{ "ticker": { "uuid": "6a389a24-59ae-46c2-842c-c9db0370d580", "symbol": "INFR", "name": "iShares Global Infrastructure UCITS ETF USD (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": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 48.395, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 37.185, "architecture_energy": 29.384, "architecture_maturity": 42.957, "architecture_confidence": 59.575, "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": 30.07, "rotation_up": 45.89, "upward_expansion": 71.11, "deceleration": 61.47, "rotation_down": 24.44, "downward_expansion": 12.11 }, "activity_lines": [ 34.491999, 34.528909, 34.203787, 33.961552 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 33.724998, "trend_reference": 33.456128, "distance_from_trend": 0.008036, "trend_direction": "Improving", "fair_value": 29.337667, "distance_from_fair_value": 0.149546, "fair_value_direction": "Weakening", "relative_strength": -5.895533, "relative_strength_direction": "Weakening", "price_momentum": 0.069834, "excess_performance": -0.046829, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.008036, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.043249, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.149546, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.00848, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.058955, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.069077, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.069834, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.087436, "read": "Demand-led" } ], "volume": { "latest": 35575, "relative_activity": 0.867326, "balance": 2.087436, "dry_up": 1.179838, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.024328, "annualized_volatility": 0.146092, "from_high_reference": -0.053599, "from_low_reference": 0.173598 }, "levels": { "trend_reference": 33.456128, "fair_value_reference": 29.337667, "structural_low": 31.350271, 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"stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.095353, "energy": 80.188308, "activity_lines": [ 34.784666, 34.402352, 34.026023, 33.705694 ] }, { "date": "2026-07-24", "close": 35.560001, "volume": 45375, "typical_volume": 40136.25, "trend": 33.200924, "fair_value": 29.227617, "relative_strength": 0.871256, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.893977, "energy": 81.556621, "activity_lines": [ 35.116, 34.664636, 34.191761, 33.870172 ] }, { "date": "2026-07-31", "close": 34.23, "volume": 47233, "typical_volume": 41208.55, "trend": 33.337686, "fair_value": 29.284335, "relative_strength": -3.582221, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.829469, "energy": 48.737462, "activity_lines": [ 34.870333, 34.645273, 34.222367, 33.936564 ] }, { "date": "2026-08-07", "close": 33.724998, "volume": 35575, "typical_volume": 41016.85, "trend": 33.456128, "fair_value": 29.337667, "relative_strength": -5.895533, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.185463, "energy": 29.383697, "activity_lines": [ 34.491999, 34.528909, 34.203787, 33.961552 ] } ], "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." } } }