{ "ticker": { "uuid": "61f8e720-3671-4e56-8266-153ccc7c2ab8", "symbol": "HSCZ", "name": "ISHARES TRUST CURRENCY HEDGED MSCI EAFE S", "exchange": "NYSEARCA", "country": "US", "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": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 75.368, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 78.27, "architecture_energy": 52.486, "architecture_maturity": 40.792, "architecture_confidence": 82.783, "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": 12.69, "rotation_up": 59.56, "upward_expansion": 82.98, "deceleration": 51.73, "rotation_down": 22.51, "downward_expansion": 7.32 }, "activity_lines": [ 43.139273, 42.939392, 42.606613, 42.165222 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 43.9471, "trend_reference": 41.693434, "distance_from_trend": 0.054053, "trend_direction": "Improving", "fair_value": 33.17456, "distance_from_fair_value": 0.324723, "fair_value_direction": "Improving", "relative_strength": -1.82313, "relative_strength_direction": "Weakening", "price_momentum": 0.063906, "excess_performance": -0.061719, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.054053, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.036509, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.324723, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.000108, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.018231, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.008599, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.063906, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.699046, "read": "Demand-led" } ], "volume": { "latest": 100299, "relative_activity": 0.821571, "balance": 1.699046, "dry_up": 1.679788, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.020328, "annualized_volatility": 0.146859, "from_high_reference": -0.000975, "from_low_reference": 0.225013 }, "levels": { "trend_reference": 41.693434, "fair_value_reference": 33.17456, "structural_low": 38.32, 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-1.333388, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.025397, "energy": 37.406424, "activity_lines": [ 42.687756, 42.627674, 42.188104, 41.83067 ] }, { "date": "2026-07-24", "close": 42.8449, "volume": 343284, "typical_volume": 127592.0, "trend": 41.455497, "fair_value": 32.953889, "relative_strength": 0.153924, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.412105, "energy": 39.568867, "activity_lines": [ 42.73069, 42.684186, 42.307788, 41.928742 ] }, { "date": "2026-07-31", "close": 42.75, "volume": 254512, "typical_volume": 120933.25, "trend": 41.576164, "fair_value": 33.060862, "relative_strength": -1.156669, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.615361, "energy": 35.239647, "activity_lines": [ 42.745287, 42.706134, 42.407648, 42.012258 ] }, { "date": "2026-08-07", "close": 43.9471, "volume": 100299, "typical_volume": 122081.9, "trend": 41.693434, "fair_value": 33.17456, "relative_strength": -1.82313, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.26997, "energy": 52.485857, "activity_lines": [ 43.139273, 42.939392, 42.606613, 42.165222 ] } ], "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." } } }