{
  "ticker": {
    "uuid": "2def0f7c-7134-4d81-aacb-02eb58c36b4b",
    "symbol": "DFJ",
    "name": "WISDOMTREE TRUST JAPAN SMALLCAP DIVIDEND FD SBI USD0.001",
    "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": 95.649,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 80.7,
    "architecture_energy": 57.893,
    "architecture_maturity": 15.721,
    "architecture_confidence": 80.219,
    "architecture_tenure": "Developing",
    "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": 12.19,
        "rotation_up": 66.04,
        "upward_expansion": 85.37,
        "deceleration": 46.92,
        "rotation_down": 18.86,
        "downward_expansion": 12.03
      },
      "activity_lines": [
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        107.586587,
        106.384425,
        105.715439
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 112.64,
    "trend_reference": 105.122923,
    "distance_from_trend": 0.071507,
    "trend_direction": "Improving",
    "fair_value": 82.304638,
    "distance_from_fair_value": 0.368574,
    "fair_value_direction": "Improving",
    "relative_strength": 0.355667,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.06164,
    "excess_performance": -0.063985,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.071507,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.03979,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.368574,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.023018,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.003557,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.005719,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.06164,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.192429,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 57971,
      "relative_activity": 0.322704,
      "balance": 2.192429,
      "dry_up": 0.858763,
      "accumulation_observations": 4,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.02772,
      "annualized_volatility": 0.223742,
      "from_high_reference": -0.005123,
      "from_low_reference": 0.274989
    },
    "levels": {
      "trend_reference": 105.122923,
      "fair_value_reference": 82.304638,
      "structural_low": 97.655,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 32,
        "median_return": 0.020608,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.010707,
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        "best_return": 0.102422,
        "worst_return": -0.121634,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 12,
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        "positive_rate": 0.833333,
        "directional_follow_through": 0.833333,
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        "regime_survival": 0.583333,
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        "worst_return": -0.10662,
        "sufficient": true
      },
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        "horizon": "Extended",
        "sample_count": 7,
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        "sufficient": true
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        "horizon": "Full cycle",
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        "worst_return": -0.257169,
        "sufficient": false
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      {
        "regime": "downward_expansion",
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      },
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        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-10",
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        "trend": 103.693623,
        "fair_value": 81.206054,
        "relative_strength": -1.399944,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
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        "direction": 63.266155,
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      },
      {
        "date": "2026-07-17",
        "close": 104.56,
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        "typical_volume": 206375.2,
        "trend": 103.999756,
        "fair_value": 81.463845,
        "relative_strength": -2.950576,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 49.669023,
        "energy": 36.394006,
        "activity_lines": [
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      },
      {
        "date": "2026-07-24",
        "close": 106.88,
        "volume": 246074,
        "typical_volume": 204199.2,
        "trend": 104.358423,
        "fair_value": 81.724728,
        "relative_strength": -0.313445,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.630133,
        "energy": 38.769779,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 106.97,
        "volume": 158107,
        "typical_volume": 192337.45,
        "trend": 104.694756,
        "fair_value": 81.996911,
        "relative_strength": -1.322725,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.530026,
        "energy": 29.308966,
        "activity_lines": [
          106.61584,
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          105.617426,
          105.202843
        ]
      },
      {
        "date": "2026-08-07",
        "close": 112.64,
        "volume": 57971,
        "typical_volume": 179641.15,
        "trend": 105.122923,
        "fair_value": 82.304638,
        "relative_strength": 0.355667,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.699503,
        "energy": 57.892634,
        "activity_lines": [
          108.576587,
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          105.715439
        ]
      }
    ],
    "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."
    }
  }
}