{ "ticker": { "uuid": "d66c5eed-cf11-4506-a381-8ef9e0ba5600", "symbol": "P500H", "name": "Amundi PEA S&P 500 Screened UCITS ETF - EUR Hedged Acc", "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": 91.842, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 84.424, "architecture_energy": 57.199, "architecture_maturity": 43.814, "architecture_confidence": 67.847, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 23.88, "rotation_up": 51.46, "upward_expansion": 79.44, "deceleration": 70.4, "rotation_down": 27.67, "downward_expansion": 8.44 }, "activity_lines": [ 47.703333, 47.494273, 47.064819, 46.2118 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 49.189999, "trend_reference": 45.3032, "distance_from_trend": 0.085795, "trend_direction": "Improving", "fair_value": 37.999996, "distance_from_fair_value": 0.294474, "fair_value_direction": "Improving", "relative_strength": 4.192721, "relative_strength_direction": "Weakening", "price_momentum": 0.108083, "excess_performance": 0.054771, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.085795, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.030271, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.294474, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.016181, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.041927, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.054155, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.108083, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.310378, "read": "Demand-led" } ], "volume": { "latest": 17456, "relative_activity": 0.443511, "balance": 1.310378, "dry_up": 1.533259, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.01959, "annualized_volatility": 0.131903, "from_high_reference": -0.005861, "from_low_reference": 0.224454 }, "levels": { "trend_reference": 45.3032, "fair_value_reference": 37.999996, "structural_low": 40.173, "invalidation": "A 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"relative_strength": 5.675376, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.989787, "energy": 59.230748, "activity_lines": [ 47.39, 47.331236, 46.301819, 45.574365 ] }, { "date": "2026-07-17", "close": 46.845001, "volume": 31740, "typical_volume": 36331.85, "trend": 44.9453, "fair_value": 37.658246, "relative_strength": 4.135508, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.523519, "energy": 50.483388, "activity_lines": [ 47.213667, 47.260473, 46.459067, 45.704002 ] }, { "date": "2026-07-24", "close": 46.755001, "volume": 149126, "typical_volume": 40662.4, "trend": 45.0353, "fair_value": 37.76356, "relative_strength": 3.356776, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.592675, "energy": 42.515977, "activity_lines": [ 47.035001, 47.169582, 46.594286, 45.820757 ] }, { "date": "2026-07-31", "close": 47.049999, "volume": 43066, "typical_volume": 40483.7, "trend": 45.143533, "fair_value": 37.873394, "relative_strength": 2.221407, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.984436, "energy": 34.072877, "activity_lines": [ 47.011, 47.136873, 46.739038, 45.950738 ] }, { "date": "2026-08-07", "close": 49.189999, "volume": 17456, "typical_volume": 39358.65, "trend": 45.3032, "fair_value": 37.999996, "relative_strength": 4.192721, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 84.423833, "energy": 57.199074, "activity_lines": [ 47.703333, 47.494273, 47.064819, 46.2118 ] } ], "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." } } }