, "balance": 1.61, "dry_up": 0.712132, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.021572, "annualized_volatility": 0.140788, "from_high_reference": -0.004472, "from_low_reference": 0.2685 }, "levels": { "trend_reference": 102.711832, "fair_value_reference": 88.652121, "structural_low": 94.0, "invalidation": "A 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87.952524, "relative_strength": 0.298443, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.912473, "energy": 73.080158, "activity_lines": [ 108.099999, 107.099748, 104.632372, 103.171542 ] }, { "date": "2026-07-24", "close": 108.879997, "volume": 67173, "typical_volume": 117258.65, "trend": 101.834427, "fair_value": 88.169768, "relative_strength": 0.416161, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.261082, "energy": 70.429568, "activity_lines": [ 108.462665, 107.644069, 105.238171, 103.658594 ] }, { "date": "2026-07-31", "close": 109.639999, "volume": 69009, "typical_volume": 108826.5, "trend": 102.278382, "fair_value": 88.403955, "relative_strength": 0.257037, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.057891, "energy": 67.62458, "activity_lines": [ 109.003998, 108.17533, 105.862772, 104.162179 ] }, { "date": "2026-08-07", "close": 111.300003, "volume": 46570, "typical_volume": 95794.8, "trend": 102.711832, "fair_value": 88.652121, "relative_strength": 0.624926, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.584186, "energy": 73.939968, "activity_lines": [ 109.849333, 108.909255, 106.599052, 104.74422 ] } ], "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." } } }