{ "ticker": { "uuid": "a4e16a4a-6750-46be-9884-ef3a223e51b3", "symbol": "LYXIB", "name": "Amundi IBEX 35 UCITS ETF", "exchange": "MCE", "country": "ES", "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": "^IBEX", "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": 81.993, "architecture_energy": 69.702, "architecture_maturity": 44.895, "architecture_confidence": 82.207, "architecture_tenure": "Established", "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": 10.13, "rotation_up": 66.13, "upward_expansion": 85.33, "deceleration": 57.76, "rotation_down": 21.01, "downward_expansion": 12.0 }, "activity_lines": [ 208.966018, 206.83807, 200.652905, 196.064747 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 213.256607, "trend_reference": 191.099398, "distance_from_trend": 0.115946, "trend_direction": "Improving", "fair_value": 135.3312, "distance_from_fair_value": 0.575813, "fair_value_direction": "Improving", "relative_strength": 1.809125, "relative_strength_direction": "Improving", "price_momentum": 0.145931, "excess_performance": 0.0215, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.115946, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.057592, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.575813, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.086947, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.018091, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 7.7e-05, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.145931, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.91133, "read": "Demand-led" } ], "volume": { "latest": 24308, "relative_activity": 1.006836, "balance": 2.91133, "dry_up": 0.905627, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.026341, "annualized_volatility": 0.181616, "from_high_reference": -0.009261, "from_low_reference": 0.420005 }, "levels": { "trend_reference": 191.099398, "fair_value_reference": 135.3312, "structural_low": 168.759995, 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"direction": 67.68313, "energy": 87.180503, "activity_lines": [ 204.959699, 200.331019, 194.215822, 191.052114 ] }, { "date": "2026-07-17", "close": 203.068802, "volume": 20259, "typical_volume": 31509.25, "trend": 188.155605, "fair_value": 133.030092, "relative_strength": 1.966467, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.811271, "energy": 84.2477, "activity_lines": [ 204.809067, 201.549841, 195.500891, 192.06778 ] }, { "date": "2026-07-24", "close": 206.956802, "volume": 21595, "typical_volume": 27479.95, "trend": 189.137114, "fair_value": 133.767623, "relative_strength": 1.902893, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.888036, "energy": 80.838173, "activity_lines": [ 205.538914, 203.194207, 197.096017, 193.28076 ] }, { "date": "2026-07-31", "close": 209.105606, "volume": 21296, "typical_volume": 25177.75, "trend": 190.073301, "fair_value": 134.538104, "relative_strength": 1.872056, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.119168, "energy": 64.512939, "activity_lines": [ 206.729849, 204.824595, 198.75346, 194.56905 ] }, { "date": "2026-08-07", "close": 213.256607, "volume": 24308, "typical_volume": 24142.95, "trend": 191.099398, "fair_value": 135.3312, "relative_strength": 1.809125, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.992625, "energy": 69.702257, "activity_lines": [ 208.966018, 206.83807, 200.652905, 196.064747 ] } ], "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." } } }