{
  "ticker": {
    "uuid": "530e591e-23d2-4f54-b836-4332943e5c66",
    "symbol": "JPSR",
    "name": "UBS MSCI Japan Socially Responsible UCITS ETF JPY dis",
    "exchange": "AMS",
    "country": "NL",
    "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": "^AEX",
    "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": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 90.36,
    "architecture_energy": 71.395,
    "architecture_maturity": 79.303,
    "architecture_confidence": 82.32,
    "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": 7.71,
        "rotation_up": 60.87,
        "upward_expansion": 85.33,
        "deceleration": 68.65,
        "rotation_down": 27.3,
        "downward_expansion": 12.0
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      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.666667
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    "latest_close": 31.259001,
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    "distance_from_trend": 0.125384,
    "trend_direction": "Improving",
    "fair_value": 23.225399,
    "distance_from_fair_value": 0.345897,
    "fair_value_direction": "Improving",
    "relative_strength": 5.167113,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.17088,
    "excess_performance": 0.054217,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.125384,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.050371,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.345897,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.115741,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.051671,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.015099,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.17088,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 6.204092,
        "read": "Demand-led"
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    ],
    "volume": {
      "latest": 22781,
      "relative_activity": 6.386957,
      "balance": 6.204092,
      "dry_up": 2.328488,
      "accumulation_observations": 2,
      "distribution_observations": 0
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    "risk": {
      "range_context": 0.021941,
      "annualized_volatility": 0.17444,
      "from_high_reference": -0.001979,
      "from_low_reference": 0.331276
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    "levels": {
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      "fair_value_reference": 23.225399,
      "structural_low": 24.752001,
      "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": 29,
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        "directional_follow_through": 0.655172,
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        "date": "2026-05-01",
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      },
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      },
      {
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      },
      {
        "date": "2026-07-10",
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        "relative_strength": 4.683767,
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        "energy": 93.614895,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
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        "volume": 1535,
        "typical_volume": 2198.7,
        "trend": 27.377003,
        "fair_value": 23.021224,
        "relative_strength": 1.237628,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.127798,
        "energy": 86.776108,
        "activity_lines": [
          29.855534,
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          28.548377,
          28.005632
        ]
      },
      {
        "date": "2026-07-24",
        "close": 29.292,
        "volume": 1981,
        "typical_volume": 2280.35,
        "trend": 27.494231,
        "fair_value": 23.080221,
        "relative_strength": 0.65436,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.820161,
        "energy": 65.226448,
        "activity_lines": [
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          29.509946,
          28.698486,
          28.12918
        ]
      },
      {
        "date": "2026-07-31",
        "close": 29.899,
        "volume": 6924,
        "typical_volume": 2538.2,
        "trend": 27.632853,
        "fair_value": 23.148596,
        "relative_strength": 1.803615,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.631551,
        "energy": 62.780639,
        "activity_lines": [
          29.715734,
          29.631309,
          28.892015,
          28.284326
        ]
      },
      {
        "date": "2026-08-07",
        "close": 31.259001,
        "volume": 22781,
        "typical_volume": 3566.8,
        "trend": 27.776291,
        "fair_value": 23.225399,
        "relative_strength": 5.167113,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.359804,
        "energy": 71.395141,
        "activity_lines": [
          30.197201,
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          28.518271
        ]
      }
    ],
    "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."
    }
  }
}