{
  "ticker": {
    "uuid": "20541a13-1cc1-498a-9d43-3f2b5d8fa97d",
    "symbol": "XDWY",
    "name": "Xtrackers MSCI World Screened UCITS ETF 1D",
    "exchange": "LSE",
    "country": "GB",
    "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": "^FTSE",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 84.157,
    "architecture_energy": 59.784,
    "architecture_maturity": 50.96,
    "architecture_confidence": 77.66,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 16.75,
        "rotation_up": 54.62,
        "upward_expansion": 79.8,
        "deceleration": 64.81,
        "rotation_down": 26.11,
        "downward_expansion": 8.8
      },
      "activity_lines": [
        31.765834,
        31.583819,
        31.279093,
        30.718549
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 32.642502,
    "trend_reference": 30.103178,
    "distance_from_trend": 0.084354,
    "trend_direction": "Improving",
    "fair_value": 24.611549,
    "distance_from_fair_value": 0.326308,
    "fair_value_direction": "Improving",
    "relative_strength": 3.109075,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.117488,
    "excess_performance": 0.066253,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.084354,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.033977,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.326308,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.013311,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.031091,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.017301,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.117488,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.132343,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1816,
      "relative_activity": 0.338695,
      "balance": 3.132343,
      "dry_up": 1.729752,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.019895,
      "annualized_volatility": 0.134941,
      "from_high_reference": 0.0,
      "from_low_reference": 0.228341
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    "levels": {
      "trend_reference": 30.103178,
      "fair_value_reference": 24.611549,
      "structural_low": 27.009942,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 37,
        "median_return": 0.008956,
        "positive_rate": 0.567568,
        "directional_follow_through": 0.567568,
        "median_excess_return": -0.001491,
        "regime_survival": 0.756757,
        "best_return": 0.049768,
        "worst_return": -0.087681,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 15,
        "median_return": 0.043008,
        "positive_rate": 0.733333,
        "directional_follow_through": 0.733333,
        "median_excess_return": -0.000816,
        "regime_survival": 0.666667,
        "best_return": 0.091422,
        "worst_return": -0.102319,
        "sufficient": true
      },
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        "horizon": "Extended",
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        "directional_follow_through": 0.875,
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        "regime_survival": 0.75,
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        "worst_return": -0.039748,
        "sufficient": true
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      {
        "horizon": "Full cycle",
        "sample_count": 4,
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        "worst_return": -0.132554,
        "sufficient": false
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        "end": "2024-04-19",
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        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "typical_volume": 4456.75,
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        "fair_value": 23.367079,
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        "stage": 3,
        "regime": "rotation_up",
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        "activity_lines": [
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        "date": "2026-05-01",
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        "fair_value": 23.449241,
        "relative_strength": 2.100835,
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      },
      {
        "date": "2026-05-08",
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        "typical_volume": 4445.35,
        "trend": 28.790016,
        "fair_value": 23.534627,
        "relative_strength": 4.83919,
        "stage": 2,
        "regime": "upward_expansion",
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      },
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        "date": "2026-05-15",
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      },
      {
        "date": "2026-05-22",
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      },
      {
        "date": "2026-05-29",
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        "typical_volume": 5586.85,
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      },
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        "date": "2026-06-05",
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        "fair_value": 23.877413,
        "relative_strength": 4.18499,
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      },
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        "date": "2026-06-12",
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        "trend": 29.332947,
        "fair_value": 23.957968,
        "relative_strength": 2.945765,
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      },
      {
        "date": "2026-06-19",
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      },
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        "date": "2026-06-26",
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        "relative_strength": 1.614778,
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        "activity_lines": [
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      },
      {
        "date": "2026-07-03",
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        "trend": 29.649025,
        "fair_value": 24.205953,
        "relative_strength": 1.855673,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 5914.25,
        "trend": 29.750823,
        "fair_value": 24.287111,
        "relative_strength": 3.979282,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
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        "direction": 69.556774,
        "energy": 56.306948,
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      },
      {
        "date": "2026-07-17",
        "close": 31.352501,
        "volume": 17248,
        "typical_volume": 6770.8,
        "trend": 29.839218,
        "fair_value": 24.365615,
        "relative_strength": 1.900257,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.366869,
        "energy": 52.354121,
        "activity_lines": [
          31.430667,
          31.383971,
          30.86735,
          30.368418
        ]
      },
      {
        "date": "2026-07-24",
        "close": 31.2225,
        "volume": 1257,
        "typical_volume": 6608.15,
        "trend": 29.912417,
        "fair_value": 24.442426,
        "relative_strength": 0.203111,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.573789,
        "energy": 49.260371,
        "activity_lines": [
          31.372667,
          31.363182,
          30.970241,
          30.457662
        ]
      },
      {
        "date": "2026-07-31",
        "close": 31.307501,
        "volume": 16777,
        "typical_volume": 6995.3,
        "trend": 29.993839,
        "fair_value": 24.521833,
        "relative_strength": -0.763135,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.150482,
        "energy": 43.891334,
        "activity_lines": [
          31.358167,
          31.352228,
          31.06912,
          30.547667
        ]
      },
      {
        "date": "2026-08-07",
        "close": 32.642502,
        "volume": 1816,
        "typical_volume": 5361.75,
        "trend": 30.103178,
        "fair_value": 24.611549,
        "relative_strength": 3.109075,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.157048,
        "energy": 59.783954,
        "activity_lines": [
          31.765834,
          31.583819,
          31.279093,
          30.718549
        ]
      }
    ],
    "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."
    }
  }
}