{ "ticker": { "uuid": "9c27c5a9-fe10-4b5e-adb2-aa7c48f2b97d", "symbol": "JEIP", "name": "JPM US Equity Premium Income Active UCITS ETF USD Dist", "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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 50.15, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 73.019, "architecture_energy": 70.05, "architecture_maturity": 12.279, "architecture_confidence": 69.403, "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": 12.06, "rotation_up": 74.95, "upward_expansion": 89.89, "deceleration": 44.05, "rotation_down": 10.64, "downward_expansion": 14.23 }, "activity_lines": [ 21.515999, 21.385238, 21.159139, 21.095849 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 21.639999, "trend_reference": 21.040632, "distance_from_trend": 0.028486, "trend_direction": "Improving", "fair_value": 20.600298, "distance_from_fair_value": 0.05047, "fair_value_direction": "Improving", "relative_strength": -3.22462, "relative_strength_direction": "Weakening", "price_momentum": 0.028383, "excess_performance": -0.036257, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.028486, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.012335, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.05047, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.051059, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.032246, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.031258, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.028383, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.91745, "read": "Demand-led" } ], "volume": { "latest": 79401, "relative_activity": 1.879654, "balance": 1.91745, "dry_up": 1.059014, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.014872, "annualized_volatility": 0.072642, "from_high_reference": -0.008022, "from_low_reference": 0.108837 }, "levels": { "trend_reference": 21.040632, "fair_value_reference": 20.600298, "structural_low": 20.459074, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 1, "median_return": 0.013821, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.03614, "regime_survival": 1.0, "best_return": 0.013821, "worst_return": 0.013821, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, 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21.230857, 21.040673, 20.955425, 20.95814 ] }, { "date": "2026-07-17", "close": 21.35, "volume": 42997, "typical_volume": 42705.9, "trend": 20.94857, "fair_value": 20.568173, "relative_strength": 1.348365, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.717474, "energy": 71.285282, "activity_lines": [ 21.310722, 21.120895, 20.992615, 20.985869 ] }, { "date": "2026-07-24", "close": 21.584999, "volume": 22084, "typical_volume": 41209.9, "trend": 20.987038, "fair_value": 20.579471, "relative_strength": 1.257063, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.925653, "energy": 79.652954, "activity_lines": [ 21.42642, 21.228431, 21.051936, 21.026929 ] }, { "date": "2026-07-31", "close": 21.434999, "volume": 34459, "typical_volume": 40794.45, "trend": 21.019698, "fair_value": 20.588872, "relative_strength": -1.527501, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.849015, "energy": 67.570411, "activity_lines": [ 21.446545, 21.293062, 21.096304, 21.05583 ] }, { "date": "2026-08-07", "close": 21.639999, "volume": 79401, "typical_volume": 42242.35, "trend": 21.040632, "fair_value": 20.600298, "relative_strength": -3.22462, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.019292, "energy": 70.049517, "activity_lines": [ 21.515999, 21.385238, 21.159139, 21.095849 ] } ], "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." } } }