{ "ticker": { "uuid": "36c13933-4e72-4391-97d9-a7393f127cbf", "symbol": "VGVE", "name": "Vanguard FTSE Developed World UCITS ETF USD Distributing", "exchange": "GER", "country": "DE", "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": "^GDAXI", "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": 81.274, "architecture_energy": 61.607, "architecture_maturity": 89.366, "architecture_confidence": 70.211, "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": 23.01, "rotation_up": 50.7, "upward_expansion": 81.56, "deceleration": 71.42, "rotation_down": 29.25, "downward_expansion": 10.56 }, "activity_lines": [ 124.225334, 123.931047, 122.192056, 119.66348 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 126.599998, "trend_reference": 116.670598, "distance_from_trend": 0.085106, "trend_direction": "Improving", "fair_value": 97.806387, "distance_from_fair_value": 0.294394, "fair_value_direction": "Improving", "relative_strength": 4.232565, "relative_strength_direction": "Weakening", "price_momentum": 0.139713, "excess_performance": 0.075073, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.085106, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.044606, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.294394, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.033048, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.042326, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.058487, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.139713, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.533052, "read": "Demand-led" } ], "volume": { "latest": 103559, "relative_activity": 1.762552, "balance": 1.533052, "dry_up": 1.711118, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.018604, "annualized_volatility": 0.113, "from_high_reference": -0.002993, "from_low_reference": 0.250355 }, "levels": { "trend_reference": 116.670598, "fair_value_reference": 97.806387, "structural_low": 105.860001, 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"close": 123.0, "volume": 163316, "typical_volume": 62898.95, "trend": 115.272928, "fair_value": 96.882883, "relative_strength": 8.203148, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.979294, "energy": 65.158631, "activity_lines": [ 123.830667, 123.288078, 120.41887, 118.039749 ] }, { "date": "2026-07-24", "close": 123.480003, "volume": 60903, "typical_volume": 57404.75, "trend": 115.751387, "fair_value": 97.179744, "relative_strength": 7.120108, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.936788, "energy": 63.22833, "activity_lines": [ 123.706668, 123.435907, 121.004472, 118.569237 ] }, { "date": "2026-07-31", "close": 122.300003, "volume": 74370, "typical_volume": 56221.15, "trend": 116.187853, "fair_value": 97.477715, "relative_strength": 3.673508, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.537454, "energy": 50.494807, "activity_lines": [ 123.229335, 123.300223, 121.421687, 118.991729 ] }, { "date": "2026-08-07", "close": 126.599998, "volume": 103559, "typical_volume": 58755.15, "trend": 116.670598, "fair_value": 97.806387, "relative_strength": 4.232565, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.273667, "energy": 61.606803, "activity_lines": [ 124.225334, 123.931047, 122.192056, 119.66348 ] } ], "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." } } }