{ "ticker": { "uuid": "c96d1ce1-70ef-4220-bacf-3d52c8448edd", "symbol": "TPHC", "name": "Amundi Index Solutions - Amundi Japan Topix UCITS ETF-C CHF Hedged", "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": 92.889, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 61.646, "architecture_energy": 43.664, "architecture_maturity": 86.989, "architecture_confidence": 63.247, "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": 21.82, "rotation_up": 46.82, "upward_expansion": 69.87, "deceleration": 62.55, "rotation_down": 26.93, "downward_expansion": 17.54 }, "activity_lines": [ 153.846669, 153.94735, 151.994943, 149.62261 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 155.740005, "trend_reference": 146.704829, "distance_from_trend": 0.061587, "trend_direction": "Improving", "fair_value": 111.86843, "distance_from_fair_value": 0.392171, "fair_value_direction": "Improving", "relative_strength": 6.011993, "relative_strength_direction": "Weakening", "price_momentum": 0.082429, "excess_performance": 0.029118, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.061587, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.05646, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.392171, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.005062, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.06012, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.089407, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.082429, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.681807, "read": "Supply-led" } ], "volume": { "latest": 2024, "relative_activity": 3.441884, "balance": 0.681807, "dry_up": 2.430916, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.02152, "annualized_volatility": 0.185459, "from_high_reference": -0.005301, "from_low_reference": 0.33903 }, "levels": { "trend_reference": 146.704829, "fair_value_reference": 111.86843, "structural_low": 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871.15, "trend": 145.463935, "fair_value": 110.982158, "relative_strength": 10.188526, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.208305, "energy": 58.390445, "activity_lines": [ 154.438003, 153.871034, 151.029966, 148.660098 ] }, { "date": "2026-07-31", "close": 150.75, "volume": 2264, "typical_volume": 637.75, "trend": 146.107129, "fair_value": 111.412616, "relative_strength": 5.432694, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.845282, "energy": 41.233755, "activity_lines": [ 153.224669, 153.471282, 151.306058, 149.001134 ] }, { "date": "2026-08-07", "close": 155.740005, "volume": 2024, "typical_volume": 588.05, "trend": 146.704829, "fair_value": 111.86843, "relative_strength": 6.011993, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.646228, "energy": 43.663684, "activity_lines": [ 153.846669, 153.94735, 151.994943, 149.62261 ] } ], "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." } } }