{ "ticker": { "uuid": "904d77f9-d7f4-4242-b5b0-0cc568464c59", "symbol": "GREAL", "name": "BNP Paribas Easy FTSE EPRA Nareit Developed Europe Green CTB UCITS ETF Cap", "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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 56.848, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "mixed", "architecture_direction": 41.451, "architecture_energy": 55.529, "architecture_maturity": 10.145, "architecture_confidence": 58.197, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 26.58, "rotation_up": 71.48, "upward_expansion": 62.94, "deceleration": 19.88, "rotation_down": 18.05, "downward_expansion": 18.94 }, "activity_lines": [ 6.990027, 6.925005, 6.828322, 6.816732 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 7.0273, "trend_reference": 6.84382, "distance_from_trend": 0.02681, "trend_direction": "Improving", "fair_value": 6.764969, "distance_from_fair_value": 0.038778, "fair_value_direction": "Improving", "relative_strength": -3.447016, "relative_strength_direction": "Improving", "price_momentum": -0.001946, "excess_performance": -0.055257, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.02681, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.005747, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.038778, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.038483, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.03447, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.001499, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.001946, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.254434, "read": "Demand-led" } ], "volume": { "latest": 11959, "relative_activity": 0.857122, "balance": 1.254434, "dry_up": 1.192295, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.024441, "annualized_volatility": 0.209458, "from_high_reference": -0.059075, "from_low_reference": 0.136386 }, "levels": { "trend_reference": 6.84382, "fair_value_reference": 6.764969, "structural_low": 6.1839, "invalidation": "A 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"activity_lines": [ 6.841707, 6.757989, 6.730544, 6.775004 ] }, { "date": "2026-07-17", "close": 6.9575, "volume": 31362, "typical_volume": 27629.35, "trend": 6.823517, "fair_value": 6.747652, "relative_strength": -0.52971, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 27.150926, "energy": 39.028481, "activity_lines": [ 6.896933, 6.803658, 6.750217, 6.784335 ] }, { "date": "2026-07-24", "close": 6.9691, "volume": 21597, "typical_volume": 20854.75, "trend": 6.833283, "fair_value": 6.752747, "relative_strength": -0.672207, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.564426, "energy": 49.70453, "activity_lines": [ 6.93802, 6.846533, 6.773427, 6.793728 ] }, { "date": "2026-07-31", "close": 7.0051, "volume": 1624, "typical_volume": 14609.4, "trend": 6.842547, "fair_value": 6.758574, "relative_strength": -1.625399, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.246771, "energy": 51.772155, "activity_lines": [ 6.96454, 6.886829, 6.800447, 6.804813 ] }, { "date": "2026-08-07", "close": 7.0273, "volume": 11959, "typical_volume": 13952.5, "trend": 6.84382, "fair_value": 6.764969, "relative_strength": -3.447016, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.451026, "energy": 55.528783, "activity_lines": [ 6.990027, 6.925005, 6.828322, 6.816732 ] } ], "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." } } }