{
  "ticker": {
    "uuid": "1b000b10-ccc6-4620-8523-f4319edbf16c",
    "symbol": "2559",
    "name": "MAXIS World Equity (MSCI ACWI) ETF",
    "exchange": "JPX",
    "country": "JP",
    "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": "^N225",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -55.068,
    "architecture_energy": 63.032,
    "architecture_maturity": 95.0,
    "architecture_confidence": 60.955,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 18.19,
        "rotation_up": 27.86,
        "upward_expansion": 22.5,
        "deceleration": 66.99,
        "rotation_down": 49.7,
        "downward_expansion": 70.17
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      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.333333
    },
    "latest_close": 2982.0,
    "trend_reference": 19008.683203,
    "distance_from_trend": -0.843124,
    "trend_direction": "Weakening",
    "fair_value": 19873.769763,
    "distance_from_fair_value": -0.849953,
    "fair_value_direction": "Weakening",
    "relative_strength": -88.842763,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.886459,
    "excess_performance": -1.095717,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.843124,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.28543,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.849953,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -1.24568,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.888428,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.779936,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.886459,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.429397,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1735167,
      "relative_activity": 3.151293,
      "balance": 1.429397,
      "dry_up": 2.862611,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.859615,
      "annualized_volatility": 4.765437,
      "from_high_reference": -0.900928,
      "from_low_reference": 1.641921
    },
    "levels": {
      "trend_reference": 19008.683203,
      "fair_value_reference": 19873.769763,
      "structural_low": 1128.724154,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 4,
        "median_return": 0.062063,
        "positive_rate": 0.75,
        "directional_follow_through": 0.25,
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        "regime_survival": 0.75,
        "best_return": 1.627268,
        "worst_return": -0.004695,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
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        "worst_return": 0.219381,
        "sufficient": false
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        "horizon": "Extended",
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        "sufficient": false
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        "horizon": "Full cycle",
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        "label": "Upward Expansion",
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      },
      {
        "regime": "deceleration",
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        "regime": "balance",
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      {
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      {
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        "tenure": "New",
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        "regime": "rotation_down",
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        "active": false
      },
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        "regime": "downward_expansion",
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      },
      {
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      {
        "date": "2026-07-31",
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      },
      {
        "date": "2026-08-07",
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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."
    }
  }
}