{ "ticker": { "uuid": "8ac666a2-5a9d-4927-a3f7-087d3af6761e", "symbol": "HPAU", "name": "HSBC ETFs PLC - HSBC MSCI USA Climate Paris Aligned UCITS ETF", "exchange": "GER", "country": "DE", "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": "^GDAXI", "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": 79.744, "architecture_energy": 54.644, "architecture_maturity": 73.696, "architecture_confidence": 68.817, "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": 26.13, "rotation_up": 47.85, "upward_expansion": 79.7, "deceleration": 70.95, "rotation_down": 29.08, "downward_expansion": 8.7 }, "activity_lines": [ 44.972666, 44.834818, 44.395881, 43.334645 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 46.095001, "trend_reference": 42.083, "distance_from_trend": 0.095335, "trend_direction": "Improving", "fair_value": 37.201058, "distance_from_fair_value": 0.239078, "fair_value_direction": "Improving", "relative_strength": 3.03788, "relative_strength_direction": "Weakening", "price_momentum": 0.174545, "excess_performance": 0.109905, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.095335, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.03031, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.239078, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.032725, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.030379, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.050235, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.174545, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.751841, "read": "Demand-led" } ], "volume": { "latest": 964, "relative_activity": 0.26416, "balance": 4.751841, "dry_up": 0.829063, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.022287, "annualized_volatility": 0.152084, "from_high_reference": 0.0, "from_low_reference": 0.234798 }, "levels": { "trend_reference": 42.083, "fair_value_reference": 37.201058, "structural_low": 37.330002, "invalidation": "A 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"activity_lines": [ 44.758666, 44.791363, 43.782238, 42.745086 ] }, { "date": "2026-07-24", "close": 44.404999, "volume": 2770, "typical_volume": 3570.7, "trend": 41.8265, "fair_value": 36.992276, "relative_strength": 4.391378, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.513255, "energy": 50.940311, "activity_lines": [ 44.668333, 44.717727, 43.964166, 42.918161 ] }, { "date": "2026-07-31", "close": 44.119999, "volume": 4360, "typical_volume": 3628.6, "trend": 41.933, "fair_value": 37.089263, "relative_strength": 1.462108, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.209281, "energy": 42.008353, "activity_lines": [ 44.498333, 44.589454, 44.09719, 43.066129 ] }, { "date": "2026-08-07", "close": 46.095001, "volume": 964, "typical_volume": 3649.3, "trend": 42.083, "fair_value": 37.201058, "relative_strength": 3.03788, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.743951, "energy": 54.643992, "activity_lines": [ 44.972666, 44.834818, 44.395881, 43.334645 ] } ], "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." } } }