{ "ticker": { "uuid": "84fa2405-7191-40a8-9e6a-20feedf3cc0a", "symbol": "CAC", "name": "Amundi CAC 40 UCITS ETF Dist", "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": 90.969, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 82.961, "architecture_energy": 73.376, "architecture_maturity": 21.803, "architecture_confidence": 86.651, "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": 11.04, "rotation_up": 63.4, "upward_expansion": 85.88, "deceleration": 50.72, "rotation_down": 18.48, "downward_expansion": 14.88 }, "activity_lines": [ 85.945333, 85.360363, 84.008428, 82.998817 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Stable", "price_acceptance": 0.5 }, "latest_close": 87.989998, "trend_reference": 82.038667, "distance_from_trend": 0.072543, "trend_direction": "Improving", "fair_value": 75.011141, "distance_from_fair_value": 0.173026, "fair_value_direction": "Improving", "relative_strength": 1.925615, "relative_strength_direction": "Improving", "price_momentum": 0.080029, "excess_performance": 0.026718, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.072543, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.020619, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.173026, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.073826, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.019256, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.004407, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.080029, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.206242, "read": "Demand-led" } ], "volume": { "latest": 74010, "relative_activity": 0.661631, "balance": 2.206242, "dry_up": 0.737559, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.021034, "annualized_volatility": 0.153208, "from_high_reference": -0.003511, "from_low_reference": 0.188091 }, "levels": { "trend_reference": 82.038667, "fair_value_reference": 75.011141, "structural_low": 74.059998, 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"2026-07-24", "close": 84.43, "volume": 74733, "typical_volume": 119053.45, "trend": 81.676, "fair_value": 74.766322, "relative_strength": 1.919876, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.587748, "energy": 42.765933, "activity_lines": [ 84.459333, 84.317636, 83.042809, 82.328193 ] }, { "date": "2026-07-31", "close": 85.93, "volume": 102791, "typical_volume": 114221.9, "trend": 81.849333, "fair_value": 74.8826, "relative_strength": 1.998607, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.029592, "energy": 45.68273, "activity_lines": [ 84.906, 84.692363, 83.44638, 82.602645 ] }, { "date": "2026-08-07", "close": 87.989998, "volume": 74010, "typical_volume": 111859.85, "trend": 82.038667, "fair_value": 75.011141, "relative_strength": 1.925615, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.960737, "energy": 73.376113, "activity_lines": [ 85.945333, 85.360363, 84.008428, 82.998817 ] } ], "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." } } }