{
  "ticker": {
    "uuid": "58ede210-22bf-4b2c-8795-52d1c2776d5b",
    "symbol": "V3PM",
    "name": "Vanguard ESG Developed Asia Pacific All Cap UCITS ETF USD Income",
    "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": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 20.846,
    "architecture_energy": 24.136,
    "architecture_maturity": 65.67,
    "architecture_confidence": 92.097,
    "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": 49.7,
        "rotation_up": 17.12,
        "upward_expansion": 52.11,
        "deceleration": 93.99,
        "rotation_down": 42.54,
        "downward_expansion": 22.77
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      "activity_lines": [
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      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.333333
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    "latest_close": 7.416,
    "trend_reference": 7.007008,
    "distance_from_trend": 0.058369,
    "trend_direction": "Improving",
    "fair_value": 5.365492,
    "distance_from_fair_value": 0.382166,
    "fair_value_direction": "Weakening",
    "relative_strength": 6.091245,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.148305,
    "excess_performance": 0.097069,
    "evidence": [
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        "label": "Price vs Trend",
        "positive": true,
        "value": 0.058369,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.086229,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.382166,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.043417,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.060912,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.114172,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.148305,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.699176,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 179139,
      "relative_activity": 1.82928,
      "balance": 1.699176,
      "dry_up": 1.529164,
      "accumulation_observations": 5,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.050136,
      "annualized_volatility": 0.264152,
      "from_high_reference": -0.09572,
      "from_low_reference": 0.380982
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    "levels": {
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      "fair_value_reference": 5.365492,
      "structural_low": 6.1356,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 6,
        "median_return": 0.001491,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.00654,
        "regime_survival": 0.5,
        "best_return": 0.080892,
        "worst_return": -0.075468,
        "sufficient": true
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      {
        "horizon": "Intermediate",
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        "median_return": 0.025537,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.000248,
        "regime_survival": 0.0,
        "best_return": 0.265788,
        "worst_return": 0.021317,
        "sufficient": false
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      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": 0.083407,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.016419,
        "regime_survival": 0.0,
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        "worst_return": 0.028524,
        "sufficient": false
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      {
        "horizon": "Full cycle",
        "sample_count": 1,
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        "worst_return": -0.020092,
        "sufficient": false
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        "color": "amber",
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        "end": "2024-07-12",
        "tenure": "Established",
        "return": 0.04128,
        "active": false
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        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2024-08-02",
        "tenure": "New",
        "return": -0.048026,
        "active": false
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        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-08-09",
        "end": "2024-08-23",
        "tenure": "New",
        "return": 0.055336,
        "active": false
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        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2024-11-29",
        "tenure": "Established",
        "return": 0.005063,
        "active": false
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        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2025-03-07",
        "tenure": "Established",
        "return": -0.019471,
        "active": false
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        "regime": "deceleration",
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        "color": "amber",
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        "end": "2025-03-28",
        "tenure": "New",
        "return": -0.012427,
        "active": false
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        "regime": "downward_expansion",
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        "color": "red",
        "start": "2025-04-04",
        "end": "2025-05-23",
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        "active": false
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        "regime": "rotation_up",
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        "active": false
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        "typical_volume": 104611.9,
        "trend": 6.643127,
        "fair_value": 5.229883,
        "relative_strength": 25.579994,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.180192,
        "energy": 93.050234,
        "activity_lines": [
          7.762074,
          7.538597,
          7.177687,
          6.955584
        ]
      },
      {
        "date": "2026-06-26",
        "close": 7.877,
        "volume": 17328,
        "typical_volume": 101325.15,
        "trend": 6.710752,
        "fair_value": 5.251872,
        "relative_strength": 19.325837,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.337265,
        "energy": 82.502593,
        "activity_lines": [
          7.833554,
          7.635946,
          7.265476,
          7.035188
        ]
      },
      {
        "date": "2026-07-03",
        "close": 7.7695,
        "volume": 42749,
        "typical_volume": 93820.45,
        "trend": 6.774762,
        "fair_value": 5.273645,
        "relative_strength": 15.290749,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.791732,
        "energy": 75.106239,
        "activity_lines": [
          7.835599,
          7.696795,
          7.33627,
          7.103495
        ]
      },
      {
        "date": "2026-07-10",
        "close": 7.638,
        "volume": 69496,
        "typical_volume": 93250.55,
        "trend": 6.834949,
        "fair_value": 5.294245,
        "relative_strength": 14.756646,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.298405,
        "energy": 60.147192,
        "activity_lines": [
          7.788417,
          7.714769,
          7.389702,
          7.159187
        ]
      },
      {
        "date": "2026-07-17",
        "close": 7.162,
        "volume": 128938,
        "typical_volume": 93253.25,
        "trend": 6.878598,
        "fair_value": 5.31146,
        "relative_strength": 6.223792,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 43.668298,
        "energy": 34.670847,
        "activity_lines": [
          7.570533,
          7.631367,
          7.394108,
          7.180287
        ]
      },
      {
        "date": "2026-07-24",
        "close": 7.3065,
        "volume": 140823,
        "typical_volume": 92342.2,
        "trend": 6.926532,
        "fair_value": 5.328995,
        "relative_strength": 6.664823,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.663707,
        "energy": 25.102456,
        "activity_lines": [
          7.434033,
          7.576484,
          7.411813,
          7.207894
        ]
      },
      {
        "date": "2026-07-31",
        "close": 7.1515,
        "volume": 150096,
        "typical_volume": 93551.45,
        "trend": 6.966126,
        "fair_value": 5.346263,
        "relative_strength": 2.885382,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.883642,
        "energy": 23.889794,
        "activity_lines": [
          7.301,
          7.493742,
          7.410841,
          7.222408
        ]
      },
      {
        "date": "2026-08-07",
        "close": 7.416,
        "volume": 179139,
        "typical_volume": 97928.7,
        "trend": 7.007008,
        "fair_value": 5.365492,
        "relative_strength": 6.091245,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.846286,
        "energy": 24.135545,
        "activity_lines": [
          7.3045,
          7.463118,
          7.431427,
          7.251432
        ]
      }
    ],
    "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."
    }
  }
}