{
  "ticker": {
    "uuid": "63736cad-5039-46ac-930d-c2fef4fdaf88",
    "symbol": "XSFN",
    "name": "Xtrackers MSCI USA Financials UCITS ETF 1D",
    "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": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 74.943,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 78.349,
    "architecture_energy": 85.896,
    "architecture_maturity": 13.178,
    "architecture_confidence": 74.334,
    "architecture_tenure": "New",
    "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": 8.68,
        "rotation_up": 82.16,
        "upward_expansion": 97.55,
        "deceleration": 40.77,
        "rotation_down": 11.34,
        "downward_expansion": 19.55
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      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 3155.5,
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    "distance_from_trend": 0.089727,
    "trend_direction": "Improving",
    "fair_value": 2631.38936,
    "distance_from_fair_value": 0.199176,
    "fair_value_direction": "Improving",
    "relative_strength": -0.472681,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.073178,
    "excess_performance": 0.021943,
    "evidence": [
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        "label": "Price vs Trend",
        "positive": true,
        "value": 0.089727,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.006159,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.199176,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.106275,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.004727,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.088027,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.073178,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 8.509744,
        "read": "Demand-led"
      }
    ],
    "volume": {
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      "balance": 8.509744,
      "dry_up": 2.963142,
      "accumulation_observations": 2,
      "distribution_observations": 1
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    "risk": {
      "range_context": 0.021754,
      "annualized_volatility": 0.133156,
      "from_high_reference": -0.01927,
      "from_low_reference": 0.18896
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    "levels": {
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      "fair_value_reference": 2631.38936,
      "structural_low": 2654.0,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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        "horizon": "Near term",
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        "sufficient": true
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      {
        "date": "2026-04-03",
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      {
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      },
      {
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      },
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      },
      {
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      },
      {
        "date": "2026-06-19",
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      },
      {
        "date": "2026-06-26",
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        "stage": 3,
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      },
      {
        "date": "2026-07-03",
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        "fair_value": 2594.742436,
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      },
      {
        "date": "2026-07-10",
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      },
      {
        "date": "2026-07-17",
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        "volume": 38557,
        "typical_volume": 19102.7,
        "trend": 2886.77133,
        "fair_value": 2609.390166,
        "relative_strength": 0.398373,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
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        "direction": 85.163861,
        "energy": 93.818787,
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      },
      {
        "date": "2026-07-24",
        "close": 3124.5,
        "volume": 6809,
        "typical_volume": 18793.05,
        "trend": 2889.643815,
        "fair_value": 2616.67536,
        "relative_strength": -0.284517,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.465336,
        "energy": 92.709622,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 3125.25,
        "volume": 3808,
        "typical_volume": 18195.7,
        "trend": 2893.491244,
        "fair_value": 2623.889429,
        "relative_strength": -1.286449,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.8067,
        "energy": 88.091255,
        "activity_lines": [
          3110.216667,
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          2973.384524,
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      },
      {
        "date": "2026-08-07",
        "close": 3155.5,
        "volume": 370219,
        "typical_volume": 35384.15,
        "trend": 2895.680493,
        "fair_value": 2631.38936,
        "relative_strength": -0.472681,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.348567,
        "energy": 85.895974,
        "activity_lines": [
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      }
    ],
    "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."
    }
  }
}