{ "ticker": { "uuid": "6b7869dd-615d-440e-9cac-66c0a7183925", "symbol": "IJPE", "name": "iShares MSCI Japan EUR Hedged UCITS ETF (Acc)", "exchange": "AMS", "country": "NL", "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": "^AEX", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 55.479, "architecture_energy": 31.598, "architecture_maturity": 58.967, "architecture_confidence": 83.552, "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": 22.23, "rotation_up": 39.62, "upward_expansion": 63.63, "deceleration": 82.61, "rotation_down": 27.05, "downward_expansion": 20.29 }, "activity_lines": [ 141.024004, 141.435275, 139.48512, 136.873302 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 143.770004, "trend_reference": 133.701, "distance_from_trend": 0.07531, "trend_direction": "Improving", "fair_value": 99.573526, "distance_from_fair_value": 0.443858, "fair_value_direction": "Improving", "relative_strength": 3.26173, "relative_strength_direction": "Weakening", "price_momentum": 0.103292, "excess_performance": -0.01337, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.07531, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.063907, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.443858, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.007387, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.032617, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.081846, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.103292, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.028485, "read": "Demand-led" } ], "volume": { "latest": 17098, "relative_activity": 1.139343, "balance": 3.028485, "dry_up": 1.437156, "accumulation_observations": 6, "distribution_observations": 2 }, "risk": { "range_context": 0.032707, "annualized_volatility": 0.198542, "from_high_reference": -0.015004, "from_low_reference": 0.395419 }, "levels": { "trend_reference": 133.701, "fair_value_reference": 99.573526, "structural_low": 119.779999, "invalidation": "A 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"typical_volume": 15534.25, "trend": 132.409334, "fair_value": 98.686154, "relative_strength": 4.202596, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.943493, "energy": 42.045109, "activity_lines": [ 141.283334, 141.389636, 138.401476, 135.817032 ] }, { "date": "2026-07-31", "close": 138.070007, "volume": 27761, "typical_volume": 16364.85, "trend": 133.0585, "fair_value": 99.11375, "relative_strength": 0.48489, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.32995, "energy": 29.19948, "activity_lines": [ 140.08067, 140.908183, 138.703858, 136.182237 ] }, { "date": "2026-08-07", "close": 143.770004, "volume": 17098, "typical_volume": 15006.9, "trend": 133.701, "fair_value": 99.573526, "relative_strength": 3.26173, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.479248, "energy": 31.597858, "activity_lines": [ 141.024004, 141.435275, 139.48512, 136.873302 ] } ], "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." } } }