{
  "ticker": {
    "uuid": "0d6ee1a5-1e1d-4e49-bbee-6696371f14fd",
    "symbol": "URA",
    "name": "GLOBAL X FDS URANIUM ETF USD",
    "exchange": "NYSEARCA",
    "country": "US",
    "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": "SPY",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 87.565,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -61.93,
    "architecture_energy": 53.191,
    "architecture_maturity": 16.827,
    "architecture_confidence": 90.105,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 16.11,
        "rotation_up": 17.05,
        "upward_expansion": 8.93,
        "deceleration": 45.05,
        "rotation_down": 63.76,
        "downward_expansion": 84.59
      },
      "activity_lines": [
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      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
    },
    "latest_close": 44.91,
    "trend_reference": 49.1,
    "distance_from_trend": -0.085336,
    "trend_direction": "Weakening",
    "fair_value": 33.6571,
    "distance_from_fair_value": 0.33434,
    "fair_value_direction": "Weakening",
    "relative_strength": -15.193274,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.138995,
    "excess_performance": -0.26462,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.085336,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.009145,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.33434,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.417223,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.151933,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.257597,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.138995,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.668237,
        "read": "Supply-led"
      }
    ],
    "volume": {
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      "balance": 0.668237,
      "dry_up": 0.940187,
      "accumulation_observations": 2,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.105074,
      "annualized_volatility": 0.4389,
      "from_high_reference": -0.278902,
      "from_low_reference": 0.321453
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    "levels": {
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      "fair_value_reference": 33.6571,
      "structural_low": 37.18,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
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    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 12,
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        "positive_rate": 0.583333,
        "directional_follow_through": 0.416667,
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      {
        "horizon": "Intermediate",
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        "sufficient": false
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      {
        "horizon": "Extended",
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      {
        "horizon": "Full cycle",
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        "regime": "deceleration",
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      },
      {
        "date": "2026-04-17",
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      },
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        "modifier": "Re-acceleration watch",
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      },
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        "date": "2026-05-08",
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        "date": "2026-05-15",
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      },
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        "date": "2026-05-22",
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      },
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        "date": "2026-05-29",
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        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
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      },
      {
        "date": "2026-06-05",
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        "relative_strength": -10.654804,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
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        "date": "2026-06-12",
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        "regime": "balance",
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      },
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        "date": "2026-06-19",
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      },
      {
        "date": "2026-06-26",
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        "gate": "mixed",
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      },
      {
        "date": "2026-07-03",
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        "relative_strength": -15.963803,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
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      },
      {
        "date": "2026-07-10",
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        "fair_value": 33.112324,
        "relative_strength": -17.56986,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.807398,
        "energy": 62.649399,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 18149867.8,
        "trend": 49.641664,
        "fair_value": 33.239122,
        "relative_strength": -24.310967,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.331732,
        "energy": 77.339134,
        "activity_lines": [
          42.012,
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      },
      {
        "date": "2026-07-24",
        "close": 39.89,
        "volume": 15064941,
        "typical_volume": 17542839.1,
        "trend": 49.513,
        "fair_value": 33.371733,
        "relative_strength": -21.37941,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.815807,
        "energy": 75.576308,
        "activity_lines": [
          40.888667,
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        ]
      },
      {
        "date": "2026-07-31",
        "close": 39.07,
        "volume": 15827806,
        "typical_volume": 17390439.45,
        "trend": 49.28,
        "fair_value": 33.497295,
        "relative_strength": -23.681591,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.10027,
        "energy": 75.431691,
        "activity_lines": [
          40.018,
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          45.466286,
          47.15271
        ]
      },
      {
        "date": "2026-08-07",
        "close": 44.91,
        "volume": 20668656,
        "typical_volume": 17480768.35,
        "trend": 49.1,
        "fair_value": 33.6571,
        "relative_strength": -15.193274,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.930111,
        "energy": 53.19099,
        "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."
    }
  }
}