{ "ticker": { "uuid": "eb9ea446-53bb-493b-b1d8-f292d219332e", "symbol": "ENX", "name": "Euronext N.V.", "exchange": "PAR", "country": "FR", "assetType": "equity" }, "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": 85.436, "architecture_energy": 82.988, "architecture_maturity": 51.647, "architecture_confidence": 78.252, "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": 5.54, "rotation_up": 82.86, "upward_expansion": 95.64, "deceleration": 40.11, "rotation_down": 10.4, "downward_expansion": 17.64 }, "activity_lines": [ 155.766664, 151.810906, 147.474388, 143.99803 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 161.699997, "trend_reference": 138.13537, "distance_from_trend": 0.170591, "trend_direction": "Improving", "fair_value": 108.615186, "distance_from_fair_value": 0.488742, "fair_value_direction": "Improving", "relative_strength": 13.202082, "relative_strength_direction": "Improving", "price_momentum": 0.413316, "excess_performance": 0.360005, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.170591, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.06557, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.488742, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.149421, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.132021, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.122242, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.413316, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.497813, "read": "Demand-led" } ], "volume": { "latest": 837171, "relative_activity": 0.996677, "balance": 1.497813, "dry_up": 0.947493, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.042329, "annualized_volatility": 0.272863, "from_high_reference": -0.011614, "from_low_reference": 0.50197 }, "levels": { "trend_reference": 138.13537, "fair_value_reference": 108.615186, "structural_low": 114.020283, 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"relative_strength": 9.588095, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.752025, "energy": 47.829079, "activity_lines": [ 147.413331, 146.016178, 143.333206, 139.991232 ] }, { "date": "2026-07-24", "close": 149.0, "volume": 748951, "typical_volume": 895433.4, "trend": 135.549555, "fair_value": 107.371825, "relative_strength": 8.710335, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.418002, "energy": 52.71608, "activity_lines": [ 148.239998, 146.843999, 144.078078, 140.91297 ] }, { "date": "2026-07-31", "close": 158.399994, "volume": 896682, "typical_volume": 877236.85, "trend": 136.732002, "fair_value": 107.981732, "relative_strength": 13.66465, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.801881, "energy": 69.059719, "activity_lines": [ 152.053331, 149.138179, 145.672325, 142.387192 ] }, { "date": "2026-08-07", "close": 161.699997, "volume": 837171, "typical_volume": 839962.2, "trend": 138.13537, "fair_value": 108.615186, "relative_strength": 13.202082, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.436474, "energy": 82.988356, "activity_lines": [ 155.766664, 151.810906, 147.474388, 143.99803 ] } ], "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." } } }