{ "ticker": { "uuid": "02120075-bf8f-4490-8aa6-b307c4c4fd0e", "symbol": "HWSS", "name": "HSBC MSCI World Small Cap Screened UCITS ETF USD Acc", "exchange": "PAR", "country": "FR", "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": "^FCHI", "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": 86.641, "architecture_energy": 71.52, "architecture_maturity": 61.074, "architecture_confidence": 76.328, "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": 11.9, "rotation_up": 57.97, "upward_expansion": 83.0, "deceleration": 67.07, "rotation_down": 27.78, "downward_expansion": 12.0 }, "activity_lines": [ 23.77268, 23.658802, 23.190585, 22.739335 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 24.2432, "trend_reference": 22.239163, "distance_from_trend": 0.090113, "trend_direction": "Improving", "fair_value": 19.251862, "distance_from_fair_value": 0.259265, "fair_value_direction": "Improving", "relative_strength": 6.330948, "relative_strength_direction": "Weakening", "price_momentum": 0.121545, "excess_performance": 0.068233, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.090113, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.052332, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.259265, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.07011, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.063309, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.022676, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.121545, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.750558, "read": "Supply-led" } ], "volume": { "latest": 447, "relative_activity": 0.260641, "balance": 0.750558, "dry_up": 0.826822, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.016429, "annualized_volatility": 0.120957, "from_high_reference": -0.001997, "from_low_reference": 0.28676 }, "levels": { "trend_reference": 22.239163, "fair_value_reference": 19.251862, "structural_low": 19.799999, 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22.701018, 22.16575, 21.891139 ] }, { "date": "2026-06-26", "close": 23.621201, "volume": 1880, "typical_volume": 3226.85, "trend": 21.5986, "fair_value": 18.980829, "relative_strength": 9.479853, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.679985, "energy": 92.953506, "activity_lines": [ 23.27724, 22.911127, 22.332443, 22.028762 ] }, { "date": "2026-07-03", "close": 23.8013, "volume": 81, "typical_volume": 2969.6, "trend": 21.71447, "fair_value": 19.028684, "relative_strength": 8.432728, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.45241, "energy": 93.391392, "activity_lines": [ 23.496494, 23.127704, 22.506739, 22.170871 ] }, { "date": "2026-07-10", "close": 23.561399, "volume": 5919, "typical_volume": 3178.7, "trend": 21.820057, "fair_value": 19.074074, "relative_strength": 9.190766, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.969752, "energy": 87.163045, "activity_lines": [ 23.566693, 23.265333, 22.648346, 22.290028 ] }, { "date": "2026-07-17", "close": 23.5385, "volume": 3039, "typical_volume": 3228.45, "trend": 21.9254, "fair_value": 19.117283, "relative_strength": 8.749274, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.727233, "energy": 86.68119, "activity_lines": [ 23.589753, 23.368216, 22.780235, 22.400895 ] }, { "date": "2026-07-24", "close": 23.649, "volume": 450, "typical_volume": 1703.8, "trend": 22.03257, "fair_value": 19.159798, "relative_strength": 8.482918, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.427584, "energy": 83.806178, "activity_lines": [ 23.620467, 23.467236, 22.915189, 22.512095 ] }, { "date": "2026-07-31", "close": 23.447201, "volume": 1736, "typical_volume": 1741.15, "trend": 22.135613, "fair_value": 19.20298, "relative_strength": 5.591044, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.654034, "energy": 62.743513, "activity_lines": [ 23.558107, 23.500313, 23.021309, 22.603362 ] }, { "date": "2026-08-07", "close": 24.2432, "volume": 447, "typical_volume": 1715.0, "trend": 22.239163, "fair_value": 19.251862, "relative_strength": 6.330948, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.641119, "energy": 71.519717, "activity_lines": [ 23.77268, 23.658802, 23.190585, 22.739335 ] } ], "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." } } }