{ "ticker": { "uuid": "6fb51404-8ba0-47a5-8c18-92d5a31e0ef7", "symbol": "AM27", "name": "Amundi Index - Amundi Dax UCITS", "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": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 82.303, "architecture_energy": 72.776, "architecture_maturity": 15.668, "architecture_confidence": 69.146, "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": 22.07, "rotation_up": 64.87, "upward_expansion": 86.19, "deceleration": 49.06, "rotation_down": 15.73, "downward_expansion": 15.19 }, "activity_lines": [ 190.743999, 188.990182, 186.494667, 184.453033 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 196.199997, "trend_reference": 183.220001, "distance_from_trend": 0.070844, "trend_direction": "Improving", "fair_value": 168.656857, "distance_from_fair_value": 0.163309, "fair_value_direction": "Improving", "relative_strength": -12.221084, "relative_strength_direction": "Improving", "price_momentum": 0.062033, "excess_performance": -0.112214, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.070844, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.013616, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.163309, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.074095, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.122211, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.028488, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.062033, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.813031, "read": "Supply-led" } ], "volume": { "latest": 328, "relative_activity": 0.902711, "balance": 0.813031, "dry_up": 0.916472, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.02354, "annualized_volatility": 0.190618, "from_high_reference": -0.001933, "from_low_reference": 0.210065 }, "levels": { "trend_reference": 183.220001, "fair_value_reference": 168.656857, "structural_low": 162.139999, 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"2026-07-31", "close": 190.779999, "volume": 164, "typical_volume": 404.7, "trend": 182.972001, "fair_value": 168.40872, "relative_strength": -12.512173, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.330151, "energy": 43.52221, "activity_lines": [ 188.105333, 187.255637, 185.153049, 183.599614 ] }, { "date": "2026-08-07", "close": 196.199997, "volume": 328, "typical_volume": 363.35, "trend": 183.220001, "fair_value": 168.656857, "relative_strength": -12.221084, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.30338, "energy": 72.775722, "activity_lines": [ 190.743999, 188.990182, 186.494667, 184.453033 ] } ], "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." } } }