{ "ticker": { "uuid": "94836a53-d953-4cee-b735-8154db0261ca", "symbol": "APX", "name": "Amundi MSCI AC Asia Ex Japan UCITS ETF Acc", "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": 91.123, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 25.696, "architecture_energy": 26.264, "architecture_maturity": 65.834, "architecture_confidence": 86.682, "architecture_tenure": "New", "architecture": { "interpretation": { "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." }, "scores": { "balance": 53.65, "rotation_up": 18.25, "upward_expansion": 52.95, "deceleration": 94.0, "rotation_down": 36.46, "downward_expansion": 18.95 }, "activity_lines": [ 193.397335, 196.927202, 195.979229, 190.780781 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 195.110001, "trend_reference": 183.9933, "distance_from_trend": 0.060419, "trend_direction": "Improving", "fair_value": 140.570979, "distance_from_fair_value": 0.387982, "fair_value_direction": "Weakening", "relative_strength": 6.664179, "relative_strength_direction": "Weakening", "price_momentum": 0.152458, "excess_performance": 0.099147, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.060419, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.081342, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.387982, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.081529, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.066642, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.174366, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.152458, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.51126, "read": "Supply-led" } ], "volume": { "latest": 1061, "relative_activity": 0.677371, "balance": 0.51126, "dry_up": 1.662144, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.043468, "annualized_volatility": 0.236371, "from_high_reference": -0.078888, "from_low_reference": 0.370607 }, "levels": { "trend_reference": 183.9933, "fair_value_reference": 140.570979, "structural_low": 159.0, "invalidation": "A 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"2025-03-21", "end": "2025-03-28", "tenure": "New", "return": -0.016125, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": -0.038915, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-30", "tenure": "Developing", "return": 0.091902, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-07-18", "tenure": "Developing", "return": 0.04099, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2025-12-12", "tenure": "Established", "return": 0.083348, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-19", "end": "2026-01-02", "tenure": "New", "return": 0.039463, "active": false }, { "regime": 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187.987744 ] }, { "date": "2026-07-17", "close": 189.860001, "volume": 6186, "typical_volume": 2634.55, "trend": 180.793333, "fair_value": 139.068684, "relative_strength": 9.775726, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.344632, "energy": 40.904811, "activity_lines": [ 199.586669, 200.645364, 194.65871, 188.647811 ] }, { "date": "2026-07-24", "close": 192.360001, "volume": 2070, "typical_volume": 2585.2, "trend": 182.0067, "fair_value": 139.544575, "relative_strength": 10.278915, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.558591, "energy": 25.031828, "activity_lines": [ 196.198669, 199.286055, 195.158186, 189.394047 ] }, { "date": "2026-07-31", "close": 191.410004, "volume": 1097, "typical_volume": 1797.4, "trend": 183.018933, "fair_value": 140.035472, "relative_strength": 7.570654, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.752932, "energy": 26.094277, "activity_lines": [ 193.733336, 197.756456, 195.447144, 190.000712 ] }, { "date": "2026-08-07", "close": 195.110001, "volume": 1061, "typical_volume": 1566.35, "trend": 183.9933, "fair_value": 140.570979, "relative_strength": 6.664179, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.695943, "energy": 26.263847, "activity_lines": [ 193.397335, 196.927202, 195.979229, 190.780781 ] } ], "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." } } }