{
  "ticker": {
    "uuid": "006376e9-8321-412e-98e9-1568285094a9",
    "symbol": "XDWG",
    "name": "Xtrackers MSCI World UCITS ETF 2D - GBP Hedged",
    "exchange": "LSE",
    "country": "GB",
    "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": "^FTSE",
    "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": 85.919,
    "architecture_energy": 65.598,
    "architecture_maturity": 61.756,
    "architecture_confidence": 75.055,
    "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": 14.85,
        "rotation_up": 55.77,
        "upward_expansion": 81.61,
        "deceleration": 68.61,
        "rotation_down": 27.12,
        "downward_expansion": 10.61
      },
      "activity_lines": [
        31.660667,
        31.488546,
        31.127623,
        30.547419
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 32.43,
    "trend_reference": 29.890449,
    "distance_from_trend": 0.084962,
    "trend_direction": "Improving",
    "fair_value": 24.406217,
    "distance_from_fair_value": 0.32876,
    "fair_value_direction": "Improving",
    "relative_strength": 3.439409,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.123984,
    "excess_performance": 0.072748,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.084962,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.037114,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.32876,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.020581,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.034394,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.013575,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.123984,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.864769,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 79371,
      "relative_activity": 0.405158,
      "balance": 2.864769,
      "dry_up": 0.558634,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.017649,
      "annualized_volatility": 0.120646,
      "from_high_reference": -0.00187,
      "from_low_reference": 0.236904
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    "levels": {
      "trend_reference": 29.890449,
      "fair_value_reference": 24.406217,
      "structural_low": 26.913868,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 44,
        "median_return": 0.012509,
        "positive_rate": 0.704545,
        "directional_follow_through": 0.704545,
        "median_excess_return": 0.009,
        "regime_survival": 0.772727,
        "best_return": 0.089058,
        "worst_return": -0.055937,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "worst_return": -0.063328,
        "sufficient": true
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      },
      {
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      },
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      },
      {
        "date": "2026-07-03",
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      },
      {
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      },
      {
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        "fair_value": 24.156772,
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        "stage": 2,
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        "modifier": "Established expansion",
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        "direction": 62.870342,
        "energy": 66.274733,
        "activity_lines": [
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          30.169647
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 201018.35,
        "trend": 29.682687,
        "fair_value": 24.235942,
        "relative_strength": 1.382671,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
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      },
      {
        "date": "2026-07-31",
        "close": 31.200001,
        "volume": 66094,
        "typical_volume": 197697.8,
        "trend": 29.775185,
        "fair_value": 24.316455,
        "relative_strength": -0.121694,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.157043,
        "energy": 52.381672,
        "activity_lines": [
          31.304667,
          31.274364,
          30.922274,
          30.37614
        ]
      },
      {
        "date": "2026-08-07",
        "close": 32.43,
        "volume": 79371,
        "typical_volume": 195901.15,
        "trend": 29.890449,
        "fair_value": 24.406217,
        "relative_strength": 3.439409,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.918825,
        "energy": 65.597801,
        "activity_lines": [
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        ]
      }
    ],
    "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."
    }
  }
}