{ "ticker": { "uuid": "758cfddb-d7fb-4ca2-8863-7f54b988bcdb", "symbol": "VALD", "name": "BNP Paribas Easy Value Europe UCITS ETF Dis", "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": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 92.005, "architecture_energy": 96.429, "architecture_maturity": 39.796, "architecture_confidence": 71.631, "architecture_tenure": "Established", "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": 1.21, "rotation_up": 86.82, "upward_expansion": 99.93, "deceleration": 39.02, "rotation_down": 10.76, "downward_expansion": 21.93 }, "activity_lines": [ 135.833331, 134.040363, 131.357499, 128.937463 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 138.220001, "trend_reference": 125.947186, "distance_from_trend": 0.097444, "trend_direction": "Improving", "fair_value": 101.531567, "distance_from_fair_value": 0.36135, "fair_value_direction": "Improving", "relative_strength": 7.763612, "relative_strength_direction": "Weakening", "price_momentum": 0.132489, "excess_performance": 0.079178, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.097444, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.052352, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.36135, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.059089, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.077636, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.020059, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.132489, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.506966, "read": "Supply-led" } ], "volume": { "latest": 73, "relative_activity": 0.303156, "balance": 0.506966, "dry_up": 1.299834, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.014948, "annualized_volatility": 0.129614, "from_high_reference": -0.000578, "from_low_reference": 0.286761 }, "levels": { "trend_reference": 125.947186, "fair_value_reference": 101.531567, "structural_low": 112.889696, 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126.04006 ] }, { "date": "2026-07-17", "close": 134.059998, "volume": 142, "typical_volume": 267.2, "trend": 123.996378, "fair_value": 100.493768, "relative_strength": 10.074904, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.339871, "energy": 89.484038, "activity_lines": [ 132.550669, 131.113455, 128.742437, 126.730054 ] }, { "date": "2026-07-24", "close": 133.839996, "volume": 917, "typical_volume": 310.75, "trend": 124.620328, "fair_value": 100.81575, "relative_strength": 9.148553, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.359445, "energy": 88.81312, "activity_lines": [ 133.237333, 131.850181, 129.47781, 127.365126 ] }, { "date": "2026-07-31", "close": 136.039993, "volume": 120, "typical_volume": 238.6, "trend": 125.268448, "fair_value": 101.165863, "relative_strength": 8.922666, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.189355, "energy": 93.412468, "activity_lines": [ 134.386664, 132.82618, 130.35501, 128.101879 ] }, { "date": "2026-08-07", "close": 138.220001, "volume": 73, "typical_volume": 240.8, "trend": 125.947186, "fair_value": 101.531567, "relative_strength": 7.763612, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.004764, "energy": 96.428607, "activity_lines": [ 135.833331, 134.040363, 131.357499, 128.937463 ] } ], "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." } } }