{ "ticker": { "uuid": "e464329c-4687-4538-905d-8ffb86a12c91", "symbol": "TPHC", "name": "Amundi Index Solutions - Amundi Japan Topix UCITS ETF-C CHF Hedged", "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": 94.344, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 72.843, "architecture_energy": 47.731, "architecture_maturity": 84.527, "architecture_confidence": 63.83, "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": 22.97, "rotation_up": 47.43, "upward_expansion": 76.12, "deceleration": 68.66, "rotation_down": 28.8, "downward_expansion": 11.79 }, "activity_lines": [ 154.026667, 153.885092, 151.777906, 149.398323 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 156.240005, "trend_reference": 146.544001, "distance_from_trend": 0.066164, "trend_direction": "Improving", "fair_value": 112.060385, "distance_from_fair_value": 0.394248, "fair_value_direction": "Improving", "relative_strength": 2.782221, "relative_strength_direction": "Weakening", "price_momentum": 0.088174, "excess_performance": 0.005291, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.066164, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.05596, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.394248, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.009119, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.027822, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.09933, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.088174, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.23982, "read": "Demand-led" } ], "volume": { "latest": 5863, "relative_activity": 5.184137, "balance": 1.23982, "dry_up": 2.598258, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.022175, "annualized_volatility": 0.16093, "from_high_reference": -0.007874, "from_low_reference": 0.345505 }, "levels": { "trend_reference": 146.544001, "fair_value_reference": 112.060385, "structural_low": 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"typical_volume": 930.35, "trend": 143.794668, "fair_value": 110.289744, "relative_strength": 5.604018, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.732892, "energy": 90.007316, "activity_lines": [ 154.688004, 153.072366, 149.389716, 147.192646 ] }, { "date": "2026-07-17", "close": 150.759995, "volume": 0, "typical_volume": 892.4, "trend": 144.446001, "fair_value": 110.718782, "relative_strength": 1.226828, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.437594, "energy": 60.958405, "activity_lines": [ 153.628001, 152.911637, 149.784763, 147.642022 ] }, { "date": "2026-07-24", "close": 154.220001, "volume": 122, "typical_volume": 840.7, "trend": 145.211334, "fair_value": 111.161026, "relative_strength": 3.408593, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.188258, "energy": 58.553953, "activity_lines": [ 153.665334, 153.314546, 150.504858, 148.272603 ] }, { "date": "2026-07-31", "close": 152.339996, "volume": 5769, "typical_volume": 967.7, "trend": 145.920001, "fair_value": 111.602116, "relative_strength": 1.794118, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.253575, "energy": 41.891462, "activity_lines": [ 153.170665, 153.275636, 150.990382, 148.732517 ] }, { "date": "2026-08-07", "close": 156.240005, "volume": 5863, "typical_volume": 1130.95, "trend": 146.544001, "fair_value": 112.060385, "relative_strength": 2.782221, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.842775, "energy": 47.730871, "activity_lines": [ 154.026667, 153.885092, 151.777906, 149.398323 ] } ], "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." } } }