{
  "ticker": {
    "uuid": "8c291682-b326-4c31-a40b-e72b3e044a12",
    "symbol": "ENGUS",
    "name": "BNP Paribas EASY ECPI Global ESG Infrastructure UCITS ETF USD",
    "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": 54.291,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 54.679,
    "architecture_energy": 28.472,
    "architecture_maturity": 61.046,
    "architecture_confidence": 81.711,
    "architecture_tenure": "Developing",
    "architecture": {
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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": {
        "balance": 44.9,
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      "activity_direction": "Contracting",
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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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        "label": "Volume balance",
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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": "2026-04-10",
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        "date": "2026-05-15",
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        "relative_strength": 3.611352,
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      },
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        "date": "2026-07-10",
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        "typical_volume": 1154.9,
        "trend": 15.69955,
        "fair_value": 12.681782,
        "relative_strength": 3.896106,
        "stage": 2,
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        "modifier": "Recompressing",
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        "direction": 36.842319,
        "energy": 32.024261,
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      },
      {
        "date": "2026-07-17",
        "close": 15.9674,
        "volume": 0,
        "typical_volume": 1092.75,
        "trend": 15.74159,
        "fair_value": 12.705419,
        "relative_strength": 3.610404,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.23122,
        "energy": 28.319349,
        "activity_lines": [
          16.05518,
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          16.100409,
          15.984419
        ]
      },
      {
        "date": "2026-07-24",
        "close": 15.9919,
        "volume": 1228,
        "typical_volume": 1099.5,
        "trend": 15.784447,
        "fair_value": 12.728894,
        "relative_strength": 3.131242,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.117051,
        "energy": 27.291152,
        "activity_lines": [
          16.020413,
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          16.1031,
          16.000568
        ]
      },
      {
        "date": "2026-07-31",
        "close": 16.1019,
        "volume": 1752,
        "typical_volume": 1168.85,
        "trend": 15.83097,
        "fair_value": 12.752816,
        "relative_strength": 2.031928,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.817762,
        "energy": 21.438117,
        "activity_lines": [
          16.034353,
          16.092962,
          16.11554,
          16.021049
        ]
      },
      {
        "date": "2026-08-07",
        "close": 16.3638,
        "volume": 350,
        "typical_volume": 1131.5,
        "trend": 15.886223,
        "fair_value": 12.778246,
        "relative_strength": 1.08591,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.679159,
        "energy": 28.47191,
        "activity_lines": [
          16.1403,
          16.12776,
          16.150896,
          16.055425
        ]
      }
    ],
    "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."
    }
  }
}