{
  "ticker": {
    "uuid": "33855dde-116b-4ca3-aa3e-28a51098da80",
    "symbol": "XWIS",
    "name": "Xtrackers MSCI World Industrials UCITS ETF 1C",
    "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": 93.192,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 68.361,
    "architecture_energy": 37.279,
    "architecture_maturity": 56.004,
    "architecture_confidence": 50.701,
    "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": 33.38,
        "rotation_up": 44.44,
        "upward_expansion": 70.53,
        "deceleration": 68.83,
        "rotation_down": 25.27,
        "downward_expansion": 8.53
      },
      "activity_lines": [
        65.383667,
        65.310637,
        64.648833,
        63.989774
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 66.779999,
    "trend_reference": 63.196833,
    "distance_from_trend": 0.056699,
    "trend_direction": "Improving",
    "fair_value": 51.332883,
    "distance_from_fair_value": 0.30092,
    "fair_value_direction": "Improving",
    "relative_strength": 1.635122,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.074757,
    "excess_performance": 0.023521,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.056699,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.043423,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.30092,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.037749,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.016351,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.016936,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.074757,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.652032,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 8995,
      "relative_activity": 2.00779,
      "balance": 0.652032,
      "dry_up": 1.117677,
      "accumulation_observations": 2,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.028221,
      "annualized_volatility": 0.152779,
      "from_high_reference": -0.1262,
      "from_low_reference": 0.233925
    },
    "levels": {
      "trend_reference": 63.196833,
      "fair_value_reference": 51.332883,
      "structural_low": 57.970001,
      "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": 35,
        "median_return": 0.008058,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.003181,
        "regime_survival": 0.771429,
        "best_return": 0.373065,
        "worst_return": -0.275497,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "sufficient": true
      },
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        "horizon": "Extended",
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        "horizon": "Full cycle",
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        "regime": "balance",
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        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.641374,
        "energy": 45.16583,
        "activity_lines": [
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          61.878381,
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        ]
      },
      {
        "date": "2026-05-08",
        "close": 63.25,
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        "typical_volume": 4965.7,
        "trend": 60.55316,
        "fair_value": 50.072372,
        "relative_strength": 3.328692,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
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        "direction": 54.89006,
        "energy": 47.391062,
        "activity_lines": [
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      },
      {
        "date": "2026-05-15",
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        "typical_volume": 5048.2,
        "trend": 60.81366,
        "fair_value": 50.173143,
        "relative_strength": 4.056048,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.726225,
        "energy": 43.320986,
        "activity_lines": [
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          62.274428,
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        ]
      },
      {
        "date": "2026-05-22",
        "close": 63.169998,
        "volume": 1742,
        "typical_volume": 5060.35,
        "trend": 60.371833,
        "fair_value": 50.277726,
        "relative_strength": 0.75448,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.007689,
        "energy": 32.195059,
        "activity_lines": [
          63.212665,
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      },
      {
        "date": "2026-05-29",
        "close": 63.755001,
        "volume": 4919,
        "typical_volume": 5068.1,
        "trend": 60.566833,
        "fair_value": 50.379307,
        "relative_strength": 2.166818,
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        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.885355,
        "energy": 33.996794,
        "activity_lines": [
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      },
      {
        "date": "2026-06-05",
        "close": 64.0,
        "volume": 1094,
        "typical_volume": 5024.05,
        "trend": 60.810166,
        "fair_value": 50.478655,
        "relative_strength": 2.877748,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.517621,
        "energy": 36.448055,
        "activity_lines": [
          63.653333,
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          62.063139
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      },
      {
        "date": "2026-06-12",
        "close": 63.525002,
        "volume": 1206,
        "typical_volume": 4925.0,
        "trend": 61.021166,
        "fair_value": 50.565164,
        "relative_strength": 1.027822,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.211927,
        "energy": 33.235667,
        "activity_lines": [
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      },
      {
        "date": "2026-06-19",
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        "volume": 453,
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        "fair_value": 50.675624,
        "relative_strength": 6.114856,
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        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
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        "direction": 73.407828,
        "energy": 57.154555,
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      },
      {
        "date": "2026-06-26",
        "close": 65.614998,
        "volume": 2513,
        "typical_volume": 4789.15,
        "trend": 61.6785,
        "fair_value": 50.773968,
        "relative_strength": 3.731937,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.023058,
        "energy": 61.478445,
        "activity_lines": [
          64.997666,
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          63.454976,
          62.841752
        ]
      },
      {
        "date": "2026-07-03",
        "close": 66.485001,
        "volume": 243,
        "typical_volume": 4538.2,
        "trend": 61.997833,
        "fair_value": 50.883466,
        "relative_strength": 3.347783,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.113755,
        "energy": 71.636597,
        "activity_lines": [
          65.623667,
          64.81,
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          63.151849
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      },
      {
        "date": "2026-07-10",
        "close": 64.809998,
        "volume": 15517,
        "typical_volume": 4993.75,
        "trend": 62.242833,
        "fair_value": 50.971485,
        "relative_strength": 2.437691,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.770532,
        "energy": 64.368304,
        "activity_lines": [
          65.509333,
          64.914818,
          63.937166,
          63.333279
        ]
      },
      {
        "date": "2026-07-17",
        "close": 63.84,
        "volume": 2367,
        "typical_volume": 4647.45,
        "trend": 62.461833,
        "fair_value": 51.052199,
        "relative_strength": -0.066922,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.219019,
        "energy": 38.549046,
        "activity_lines": [
          65.017666,
          64.808272,
          63.996928,
          63.436322
        ]
      },
      {
        "date": "2026-07-24",
        "close": 65.495003,
        "volume": 2084,
        "typical_volume": 4121.95,
        "trend": 62.736833,
        "fair_value": 51.140667,
        "relative_strength": 1.222455,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.926765,
        "energy": 36.294108,
        "activity_lines": [
          65.056667,
          64.991909,
          64.220071,
          63.632011
        ]
      },
      {
        "date": "2026-07-31",
        "close": 64.470001,
        "volume": 6583,
        "typical_volume": 4223.6,
        "trend": 62.967833,
        "fair_value": 51.228743,
        "relative_strength": -1.549813,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.43783,
        "energy": 21.633253,
        "activity_lines": [
          64.797001,
          64.953091,
          64.332905,
          63.743828
        ]
      },
      {
        "date": "2026-08-07",
        "close": 66.779999,
        "volume": 8995,
        "typical_volume": 4480.05,
        "trend": 63.196833,
        "fair_value": 51.332883,
        "relative_strength": 1.635122,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.360765,
        "energy": 37.279257,
        "activity_lines": [
          65.383667,
          65.310637,
          64.648833,
          63.989774
        ]
      }
    ],
    "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."
    }
  }
}