{ "ticker": { "uuid": "0f32a89c-0436-4011-8536-1758072447a8", "symbol": "MUSD", "name": "iShares MSCI USA Swap UCITS ETF USD (Acc)", "exchange": "AMS", "country": "NL", "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": "^AEX", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 80.743, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 85.743, "architecture_energy": 63.198, "architecture_maturity": 63.735, "architecture_confidence": 65.245, "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": 32.56, "rotation_up": 54.01, "upward_expansion": 80.98, "deceleration": 69.19, "rotation_down": 27.81, "downward_expansion": 9.98 }, "activity_lines": [ 10.381967, 10.327629, 10.226035, 10.02064 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 10.6654, "trend_reference": 9.787627, "distance_from_trend": 0.089682, "trend_direction": "Improving", "fair_value": 7.99711, "distance_from_fair_value": 0.333657, "fair_value_direction": "Improving", "relative_strength": 0.03831, "relative_strength_direction": "Weakening", "price_momentum": 0.134062, "excess_performance": 0.0174, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.089682, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.034918, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.333657, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.00829, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.000383, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.04839, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.134062, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.943609, "read": "Supply-led" } ], "volume": { "latest": 407852, "relative_activity": 0.757858, "balance": 0.943609, "dry_up": 1.108617, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.018511, "annualized_volatility": 0.13237, "from_high_reference": -0.003103, "from_low_reference": 0.225246 }, "levels": { "trend_reference": 9.787627, "fair_value_reference": 7.99711, "structural_low": 8.7192, "invalidation": "A 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"Established expansion", "gate": "up", "direction": 61.688639, "energy": 56.201113, "activity_lines": [ 10.237907, 10.238949, 9.979076, 9.808611 ] }, { "date": "2026-07-10", "close": 10.378, "volume": 244682, "typical_volume": 633537.6, "trend": 9.66383, "fair_value": 7.885422, "relative_strength": -0.351522, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.102527, "energy": 63.770544, "activity_lines": [ 10.283473, 10.272296, 10.040427, 9.85695 ] }, { "date": "2026-07-17", "close": 10.2768, "volume": 270991, "typical_volume": 627015.5, "trend": 9.69513, "fair_value": 7.912754, "relative_strength": -2.022588, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.144064, "energy": 59.253949, "activity_lines": [ 10.288907, 10.276965, 10.087518, 9.896496 ] }, { "date": "2026-07-24", "close": 10.2255, "volume": 1450951, "typical_volume": 610591.25, "trend": 9.721057, "fair_value": 7.93945, "relative_strength": -2.297294, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.919529, "energy": 57.689359, "activity_lines": [ 10.27332, 10.269162, 10.12549, 9.930714 ] }, { "date": "2026-07-31", "close": 10.1986, "volume": 256679, "typical_volume": 595372.0, "trend": 9.74909, "fair_value": 7.966466, "relative_strength": -3.301824, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.790335, "energy": 45.607246, "activity_lines": [ 10.252633, 10.255322, 10.15617, 9.961523 ] }, { "date": "2026-08-07", "close": 10.6654, "volume": 407852, "typical_volume": 538164.4, "trend": 9.787627, "fair_value": 7.99711, "relative_strength": 0.03831, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.743032, "energy": 63.197684, "activity_lines": [ 10.381967, 10.327629, 10.226035, 10.02064 ] } ], "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." } } }