{
  "ticker": {
    "uuid": "74a09943-2a00-43b6-a401-f11f18815218",
    "symbol": "WRDA",
    "name": "UBS Core MSCI World UCITS ETF USD acc",
    "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": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 80.566,
    "architecture_energy": 55.487,
    "architecture_maturity": 73.387,
    "architecture_confidence": 66.474,
    "architecture_tenure": "Developing",
    "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": 25.61,
        "rotation_up": 49.59,
        "upward_expansion": 79.41,
        "deceleration": 71.26,
        "rotation_down": 28.36,
        "downward_expansion": 8.41
      },
      "activity_lines": [
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        32.512269
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 34.3225,
    "trend_reference": 31.802833,
    "distance_from_trend": 0.079228,
    "trend_direction": "Improving",
    "fair_value": 27.485971,
    "distance_from_fair_value": 0.248728,
    "fair_value_direction": "Improving",
    "relative_strength": 2.015818,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.12903,
    "excess_performance": 0.077794,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.079228,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.034651,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.248728,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.053123,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.020158,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.00887,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.12903,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.731551,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 475504,
      "relative_activity": 0.700037,
      "balance": 2.731551,
      "dry_up": 0.856029,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.019873,
      "annualized_volatility": 0.115096,
      "from_high_reference": -0.140616,
      "from_low_reference": 0.233513
    },
    "levels": {
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      "fair_value_reference": 27.485971,
      "structural_low": 28.705,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 28,
        "median_return": 0.010419,
        "positive_rate": 0.607143,
        "directional_follow_through": 0.607143,
        "median_excess_return": 0.002017,
        "regime_survival": 0.714286,
        "best_return": 0.050937,
        "worst_return": -0.181442,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "worst_return": -0.152084,
        "sufficient": true
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      {
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        "worst_return": -0.17398,
        "sufficient": true
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        "horizon": "Full cycle",
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        "fair_value": 26.823805,
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        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
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      },
      {
        "date": "2026-05-08",
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      },
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        "date": "2026-05-15",
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      },
      {
        "date": "2026-05-22",
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        "energy": 88.514718,
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      },
      {
        "date": "2026-05-29",
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        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
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        "direction": 80.658822,
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      },
      {
        "date": "2026-06-05",
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        "relative_strength": 4.283892,
        "stage": 2,
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      },
      {
        "date": "2026-06-12",
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        "typical_volume": 719120.45,
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      },
      {
        "date": "2026-06-19",
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      },
      {
        "date": "2026-06-26",
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        "typical_volume": 665546.95,
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        "fair_value": 27.216015,
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        "stage": 2,
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        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.897706,
        "energy": 65.928132,
        "activity_lines": [
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      },
      {
        "date": "2026-07-03",
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        "typical_volume": 654606.45,
        "trend": 31.283083,
        "fair_value": 27.265742,
        "relative_strength": 1.997578,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
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        "direction": 70.901909,
        "energy": 72.944348,
        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 653619.6,
        "trend": 31.393,
        "fair_value": 27.309726,
        "relative_strength": 3.464863,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.381722,
        "energy": 70.147675,
        "activity_lines": [
          33.453333,
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      },
      {
        "date": "2026-07-17",
        "close": 33.0925,
        "volume": 600009,
        "typical_volume": 651965.95,
        "trend": 31.487667,
        "fair_value": 27.350588,
        "relative_strength": 1.220412,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.976743,
        "energy": 58.469143,
        "activity_lines": [
          33.350667,
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          32.690214,
          32.129527
        ]
      },
      {
        "date": "2026-07-24",
        "close": 33.3075,
        "volume": 839294,
        "typical_volume": 667681.7,
        "trend": 31.588667,
        "fair_value": 27.391157,
        "relative_strength": 0.566582,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.721919,
        "energy": 50.435305,
        "activity_lines": [
          33.314333,
          33.324182,
          32.819143,
          32.246935
        ]
      },
      {
        "date": "2026-07-31",
        "close": 33.065,
        "volume": 411043,
        "typical_volume": 667818.75,
        "trend": 31.686167,
        "fair_value": 27.434183,
        "relative_strength": -1.376572,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.854129,
        "energy": 40.60511,
        "activity_lines": [
          33.223667,
          33.2835,
          32.912321,
          32.342183
        ]
      },
      {
        "date": "2026-08-07",
        "close": 34.3225,
        "volume": 475504,
        "typical_volume": 679255.4,
        "trend": 31.802833,
        "fair_value": 27.485971,
        "relative_strength": 2.015818,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.566028,
        "energy": 55.486533,
        "activity_lines": [
          33.564333,
          33.470682,
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          32.512269
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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."
    }
  }
}