{ "ticker": { "uuid": "e894a37d-f994-4319-818a-36204de082fc", "symbol": "SXRS", "name": "iShares Diversified Commodity Swap UCITS ETF", "exchange": "GER", "country": "DE", "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": "^GDAXI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 80.171, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Re-acceleration watch", "architecture_gate": "up", "architecture_direction": 42.036, "architecture_energy": 37.64, "architecture_maturity": 32.027, "architecture_confidence": 55.947, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 42.19, "rotation_up": 65.49, "upward_expansion": 68.1, "deceleration": 63.07, "rotation_down": 9.48, "downward_expansion": 11.43 }, "activity_lines": [ 8.523933, 8.3888, 8.426995, 8.374871 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 8.463, "trend_reference": 8.191567, "distance_from_trend": 0.033136, "trend_direction": "Improving", "fair_value": 6.750622, "distance_from_fair_value": 0.253662, "fair_value_direction": "Weakening", "relative_strength": 4.050508, "relative_strength_direction": "Weakening", "price_momentum": 0.155516, "excess_performance": 0.090876, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.033136, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.065163, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.253662, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.064519, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.040505, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.17872, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.155516, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.850888, "read": "Supply-led" } ], "volume": { "latest": 669671, "relative_activity": 1.168603, "balance": 0.850888, "dry_up": 0.813375, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.030995, "annualized_volatility": 0.213876, "from_high_reference": -0.067335, "from_low_reference": 0.387605 }, "levels": { "trend_reference": 8.191567, "fair_value_reference": 6.750622, "structural_low": 7.127, "invalidation": "A sustained loss of 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14.039566, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.969537, "energy": 29.269117, "activity_lines": [ 8.4232, 8.339691, 8.421576, 8.326533 ] }, { "date": "2026-07-31", "close": 8.517, "volume": 370391, "typical_volume": 583152.9, "trend": 8.144533, "fair_value": 6.736596, "relative_strength": 7.971998, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.918602, "energy": 33.884146, "activity_lines": [ 8.500333, 8.366455, 8.426671, 8.354325 ] }, { "date": "2026-08-07", "close": 8.463, "volume": 669671, "typical_volume": 573052.45, "trend": 8.191567, "fair_value": 6.750622, "relative_strength": 4.050508, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 42.035719, "energy": 37.63989, "activity_lines": [ 8.523933, 8.3888, 8.426995, 8.374871 ] } ], "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." } } }