{ "ticker": { "uuid": "f04c4fcc-8931-4252-9339-fb528d76931f", "symbol": "PUST", "name": "Amundi PEA Nasdaq-100 UCITS ETF Acc", "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": 46.809, "architecture_energy": 30.497, "architecture_maturity": 68.963, "architecture_confidence": 91.72, "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": 28.31, "rotation_up": 31.32, "upward_expansion": 62.1, "deceleration": 85.49, "rotation_down": 31.08, "downward_expansion": 21.1 }, "activity_lines": [ 100.788001, 101.817455, 101.001286, 97.811033 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 103.18, "trend_reference": 93.839, "distance_from_trend": 0.099543, "trend_direction": "Improving", "fair_value": 76.672547, "distance_from_fair_value": 0.345723, "fair_value_direction": "Weakening", "relative_strength": 7.049515, "relative_strength_direction": "Weakening", "price_momentum": 0.218613, "excess_performance": 0.165302, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.099543, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.059438, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.345723, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.017516, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.070495, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.094526, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.218613, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.632369, "read": "Demand-led" } ], "volume": { "latest": 266753, "relative_activity": 1.660425, "balance": 1.632369, "dry_up": 1.263327, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.034741, "annualized_volatility": 0.187252, "from_high_reference": -0.030081, "from_low_reference": 0.307234 }, "levels": { "trend_reference": 93.839, "fair_value_reference": 76.672547, "structural_low": 80.720001, "invalidation": "A 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"typical_volume": 148893.4, "trend": 92.962334, "fair_value": 76.092034, "relative_strength": 8.339036, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.112051, "energy": 39.927014, "activity_lines": [ 101.649333, 102.658182, 100.272286, 96.861011 ] }, { "date": "2026-07-31", "close": 97.860001, "volume": 255792, "typical_volume": 152726.8, "trend": 93.352334, "fair_value": 76.361137, "relative_strength": 4.229634, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.65725, "energy": 27.572876, "activity_lines": [ 100.156, 101.712364, 100.412429, 97.17699 ] }, { "date": "2026-08-07", "close": 103.18, "volume": 266753, "typical_volume": 160653.4, "trend": 93.839, "fair_value": 76.672547, "relative_strength": 7.049515, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.808988, "energy": 30.497069, "activity_lines": [ 100.788001, 101.817455, 101.001286, 97.811033 ] } ], "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." } } }