{ "ticker": { "uuid": "343b17f9-7525-4db5-8a4a-ac722a7a6a7e", "symbol": "HEWJ", "name": "ISHARES TRUST ISHARES CURRENCY HEDGED MSCI JAPAN ETF", "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": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 55.456, "architecture_energy": 33.13, "architecture_maturity": 53.741, "architecture_confidence": 85.322, "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": 26.96, "rotation_up": 39.91, "upward_expansion": 65.33, "deceleration": 85.33, "rotation_down": 25.94, "downward_expansion": 15.33 }, "activity_lines": [ 63.4654, 63.481056, 62.539125, 61.35281 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 64.7122, "trend_reference": 59.897501, "distance_from_trend": 0.080382, "trend_direction": "Improving", "fair_value": 43.744462, "distance_from_fair_value": 0.479323, "fair_value_direction": "Weakening", "relative_strength": 3.91399, "relative_strength_direction": "Weakening", "price_momentum": 0.103174, "excess_performance": -0.022451, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.080382, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.06462, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.479323, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.002225, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.03914, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.033324, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.103174, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.338843, "read": "Demand-led" } ], "volume": { "latest": 131020, "relative_activity": 0.337623, "balance": 2.338843, "dry_up": 0.397504, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.037147, "annualized_volatility": 0.207974, "from_high_reference": -0.027668, "from_low_reference": 0.418788 }, "levels": { "trend_reference": 59.897501, "fair_value_reference": 43.744462, "structural_low": 54.08, "invalidation": "A 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"up", "direction": 63.497182, "energy": 70.470048, "activity_lines": [ 63.405599, 62.358379, 60.625186, 59.538566 ] }, { "date": "2026-07-03", "close": 63.38, "volume": 363704, "typical_volume": 849509.8, "trend": 58.211493, "fair_value": 42.686405, "relative_strength": 7.543888, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.697761, "energy": 70.22143, "activity_lines": [ 63.557737, 62.720328, 60.990459, 59.896486 ] }, { "date": "2026-07-10", "close": 64.68, "volume": 377953, "typical_volume": 796980.8, "trend": 58.621361, "fair_value": 42.910044, "relative_strength": 7.814072, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.278574, "energy": 74.917394, "activity_lines": [ 64.053772, 63.231367, 61.463207, 60.313809 ] }, { "date": "2026-07-17", "close": 62.12, "volume": 228798, "typical_volume": 785954.4, "trend": 58.931954, "fair_value": 43.113048, "relative_strength": 4.777716, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.582163, "energy": 45.821117, "activity_lines": [ 63.456059, 63.158042, 61.666527, 60.539528 ] }, { "date": "2026-07-24", "close": 63.34, "volume": 99113, "typical_volume": 485673.5, "trend": 59.287621, "fair_value": 43.320763, "relative_strength": 7.059921, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.253073, "energy": 41.236884, "activity_lines": [ 63.289412, 63.281726, 61.977894, 60.823918 ] }, { "date": "2026-07-31", "close": 62.37, "volume": 158099, "typical_volume": 408339.0, "trend": 59.596761, "fair_value": 43.52666, "relative_strength": 3.950034, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.640356, "energy": 30.323177, "activity_lines": [ 62.954, 63.178982, 62.162691, 61.022781 ] }, { "date": "2026-08-07", "close": 64.7122, "volume": 131020, "typical_volume": 388065.7, "trend": 59.897501, "fair_value": 43.744462, "relative_strength": 3.91399, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.455668, "energy": 33.130332, "activity_lines": [ 63.4654, 63.481056, 62.539125, 61.35281 ] } ], "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." } } }