{ "ticker": { "uuid": "06c113c1-a729-4632-995a-5deed5ca65d2", "symbol": "1617", "name": "NEXT FUNDS TOPIX-17 FOODS ETF", "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": "Established expansion", "architecture_gate": "up", "architecture_direction": 78.522, "architecture_energy": 63.487, "architecture_maturity": 40.44, "architecture_confidence": 63.867, "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": 8.9, "rotation_up": 75.97, "upward_expansion": 88.63, "deceleration": 44.84, "rotation_down": 12.4, "downward_expansion": 10.63 }, "activity_lines": [ 47848.97474, 47203.51044, 46315.806492, 45891.582048 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 48930.0, "trend_reference": 45284.38763, "distance_from_trend": 0.080505, "trend_direction": "Improving", "fair_value": 38520.320525, "distance_from_fair_value": 0.270239, "fair_value_direction": "Improving", "relative_strength": -6.168429, "relative_strength_direction": "Improving", "price_momentum": 0.091213, "excess_performance": -0.118045, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.080505, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.039125, "read": "Rising" 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"volume": 5793, "typical_volume": 1808.85, "trend": 44634.38763, "fair_value": 38218.487142, "relative_strength": -9.209457, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.761565, "energy": 68.779018, "activity_lines": [ 46773.98776, 46148.508381, 45585.972619, 45295.16245 ] }, { "date": "2026-07-24", "close": 46950.0, "volume": 1984, "typical_volume": 1803.3, "trend": 44821.720964, "fair_value": 38314.319749, "relative_strength": -9.468038, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.108609, "energy": 64.99394, "activity_lines": [ 46916.647396, 46356.842401, 45751.10772, 45444.556796 ] }, { "date": "2026-07-31", "close": 47860.0, "volume": 3867, "typical_volume": 1918.6, "trend": 45039.38763, "fair_value": 38416.909969, "relative_strength": -6.897326, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.632539, "energy": 59.641293, "activity_lines": [ 47252.645313, 46704.449148, 45992.147582, 45640.574798 ] }, { "date": "2026-08-07", "close": 48930.0, "volume": 7044, "typical_volume": 2234.55, "trend": 45284.38763, "fair_value": 38520.320525, "relative_strength": -6.168429, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.52206, "energy": 63.487347, "activity_lines": [ 47848.97474, 47203.51044, 46315.806492, 45891.582048 ] } ], "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." } } }