{
  "ticker": {
    "uuid": "101c5d44-347a-4029-8307-657b2969c795",
    "symbol": "XDWS",
    "name": "Xtrackers MSCI World Consumer Staples UCITS ETF 1C",
    "exchange": "EBS",
    "country": "CH",
    "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": "^SSMI",
    "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": 65.681,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 62.78,
    "architecture_energy": 48.896,
    "architecture_maturity": 16.728,
    "architecture_confidence": 63.98,
    "architecture_tenure": "Developing",
    "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": 9.94,
        "rotation_up": 66.21,
        "upward_expansion": 82.03,
        "deceleration": 53.17,
        "rotation_down": 15.13,
        "downward_expansion": 6.37
      },
      "activity_lines": [
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        44.0835,
        43.804494
      ],
      "activity_state": "Wide",
      "activity_direction": "Stable",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 45.0,
    "trend_reference": 43.516167,
    "distance_from_trend": 0.034098,
    "trend_direction": "Improving",
    "fair_value": 41.962381,
    "distance_from_fair_value": 0.072389,
    "fair_value_direction": "Improving",
    "relative_strength": -4.910696,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.016031,
    "excess_performance": -0.066853,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.034098,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.02666,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.072389,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.05474,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.049107,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.029129,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.016031,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.694972,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 675,
      "relative_activity": 0.086374,
      "balance": 0.694972,
      "dry_up": 0.463285,
      "accumulation_observations": 2,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.023538,
      "annualized_volatility": 0.133868,
      "from_high_reference": -0.129873,
      "from_low_reference": 0.127678
    },
    "levels": {
      "trend_reference": 43.516167,
      "fair_value_reference": 41.962381,
      "structural_low": 41.625,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 26,
        "median_return": -0.004299,
        "positive_rate": 0.346154,
        "directional_follow_through": 0.346154,
        "median_excess_return": 0.000482,
        "regime_survival": 0.615385,
        "best_return": 0.049229,
        "worst_return": -0.19987,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
        "median_return": -0.00468,
        "positive_rate": 0.363636,
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        "median_excess_return": 0.005158,
        "regime_survival": 0.181818,
        "best_return": 0.043677,
        "worst_return": -0.187398,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": -0.042445,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.428571,
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        "sufficient": true
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      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "worst_return": -0.142161,
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        "regime": "rotation_down",
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        "regime": "downward_expansion",
        "label": "Downward Expansion",
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        "activity_lines": [
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      },
      {
        "date": "2026-05-08",
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        "typical_volume": 8173.8,
        "trend": 42.524887,
        "fair_value": 42.062625,
        "relative_strength": -1.997752,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
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        "energy": 13.693187,
        "activity_lines": [
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      },
      {
        "date": "2026-05-15",
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        "typical_volume": 8182.85,
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        "fair_value": 42.047185,
        "relative_strength": -1.109322,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
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        "direction": 44.699192,
        "energy": 24.944826,
        "activity_lines": [
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      },
      {
        "date": "2026-05-22",
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        "typical_volume": 8205.55,
        "trend": 42.324167,
        "fair_value": 42.03901,
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        "stage": 1,
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        "modifier": "Momentum cooling",
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        "energy": 33.638177,
        "activity_lines": [
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      },
      {
        "date": "2026-05-29",
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        "volume": 3131,
        "typical_volume": 8265.5,
        "trend": 42.386167,
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        "modifier": "Recompressing",
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        "energy": 9.334487,
        "activity_lines": [
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      },
      {
        "date": "2026-06-05",
        "close": 42.764999,
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        "typical_volume": 8702.35,
        "trend": 42.457334,
        "fair_value": 42.012602,
        "relative_strength": -3.520011,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
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        "energy": 9.658275,
        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
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        "volume": 137,
        "typical_volume": 7861.95,
        "trend": 42.575334,
        "fair_value": 42.004204,
        "relative_strength": -2.80576,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
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        "energy": 27.448225,
        "activity_lines": [
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      },
      {
        "date": "2026-06-19",
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        "typical_volume": 8427.65,
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        "fair_value": 41.995923,
        "relative_strength": -3.751146,
        "stage": 1,
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        "modifier": "Upper balance after advance",
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        "energy": 28.021691,
        "activity_lines": [
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      },
      {
        "date": "2026-06-26",
        "close": 44.834999,
        "volume": 1080,
        "typical_volume": 7353.35,
        "trend": 42.7575,
        "fair_value": 41.99289,
        "relative_strength": -3.946618,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.75256,
        "energy": 67.233429,
        "activity_lines": [
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          43.126075
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      },
      {
        "date": "2026-07-03",
        "close": 44.544998,
        "volume": 359,
        "typical_volume": 7306.05,
        "trend": 42.8595,
        "fair_value": 41.991912,
        "relative_strength": -6.026419,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.208559,
        "energy": 72.64656,
        "activity_lines": [
          44.273332,
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      },
      {
        "date": "2026-07-10",
        "close": 44.134998,
        "volume": 14095,
        "typical_volume": 7985.1,
        "trend": 42.964333,
        "fair_value": 41.982084,
        "relative_strength": -5.46028,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.586638,
        "energy": 67.760772,
        "activity_lines": [
          44.323999,
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          43.435095,
          43.323688
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      },
      {
        "date": "2026-07-17",
        "close": 45.305,
        "volume": 713,
        "typical_volume": 7857.95,
        "trend": 43.103167,
        "fair_value": 41.977376,
        "relative_strength": -3.533277,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.227985,
        "energy": 79.842532,
        "activity_lines": [
          44.673332,
          44.19209,
          43.627452,
          43.474699
        ]
      },
      {
        "date": "2026-07-24",
        "close": 44.759998,
        "volume": 801,
        "typical_volume": 7286.95,
        "trend": 43.244167,
        "fair_value": 41.966765,
        "relative_strength": -4.414281,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.381383,
        "energy": 67.325065,
        "activity_lines": [
          44.756665,
          44.360635,
          43.766642,
          43.581591
        ]
      },
      {
        "date": "2026-07-31",
        "close": 45.084999,
        "volume": 12293,
        "typical_volume": 7865.7,
        "trend": 43.385833,
        "fair_value": 41.965151,
        "relative_strength": -3.664474,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.535055,
        "energy": 50.08008,
        "activity_lines": [
          44.879665,
          44.565999,
          43.933666,
          43.700355
        ]
      },
      {
        "date": "2026-08-07",
        "close": 45.0,
        "volume": 675,
        "typical_volume": 7814.85,
        "trend": 43.516167,
        "fair_value": 41.962381,
        "relative_strength": -4.910696,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.77989,
        "energy": 48.896137,
        "activity_lines": [
          44.957666,
          44.725272,
          44.0835,
          43.804494
        ]
      }
    ],
    "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."
    }
  }
}