{ "ticker": { "uuid": "fb2a2e9c-98b8-4860-aac6-b4051607c6ef", "symbol": "BBVAE", "name": "Acci\u00f3n Eurostoxx 50 ETF Cotizado Armonizado FI", "exchange": "MCE", "country": "ES", "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": "^IBEX", "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": 78.173, "architecture_energy": 58.565, "architecture_maturity": 31.437, "architecture_confidence": 81.686, "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": 10.13, "rotation_up": 59.91, "upward_expansion": 82.42, "deceleration": 55.06, "rotation_down": 22.08, "downward_expansion": 9.09 }, "activity_lines": [ 64.983335, 64.508547, 63.104477, 61.93849 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 66.550003, "trend_reference": 60.813419, "distance_from_trend": 0.094331, "trend_direction": "Improving", "fair_value": 51.099739, "distance_from_fair_value": 0.302355, "fair_value_direction": "Improving", "relative_strength": -2.97677, "relative_strength_direction": "Improving", "price_momentum": 0.109261, "excess_performance": -0.01517, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.094331, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.038683, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.302355, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.086895, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.029768, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.016731, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.109261, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 18.198859, "read": "Demand-led" } ], "volume": { "latest": 12833, "relative_activity": 0.234874, "balance": 18.198859, "dry_up": 0.283188, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.031012, "annualized_volatility": 0.178401, "from_high_reference": -0.003295, "from_low_reference": 0.262335 }, "levels": { "trend_reference": 60.813419, "fair_value_reference": 51.099739, "structural_low": 53.830002, 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"relative_strength": -4.243099, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.291766, "energy": 52.520672, "activity_lines": [ 63.966667, 63.659819, 62.194429, 61.269856 ] }, { "date": "2026-07-31", "close": 64.790001, "volume": 31176, "typical_volume": 55104.8, "trend": 60.593255, "fair_value": 50.935189, "relative_strength": -3.828969, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.627295, "energy": 46.779801, "activity_lines": [ 64.230668, 63.956183, 62.583715, 61.554183 ] }, { "date": "2026-08-07", "close": 66.550003, "volume": 12833, "typical_volume": 54637.8, "trend": 60.813419, "fair_value": 51.099739, "relative_strength": -2.97677, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.172638, "energy": 58.564765, "activity_lines": [ 64.983335, 64.508547, 63.104477, 61.93849 ] } ], "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." } } }