{ "ticker": { "uuid": "d8858860-1c68-4ad5-b8cd-cb864d9711c8", "symbol": "DSB", "name": "Amundi German Bund Daily (-2x) Inverse 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 74.128, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 59.167, "architecture_energy": 67.66, "architecture_maturity": 5.625, "architecture_confidence": 68.5, "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": 22.69, "rotation_up": 72.13, "upward_expansion": 87.89, "deceleration": 45.27, "rotation_down": 11.18, "downward_expansion": 16.89 }, "activity_lines": [ 45.661334, 45.220873, 45.039071, 44.88215 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 45.48, "trend_reference": 44.5748, "distance_from_trend": 0.020307, "trend_direction": "Improving", "fair_value": 41.806934, "distance_from_fair_value": 0.087858, "fair_value_direction": "Improving", "relative_strength": -3.498712, "relative_strength_direction": "Weakening", "price_momentum": 0.040542, "excess_performance": -0.01277, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.020307, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.010477, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.087858, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.003108, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.034987, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.051521, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.040542, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.246452, "read": "Demand-led" } ], "volume": { "latest": 1208, "relative_activity": 0.350633, "balance": 1.246452, "dry_up": 0.994064, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.016504, "annualized_volatility": 0.106287, "from_high_reference": -0.014304, "from_low_reference": 0.083993 }, "levels": { "trend_reference": 44.5748, "fair_value_reference": 41.806934, "structural_low": 42.431, "invalidation": 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"regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.030098, "energy": 19.234411, "activity_lines": [ 44.755333, 44.690599, 44.788261, 44.626378 ] }, { "date": "2026-07-24", "close": 45.834999, "volume": 4832, "typical_volume": 4255.6, "trend": 44.455733, "fair_value": 41.732883, "relative_strength": 1.018743, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 59.063988, "energy": 48.005578, "activity_lines": [ 45.180999, 44.882763, 44.885466, 44.718974 ] }, { "date": "2026-07-31", "close": 46.025002, "volume": 989, "typical_volume": 3946.3, "trend": 44.520033, "fair_value": 41.772786, "relative_strength": -0.101398, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.966383, "energy": 68.793332, "activity_lines": [ 45.590334, 45.1106, 44.991342, 44.820217 ] }, { "date": "2026-08-07", "close": 45.48, "volume": 1208, "typical_volume": 3445.2, "trend": 44.5748, "fair_value": 41.806934, "relative_strength": -3.498712, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.167096, "energy": 67.660032, "activity_lines": [ 45.661334, 45.220873, 45.039071, 44.88215 ] } ], "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." } } }