{ "ticker": { "uuid": "16004e2f-65df-40b0-a40f-6a1fb6696ff3", "symbol": "FLIN", "name": "FRANKLIN TEMPLETON ETF TR FRANKLIN FTSE INDIA ETF", "exchange": "NYSEARCA", "country": "US", "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": "SPY", "stage": 4, "stage_name": "Declining", "phase": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 72.655, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": 15.186, "architecture_energy": 11.229, "architecture_maturity": 18.743, "architecture_confidence": 75.164, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 64.96, "rotation_up": 29.52, "upward_expansion": 40.21, "deceleration": 41.64, "rotation_down": 27.25, "downward_expansion": 36.54 }, "activity_lines": [ 35.522667, 35.418182, 35.223286, 35.220645 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 36.18, "trend_reference": 35.530333, "distance_from_trend": 0.018285, "trend_direction": "Weakening", "fair_value": 36.596216, "distance_from_fair_value": -0.011373, "fair_value_direction": "Improving", "relative_strength": -12.302096, "relative_strength_direction": "Improving", "price_momentum": -0.048396, "excess_performance": -0.17402, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.018285, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.029986, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.011373, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.001677, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.123021, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.035798, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.048396, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.422217, "read": "Demand-led" } ], "volume": { "latest": 1232099, "relative_activity": 0.361092, "balance": 1.422217, "dry_up": 0.751035, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.026652, "annualized_volatility": 0.183545, "from_high_reference": -0.088523, "from_low_reference": 0.123602 }, "levels": { "trend_reference": 35.530333, "fair_value_reference": 36.596216, "structural_low": 32.2, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 17, "median_return": 0.005579, "positive_rate": 0.588235, "directional_follow_through": 0.588235, "median_excess_return": -0.018626, "regime_survival": 0.588235, "best_return": 0.092238, "worst_return": -0.12396, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.010242, "positive_rate": 0.625, "directional_follow_through": 0.625, "median_excess_return": -0.050979, "regime_survival": 0.25, "best_return": 0.076551, "worst_return": -0.071203, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.023629, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.152286, "regime_survival": 0.2, "best_return": 0.099668, "worst_return": -0.092094, "sufficient": true 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34.999429, 35.36097 ] }, { "date": "2026-07-10", "close": 35.41, "volume": 7855023, "typical_volume": 4274912.1, "trend": 35.948667, "fair_value": 36.47119, "relative_strength": -13.803639, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.630729, "energy": 15.442946, "activity_lines": [ 35.482, 35.171636, 35.029667, 35.321075 ] }, { "date": "2026-07-17", "close": 35.14, "volume": 2130585, "typical_volume": 4085134.1, "trend": 35.830667, "fair_value": 36.500643, "relative_strength": -12.641971, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.249989, "energy": 12.763732, "activity_lines": [ 35.407333, 35.188182, 35.046905, 35.268903 ] }, { "date": "2026-07-24", "close": 34.51, "volume": 4349826, "typical_volume": 4025472.25, "trend": 35.699, "fair_value": 36.525061, "relative_strength": -13.265644, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.008915, "energy": 15.117098, "activity_lines": [ 35.088, 35.099818, 35.014286, 35.183699 ] }, { "date": "2026-07-31", "close": 35.68, "volume": 2538052, "typical_volume": 3569191.3, "trend": 35.588333, "fair_value": 36.558413, "relative_strength": -10.868176, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.576057, "energy": 6.320212, "activity_lines": [ 35.222667, 35.222727, 35.098429, 35.182473 ] }, { "date": "2026-08-07", "close": 36.18, "volume": 1232099, "typical_volume": 3412144.65, "trend": 35.530333, "fair_value": 36.596216, "relative_strength": -12.302096, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 15.186113, "energy": 11.229062, "activity_lines": [ 35.522667, 35.418182, 35.223286, 35.220645 ] } ], "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." } } }