{ "ticker": { "uuid": "f82b8f9a-ce01-465a-9309-73257f0c7c02", "symbol": "AGED", "name": "iShares Ageing Population UCITS ETF USD (Acc)", "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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "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": 90.089, "architecture_energy": 94.493, "architecture_maturity": 28.496, "architecture_confidence": 77.593, "architecture_tenure": "Developing", "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": 3.33, "rotation_up": 81.78, "upward_expansion": 97.12, "deceleration": 42.07, "rotation_down": 12.41, "downward_expansion": 21.46 }, "activity_lines": [ 10.722933, 10.574509, 10.274262, 10.077174 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 10.94, "trend_reference": 9.8897, "distance_from_trend": 0.106201, "trend_direction": "Improving", "fair_value": 8.120449, "distance_from_fair_value": 0.347216, "fair_value_direction": "Improving", "relative_strength": 2.931043, "relative_strength_direction": "Weakening", "price_momentum": 0.120213, "excess_performance": 0.03733, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.106201, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.034228, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.347216, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.083082, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.02931, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.018559, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.120213, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.319535, "read": "Demand-led" } ], "volume": { "latest": 43627, "relative_activity": 3.170083, "balance": 2.319535, "dry_up": 2.144585, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.017775, "annualized_volatility": 0.150741, "from_high_reference": -0.00146, "from_low_reference": 0.274316 }, "levels": { "trend_reference": 9.8897, "fair_value_reference": 8.120449, "structural_low": 8.946, "invalidation": "A 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"upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.459399, "energy": 92.352419, "activity_lines": [ 10.527333, 10.299418, 10.030467, 9.903667 ] }, { "date": "2026-07-24", "close": 10.55, "volume": 4829, "typical_volume": 10695.7, "trend": 9.817267, "fair_value": 8.067955, "relative_strength": 0.909404, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.424491, "energy": 88.567754, "activity_lines": [ 10.570133, 10.375309, 10.101519, 9.95292 ] }, { "date": "2026-07-31", "close": 10.656, "volume": 30302, "typical_volume": 11861.4, "trend": 9.8528, "fair_value": 8.093019, "relative_strength": 1.722696, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.059694, "energy": 89.358686, "activity_lines": [ 10.615733, 10.456745, 10.177895, 10.007032 ] }, { "date": "2026-08-07", "close": 10.94, "volume": 43627, "typical_volume": 13762.1, "trend": 9.8897, "fair_value": 8.120449, "relative_strength": 2.931043, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.088627, "energy": 94.492583, "activity_lines": [ 10.722933, 10.574509, 10.274262, 10.077174 ] } ], "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." } } }