{
  "ticker": {
    "uuid": "72981865-9787-4530-b286-eb07438779ba",
    "symbol": "AJASR",
    "name": "BNP PARIBAS Easy ICAV - BNP Paribas Easy ESG Enhanced Japan UCITS ETF UCITS ETF EUR R CAPITALISATION",
    "exchange": "PAR",
    "country": "FR",
    "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": "^FCHI",
    "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": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 74.774,
    "architecture_energy": 49.759,
    "architecture_maturity": 59.464,
    "architecture_confidence": 56.178,
    "architecture_tenure": "New",
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        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
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      "scores": {
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        "rotation_up": 43.14,
        "upward_expansion": 71.79,
        "deceleration": 74.32,
        "rotation_down": 28.84,
        "downward_expansion": 12.13
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
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        "label": "Price vs current Fair Value",
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        "label": "Fair Value direction",
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        "label": "Relative Strength vs benchmark",
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        "read": "Leading"
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        "label": "Relative strength direction",
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        "label": "Price momentum",
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        "read": "Positive"
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        "label": "Volume balance",
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        "read": "Supply-led"
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      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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        "date": "2026-05-08",
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        "date": "2026-05-22",
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        "date": "2026-05-29",
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        "date": "2026-06-12",
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      },
      {
        "date": "2026-07-03",
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        "fair_value": 10945.676611,
        "relative_strength": 12.660832,
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        "modifier": "Re-accelerating",
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      },
      {
        "date": "2026-07-10",
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        "trend": 12463.835091,
        "fair_value": 10975.323512,
        "relative_strength": 13.10593,
        "stage": 2,
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        "modifier": "Re-accelerating",
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        "energy": 83.54975,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
        "close": 13611.625977,
        "volume": 45,
        "typical_volume": 22.9,
        "trend": 12540.908691,
        "fair_value": 11003.074065,
        "relative_strength": 11.531995,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.277394,
        "energy": 64.429876,
        "activity_lines": [
          13727.343034,
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          13138.769341,
          12879.789155
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      },
      {
        "date": "2026-07-24",
        "close": 13428.170898,
        "volume": 16,
        "typical_volume": 18.95,
        "trend": 12609.620996,
        "fair_value": 11028.33549,
        "relative_strength": 9.152773,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.428818,
        "energy": 57.786598,
        "activity_lines": [
          13613.692773,
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          13204.284161,
          12937.031878
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      },
      {
        "date": "2026-07-31",
        "close": 13375.629883,
        "volume": 18,
        "typical_volume": 19.25,
        "trend": 12676.581934,
        "fair_value": 11052.534401,
        "relative_strength": 6.648826,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.191322,
        "energy": 40.467014,
        "activity_lines": [
          13518.496159,
          13560.57397,
          13257.89721,
          12986.451806
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      },
      {
        "date": "2026-08-07",
        "close": 14013.475586,
        "volume": 13,
        "typical_volume": 17.95,
        "trend": 12742.799154,
        "fair_value": 11082.748087,
        "relative_strength": 8.700869,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 74.774029,
        "energy": 49.759364,
        "activity_lines": [
          13654.009831,
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          13072.70301
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      }
    ],
    "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."
    }
  }
}