{ "ticker": { "uuid": "61dc4c5e-02c6-4d72-9f23-caf9cdfd0463", "symbol": "XEMN", "name": "Xtrackers IE PLC - Xtrackers Emerging Markets Net Zero Pathway Paris Aligned Ucits Etf", "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": 86.686, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 6.973, "architecture_energy": 20.269, "architecture_maturity": 64.952, "architecture_confidence": 83.714, "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": 59.68, "rotation_up": 15.78, "upward_expansion": 45.79, "deceleration": 87.97, "rotation_down": 44.44, "downward_expansion": 30.79 }, "activity_lines": [ 66.566999, 67.899363, 68.133119, 66.56357 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 67.654999, "trend_reference": 64.47, "distance_from_trend": 0.049403, "trend_direction": "Improving", "fair_value": 45.32383, "distance_from_fair_value": 0.492703, "fair_value_direction": "Weakening", "relative_strength": 5.832781, "relative_strength_direction": "Weakening", "price_momentum": 0.126738, "excess_performance": 0.075503, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.049403, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.086018, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.492703, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.155309, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.058328, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.1875, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.126738, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.903814, "read": "Supply-led" } ], "volume": { "latest": 8386, "relative_activity": 8.046826, "balance": 0.903814, "dry_up": 3.978554, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.045406, "annualized_volatility": 0.272772, "from_high_reference": -0.086977, "from_low_reference": 0.426418 }, "levels": { "trend_reference": 64.47, "fair_value_reference": 45.32383, "structural_low": 55.939999, "invalidation": "A sustained 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"relative_strength": 14.819043, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.636361, "energy": 58.210178, "activity_lines": [ 70.895665, 70.336999, 67.531405, 65.40843 ] }, { "date": "2026-07-10", "close": 69.915001, "volume": 1080, "typical_volume": 403.25, "trend": 62.950834, "fair_value": 44.532853, "relative_strength": 15.033209, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.01422, "energy": 53.598945, "activity_lines": [ 70.652666, 70.385727, 67.99481, 65.894581 ] }, { "date": "2026-07-17", "close": 65.589996, "volume": 7744, "typical_volume": 689.6, "trend": 63.371167, "fair_value": 44.72891, "relative_strength": 6.523306, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.349153, "energy": 26.496392, "activity_lines": [ 68.872998, 69.575271, 68.012404, 66.064849 ] }, { "date": "2026-07-24", "close": 66.245003, "volume": 53, "typical_volume": 684.75, "trend": 63.789167, "fair_value": 44.920641, "relative_strength": 5.877758, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.956607, "energy": 23.683628, "activity_lines": [ 67.654333, 68.964817, 68.083024, 66.250258 ] }, { "date": "2026-07-31", "close": 65.099998, "volume": 402, "typical_volume": 646.85, "trend": 64.1095, "fair_value": 45.110849, "relative_strength": 2.473569, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.844196, "energy": 20.233644, "activity_lines": [ 66.513999, 68.170181, 68.004357, 66.334828 ] }, { "date": "2026-08-07", "close": 67.654999, "volume": 8386, "typical_volume": 1042.15, "trend": 64.47, "fair_value": 45.32383, "relative_strength": 5.832781, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.972879, "energy": 20.268502, "activity_lines": [ 66.566999, 67.899363, 68.133119, 66.56357 ] } ], "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." } } }