{
  "ticker": {
    "uuid": "354820b4-e5e2-44f0-a813-d88342a6376b",
    "symbol": "XWLD",
    "name": "Xtrackers MSCI World 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": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 82.671,
    "architecture_energy": 58.587,
    "architecture_maturity": 85.005,
    "architecture_confidence": 68.377,
    "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": 24.57,
        "rotation_up": 50.39,
        "upward_expansion": 80.28,
        "deceleration": 71.31,
        "rotation_down": 28.8,
        "downward_expansion": 9.28
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      "activity_lines": [
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 12053.0,
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    "distance_from_trend": 0.07861,
    "trend_direction": "Improving",
    "fair_value": 9361.198718,
    "distance_from_fair_value": 0.287549,
    "fair_value_direction": "Improving",
    "relative_strength": 2.620656,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.128188,
    "excess_performance": 0.076953,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.07861,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.03455,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.287549,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.031002,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.026207,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.009604,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.128188,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.846977,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 72926,
      "relative_activity": 2.926863,
      "balance": 2.846977,
      "dry_up": 1.308923,
      "accumulation_observations": 4,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.017848,
      "annualized_volatility": 0.115163,
      "from_high_reference": -0.003266,
      "from_low_reference": 0.229145
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    "levels": {
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      "structural_low": 10169.0,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 44,
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        "positive_rate": 0.659091,
        "directional_follow_through": 0.659091,
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        "worst_return": -0.076477,
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        "worst_return": 7.5e-05,
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        "date": "2026-04-03",
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      },
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      },
      {
        "date": "2026-05-22",
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      },
      {
        "date": "2026-05-29",
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        "fair_value": 9072.647436,
        "relative_strength": 5.071021,
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        "modifier": "Re-accelerating",
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      },
      {
        "date": "2026-06-05",
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        "volume": 6982,
        "typical_volume": 23688.2,
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        "fair_value": 9101.647436,
        "relative_strength": 4.929788,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
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        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
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        "typical_volume": 23265.55,
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        "fair_value": 9129.897436,
        "relative_strength": 3.378459,
        "stage": 2,
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        "modifier": "Early expansion",
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        "energy": 85.503577,
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      },
      {
        "date": "2026-06-19",
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      },
      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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        "volume": 492,
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        "fair_value": 9218.753205,
        "relative_strength": 2.657822,
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      },
      {
        "date": "2026-07-10",
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      },
      {
        "date": "2026-07-17",
        "close": 11626.5,
        "volume": 19395,
        "typical_volume": 22111.0,
        "trend": 11064.55,
        "fair_value": 9275.61859,
        "relative_strength": 1.862502,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.545532,
        "energy": 60.226221,
        "activity_lines": [
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          11486.316667,
          11289.598925
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      },
      {
        "date": "2026-07-24",
        "close": 11701.5,
        "volume": 17673,
        "typical_volume": 22370.45,
        "trend": 11100.033333,
        "fair_value": 9303.13141,
        "relative_strength": 1.20148,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.338051,
        "energy": 52.984326,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 11611.5,
        "volume": 20459,
        "typical_volume": 22017.05,
        "trend": 11134.083333,
        "fair_value": 9330.538462,
        "relative_strength": -0.792914,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.497049,
        "energy": 42.740193,
        "activity_lines": [
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          11563.645238,
          11363.690323
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      },
      {
        "date": "2026-08-07",
        "close": 12053.0,
        "volume": 72926,
        "typical_volume": 24916.1,
        "trend": 11174.566667,
        "fair_value": 9361.198718,
        "relative_strength": 2.620656,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.671377,
        "energy": 58.587298,
        "activity_lines": [
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      }
    ],
    "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."
    }
  }
}