{ "ticker": { "uuid": "68501309-04d2-4192-8745-735849756c72", "symbol": "WMTS", "name": "iShares MSCI World Materials Sector Advanced UCITS ETF USD Inc", "exchange": "EBS", "country": "CH", "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": "^SSMI", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 58.175, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Structural repair", "architecture_gate": "down", "architecture_direction": -8.814, "architecture_energy": 8.666, "architecture_maturity": 8.225, "architecture_confidence": 64.64, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 69.08, "rotation_up": 19.42, "upward_expansion": 14.31, "deceleration": 54.73, "rotation_down": 35.86, "downward_expansion": 61.97 }, "activity_lines": [ 5.515067, 5.500747, 5.536229, 5.540919 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Stable", "price_acceptance": -0.333333 }, "latest_close": 5.779, "trend_reference": 5.552927, "distance_from_trend": 0.040712, "trend_direction": "Improving", "fair_value": 4.577162, "distance_from_fair_value": 0.262573, "fair_value_direction": "Weakening", "relative_strength": -0.281958, "relative_strength_direction": "Weakening", "price_momentum": 0.034611, "excess_performance": -0.048272, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.040712, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.039306, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.262573, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.012017, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.00282, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.105807, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.034611, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.371245, "read": "Supply-led" } ], "volume": { "latest": 23, "relative_activity": 0.001876, "balance": 0.371245, "dry_up": 0.871678, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.025731, "annualized_volatility": 0.236609, "from_high_reference": -0.051214, "from_low_reference": 0.264556 }, "levels": { "trend_reference": 5.552927, "fair_value_reference": 4.577162, "structural_low": 4.89861, "invalidation": "A 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"balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.753006, "energy": 8.597463, "activity_lines": [ 5.562786, 5.585103, 5.569789, 5.54967 ] }, { "date": "2026-07-03", "close": 5.562, "volume": 0, "typical_volume": 19204.05, "trend": 5.484289, "fair_value": 4.5331, "relative_strength": -3.269123, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.377495, "energy": 17.332669, "activity_lines": [ 5.547672, 5.58027, 5.567618, 5.55622 ] }, { "date": "2026-07-10", "close": 5.421, "volume": 1954, "typical_volume": 19131.0, "trend": 5.500844, "fair_value": 4.541362, "relative_strength": -4.447909, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.36204, "energy": 20.408194, "activity_lines": [ 5.496382, 5.550843, 5.553395, 5.552137 ] }, { "date": "2026-07-17", "close": 5.353, "volume": 5275, "typical_volume": 18105.0, "trend": 5.513166, "fair_value": 4.549473, "relative_strength": -6.34921, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -40.257516, "energy": 46.148167, "activity_lines": [ 5.440933, 5.509092, 5.534678, 5.542599 ] }, { "date": "2026-07-24", "close": 5.364, "volume": 25029, "typical_volume": 17496.65, "trend": 5.523874, "fair_value": 4.557109, "relative_strength": -5.992729, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.878184, "energy": 53.25025, "activity_lines": [ 5.404267, 5.475103, 5.520065, 5.532975 ] }, { "date": "2026-07-31", "close": 5.403, "volume": 12429, "typical_volume": 17445.9, "trend": 5.534991, "fair_value": 4.565652, "relative_strength": -5.432658, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.128987, "energy": 63.844651, "activity_lines": [ 5.3956, 5.45256, 5.510265, 5.525177 ] }, { "date": "2026-08-07", "close": 5.779, "volume": 23, "typical_volume": 12262.55, "trend": 5.552927, "fair_value": 4.577162, "relative_strength": -0.281958, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -8.813914, "energy": 8.665938, "activity_lines": [ 5.515067, 5.500747, 5.536229, 5.540919 ] } ], "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." } } }