{ "ticker": { "uuid": "d54e1b81-724d-431e-9e5c-20031e8c32da", "symbol": "E40", "name": "BNP Paribas Easy CAC 40 ESG UCITS ETF", "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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 81.41, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 81.664, "architecture_energy": 63.192, "architecture_maturity": 19.776, "architecture_confidence": 87.933, "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": 18.51, "rotation_up": 58.1, "upward_expansion": 81.95, "deceleration": 55.41, "rotation_down": 21.88, "downward_expansion": 10.95 }, "activity_lines": [ 13.7792, 13.705782, 13.447067, 13.269015 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 14.144, "trend_reference": 13.132667, "distance_from_trend": 0.077009, "trend_direction": "Improving", "fair_value": 12.127618, "distance_from_fair_value": 0.166264, "fair_value_direction": "Improving", "relative_strength": 1.116707, "relative_strength_direction": "Improving", "price_momentum": 0.072328, "excess_performance": 0.019016, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.077009, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.012624, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.166264, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.086193, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.011167, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.022446, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.072328, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.56893, "read": "Demand-led" } ], "volume": { "latest": 161784, "relative_activity": 2.743152, "balance": 2.56893, "dry_up": 1.481635, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.023832, "annualized_volatility": 0.184841, "from_high_reference": -0.003944, "from_low_reference": 0.207444 }, "levels": { "trend_reference": 13.132667, "fair_value_reference": 12.127618, "structural_low": 11.714, "invalidation": 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"2026-07-10", "close": 13.552, "volume": 44102, "typical_volume": 56590.45, "trend": 13.069867, "fair_value": 12.05947, "relative_strength": 1.252197, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.517744, "energy": 73.732028, "activity_lines": [ 13.661067, 13.474655, 13.179629, 13.105953 ] }, { "date": "2026-07-17", "close": 13.524, "volume": 25134, "typical_volume": 55483.65, "trend": 13.081533, "fair_value": 12.074755, "relative_strength": 1.034396, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.011056, "energy": 66.228196, "activity_lines": [ 13.625867, 13.517236, 13.230695, 13.135252 ] }, { "date": "2026-07-24", "close": 13.496, "volume": 81481, "typical_volume": 55794.45, "trend": 13.094, "fair_value": 12.089389, "relative_strength": 0.430981, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.618658, "energy": 46.412241, "activity_lines": [ 13.5752, 13.542909, 13.279829, 13.161991 ] }, { "date": "2026-07-31", "close": 13.72, "volume": 81133, "typical_volume": 54724.95, "trend": 13.111133, "fair_value": 12.107192, "relative_strength": 0.45935, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.093382, "energy": 42.629393, "activity_lines": [ 13.608933, 13.593055, 13.346257, 13.202378 ] }, { "date": "2026-08-07", "close": 14.144, "volume": 161784, "typical_volume": 58977.4, "trend": 13.132667, "fair_value": 12.127618, "relative_strength": 1.116707, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.664243, "energy": 63.192435, "activity_lines": [ 13.7792, 13.705782, 13.447067, 13.269015 ] } ], "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." } } }