{ "ticker": { "uuid": "a8054800-5915-47a6-b6d6-208376eaf4c1", "symbol": "TRYP", "name": "Hanetf Icav - Airlines, Hotels, Cruise Lines Ucits Etf", "exchange": "EBS", "country": "CH", "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": "^SSMI", "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": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 82.678, "architecture_energy": 64.651, "architecture_maturity": 51.105, "architecture_confidence": 71.432, "architecture_tenure": "New", "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": 25.61, "rotation_up": 54.86, "upward_expansion": 82.29, "deceleration": 70.89, "rotation_down": 26.5, "downward_expansion": 11.29 }, "activity_lines": [ 8.7722, 8.730491, 8.408962, 8.224138 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 9.046, "trend_reference": 8.086633, "distance_from_trend": 0.118636, "trend_direction": "Improving", "fair_value": 7.09125, "distance_from_fair_value": 0.275657, "fair_value_direction": "Improving", "relative_strength": 1.879086, "relative_strength_direction": "Improving", "price_momentum": 0.070659, "excess_performance": -0.012224, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.118636, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.024325, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.275657, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.152734, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.018791, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.05465, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.070659, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 38221.0, "read": "Demand-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 38221.0, "dry_up": 1.66044, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.029269, "annualized_volatility": 0.224754, "from_high_reference": 0.0, "from_low_reference": 0.229912 }, "levels": { "trend_reference": 8.086633, "fair_value_reference": 7.09125, "structural_low": 7.364, "invalidation": "A sustained loss of 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[ 7.837733, 7.745236, 7.720733, 7.823482 ] }, { "date": "2026-06-12", "close": 8.283, "volume": 8767, "typical_volume": 2663.45, "trend": 7.9349, "fair_value": 6.955, "relative_strength": -1.300721, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 40.216461, "energy": 41.530615, "activity_lines": [ 8.0124, 7.8494, 7.767224, 7.847499 ] }, { "date": "2026-06-19", "close": 8.6, "volume": 0, "typical_volume": 2663.35, "trend": 7.9714, "fair_value": 6.972269, "relative_strength": 1.856749, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 50.41992, "energy": 71.677033, "activity_lines": [ 8.256067, 7.999236, 7.8433, 7.890409 ] }, { "date": "2026-06-26", "close": 8.991, "volume": 0, "typical_volume": 2663.3, "trend": 8.008667, "fair_value": 6.990417, "relative_strength": 3.368868, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 57.177709, "energy": 82.776585, "activity_lines": [ 8.552733, 8.204927, 7.9535, 7.956189 ] }, { "date": "2026-07-03", "close": 8.909, "volume": 0, "typical_volume": 2641.6, "trend": 8.0397, "fair_value": 7.008026, "relative_strength": 0.629568, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 58.110163, "energy": 84.922982, "activity_lines": [ 8.7266, 8.374527, 8.05331, 8.014275 ] }, { "date": "2026-07-10", "close": 8.696, "volume": 0, "typical_volume": 2639.95, "trend": 8.0559, "fair_value": 7.024994, "relative_strength": -0.391528, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 68.313215, "energy": 88.42092, "activity_lines": [ 8.771467, 8.482418, 8.129348, 8.056617 ] }, { "date": "2026-07-17", "close": 8.504, "volume": 1, "typical_volume": 2638.15, "trend": 8.0573, "fair_value": 7.040135, "relative_strength": -3.184311, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.563087, "energy": 86.350807, "activity_lines": [ 8.707533, 8.532709, 8.184986, 8.085527 ] }, { "date": "2026-07-24", "close": 8.523, "volume": 12799, "typical_volume": 2813.15, "trend": 8.0591, "fair_value": 7.054942, "relative_strength": -2.719358, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.210745, "energy": 60.343799, "activity_lines": [ 8.6352, 8.572436, 8.240719, 8.115572 ] }, { "date": "2026-07-31", "close": 8.77, "volume": 0, "typical_volume": 2752.2, "trend": 8.074133, "fair_value": 7.072628, "relative_strength": 0.072614, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.387907, "energy": 56.572483, "activity_lines": [ 8.650333, 8.637382, 8.315, 8.161437 ] }, { "date": "2026-08-07", "close": 9.046, "volume": 0, "typical_volume": 1927.2, "trend": 8.086633, "fair_value": 7.09125, "relative_strength": 1.879086, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.678151, "energy": 64.650974, "activity_lines": [ 8.7722, 8.730491, 8.408962, 8.224138 ] } ], "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." } } }