{ "ticker": { "uuid": "4dbcc6dd-1af7-4324-af05-8d99f8c2f367", "symbol": "DXJF", "name": "WisdomTree Japan Equity UCITS ETF - EUR Hedged Acc", "exchange": "MIL", "country": "IT", "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": "FTSEMIB.MI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 92.682, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 68.771, "architecture_energy": 42.369, "architecture_maturity": 76.497, "architecture_confidence": 58.21, "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": 25.32, "rotation_up": 47.37, "upward_expansion": 74.38, "deceleration": 68.32, "rotation_down": 27.05, "downward_expansion": 10.04 }, "activity_lines": [ 54.88, 54.791273, 53.950381, 53.046387 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 55.84, "trend_reference": 51.920167, "distance_from_trend": 0.075497, "trend_direction": "Improving", "fair_value": 37.31029, "distance_from_fair_value": 0.496638, "fair_value_direction": "Improving", "relative_strength": 0.633005, "relative_strength_direction": "Weakening", "price_momentum": 0.098132, "excess_performance": -0.07276, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.075497, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.070629, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.496638, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.007583, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.00633, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.052473, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.098132, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.025999, "read": "Demand-led" } ], "volume": { "latest": 18828, "relative_activity": 0.974517, "balance": 1.025999, "dry_up": 0.981763, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.032304, "annualized_volatility": 0.215846, "from_high_reference": -0.005875, "from_low_reference": 0.440289 }, "levels": { "trend_reference": 51.920167, "fair_value_reference": 37.31029, "structural_low": 46.785, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 45, "median_return": 0.02086, "positive_rate": 0.622222, "directional_follow_through": 0.622222, "median_excess_return": 0.008613, "regime_survival": 0.777778, "best_return": 0.101943, "worst_return": -0.166173, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 17, "median_return": 0.053616, "positive_rate": 0.823529, "directional_follow_through": 0.823529, "median_excess_return": 0.02641, "regime_survival": 0.705882, "best_return": 0.150923, "worst_return": -0.027608, "sufficient": true }, { "horizon": "Extended", "sample_count": 9, "median_return": 0.061096, "positive_rate": 0.888889, "directional_follow_through": 0.888889, "median_excess_return": 0.063308, "regime_survival": 0.666667, "best_return": 0.244342, "worst_return": -0.042938, "sufficient": true }, { 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"volume": 18187, "typical_volume": 22035.7, "trend": 50.722, "fair_value": 36.563751, "relative_strength": 2.498579, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.547005, "energy": 76.399992, "activity_lines": [ 54.967332, 54.364909, 53.000928, 52.143828 ] }, { "date": "2026-07-17", "close": 53.630001, "volume": 28466, "typical_volume": 21063.6, "trend": 51.0055, "fair_value": 36.74561, "relative_strength": 0.706067, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.997998, "energy": 48.96915, "activity_lines": [ 54.609333, 54.330182, 53.159905, 52.331441 ] }, { "date": "2026-07-24", "close": 55.470001, "volume": 10076, "typical_volume": 19919.6, "trend": 51.3585, "fair_value": 36.935867, "relative_strength": 4.041129, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.326303, "energy": 52.449907, "activity_lines": [ 54.837334, 54.598364, 53.494548, 52.619473 ] }, { "date": "2026-07-31", "close": 53.779999, "volume": 18502, "typical_volume": 19759.35, "trend": 51.644333, "fair_value": 37.117533, "relative_strength": -0.013813, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.328029, "energy": 34.779924, "activity_lines": [ 54.494, 54.516545, 53.636714, 52.775699 ] }, { "date": "2026-08-07", "close": 55.84, "volume": 18828, "typical_volume": 19320.35, "trend": 51.920167, "fair_value": 37.31029, "relative_strength": 0.633005, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.771378, "energy": 42.369446, "activity_lines": [ 54.88, 54.791273, 53.950381, 53.046387 ] } ], "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." } } }