{ "ticker": { "uuid": "e1a8a133-9b9c-4450-b202-4a408dcec55b", "symbol": "MMS", "name": "Amundi MSCI EMU Small Cap ESG Broad Transition UCITS ETF DIST", "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": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 68.352, "architecture_energy": 42.143, "architecture_maturity": 39.522, "architecture_confidence": 61.727, "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": 26.97, "rotation_up": 43.0, "upward_expansion": 72.21, "deceleration": 68.39, "rotation_down": 28.37, "downward_expansion": 10.21 }, "activity_lines": [ 441.993337, 441.64982, 438.985381, 431.497053 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 448.25, "trend_reference": 422.823333, "distance_from_trend": 0.060135, "trend_direction": "Improving", "fair_value": 370.668913, "distance_from_fair_value": 0.2093, "fair_value_direction": "Improving", "relative_strength": 3.18377, "relative_strength_direction": "Weakening", "price_momentum": 0.09551, "excess_performance": 0.042199, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.060135, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.045468, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.2093, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.021937, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.031838, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.055189, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.09551, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.456066, "read": "Demand-led" } ], "volume": { "latest": 2128, "relative_activity": 0.298056, "balance": 3.456066, "dry_up": 0.391794, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.022388, "annualized_volatility": 0.156397, "from_high_reference": -0.008625, "from_low_reference": 0.217905 }, "levels": { "trend_reference": 422.823333, "fair_value_reference": 370.668913, "structural_low": 368.049988, "invalidation": "A 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"trend": 414.906667, "fair_value": 367.866046, "relative_strength": 5.915992, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.908187, "energy": 55.101324, "activity_lines": [ 443.755994, 442.239451, 431.687759, 424.421783 ] }, { "date": "2026-07-10", "close": 436.950012, "volume": 1497, "typical_volume": 7887.2, "trend": 416.667, "fair_value": 368.418718, "relative_strength": 5.502349, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.376631, "energy": 42.194829, "activity_lines": [ 441.686666, 441.820181, 433.095046, 425.843934 ] }, { "date": "2026-07-17", "close": 436.100006, "volume": 5969, "typical_volume": 7804.65, "trend": 418.257333, "fair_value": 368.955871, "relative_strength": 5.188171, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.075699, "energy": 35.187098, "activity_lines": [ 439.503335, 441.044182, 434.316856, 427.097677 ] }, { "date": "2026-07-24", "close": 438.899994, "volume": 1348, "typical_volume": 7605.2, "trend": 419.957666, "fair_value": 369.506612, "relative_strength": 5.319983, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.576958, "energy": 32.945141, "activity_lines": [ 438.776666, 440.679454, 435.724713, 428.429461 ] }, { "date": "2026-07-31", "close": 440.700012, "volume": 1744, "typical_volume": 7421.85, "trend": 421.444666, "fair_value": 370.062811, "relative_strength": 3.956727, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.345806, "energy": 27.286249, "activity_lines": [ 439.223338, 440.475638, 437.117476, 429.767677 ] }, { "date": "2026-08-07", "close": 448.25, "volume": 2128, "typical_volume": 7139.6, "trend": 422.823333, "fair_value": 370.668913, "relative_strength": 3.18377, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.351902, "energy": 42.143433, "activity_lines": [ 441.993337, 441.64982, 438.985381, 431.497053 ] } ], "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." } } }