{
  "ticker": {
    "uuid": "0fc699cc-bb28-4eb2-9419-1553f6ad6cac",
    "symbol": "H41H",
    "name": "HSBC MSCI World UCITS ETF",
    "exchange": "GER",
    "country": "DE",
    "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": "^GDAXI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 93.834,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 85.682,
    "architecture_energy": 64.26,
    "architecture_maturity": 60.516,
    "architecture_confidence": 73.155,
    "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": 15.02,
        "rotation_up": 55.01,
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
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    "fair_value_direction": "Improving",
    "relative_strength": 2.831004,
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        "label": "Price vs Trend",
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        "label": "Trend direction",
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        "read": "Rising"
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      {
        "label": "Price vs current Fair Value",
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        "value": 0.298446,
        "read": "Premium"
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        "label": "Fair Value direction",
        "positive": true,
        "value": 0.018874,
        "read": "Closing upward"
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      {
        "label": "Relative Strength vs benchmark",
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        "value": 0.02831,
        "read": "Leading"
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      {
        "label": "Relative strength direction",
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        "read": "Weakening"
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      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.11219,
        "read": "Positive"
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        "label": "Volume balance",
        "positive": true,
        "value": 2.252208,
        "read": "Demand-led"
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        "date": "2026-07-10",
        "close": 42.339001,
        "volume": 13698,
        "typical_volume": 15939.05,
        "trend": 39.7435,
        "fair_value": 33.037519,
        "relative_strength": 6.19875,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.033548,
        "energy": 69.840887,
        "activity_lines": [
          42.049534,
          41.911728,
          41.045486,
          40.424632
        ]
      },
      {
        "date": "2026-07-17",
        "close": 41.907001,
        "volume": 17101,
        "typical_volume": 16669.2,
        "trend": 39.862067,
        "fair_value": 33.137263,
        "relative_strength": 5.813731,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.621395,
        "energy": 61.606801,
        "activity_lines": [
          42.036734,
          41.939219,
          41.212467,
          40.564213
        ]
      },
      {
        "date": "2026-07-24",
        "close": 41.889999,
        "volume": 4828,
        "typical_volume": 15938.55,
        "trend": 39.971233,
        "fair_value": 33.235391,
        "relative_strength": 4.397311,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.215961,
        "energy": 57.980992,
        "activity_lines": [
          42.002334,
          41.9482,
          41.365457,
          40.695047
        ]
      },
      {
        "date": "2026-07-31",
        "close": 41.834999,
        "volume": 14853,
        "typical_volume": 15835.2,
        "trend": 40.082933,
        "fair_value": 33.33584,
        "relative_strength": 1.927638,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.409202,
        "energy": 50.042829,
        "activity_lines": [
          41.9584,
          41.934709,
          41.49711,
          40.81529
        ]
      },
      {
        "date": "2026-08-07",
        "close": 43.431,
        "volume": 8270,
        "typical_volume": 15161.9,
        "trend": 40.2244,
        "fair_value": 33.448442,
        "relative_strength": 2.831004,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.682051,
        "energy": 64.259722,
        "activity_lines": [
          42.4212,
          42.208818,
          41.760924,
          41.031295
        ]
      }
    ],
    "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."
    }
  }
}