{ "ticker": { "uuid": "78c2ec0c-83b4-48e3-b040-967e02539537", "symbol": "UNCU", "name": "First Trust US Equity Income UCITS ETF Class B", "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": 80.458, "architecture_energy": 83.599, "architecture_maturity": 41.292, "architecture_confidence": 75.739, "architecture_tenure": "Established", "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": 1.21, "rotation_up": 84.25, "upward_expansion": 95.92, "deceleration": 42.55, "rotation_down": 9.93, "downward_expansion": 17.92 }, "activity_lines": [ 49.723668, 48.996318, 47.862536, 47.058919 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 50.240002, "trend_reference": 46.043083, "distance_from_trend": 0.091152, "trend_direction": "Improving", "fair_value": 39.255897, "distance_from_fair_value": 0.279808, "fair_value_direction": "Improving", "relative_strength": 5.976335, "relative_strength_direction": "Improving", "price_momentum": 0.101754, "excess_performance": 0.050519, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.091152, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.057083, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.279808, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.071214, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.059763, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.0197, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.101754, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 7.249722, "read": "Demand-led" } ], "volume": { "latest": 6328, "relative_activity": 2.061104, "balance": 7.249722, "dry_up": 1.266774, "accumulation_observations": 6, "distribution_observations": 1 }, "risk": { "range_context": 0.021442, "annualized_volatility": 0.122727, "from_high_reference": -0.014999, "from_low_reference": 0.294428 }, "levels": { "trend_reference": 46.043083, "fair_value_reference": 39.255897, "structural_low": 43.4375, "invalidation": "A 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92.240512, "activity_lines": [ 48.474, 47.80809, 46.87344, 46.22879 ] }, { "date": "2026-07-24", "close": 49.450001, "volume": 1762, "typical_volume": 2810.85, "trend": 45.501333, "fair_value": 39.044888, "relative_strength": 6.210033, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.452198, "energy": 87.861739, "activity_lines": [ 48.950667, 48.217545, 47.196143, 46.500984 ] }, { "date": "2026-07-31", "close": 49.6875, "volume": 528, "typical_volume": 2812.6, "trend": 45.778166, "fair_value": 39.14851, "relative_strength": 5.270362, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.784838, "energy": 83.934747, "activity_lines": [ 49.303834, 48.586909, 47.517476, 46.771059 ] }, { "date": "2026-08-07", "close": 50.240002, "volume": 6328, "typical_volume": 3070.2, "trend": 46.043083, "fair_value": 39.255897, "relative_strength": 5.976335, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.457688, "energy": 83.599404, "activity_lines": [ 49.723668, 48.996318, 47.862536, 47.058919 ] } ], "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." } } }