{ "ticker": { "uuid": "1b050c5e-646c-49fd-8274-a77bbb80160e", "symbol": "IEEM", "name": "iShares MSCI EM UCITS ETF USD (Dist)", "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": 79.253, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 8.666, "architecture_energy": 17.971, "architecture_maturity": 64.534, "architecture_confidence": 87.962, "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": 59.61, "rotation_up": 16.34, "upward_expansion": 45.39, "deceleration": 87.89, "rotation_down": 42.5, "downward_expansion": 30.39 }, "activity_lines": [ 64.275999, 65.288605, 65.446039, 64.141877 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 65.239998, "trend_reference": 62.479678, "distance_from_trend": 0.044179, "trend_direction": "Improving", "fair_value": 46.261351, "distance_from_fair_value": 0.410248, "fair_value_direction": "Weakening", "relative_strength": 1.348192, "relative_strength_direction": "Weakening", "price_momentum": 0.09907, "excess_performance": 0.016187, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.044179, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.069563, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.410248, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.124223, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.013482, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.206934, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.09907, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.836769, "read": "Demand-led" } ], "volume": { "latest": 52431, "relative_activity": 0.765134, "balance": 1.836769, "dry_up": 1.089726, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.045694, "annualized_volatility": 0.268274, "from_high_reference": -0.072109, "from_low_reference": 0.352069 }, "levels": { "trend_reference": 62.479678, "fair_value_reference": 46.261351, "structural_low": 54.006542, "invalidation": "A 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"regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.521931, "energy": 21.548806, "activity_lines": [ 65.903333, 66.566432, 65.268936, 63.712577 ] }, { "date": "2026-07-24", "close": 63.23, "volume": 84672, "typical_volume": 73166.5, "trend": 61.890769, "fair_value": 45.908416, "relative_strength": 0.082254, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.60939, "energy": 20.505397, "activity_lines": [ 64.703333, 65.952364, 65.275412, 63.819108 ] }, { "date": "2026-07-31", "close": 63.849998, "volume": 101390, "typical_volume": 70971.9, "trend": 62.196303, "fair_value": 46.077396, "relative_strength": 0.744183, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.603393, "energy": 20.869778, "activity_lines": [ 64.155999, 65.48134, 65.311632, 63.94551 ] }, { "date": "2026-08-07", "close": 65.239998, "volume": 52431, "typical_volume": 68525.25, "trend": 62.479678, "fair_value": 46.261351, "relative_strength": 1.348192, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.665857, "energy": 17.9709, "activity_lines": [ 64.275999, 65.288605, 65.446039, 64.141877 ] } ], "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." } } }