{ "ticker": { "uuid": "86bef398-ea11-478f-a05b-81db36813ca2", "symbol": "EKLD", "name": "BNP Paribas Easy MSCI USA SRI PAB UCITS ETF 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": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 85.392, "architecture_energy": 61.855, "architecture_maturity": 56.225, "architecture_confidence": 72.963, "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": 21.97, "rotation_up": 53.95, "upward_expansion": 80.7, "deceleration": 68.57, "rotation_down": 27.18, "downward_expansion": 9.7 }, "activity_lines": [ 24.352353, 24.230922, 23.920531, 23.469184 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 25.0604, "trend_reference": 22.990247, "distance_from_trend": 0.090045, "trend_direction": "Improving", "fair_value": 21.068128, "distance_from_fair_value": 0.189493, "fair_value_direction": "Improving", "relative_strength": 3.081477, "relative_strength_direction": "Weakening", "price_momentum": 0.134638, "excess_performance": 0.081326, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.090045, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.028795, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.189493, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.056875, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.030815, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.001916, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.134638, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.131762, "read": "Demand-led" } ], "volume": { "latest": 6628, "relative_activity": 0.201078, "balance": 2.131762, "dry_up": 0.964563, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.019816, "annualized_volatility": 0.133596, "from_high_reference": 0.0, "from_low_reference": 0.210911 }, "levels": { "trend_reference": 22.990247, "fair_value_reference": 21.068128, "structural_low": 20.695499, "invalidation": "A 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28871.8, "trend": 22.77259, "fair_value": 20.915102, "relative_strength": 5.180157, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.174027, "energy": 65.442385, "activity_lines": [ 24.163694, 24.042111, 23.474779, 23.109049 ] }, { "date": "2026-07-17", "close": 24.095699, "volume": 17989, "typical_volume": 29557.85, "trend": 22.82917, "fair_value": 20.95125, "relative_strength": 3.5401, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.946665, "energy": 64.977837, "activity_lines": [ 24.16916, 24.080667, 23.585823, 23.194411 ] }, { "date": "2026-07-24", "close": 23.9555, "volume": 62095, "typical_volume": 32456.2, "trend": 22.874536, "fair_value": 20.9862, "relative_strength": 2.526552, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.989476, "energy": 57.572126, "activity_lines": [ 24.12054, 24.078582, 23.674855, 23.267078 ] }, { "date": "2026-07-31", "close": 23.863899, "volume": 40465, "typical_volume": 33212.45, "trend": 22.91712, "fair_value": 21.022425, "relative_strength": 0.539806, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.37467, "energy": 46.593667, "activity_lines": [ 24.04022, 24.048545, 23.746824, 23.330908 ] }, { "date": "2026-08-07", "close": 25.0604, "volume": 6628, "typical_volume": 32962.35, "trend": 22.990247, "fair_value": 21.068128, "relative_strength": 3.081477, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.392463, "energy": 61.854597, "activity_lines": [ 24.352353, 24.230922, 23.920531, 23.469184 ] } ], "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." } } }