{ "ticker": { "uuid": "01b583c7-84ed-400a-a70c-3d1f01b9572d", "symbol": "316A", "name": "iFreeETF FANG+", "exchange": "JPX", "country": "JP", "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": "^N225", "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": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 76.567, "architecture_energy": 51.492, "architecture_maturity": 33.092, "architecture_confidence": 71.088, "architecture_tenure": "New", "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": 26.23, "rotation_up": 54.88, "upward_expansion": 80.25, "deceleration": 64.59, "rotation_down": 24.7, "downward_expansion": 6.92 }, "activity_lines": [ 2604.2, 2577.963636, 2541.080952, 2458.772043 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 2699.0, "trend_reference": 2356.6, "distance_from_trend": 0.145294, "trend_direction": "Improving", "fair_value": 2141.879518, "distance_from_fair_value": 0.260108, "fair_value_direction": "Improving", "relative_strength": -3.395453, "relative_strength_direction": "Improving", "price_momentum": 0.306389, "excess_performance": 0.097131, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.145294, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.034549, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.260108, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.071103, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.033955, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.103757, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.306389, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.208151, "read": "Demand-led" } ], "volume": { "latest": 2898476, "relative_activity": 1.922267, "balance": 3.208151, "dry_up": 1.069619, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.042494, "annualized_volatility": 0.246209, "from_high_reference": -0.005527, "from_low_reference": 0.393392 }, "levels": { "trend_reference": 2356.6, "fair_value_reference": 2141.879518, "structural_low": 1937.0, 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"up", "direction": 49.399183, "energy": 39.09611, "activity_lines": [ 2554.733333, 2558.490909, 2488.747619, 2407.537634 ] }, { "date": "2026-07-24", "close": 2549.0, "volume": 755670, "typical_volume": 1440968.85, "trend": 2334.366667, "fair_value": 2129.962963, "relative_strength": -8.215418, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.168425, "energy": 42.194009, "activity_lines": [ 2555.066667, 2556.090909, 2503.1, 2421.875269 ] }, { "date": "2026-07-31", "close": 2550.0, "volume": 1104246, "typical_volume": 1402897.75, "trend": 2342.733333, "fair_value": 2135.085366, "relative_strength": -7.317306, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.451836, "energy": 42.230612, "activity_lines": [ 2559.0, 2553.436364, 2515.861905, 2435.787097 ] }, { "date": "2026-08-07", "close": 2699.0, "volume": 2898476, "typical_volume": 1507842.45, "trend": 2356.6, "fair_value": 2141.879518, "relative_strength": -3.395453, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.56712, "energy": 51.491758, "activity_lines": [ 2604.2, 2577.963636, 2541.080952, 2458.772043 ] } ], "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." } } }