{
  "ticker": {
    "uuid": "108734ce-b8b7-401c-bcb6-0e0bc6fd3d92",
    "symbol": "XRSS",
    "name": "Xtrackers MSCI USA Screened UCITS ETF 1C",
    "exchange": "LSE",
    "country": "GB",
    "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": "^FTSE",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 80.676,
    "architecture_energy": 54.017,
    "architecture_maturity": 81.211,
    "architecture_confidence": 64.517,
    "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": 27.17,
        "rotation_up": 47.51,
        "upward_expansion": 79.46,
        "deceleration": 71.4,
        "rotation_down": 29.2,
        "downward_expansion": 8.46
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      "activity_lines": [
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 5019.0,
    "trend_reference": 4610.75,
    "distance_from_trend": 0.088543,
    "trend_direction": "Improving",
    "fair_value": 3885.407436,
    "distance_from_fair_value": 0.291756,
    "fair_value_direction": "Improving",
    "relative_strength": 2.261148,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.150487,
    "excess_performance": 0.099252,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.088543,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.032654,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.291756,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.025704,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.022611,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.012392,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.150487,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.337343,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 115659,
      "relative_activity": 2.559592,
      "balance": 1.337343,
      "dry_up": 2.231751,
      "accumulation_observations": 3,
      "distribution_observations": 2
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    "risk": {
      "range_context": 0.020739,
      "annualized_volatility": 0.135058,
      "from_high_reference": -0.14832,
      "from_low_reference": 0.233548
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    "levels": {
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      "fair_value_reference": 3885.407436,
      "structural_low": 4131.0,
      "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": 36,
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        "positive_rate": 0.638889,
        "directional_follow_through": 0.638889,
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        "worst_return": -0.081789,
        "sufficient": true
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        "horizon": "Extended",
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        "horizon": "Full cycle",
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      {
        "date": "2026-04-03",
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      {
        "date": "2026-04-10",
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      {
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      {
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      },
      {
        "date": "2026-05-08",
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      },
      {
        "date": "2026-05-15",
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      },
      {
        "date": "2026-05-22",
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        "volume": 19215,
        "typical_volume": 24598.85,
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      },
      {
        "date": "2026-05-29",
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      },
      {
        "date": "2026-06-05",
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      },
      {
        "date": "2026-06-12",
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        "date": "2026-06-19",
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      },
      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-10",
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      },
      {
        "date": "2026-07-17",
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        "volume": 90029,
        "typical_volume": 31612.2,
        "trend": 4567.783333,
        "fair_value": 3847.971539,
        "relative_strength": 1.407203,
        "stage": 2,
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        "modifier": "Early expansion",
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        "energy": 58.845001,
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          4773.402381,
          4673.323656
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      },
      {
        "date": "2026-07-24",
        "close": 4850.5,
        "volume": 89220,
        "typical_volume": 35582.1,
        "trend": 4581.1,
        "fair_value": 3860.048462,
        "relative_strength": 0.362054,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.703007,
        "energy": 51.893766,
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      },
      {
        "date": "2026-07-31",
        "close": 4794.5,
        "volume": 108472,
        "typical_volume": 40324.45,
        "trend": 4593.8,
        "fair_value": 3871.885,
        "relative_strength": -1.974824,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.141528,
        "energy": 39.924729,
        "activity_lines": [
          4840.466667,
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          4805.040476,
          4705.331183
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      },
      {
        "date": "2026-08-07",
        "close": 5019.0,
        "volume": 115659,
        "typical_volume": 45186.5,
        "trend": 4610.75,
        "fair_value": 3885.407436,
        "relative_strength": 2.261148,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.675591,
        "energy": 54.017247,
        "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."
    }
  }
}