{ "ticker": { "uuid": "17e2927e-fc0b-4967-a5b9-7f1188d46f56", "symbol": "WMTS", "name": "iShares MSCI World Materials Sector Advanced UCITS ETF USD Inc", "exchange": "AMS", "country": "NL", "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": "^AEX", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 58.024, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Structural failure", "architecture_gate": "down", "architecture_direction": -10.344, "architecture_energy": 8.916, "architecture_maturity": 10.603, "architecture_confidence": 63.601, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 58.21, "rotation_up": 22.33, "upward_expansion": 16.49, "deceleration": 50.75, "rotation_down": 38.63, "downward_expansion": 64.16 }, "activity_lines": [ 5.527067, 5.515048, 5.548127, 5.558362 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Stable", "price_acceptance": -0.333333 }, "latest_close": 5.796, "trend_reference": 5.576663, "distance_from_trend": 0.039331, "trend_direction": "Improving", "fair_value": 4.613791, "distance_from_fair_value": 0.256234, "fair_value_direction": "Weakening", "relative_strength": -1.595678, "relative_strength_direction": "Weakening", "price_momentum": 0.029192, "excess_performance": -0.08747, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.039331, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.037716, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.256234, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.003889, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.015957, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.075524, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.029192, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.72093, "read": "Supply-led" } ], "volume": { "latest": 80274, "relative_activity": 3.096125, "balance": 0.72093, "dry_up": 1.647572, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.030822, "annualized_volatility": 0.263456, "from_high_reference": -0.049961, "from_low_reference": 0.260162 }, "levels": { "trend_reference": 5.576663, "fair_value_reference": 4.613791, "structural_low": 5.0835, "invalidation": "A decisive 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5.548119, 5.562091 ] }, { "date": "2026-07-24", "close": 5.399, "volume": 24821, "typical_volume": 25819.85, "trend": 5.549386, "fair_value": 4.594167, "relative_strength": -6.571807, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.30984, "energy": 48.027998, "activity_lines": [ 5.4274, 5.488242, 5.535057, 5.553034 ] }, { "date": "2026-07-31", "close": 5.396, "volume": 18289, "typical_volume": 24676.8, "trend": 5.560033, "fair_value": 4.60239, "relative_strength": -7.36426, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.238216, "energy": 61.553411, "activity_lines": [ 5.407, 5.464368, 5.522482, 5.543139 ] }, { "date": "2026-08-07", "close": 5.796, "volume": 80274, "typical_volume": 25927.25, "trend": 5.576663, "fair_value": 4.613791, "relative_strength": -1.595678, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -10.344056, "energy": 8.915528, "activity_lines": [ 5.527067, 5.515048, 5.548127, 5.558362 ] } ], "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." } } }