{ "ticker": { "uuid": "73edc494-3815-45f5-b24b-3c8ac9c744e8", "symbol": "FLSA", "name": "FRANKLIN TEMPLETON ETF TR FTSE SAUDI ARABIA ETF", "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": 4, "stage_name": "Declining", "phase": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 49.266, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -58.386, "architecture_energy": 55.077, "architecture_maturity": 9.078, "architecture_confidence": 92.305, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 29.14, "rotation_up": 16.26, "upward_expansion": 11.34, "deceleration": 40.31, "rotation_down": 59.37, "downward_expansion": 84.68 }, "activity_lines": [ 32.002253, 32.116936, 32.432049, 32.607491 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 32.4059, "trend_reference": 32.848483, "distance_from_trend": -0.013473, "trend_direction": "Improving", "fair_value": 33.123728, "distance_from_fair_value": -0.021671, "fair_value_direction": "Weakening", "relative_strength": -11.834708, "relative_strength_direction": "Weakening", "price_momentum": -0.054494, "excess_performance": -0.180119, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.013473, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.002263, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.021671, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.0104, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.118347, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.009856, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.054494, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.942974, "read": "Supply-led" } ], "volume": { "latest": 3811, "relative_activity": 0.719545, "balance": 0.942974, "dry_up": 0.476172, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.019525, "annualized_volatility": 0.168767, "from_high_reference": -0.077281, "from_low_reference": 0.049939 }, "levels": { "trend_reference": 32.848483, "fair_value_reference": 33.123728, "structural_low": 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"close": 31.9971, "volume": 2617, "typical_volume": 5787.45, "trend": 32.81858, "fair_value": 33.127535, "relative_strength": -9.553038, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.817861, "energy": 71.241499, "activity_lines": [ 31.930253, 32.214511, 32.565819, 32.706269 ] }, { "date": "2026-07-31", "close": 31.705, "volume": 1388, "typical_volume": 5471.5, "trend": 32.82338, "fair_value": 33.122863, "relative_strength": -11.037396, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.78917, "energy": 72.414278, "activity_lines": [ 31.823347, 32.09289, 32.463885, 32.634425 ] }, { "date": "2026-08-07", "close": 32.4059, "volume": 3811, "typical_volume": 5296.4, "trend": 32.848483, "fair_value": 33.123728, "relative_strength": -11.834708, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.386039, "energy": 55.076606, "activity_lines": [ 32.002253, 32.116936, 32.432049, 32.607491 ] } ], "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." } } }