{ "ticker": { "uuid": "fc8d854f-16bc-46d6-93f4-5a7e9b58a09a", "symbol": "EWRD", "name": "BNPP EASY MSCI World SRI", "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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 95.219, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 91.018, "architecture_energy": 71.903, "architecture_maturity": 62.718, "architecture_confidence": 73.457, "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": 21.17, "rotation_up": 57.61, "upward_expansion": 83.0, "deceleration": 68.31, "rotation_down": 28.27, "downward_expansion": 12.0 }, "activity_lines": [ 22.255333, 22.151273, 21.872924, 21.493372 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 22.844999, "trend_reference": 21.103067, "distance_from_trend": 0.082544, "trend_direction": "Improving", "fair_value": 19.50463, "distance_from_fair_value": 0.17126, "fair_value_direction": "Improving", "relative_strength": -0.143758, "relative_strength_direction": "Weakening", "price_momentum": 0.118756, "excess_performance": 0.035873, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.082544, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.032433, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.17126, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.055408, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.001438, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.034848, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.118756, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.244954, "read": "Demand-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 3.244954, "dry_up": 0.486114, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.013368, "annualized_volatility": 0.136323, "from_high_reference": 0.0, "from_low_reference": 0.200347 }, "levels": { "trend_reference": 21.103067, "fair_value_reference": 19.50463, "structural_low": 19.032, "invalidation": "A sustained 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-2.718024, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.136715, "energy": 83.387699, "activity_lines": [ 22.084334, 21.999728, 21.575043, 21.255234 ] }, { "date": "2026-07-24", "close": 21.889999, "volume": 0, "typical_volume": 1567.85, "trend": 20.9829, "fair_value": 19.450472, "relative_strength": -3.114997, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.219055, "energy": 69.25393, "activity_lines": [ 22.033333, 22.001818, 21.65251, 21.316951 ] }, { "date": "2026-07-31", "close": 21.905001, "volume": 0, "typical_volume": 1110.85, "trend": 21.032567, "fair_value": 19.473411, "relative_strength": -3.024152, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.029636, "energy": 56.343467, "activity_lines": [ 21.991334, 21.994819, 21.72331, 21.376441 ] }, { "date": "2026-08-07", "close": 22.844999, "volume": 0, "typical_volume": 1110.85, "trend": 21.103067, "fair_value": 19.50463, "relative_strength": -0.143758, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.01794, "energy": 71.902784, "activity_lines": [ 22.255333, 22.151273, 21.872924, 21.493372 ] } ], "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." } } }