{ "ticker": { "uuid": "74cdc0fa-9d66-4cd0-adda-02640a48315a", "symbol": "VJPN", "name": "Vanguard FTSE Japan UCITS ETF USD Distributing", "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": 59.869, "architecture_energy": 32.7, "architecture_maturity": 58.541, "architecture_confidence": 88.67, "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": 24.59, "rotation_up": 37.76, "upward_expansion": 61.25, "deceleration": 85.41, "rotation_down": 27.0, "downward_expansion": 20.25 }, "activity_lines": [ 44.252334, 44.325537, 43.744913, 43.050878 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 45.380001, "trend_reference": 42.220657, "distance_from_trend": 0.074829, "trend_direction": "Improving", "fair_value": 34.604668, "distance_from_fair_value": 0.311384, "fair_value_direction": "Improving", "relative_strength": 1.336306, "relative_strength_direction": "Weakening", "price_momentum": 0.104697, "excess_performance": -0.011965, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.074829, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.053942, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.311384, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.037035, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.013363, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.05072, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.104697, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.283865, "read": "Demand-led" } ], "volume": { "latest": 7957, "relative_activity": 0.361909, "balance": 3.283865, "dry_up": 0.999229, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.029179, "annualized_volatility": 0.196316, "from_high_reference": -0.002637, "from_low_reference": 0.28893 }, "levels": { "trend_reference": 42.220657, "fair_value_reference": 34.604668, "structural_low": 38.195, "invalidation": "A 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44.057587, 42.874465, 42.231672 ] }, { "date": "2026-07-10", "close": 45.060001, "volume": 38288, "typical_volume": 35161.05, "trend": 41.447905, "fair_value": 34.204994, "relative_strength": 3.60219, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.395045, "energy": 81.203436, "activity_lines": [ 44.883995, 44.346158, 43.152913, 42.480643 ] }, { "date": "2026-07-17", "close": 42.945, "volume": 25631, "typical_volume": 24650.15, "trend": 41.624778, "fair_value": 34.30015, "relative_strength": -2.129719, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.769662, "energy": 47.749383, "activity_lines": [ 44.297334, 44.179129, 43.217372, 42.57723 ] }, { "date": "2026-07-24", "close": 43.865002, "volume": 20487, "typical_volume": 24643.1, "trend": 41.834482, "fair_value": 34.395163, "relative_strength": 0.009599, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.293201, "energy": 36.984881, "activity_lines": [ 44.053334, 44.170059, 43.369933, 42.72176 ] }, { "date": "2026-07-31", "close": 43.584999, "volume": 33802, "typical_volume": 25086.35, "trend": 42.029193, "fair_value": 34.493903, "relative_strength": -1.525992, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.325131, "energy": 25.239321, "activity_lines": [ 43.822334, 44.089722, 43.480398, 42.834697 ] }, { "date": "2026-08-07", "close": 45.380001, "volume": 7957, "typical_volume": 21986.2, "trend": 42.220657, "fair_value": 34.604668, "relative_strength": 1.336306, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.869179, "energy": 32.699575, "activity_lines": [ 44.252334, 44.325537, 43.744913, 43.050878 ] } ], "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." } } }