{ "ticker": { "uuid": "5c2a1799-f82d-42d4-918b-f49c71f48727", "symbol": "VGAD", "name": "Vanguard MSCI Index International Shares (Hedged) ETF", "exchange": "ASX", "country": "AU", "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": "^AXJO", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 91.75, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 83.976, "architecture_energy": 61.254, "architecture_maturity": 40.819, "architecture_confidence": 90.244, "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": 10.82, "rotation_up": 59.5, "upward_expansion": 82.5, "deceleration": 56.54, "rotation_down": 24.56, "downward_expansion": 9.17 }, "activity_lines": [ 129.606001, 128.91048, 127.644797, 125.863151 ], "activity_state": "Wide", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 132.139999, "trend_reference": 123.92536, "distance_from_trend": 0.066287, "trend_direction": "Improving", "fair_value": 102.622967, "distance_from_fair_value": 0.287626, "fair_value_direction": "Improving", "relative_strength": 4.046817, "relative_strength_direction": "Weakening", "price_momentum": 0.109395, "excess_performance": 0.045689, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.066287, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.02785, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.287626, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.021512, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.040468, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.041407, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.109395, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.590806, "read": "Demand-led" } ], "volume": { "latest": 421290, "relative_activity": 1.000354, "balance": 3.590806, "dry_up": 1.270484, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.016997, "annualized_volatility": 0.111468, "from_high_reference": -0.006093, "from_low_reference": 0.199475 }, "levels": { "trend_reference": 123.92536, "fair_value_reference": 102.622967, "structural_low": 111.800003, 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404726.8, "trend": 122.680804, "fair_value": 101.354594, "relative_strength": 8.122281, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.228944, "energy": 56.149572, "activity_lines": [ 128.271624, 127.945317, 125.770002, 124.313102 ] }, { "date": "2026-07-17", "close": 127.910004, "volume": 398434, "typical_volume": 398555.1, "trend": 123.004382, "fair_value": 101.662706, "relative_strength": 6.87122, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.920213, "energy": 50.192612, "activity_lines": [ 128.259952, 128.032978, 126.17038, 124.650469 ] }, { "date": "2026-07-24", "close": 127.470001, "volume": 580213, "typical_volume": 401323.75, "trend": 123.251693, "fair_value": 101.964809, "relative_strength": 6.523739, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.333454, "energy": 48.019993, "activity_lines": [ 128.03955, 127.980619, 126.5039, 124.938574 ] }, { "date": "2026-07-31", "close": 129.0, "volume": 740275, "typical_volume": 414872.25, "trend": 123.55736, "fair_value": 102.282055, "relative_strength": 5.084217, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.518373, "energy": 49.518369, "activity_lines": [ 128.392669, 128.17984, 126.950943, 125.309432 ] }, { "date": "2026-08-07", "close": 132.139999, "volume": 421290, "typical_volume": 421141.1, "trend": 123.92536, "fair_value": 102.622967, "relative_strength": 4.046817, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.975941, "energy": 61.253854, "activity_lines": [ 129.606001, 128.91048, 127.644797, 125.863151 ] } ], "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." } } }