{ "ticker": { "uuid": "e12a5274-755b-477c-8832-5c67335c5066", "symbol": "EQQS", "name": "Invesco NASDAQ-100 Swap UCITS ETF Acc", "exchange": "EBS", "country": "CH", "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": "^SSMI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 92.252, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 52.32, "architecture_energy": 30.491, "architecture_maturity": 68.606, "architecture_confidence": 89.722, "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": 29.28, "rotation_up": 32.68, "upward_expansion": 61.94, "deceleration": 85.48, "rotation_down": 29.7, "downward_expansion": 20.94 }, "activity_lines": [ 90.745999, 91.331999, 90.872857, 88.22714 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 93.059998, "trend_reference": 84.980667, "distance_from_trend": 0.095073, "trend_direction": "Improving", "fair_value": 66.64109, "distance_from_fair_value": 0.396436, "fair_value_direction": "Weakening", "relative_strength": 2.770705, "relative_strength_direction": "Weakening", "price_momentum": 0.204348, "excess_performance": 0.121465, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.095073, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.053401, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.396436, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.051993, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.027707, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.126326, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.204348, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.678951, "read": "Demand-led" } ], "volume": { "latest": 77605, "relative_activity": 2.487671, "balance": 3.678951, "dry_up": 1.182802, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.030634, "annualized_volatility": 0.199949, "from_high_reference": -0.021348, "from_low_reference": 0.293218 }, "levels": { "trend_reference": 84.980667, "fair_value_reference": 66.64109, "structural_low": 72.669998, "invalidation": "A 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92.950181, 89.525619, 86.647011 ] }, { "date": "2026-07-17", "close": 89.989998, "volume": 40663, "typical_volume": 28229.95, "trend": 83.943333, "fair_value": 65.819391, "relative_strength": 0.883672, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.136666, "energy": 45.974002, "activity_lines": [ 91.927332, 92.451817, 89.924571, 87.060559 ] }, { "date": "2026-07-24", "close": 88.330002, "volume": 6228, "typical_volume": 27704.75, "trend": 84.236333, "fair_value": 66.074199, "relative_strength": -0.891929, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.177789, "energy": 33.347375, "activity_lines": [ 90.555333, 91.669999, 90.106619, 87.34357 ] }, { "date": "2026-07-31", "close": 89.43, "volume": 23098, "typical_volume": 28120.4, "trend": 84.558333, "fair_value": 66.341859, "relative_strength": 0.203215, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.843718, "energy": 26.709885, "activity_lines": [ 89.990666, 91.147818, 90.347667, 87.678645 ] }, { "date": "2026-08-07", "close": 93.059998, "volume": 77605, "typical_volume": 31195.85, "trend": 84.980667, "fair_value": 66.64109, "relative_strength": 2.770705, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.320103, "energy": 30.491033, "activity_lines": [ 90.745999, 91.331999, 90.872857, 88.22714 ] } ], "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." } } }