{
  "ticker": {
    "symbol": "XUES",
    "name": "iShares MSCI World ex-USA UCITS ETF USD (Dist)",
    "exchange": "AMS"
  },
  "latest_week": "2026-07-24",
  "latest_close": 5.189,
  "latest_open": 5.161,
  "latest_high": 5.214,
  "latest_low": 5.132,
  "bar_count": 11,
  "analysis_bar_count": 11,
  "reversal_percent": 5.0,
  "pivots": [
    {
      "index": 0,
      "date": "2026-05-15",
      "price": 5.035,
      "kind": "low",
      "move_percent": null,
      "weeks": 0,
      "confirmed": true
    },
    {
      "index": 10,
      "date": "2026-07-24",
      "price": 5.189,
      "kind": "high",
      "move_percent": 3.0585898709036723,
      "weeks": 10,
      "confirmed": false
    }
  ],
  "cycle": {
    "phase": "falling",
    "trend_bias": "bearish",
    "oscillator": 0.0,
    "slope": 0.0,
    "dominant_period_weeks": 10,
    "weeks_since_turn": 0,
    "estimated_weeks_to_next_turn": 10,
    "series": [
      {
        "date": "2026-05-15",
        "value": null
      },
      {
        "date": "2026-05-22",
        "value": null
      },
      {
        "date": "2026-05-29",
        "value": null
      },
      {
        "date": "2026-06-05",
        "value": 0.0
      },
      {
        "date": "2026-06-12",
        "value": 0.0
      },
      {
        "date": "2026-06-19",
        "value": 0.0
      },
      {
        "date": "2026-06-26",
        "value": 0.0
      },
      {
        "date": "2026-07-03",
        "value": 0.0
      },
      {
        "date": "2026-07-10",
        "value": 0.0
      },
      {
        "date": "2026-07-17",
        "value": 0.0
      },
      {
        "date": "2026-07-24",
        "value": 0.0
      }
    ]
  },
  "hurst": {
    "status": "mixed",
    "phase": "neutral",
    "alignment_score": 50,
    "risk_score": 50,
    "trough_alignment": 0,
    "crest_alignment": 0,
    "nearest_trough_window": null,
    "nearest_crest_window": null,
    "cycles": [
      {
        "period": 10,
        "label": "10w",
        "phase": "neutral",
        "value": -0.9711523426693959,
        "slope": 0.0,
        "amplitude": 0.12,
        "weeks_since_trough": null,
        "weeks_since_crest": null,
        "projected_trough_window": null,
        "projected_crest_window": null,
        "series": [
          {
            "date": "2026-05-15",
            "value": null
          },
          {
            "date": "2026-05-22",
            "value": null
          },
          {
            "date": "2026-05-29",
            "value": null
          },
          {
            "date": "2026-06-05",
            "value": null
          },
          {
            "date": "2026-06-12",
            "value": null
          },
          {
            "date": "2026-06-19",
            "value": null
          },
          {
            "date": "2026-06-26",
            "value": null
          },
          {
            "date": "2026-07-03",
            "value": null
          },
          {
            "date": "2026-07-10",
            "value": null
          },
          {
            "date": "2026-07-17",
            "value": -1.0865429719918123
          },
          {
            "date": "2026-07-24",
            "value": -0.9711523426693959
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        ]
      },
      {
        "period": 20,
        "label": "20w",
        "phase": "warming",
        "value": null,
        "slope": 0.0,
        "amplitude": null,
        "weeks_since_trough": null,
        "weeks_since_crest": null,
        "projected_trough_window": null,
        "projected_crest_window": null,
        "series": [
          {
            "date": "2026-05-15",
            "value": null
          },
          {
            "date": "2026-05-22",
            "value": null
          },
          {
            "date": "2026-05-29",
            "value": null
          },
          {
            "date": "2026-06-05",
            "value": null
          },
          {
            "date": "2026-06-12",
            "value": null
          },
          {
            "date": "2026-06-19",
            "value": null
          },
          {
            "date": "2026-06-26",
            "value": null
          },
          {
            "date": "2026-07-03",
            "value": null
          },
          {
            "date": "2026-07-10",
            "value": null
          },
          {
            "date": "2026-07-17",
            "value": null
          },
          {
            "date": "2026-07-24",
            "value": null
          }
        ]
      },
      {
        "period": 40,
        "label": "40w",
        "phase": "warming",
        "value": null,
        "slope": 0.0,
        "amplitude": null,
        "weeks_since_trough": null,
        "weeks_since_crest": null,
        "projected_trough_window": null,
        "projected_crest_window": null,
        "series": [
          {
            "date": "2026-05-15",
            "value": null
          },
          {
            "date": "2026-05-22",
            "value": null
          },
          {
            "date": "2026-05-29",
            "value": null
          },
          {
            "date": "2026-06-05",
            "value": null
          },
          {
            "date": "2026-06-12",
            "value": null
          },
          {
            "date": "2026-06-19",
            "value": null
          },
          {
            "date": "2026-06-26",
            "value": null
          },
          {
            "date": "2026-07-03",
            "value": null
          },
          {
            "date": "2026-07-10",
            "value": null
          },
          {
            "date": "2026-07-17",
            "value": null
          },
          {
            "date": "2026-07-24",
            "value": null
          }
        ]
      },
      {
        "period": 80,
        "label": "80w",
        "phase": "warming",
        "value": null,
        "slope": 0.0,
        "amplitude": null,
        "weeks_since_trough": null,
        "weeks_since_crest": null,
        "projected_trough_window": null,
        "projected_crest_window": null,
        "series": [
          {
            "date": "2026-05-15",
            "value": null
          },
          {
            "date": "2026-05-22",
            "value": null
          },
          {
            "date": "2026-05-29",
            "value": null
          },
          {
            "date": "2026-06-05",
            "value": null
          },
          {
            "date": "2026-06-12",
            "value": null
          },
          {
            "date": "2026-06-19",
            "value": null
          },
          {
            "date": "2026-06-26",
            "value": null
          },
          {
            "date": "2026-07-03",
            "value": null
          },
          {
            "date": "2026-07-10",
            "value": null
          },
          {
            "date": "2026-07-17",
            "value": null
          },
          {
            "date": "2026-07-24",
            "value": null
          }
        ]
      }
    ],
    "composite": [
      {
        "date": "2026-05-15",
        "value": null
      },
      {
        "date": "2026-05-22",
        "value": null
      },
      {
        "date": "2026-05-29",
        "value": null
      },
      {
        "date": "2026-06-05",
        "value": null
      },
      {
        "date": "2026-06-12",
        "value": null
      },
      {
        "date": "2026-06-19",
        "value": null
      },
      {
        "date": "2026-06-26",
        "value": null
      },
      {
        "date": "2026-07-03",
        "value": null
      },
      {
        "date": "2026-07-10",
        "value": null
      },
      {
        "date": "2026-07-17",
        "value": -1.0865429719918123
      },
      {
        "date": "2026-07-24",
        "value": -0.9711523426693959
      }
    ]
  },
  "scenario": {
    "setup": "warming",
    "title": "Needs more weekly history",
    "direction": "neutral",
    "confidence": 20,
    "labels": [],
    "notes": [
      "At least 65 weekly bars gives the wave and cycle model enough context."
    ],
    "metrics": {}
  },
  "detail": {
    "summary": "The closing-price swing map is classified as needs more weekly history. 0 of 3 available confirmation measures are constructive.",
    "returns": [
      {
        "weeks": 4,
        "label": "4-week return",
        "value": 0.05784805244890308
      },
      {
        "weeks": 13,
        "label": "13-week return",
        "value": null
      },
      {
        "weeks": 26,
        "label": "26-week return",
        "value": null
      },
      {
        "weeks": 52,
        "label": "52-week return",
        "value": null
      }
    ],
    "range": {
      "high_52": 5.28,
      "low_52": 5.035,
      "position_52": 62.8571428571428,
      "drawdown": -1.723484848484852
    },
    "risk": {
      "annualised_volatility": 8.726512165246028,
      "average_weekly_range": 1.2529716463994036,
      "active_drawdown": -1.6676141747204865
    },
    "levels": {
      "support": {
        "index": 0,
        "date": "2026-05-15",
        "price": 5.035,
        "kind": "low",
        "move_percent": null,
        "weeks": 0,
        "confirmed": true
      },
      "resistance": null,
      "decisive": {
        "index": 0,
        "date": "2026-05-15",
        "price": 5.035,
        "kind": "low",
        "move_percent": null,
        "weeks": 0,
        "confirmed": true
      },
      "decisive_label": "Nearest confirmed structure level",
      "trend": null,
      "fair_value": 5.179691,
      "trend_gap": null,
      "fair_value_gap": 0.17972114552779328
    },
    "active_swing": {
      "from": {
        "index": 0,
        "date": "2026-05-15",
        "price": 5.035,
        "kind": "low",
        "move_percent": null,
        "weeks": 0,
        "confirmed": true
      },
      "to": {
        "index": 10,
        "date": "2026-07-24",
        "price": 5.189,
        "kind": "high",
        "move_percent": 3.0585898709036723,
        "weeks": 10,
        "confirmed": false
      },
      "move_percent": 3.0585898709036723,
      "weeks": 10,
      "status": "Forming"
    },
    "confirmation": {
      "rows": [
        {
          "label": "Trend",
          "status": "neutral",
          "value": "Unavailable",
          "explanation": "The 30-week trend line is not available."
        },
        {
          "label": "Cycle pressure",
          "status": "negative",
          "value": "Falling",
          "explanation": "The medium-term pressure curve is not rising."
        },
        {
          "label": "Cycle alignment",
          "status": "neutral",
          "value": "Mixed",
          "explanation": "Cycle lengths are not moving in one clear direction."
        },
        {
          "label": "Relative strength",
          "status": "neutral",
          "value": "Unavailable",
          "explanation": "The reading is neutral or unavailable."
        },
        {
          "label": "Market activity",
          "status": "neutral",
          "value": "Unavailable",
          "explanation": "The reading is neutral or unavailable."
        },
        {
          "label": "Market dynamics",
          "status": "neutral",
          "value": "+0.0",
          "explanation": "The reading is neutral or unavailable."
        },
        {
          "label": "30-week momentum",
          "status": "neutral",
          "value": "Unavailable",
          "explanation": "The reading is neutral or unavailable."
        }
      ],
      "positive": 0,
      "negative": 1,
      "neutral": 2,
      "observed": 3,
      "agreement": 33,
      "direction": "defensive",
      "scenario_direction": "neutral"
    },
    "evidence": {
      "score": 21,
      "history_score": 4,
      "indicator_coverage": 35,
      "structure_score": 17,
      "weekly_observations": 11,
      "confirmed_pivots": 1
    },
    "volume_ratio": null,
    "historical": {
      "available": false,
      "matches": 0,
      "horizons": [],
      "note": "At least 90 weekly observations are required."
    }
  },
  "chart": {
    "dates": [
      "2026-05-15",
      "2026-05-22",
      "2026-05-29",
      "2026-06-05",
      "2026-06-12",
      "2026-06-19",
      "2026-06-26",
      "2026-07-03",
      "2026-07-10",
      "2026-07-17",
      "2026-07-24"
    ],
    "close": [
      5.035,
      5.1425,
      5.1973,
      5.1248,
      5.203,
      5.215,
      5.186,
      5.277,
      5.235,
      5.172,
      5.189
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    "trend": [
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      null,
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      null
    ],
    "sma30": [
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      null,
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      null,
      null,
      null,
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      null,
      null
    ],
    "roc30": [
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      null,
      null,
      null,
      null,
      null,
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      null,
      null,
      null
    ],
    "drawdown": [
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      0.0,
      0.0,
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      0.0,
      0.0,
      -0.5560882070949169,
      0.0,
      -0.7959067652075007,
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      -1.6676141747204865
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    "volatility": [
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      null,
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      null,
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      8.860463981767799,
      9.198416520732716,
      8.726512165246028
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    "volumeRatio": [
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    ],
    "fairValue": [
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      5.08875,
      5.124933,
      5.1249,
      5.14052,
      5.152933,
      5.157657,
      5.172575,
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    ],
    "marketActivity": [
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      null,
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      null,
      null
    ],
    "marketDynamics": [
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      null,
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      0.0,
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      0.0,
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    ],
    "relativeStrength": [
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      null,
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      null
    ],
    "cycle": [
      {
        "date": "2026-05-15",
        "value": null
      },
      {
        "date": "2026-05-22",
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      },
      {
        "date": "2026-05-29",
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      },
      {
        "date": "2026-06-05",
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      },
      {
        "date": "2026-06-12",
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        "date": "2026-06-19",
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        "date": "2026-07-10",
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        "date": "2026-07-17",
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        "date": "2026-07-24",
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    ],
    "hurstComposite": [
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        "date": "2026-05-15",
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        "date": "2026-05-22",
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    ],
    "hurstCycles": {
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          "date": "2026-05-15",
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          "date": "2026-05-22",
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      "80": [
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        {
          "date": "2026-07-10",
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          "date": "2026-07-17",
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          "date": "2026-07-24",
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      ]
    },
    "pivots": [
      {
        "index": 0,
        "date": "2026-05-15",
        "price": 5.035,
        "kind": "low",
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        "weeks": 0,
        "confirmed": true
      },
      {
        "index": 10,
        "date": "2026-07-24",
        "price": 5.189,
        "kind": "high",
        "move_percent": 3.0585898709036723,
        "weeks": 10,
        "confirmed": false
      }
    ],
    "labels": []
  }
}