{ "ticker": { "uuid": "de61f6a6-4fd7-43bb-a680-ad274ae5902b", "symbol": "INDW", "name": "Amundi ETF ICAV - Amundi S&P World Industrials Screened UCITS ETF 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": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 78.082, "architecture_energy": 56.221, "architecture_maturity": 83.559, "architecture_confidence": 57.452, "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": 17.96, "rotation_up": 49.83, "upward_expansion": 75.23, "deceleration": 71.42, "rotation_down": 28.38, "downward_expansion": 13.23 }, "activity_lines": [ 18.762934, 18.727637, 18.422686, 18.092219 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 19.122, "trend_reference": 17.6877, "distance_from_trend": 0.08109, "trend_direction": "Improving", "fair_value": 14.590808, "distance_from_fair_value": 0.310551, "fair_value_direction": "Improving", "relative_strength": 6.714164, "relative_strength_direction": "Weakening", "price_momentum": 0.109873, "excess_performance": 0.056562, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.08109, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.058641, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.310551, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.718116, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.067142, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.051578, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.109873, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.472245, "read": "Supply-led" } ], "volume": { "latest": 17246, "relative_activity": 0.393212, "balance": 0.472245, "dry_up": 0.208154, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.021908, "annualized_volatility": 0.145513, "from_high_reference": -0.003855, "from_low_reference": 0.284649 }, "levels": { "trend_reference": 17.6877, "fair_value_reference": 14.590808, "structural_low": 15.873, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 35, "median_return": 0.004771, "positive_rate": 0.542857, "directional_follow_through": 0.542857, "median_excess_return": -0.000342, "regime_survival": 0.628571, "best_return": 0.060664, "worst_return": -0.9733, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.007645, "positive_rate": 0.615385, "directional_follow_through": 0.615385, "median_excess_return": -0.000911, "regime_survival": 0.461538, "best_return": 0.124646, "worst_return": -0.973077, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.018712, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": -0.036867, "regime_survival": 0.428571, "best_return": 0.155122, "worst_return": -0.973111, "sufficient": true }, { "horizon": "Full 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8.651003, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.404838, "energy": 81.453461, "activity_lines": [ 18.724267, 18.548818, 18.147314, 17.844886 ] }, { "date": "2026-07-24", "close": 18.768, "volume": 2772, "typical_volume": 43801.75, "trend": 17.502033, "fair_value": 14.498974, "relative_strength": 9.46736, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.027099, "energy": 62.078245, "activity_lines": [ 18.728667, 18.6214, 18.245814, 17.933002 ] }, { "date": "2026-07-31", "close": 18.440001, "volume": 12592, "typical_volume": 43232.3, "trend": 17.5921, "fair_value": 14.542385, "relative_strength": 5.630021, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.248596, "energy": 48.264229, "activity_lines": [ 18.620934, 18.617946, 18.305872, 17.993516 ] }, { "date": "2026-08-07", "close": 19.122, "volume": 17246, "typical_volume": 43859.25, "trend": 17.6877, "fair_value": 14.590808, "relative_strength": 6.714164, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.081566, "energy": 56.221282, "activity_lines": [ 18.762934, 18.727637, 18.422686, 18.092219 ] } ], "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." } } }