{ "ticker": { "uuid": "0d4ec40c-4b7f-4320-a016-7251924857b6", "symbol": "REIT", "name": "VanEck FTSE International Property (AUD Hedged) ETF", "exchange": "ASX", "country": "AU", "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": "^AXJO", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 81.187, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 62.95, "architecture_energy": 64.372, "architecture_maturity": 33.357, "architecture_confidence": 79.734, "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": 6.82, "rotation_up": 69.01, "upward_expansion": 88.9, "deceleration": 44.71, "rotation_down": 13.93, "downward_expansion": 13.23 }, "activity_lines": [ 17.378667, 17.238619, 16.989796, 16.805768 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 17.26, "trend_reference": 16.564879, "distance_from_trend": 0.041964, "trend_direction": "Improving", "fair_value": 14.855411, "distance_from_fair_value": 0.161866, "fair_value_direction": "Improving", "relative_strength": 2.187975, "relative_strength_direction": "Weakening", "price_momentum": 0.081196, "excess_performance": 0.01749, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.041964, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.035842, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.161866, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.018874, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.02188, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.049334, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.081196, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.986792, "read": "Supply-led" } ], "volume": { "latest": 291079, "relative_activity": 0.738369, "balance": 0.986792, "dry_up": 1.160889, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.02689, "annualized_volatility": 0.133519, "from_high_reference": -0.034676, "from_low_reference": 0.166655 }, "levels": { "trend_reference": 16.564879, "fair_value_reference": 14.855411, "structural_low": 15.252549, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 23, "median_return": 0.007212, "positive_rate": 0.608696, "directional_follow_through": 0.608696, "median_excess_return": 0.016039, "regime_survival": 0.73913, "best_return": 0.06116, "worst_return": -0.088018, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.026973, "positive_rate": 0.555556, "directional_follow_through": 0.555556, "median_excess_return": 0.025631, "regime_survival": 0.333333, "best_return": 0.086979, "worst_return": -0.059937, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.062124, "positive_rate": 0.833333, "directional_follow_through": 0.833333, "median_excess_return": 0.016665, "regime_survival": 0.333333, "best_return": 0.112498, "worst_return": -0.186498, "sufficient": true }, { 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"upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.945105, "energy": 73.651945, "activity_lines": [ 17.181583, 16.988718, 16.770349, 16.619874 ] }, { "date": "2026-07-24", "close": 17.43, "volume": 551825, "typical_volume": 376187.75, "trend": 16.440168, "fair_value": 14.806879, "relative_strength": 9.441591, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.968093, "energy": 73.136917, "activity_lines": [ 17.305267, 17.092958, 16.850986, 16.68839 ] }, { "date": "2026-07-31", "close": 17.51, "volume": 524773, "typical_volume": 391086.45, "trend": 16.510477, "fair_value": 14.831862, "relative_strength": 7.167663, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.707413, "energy": 71.93063, "activity_lines": [ 17.396, 17.194945, 16.935319, 16.757411 ] }, { "date": "2026-08-07", "close": 17.26, "volume": 291079, "typical_volume": 394218.95, "trend": 16.564879, "fair_value": 14.855411, "relative_strength": 2.187975, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.950318, "energy": 64.37232, "activity_lines": [ 17.378667, 17.238619, 16.989796, 16.805768 ] } ], "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." } } }