{ "ticker": { "uuid": "ce7f86d9-f299-46fb-b75f-203e5fbbb28e", "symbol": "FEUI", "name": "Fidelity Europe Quality Income UCITS ETF EUR Inc", "exchange": "GER", "country": "DE", "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": "^GDAXI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 84.457, "architecture_energy": 85.163, "architecture_maturity": 37.99, "architecture_confidence": 87.243, "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": 1.21, "rotation_up": 74.97, "upward_expansion": 96.78, "deceleration": 41.56, "rotation_down": 18.93, "downward_expansion": 18.78 }, "activity_lines": [ 7.458067, 7.398636, 7.259952, 7.146521 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Stable", "price_acceptance": 1.0 }, "latest_close": 7.552, "trend_reference": 7.025894, "distance_from_trend": 0.074881, "trend_direction": "Improving", "fair_value": 5.929754, "distance_from_fair_value": 0.273577, "fair_value_direction": "Improving", "relative_strength": 3.868514, "relative_strength_direction": "Weakening", "price_momentum": 0.099194, "excess_performance": 0.034554, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.074881, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.043444, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.273577, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.066461, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.038685, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.025485, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.099194, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.791739, "read": "Demand-led" } ], "volume": { "latest": 32139, "relative_activity": 1.379946, "balance": 1.791739, "dry_up": 1.202488, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.017217, "annualized_volatility": 0.129524, "from_high_reference": -0.003957, "from_low_reference": 0.262985 }, "levels": { "trend_reference": 7.025894, "fair_value_reference": 5.929754, "structural_low": 6.41596, "invalidation": "A 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"Established expansion", "gate": "up", "direction": 74.035366, "energy": 83.366779, "activity_lines": [ 7.375267, 7.312636, 7.173986, 7.079452 ] }, { "date": "2026-07-31", "close": 7.458, "volume": 46929, "typical_volume": 22899.65, "trend": 6.999243, "fair_value": 5.912404, "relative_strength": 5.61361, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.585107, "energy": 77.347585, "activity_lines": [ 7.407267, 7.3504, 7.214336, 7.11086 ] }, { "date": "2026-08-07", "close": 7.552, "volume": 32139, "typical_volume": 23290.05, "trend": 7.025894, "fair_value": 5.929754, "relative_strength": 3.868514, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.456611, "energy": 85.16326, "activity_lines": [ 7.458067, 7.398636, 7.259952, 7.146521 ] } ], "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." } } }