{ "ticker": { "uuid": "a9f63b1a-7952-45b1-b118-0f3237d07b0d", "symbol": "UBUM", "name": "UBS S&P Dividend Aristocrats ESG Elite UCITS ETF USD dis", "exchange": "AMS", "country": "NL", "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": "^AEX", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 95.234, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 86.332, "architecture_energy": 86.457, "architecture_maturity": 35.948, "architecture_confidence": 63.136, "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": 0.52, "rotation_up": 86.03, "upward_expansion": 95.89, "deceleration": 42.59, "rotation_down": 10.25, "downward_expansion": 17.89 }, "activity_lines": [ 11.521067, 11.394255, 11.146448, 10.994518 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 11.636, "trend_reference": 10.830783, "distance_from_trend": 0.074345, "trend_direction": "Improving", "fair_value": 9.248944, "distance_from_fair_value": 0.25809, "fair_value_direction": "Improving", "relative_strength": -0.102691, "relative_strength_direction": "Weakening", "price_momentum": 0.087043, "excess_performance": -0.029619, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.074345, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.04049, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.25809, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.069007, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.001027, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.007239, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.087043, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.088074, "read": "Demand-led" } ], "volume": { "latest": 14010, "relative_activity": 1.2687, "balance": 1.088074, "dry_up": 2.099807, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.013182, "annualized_volatility": 0.101087, "from_high_reference": -0.008521, "from_low_reference": 0.228398 }, "levels": { "trend_reference": 10.830783, "fair_value_reference": 9.248944, "structural_low": 10.002, "invalidation": 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"2026-07-10", "close": 11.334, "volume": 21087, "typical_volume": 11192.3, "trend": 10.654205, "fair_value": 9.157186, "relative_strength": -0.199038, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.332483, "energy": 95.149471, "activity_lines": [ 11.222267, 11.064545, 10.8732, 10.789096 ] }, { "date": "2026-07-17", "close": 11.482, "volume": 32931, "typical_volume": 12639.55, "trend": 10.699571, "fair_value": 9.180031, "relative_strength": 0.32974, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.742676, "energy": 96.517502, "activity_lines": [ 11.335733, 11.161891, 10.942857, 10.842502 ] }, { "date": "2026-07-24", "close": 11.478, "volume": 25352, "typical_volume": 12429.7, "trend": 10.745134, "fair_value": 9.201976, "relative_strength": 0.44823, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.826434, "energy": 93.423668, "activity_lines": [ 11.408133, 11.243745, 11.009952, 10.892723 ] }, { "date": "2026-07-31", "close": 11.476, "volume": 20458, "typical_volume": 11535.85, "trend": 10.789048, "fair_value": 9.225125, "relative_strength": -0.400973, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.310356, "energy": 88.258764, "activity_lines": [ 11.448, 11.310473, 11.073124, 10.939876 ] }, { "date": "2026-08-07", "close": 11.636, "volume": 14010, "typical_volume": 11042.8, "trend": 10.830783, "fair_value": 9.248944, "relative_strength": -0.102691, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.332041, "energy": 86.457395, "activity_lines": [ 11.521067, 11.394255, 11.146448, 10.994518 ] } ], "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." } } }