{
  "ticker": {
    "uuid": "dba8472f-9ac4-4735-b812-1ae649b5c6c1",
    "symbol": "IBE7",
    "name": "iShares V PLC - iShares iBonds Dec 2027 Term \u20ac Corp 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": 96.0,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Upper balance after advance",
    "architecture_gate": "mixed",
    "architecture_direction": 37.724,
    "architecture_energy": 32.061,
    "architecture_maturity": 7.433,
    "architecture_confidence": 49.457,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 39.24,
        "rotation_up": 46.13,
        "upward_expansion": 48.28,
        "deceleration": 39.72,
        "rotation_down": 28.97,
        "downward_expansion": 11.28
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      "activity_lines": [
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        5.125142
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      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
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    "trend_direction": "Improving",
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    "fair_value_direction": "Improving",
    "relative_strength": -6.248435,
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        "read": "Above"
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        "label": "Trend direction",
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        "read": "Rising"
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        "label": "Price vs current Fair Value",
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        "read": "Premium"
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        "label": "Fair Value direction",
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        "value": 0.003397,
        "read": "Closing upward"
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        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.062484,
        "read": "Lagging"
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      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.047631,
        "read": "Weakening"
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      {
        "label": "Price momentum",
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        "value": -0.000698,
        "read": "Negative"
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        "label": "Volume balance",
        "positive": true,
        "value": 11.753964,
        "read": "Demand-led"
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      "accumulation_observations": 3,
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      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
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        "energy": 16.979372,
        "activity_lines": [
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      },
      {
        "date": "2026-03-27",
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        "typical_volume": 4965.75,
        "trend": 5.117927,
        "fair_value": 4.960518,
        "relative_strength": 3.070708,
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        "modifier": "Recompressing",
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      },
      {
        "date": "2026-04-03",
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        "modifier": "Recompressing",
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        "energy": 34.40014,
        "activity_lines": [
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      },
      {
        "date": "2026-04-10",
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        "modifier": "Recompressing",
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        "energy": 26.61021,
        "activity_lines": [
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      },
      {
        "date": "2026-04-17",
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        "gate": "mixed",
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      },
      {
        "date": "2026-04-24",
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      },
      {
        "date": "2026-05-01",
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        "typical_volume": 4685.15,
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        "activity_lines": [
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      },
      {
        "date": "2026-05-08",
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        "volume": 14054,
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      },
      {
        "date": "2026-05-15",
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        "trend": 5.120168,
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        "relative_strength": 0.488322,
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        "gate": "down",
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        "activity_lines": [
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      },
      {
        "date": "2026-05-22",
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        "volume": 24340,
        "typical_volume": 6204.6,
        "trend": 5.120019,
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        "relative_strength": -1.421735,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.110355,
        "energy": 45.885243,
        "activity_lines": [
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      },
      {
        "date": "2026-05-29",
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        "typical_volume": 5888.7,
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        "relative_strength": -1.947785,
        "stage": 3,
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        "modifier": "Early contraction",
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        "energy": 26.72462,
        "activity_lines": [
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      },
      {
        "date": "2026-06-05",
        "close": 5.116949,
        "volume": 3328,
        "typical_volume": 5766.35,
        "trend": 5.120415,
        "fair_value": 4.971744,
        "relative_strength": -2.327352,
        "stage": 3,
        "regime": "downward_expansion",
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        "gate": "down",
        "direction": -34.941235,
        "energy": 21.606328,
        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
        "close": 5.116949,
        "volume": 0,
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        "fair_value": 4.972827,
        "relative_strength": -3.729689,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
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      },
      {
        "date": "2026-06-19",
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        "fair_value": 4.974214,
        "relative_strength": -3.571592,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 47.248873,
        "energy": 45.216,
        "activity_lines": [
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      },
      {
        "date": "2026-06-26",
        "close": 5.129,
        "volume": 190,
        "typical_volume": 4794.55,
        "trend": 5.122994,
        "fair_value": 4.975352,
        "relative_strength": -3.600606,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 18.730146,
        "energy": 35.267944,
        "activity_lines": [
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          5.121734
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      },
      {
        "date": "2026-07-03",
        "close": 5.132,
        "volume": 4850,
        "typical_volume": 5037.05,
        "trend": 5.123546,
        "fair_value": 4.976495,
        "relative_strength": -4.783336,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 19.882916,
        "energy": 42.797408,
        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
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        "volume": 0,
        "typical_volume": 5037.05,
        "trend": 5.12412,
        "fair_value": 4.977622,
        "relative_strength": -2.75447,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 21.496919,
        "energy": 48.246182,
        "activity_lines": [
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          5.12286
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      },
      {
        "date": "2026-07-17",
        "close": 5.13,
        "volume": 6826,
        "typical_volume": 5346.35,
        "trend": 5.124628,
        "fair_value": 4.978719,
        "relative_strength": -2.69001,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 18.157879,
        "energy": 29.431845,
        "activity_lines": [
          5.1328,
          5.129789,
          5.1222,
          5.12324
        ]
      },
      {
        "date": "2026-07-24",
        "close": 5.131,
        "volume": 2690,
        "typical_volume": 5480.85,
        "trend": 5.125168,
        "fair_value": 4.979806,
        "relative_strength": -2.951031,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 18.211701,
        "energy": 22.957773,
        "activity_lines": [
          5.130933,
          5.130882,
          5.123227,
          5.123651
        ]
      },
      {
        "date": "2026-07-31",
        "close": 5.136,
        "volume": 1875,
        "typical_volume": 5504.75,
        "trend": 5.12571,
        "fair_value": 4.980914,
        "relative_strength": -4.219771,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 37.000051,
        "energy": 31.087507,
        "activity_lines": [
          5.132667,
          5.132431,
          5.124794,
          5.124349
        ]
      },
      {
        "date": "2026-08-07",
        "close": 5.138,
        "volume": 77675,
        "typical_volume": 9254.85,
        "trend": 5.126021,
        "fair_value": 4.98202,
        "relative_strength": -6.248435,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 37.723617,
        "energy": 32.061027,
        "activity_lines": [
          5.1346,
          5.133834,
          5.126508,
          5.125142
        ]
      }
    ],
    "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."
    }
  }
}