{ "ticker": { "uuid": "bd2e7825-30b2-4d27-8bdb-9a217a4b9540", "symbol": "UPAD", "name": "iShares S&P 500 Paris-Aligned Climate UCITS ETF USD Dist", "exchange": "LSE", "country": "GB", "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": "^FTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 92.379, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 91.255, "architecture_energy": 68.076, "architecture_maturity": 38.586, "architecture_confidence": 85.729, "architecture_tenure": "Developing", "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": 17.21, "rotation_up": 65.43, "upward_expansion": 86.41, "deceleration": 52.93, "rotation_down": 24.23, "downward_expansion": 10.75 }, "activity_lines": [ 8.964833, 8.893545, 8.810176, 8.644108 ], "activity_state": "Moderate", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 9.273, "trend_reference": 8.468619, "distance_from_trend": 0.094984, "trend_direction": "Improving", "fair_value": 7.169303, "distance_from_fair_value": 0.293431, "fair_value_direction": "Improving", "relative_strength": 2.5161, "relative_strength_direction": "Weakening", "price_momentum": 0.129259, "excess_performance": 0.078024, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.094984, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.023308, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.293431, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.02015, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.025161, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.003155, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.129259, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.454193, "read": "Demand-led" } ], "volume": { "latest": 3823, "relative_activity": 0.074985, "balance": 3.454193, "dry_up": 0.284961, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.01857, "annualized_volatility": 0.142816, "from_high_reference": 0.0, "from_low_reference": 0.230657 }, "levels": { "trend_reference": 8.468619, "fair_value_reference": 7.169303, "structural_low": 7.535, "invalidation": "A 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"fair_value": 7.122058, "relative_strength": -1.959264, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.396356, "energy": 46.413485, "activity_lines": [ 8.806333, 8.812855, 8.711795, 8.564279 ] }, { "date": "2026-07-31", "close": 8.8285, "volume": 3441, "typical_volume": 53290.7, "trend": 8.440621, "fair_value": 7.143943, "relative_strength": -2.125958, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.294517, "energy": 47.418242, "activity_lines": [ 8.816733, 8.812318, 8.742021, 8.590406 ] }, { "date": "2026-08-07", "close": 9.273, "volume": 3823, "typical_volume": 50983.35, "trend": 8.468619, "fair_value": 7.169303, "relative_strength": 2.5161, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.255006, "energy": 68.075876, "activity_lines": [ 8.964833, 8.893545, 8.810176, 8.644108 ] } ], "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." } } }