{ "ticker": { "uuid": "1ac09b2c-6172-4e24-9097-43869f6ae489", "symbol": "WCMI", "name": "FIRST TRUST WCM INTERNATIONAL EQUITY 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": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 95.887, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 52.791, "architecture_energy": 27.769, "architecture_maturity": 45.206, "architecture_confidence": 85.199, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 34.09, "rotation_up": 36.94, "upward_expansion": 59.95, "deceleration": 84.68, "rotation_down": 25.89, "downward_expansion": 18.95 }, "activity_lines": [ 19.228667, 19.246588, 19.060789, 18.716594 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 19.64, "trend_reference": 18.361435, "distance_from_trend": 0.069633, "trend_direction": "Improving", "fair_value": 16.061347, "distance_from_fair_value": 0.222811, "fair_value_direction": "Improving", "relative_strength": -0.258414, "relative_strength_direction": "Weakening", "price_momentum": 0.101514, "excess_performance": -0.024111, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.069633, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.046949, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.222811, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.012685, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.002584, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.00894, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.101514, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.574143, "read": "Demand-led" } ], "volume": { "latest": 4356876, "relative_activity": 1.2339, "balance": 1.574143, "dry_up": 1.31041, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.037219, "annualized_volatility": 0.188255, "from_high_reference": -0.016032, "from_low_reference": 0.278059 }, "levels": { "trend_reference": 18.361435, "fair_value_reference": 16.061347, "structural_low": 16.05, "invalidation": "A 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56.41435, "energy": 37.882175, "activity_lines": [ 19.248154, 19.223836, 18.845357, 18.532635 ] }, { "date": "2026-07-24", "close": 18.84, "volume": 4730309, "typical_volume": 3367402.25, "trend": 18.243602, "fair_value": 15.990897, "relative_strength": 0.225855, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.359602, "energy": 27.814951, "activity_lines": [ 19.085333, 19.174147, 18.892175, 18.574747 ] }, { "date": "2026-07-31", "close": 19.105, "volume": 4556386, "typical_volume": 3463138.7, "trend": 18.302768, "fair_value": 16.023677, "relative_strength": 0.48919, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.461759, "energy": 23.048163, "activity_lines": [ 19.064333, 19.164011, 18.956518, 18.630321 ] }, { "date": "2026-08-07", "close": 19.64, "volume": 4356876, "typical_volume": 3530981.0, "trend": 18.361435, "fair_value": 16.061347, "relative_strength": -0.258414, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.791269, "energy": 27.769347, "activity_lines": [ 19.228667, 19.246588, 19.060789, 18.716594 ] } ], "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." } } }