{ "ticker": { "uuid": "b01dc96c-22af-4b95-b161-2577cbd9546d", "symbol": "AGESD", "name": "BNP Paribas Easy ESG Enhanced E", "exchange": "PAR", "country": "FR", "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": "^FCHI", "stage": 4, "stage_name": "Declining", "phase": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 56.831, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -77.77, "architecture_energy": 91.779, "architecture_maturity": 4.748, "architecture_confidence": 79.446, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 30.15, "rotation_up": 8.01, "upward_expansion": 22.0, "deceleration": 37.0, "rotation_down": 80.97, "downward_expansion": 95.33 }, "activity_lines": [ 9.824867, 9.860691, 9.880076, 9.89073 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 9.812, "trend_reference": 9.904591, "distance_from_trend": -0.009348, "trend_direction": "Weakening", "fair_value": 9.84523, "distance_from_fair_value": -0.003375, "fair_value_direction": "Weakening", "relative_strength": -7.886725, "relative_strength_direction": "Weakening", "price_momentum": -0.012445, "excess_performance": -0.065756, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.009348, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.002152, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.003375, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.001174, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.078867, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.04509, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.012445, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.568394, "read": "Supply-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 0.568394, "dry_up": 0.611691, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.002814, "annualized_volatility": 0.050799, "from_high_reference": -0.030121, "from_low_reference": 0.0 }, "levels": { "trend_reference": 9.904591, "fair_value_reference": 9.84523, "structural_low": 9.812, 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"Balance after decline", "gate": "down", "direction": -11.784891, "energy": 7.829435, "activity_lines": [ 9.921, 9.918964, 9.910884, 9.914489 ] }, { "date": "2026-07-17", "close": 9.859, "volume": 4050, "typical_volume": 3112.3, "trend": 9.918531, "fair_value": 9.846061, "relative_strength": -4.007285, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.77033, "energy": 23.64128, "activity_lines": [ 9.899667, 9.911255, 9.905823, 9.91045 ] }, { "date": "2026-07-24", "close": 9.812, "volume": 4062, "typical_volume": 3315.4, "trend": 9.913884, "fair_value": 9.845779, "relative_strength": -4.669216, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -75.636569, "energy": 62.425423, "activity_lines": [ 9.867133, 9.894273, 9.896652, 9.903577 ] }, { "date": "2026-07-31", "close": 9.812, "volume": 0, "typical_volume": 3315.4, "trend": 9.909238, "fair_value": 9.845502, "relative_strength": -5.931957, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.968824, "energy": 91.968972, "activity_lines": [ 9.8422, 9.877418, 9.88807, 9.897004 ] }, { "date": "2026-08-07", "close": 9.812, "volume": 0, "typical_volume": 3315.4, "trend": 9.904591, "fair_value": 9.84523, "relative_strength": -7.886725, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.769944, "energy": 91.779412, "activity_lines": [ 9.824867, 9.860691, 9.880076, 9.89073 ] } ], "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." } } }