{ "ticker": { "uuid": "c4a46a9a-eb67-40cc-90b6-ff337d05261e", "symbol": "DB36", "name": "Xtrackers - S&P ASX 200 UCITS ETF", "exchange": "VIE", "country": "AT", "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": "^ATX", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 87.61, "architecture_energy": 80.944, "architecture_maturity": 9.613, "architecture_confidence": 54.277, "architecture_tenure": "New", "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": 9.16, "rotation_up": 80.41, "upward_expansion": 92.25, "deceleration": 42.01, "rotation_down": 9.51, "downward_expansion": 16.59 }, "activity_lines": [ 45.465333, 44.885272, 44.483476, 44.179092 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 46.814999, "trend_reference": 43.745806, "distance_from_trend": 0.07016, "trend_direction": "Improving", "fair_value": 38.440347, "distance_from_fair_value": 0.217861, "fair_value_direction": "Improving", "relative_strength": -9.552059, "relative_strength_direction": "Weakening", "price_momentum": 0.108557, "excess_performance": -0.06569, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.07016, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.036913, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.217861, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.038306, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.095521, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.015714, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.108557, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.5, "read": "Supply-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 0.5, "dry_up": 0.0, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.021361, "annualized_volatility": 0.158476, "from_high_reference": -0.001067, "from_low_reference": 0.222984 }, "levels": { "trend_reference": 43.745806, "fair_value_reference": 38.440347, "structural_low": 41.205002, "invalidation": "A 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"activity_lines": [ 44.124001, 44.080909, 43.967048, 43.750344 ] }, { "date": "2026-07-24", "close": 44.709999, "volume": 0, "typical_volume": 287.55, "trend": 43.376902, "fair_value": 38.268871, "relative_strength": -11.605799, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 62.672389, "energy": 38.888919, "activity_lines": [ 44.319333, 44.209636, 44.062643, 43.845204 ] }, { "date": "2026-07-31", "close": 45.279999, "volume": 0, "typical_volume": 287.55, "trend": 43.542841, "fair_value": 38.348344, "relative_strength": -10.158797, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.372757, "energy": 55.146171, "activity_lines": [ 44.69, 44.422091, 44.205214, 43.967985 ] }, { "date": "2026-08-07", "close": 46.814999, "volume": 0, "typical_volume": 287.55, "trend": 43.745806, "fair_value": 38.440347, "relative_strength": -9.552059, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.609525, "energy": 80.943988, "activity_lines": [ 45.465333, 44.885272, 44.483476, 44.179092 ] } ], "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." } } }