{ "ticker": { "uuid": "131b2066-7a45-4aef-8a46-6616401c74aa", "symbol": "VEVE", "name": "Vanguard FTSE Developed World UCITS ETF USD Distributing", "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": "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": 87.937, "architecture_energy": 71.064, "architecture_maturity": 84.479, "architecture_confidence": 78.678, "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": 8.22, "rotation_up": 59.75, "upward_expansion": 85.33, "deceleration": 68.48, "rotation_down": 28.25, "downward_expansion": 12.0 }, "activity_lines": [ 115.55867, 114.903032, 112.812871, 110.215939 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 118.160004, "trend_reference": 107.230388, "distance_from_trend": 0.101926, "trend_direction": "Improving", "fair_value": 91.8691, "distance_from_fair_value": 0.286178, "fair_value_direction": "Improving", "relative_strength": 2.731714, "relative_strength_direction": "Weakening", "price_momentum": 0.162005, "excess_performance": 0.079122, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.101926, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.042876, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.286178, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.062472, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.027317, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.033843, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.162005, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.673553, "read": "Demand-led" } ], "volume": { "latest": 39208, "relative_activity": 1.163201, "balance": 1.673553, "dry_up": 1.899316, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.017944, "annualized_volatility": 0.109139, "from_high_reference": -0.001858, "from_low_reference": 0.24657 }, "levels": { "trend_reference": 107.230388, "fair_value_reference": 91.8691, "structural_low": 95.739998, 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105.041607, "fair_value": 90.518028, "relative_strength": 0.597142, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.563293, "energy": 89.71309, "activity_lines": [ 113.885777, 112.6729, 109.299863, 107.250703 ] }, { "date": "2026-07-10", "close": 115.120003, "volume": 52322, "typical_volume": 25989.25, "trend": 105.519666, "fair_value": 90.790973, "relative_strength": 2.340917, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.179146, "energy": 89.219329, "activity_lines": [ 114.426789, 113.364995, 110.12258, 107.900922 ] }, { "date": "2026-07-17", "close": 113.480003, "volume": 154131, "typical_volume": 33115.75, "trend": 105.925418, "fair_value": 91.050515, "relative_strength": 0.086145, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.521894, "energy": 71.407109, "activity_lines": [ 114.222667, 113.587546, 110.729506, 108.414492 ] }, { "date": "2026-07-24", "close": 114.860001, "volume": 16940, "typical_volume": 31804.35, "trend": 106.375177, "fair_value": 91.313736, "relative_strength": 1.381701, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.148886, "energy": 67.739836, "activity_lines": [ 114.405335, 113.966137, 111.412744, 108.990917 ] }, { "date": "2026-07-31", "close": 113.980003, "volume": 45802, "typical_volume": 32799.3, "trend": 106.776989, "fair_value": 91.576914, "relative_strength": 0.494824, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.414452, "energy": 62.032513, "activity_lines": [ 114.305335, 114.084673, 111.947731, 109.481551 ] }, { "date": "2026-08-07", "close": 118.160004, "volume": 39208, "typical_volume": 33707.0, "trend": 107.230388, "fair_value": 91.8691, "relative_strength": 2.731714, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.937339, "energy": 71.064202, "activity_lines": [ 115.55867, 114.903032, 112.812871, 110.215939 ] } ], "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." } } }