{ "ticker": { "uuid": "b70df1a0-327a-457a-888e-2a9241393fc2", "symbol": "VLED", "name": "BNP Paribas Easy Low Vol Europe UCITS ETF Dis", "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": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 86.646, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 87.544, "architecture_energy": 92.943, "architecture_maturity": 35.133, "architecture_confidence": 76.016, "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": 7.14, "rotation_up": 77.64, "upward_expansion": 97.33, "deceleration": 41.96, "rotation_down": 15.08, "downward_expansion": 21.66 }, "activity_lines": [ 172.101335, 170.846545, 167.902411, 166.037654 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 174.360001, "trend_reference": 163.846847, "distance_from_trend": 0.064165, "trend_direction": "Improving", "fair_value": 142.666408, "distance_from_fair_value": 0.222152, "fair_value_direction": "Improving", "relative_strength": 2.761215, "relative_strength_direction": "Weakening", "price_momentum": 0.108852, "excess_performance": 0.055541, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.064165, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.033274, "read": "Rising" 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"direction": 67.860881, "energy": 84.255901, "activity_lines": [ 170.171998, 168.102543, 165.479129, 164.177504 ] }, { "date": "2026-07-24", "close": 170.839996, "volume": 6, "typical_volume": 181.5, "trend": 162.724186, "fair_value": 141.98786, "relative_strength": 4.897857, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.096652, "energy": 86.674348, "activity_lines": [ 170.537331, 168.930907, 166.190354, 164.735917 ] }, { "date": "2026-07-31", "close": 171.820007, "volume": 36, "typical_volume": 123.85, "trend": 163.278901, "fair_value": 142.318462, "relative_strength": 3.768416, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.490571, "energy": 86.2201, "activity_lines": [ 170.976001, 169.729817, 166.953827, 165.322744 ] }, { "date": "2026-08-07", "close": 174.360001, "volume": 14, "typical_volume": 122.25, "trend": 163.846847, "fair_value": 142.666408, "relative_strength": 2.761215, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.543659, "energy": 92.942883, "activity_lines": [ 172.101335, 170.846545, 167.902411, 166.037654 ] } ], "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." } } }