{ "ticker": { "uuid": "ac834815-9b18-46b2-bedc-ddeb28919545", "symbol": "CBUM", "name": "iShares S&P 500 Scored and Screened UCITS ETF EUR Hedged (Acc)", "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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 95.679, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 86.212, "architecture_energy": 60.788, "architecture_maturity": 45.363, "architecture_confidence": 70.55, "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": 23.7, "rotation_up": 53.01, "upward_expansion": 80.3, "deceleration": 70.57, "rotation_down": 27.77, "downward_expansion": 9.3 }, "activity_lines": [ 8.810733, 8.769273, 8.689505, 8.530252 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 9.082, "trend_reference": 8.357033, "distance_from_trend": 0.086749, "trend_direction": "Improving", "fair_value": 6.961452, "distance_from_fair_value": 0.304613, "fair_value_direction": "Improving", "relative_strength": 3.399885, "relative_strength_direction": "Weakening", "price_momentum": 0.111764, "excess_performance": 0.047124, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.086749, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.031915, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.304613, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.01509, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.033999, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.069327, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.111764, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.063079, "read": "Demand-led" } ], "volume": { "latest": 173502, "relative_activity": 0.273418, "balance": 4.063079, "dry_up": 0.303674, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.018109, "annualized_volatility": 0.128708, "from_high_reference": -0.006128, "from_low_reference": 0.229957 }, "levels": { "trend_reference": 8.357033, "fair_value_reference": 6.961452, "structural_low": 7.465, "invalidation": "A sustained loss of 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8.504619, 8.37566 ] }, { "date": "2026-07-10", "close": 8.748, "volume": 209948, "typical_volume": 978892.15, "trend": 8.264733, "fair_value": 6.876446, "relative_strength": 5.526725, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.809042, "energy": 60.956699, "activity_lines": [ 8.7424, 8.734164, 8.546329, 8.408469 ] }, { "date": "2026-07-17", "close": 8.654, "volume": 206304, "typical_volume": 919455.4, "trend": 8.286433, "fair_value": 6.896817, "relative_strength": 5.086991, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.204844, "energy": 53.690994, "activity_lines": [ 8.7134, 8.722564, 8.576119, 8.433583 ] }, { "date": "2026-07-24", "close": 8.641, "volume": 178607, "typical_volume": 672150.45, "trend": 8.304867, "fair_value": 6.916785, "relative_strength": 3.573912, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.583766, "energy": 45.710517, "activity_lines": [ 8.685067, 8.707764, 8.602038, 8.456458 ] }, { "date": "2026-07-31", "close": 8.693, "volume": 212393, "typical_volume": 646845.75, "trend": 8.326333, "fair_value": 6.937567, "relative_strength": 1.865453, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.279884, "energy": 37.291882, "activity_lines": [ 8.6832, 8.703091, 8.62939, 8.481499 ] }, { "date": "2026-08-07", "close": 9.082, "volume": 173502, "typical_volume": 634567.15, "trend": 8.357033, "fair_value": 6.961452, "relative_strength": 3.399885, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 86.21207, "energy": 60.787782, "activity_lines": [ 8.810733, 8.769273, 8.689505, 8.530252 ] } ], "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." } } }