{ "ticker": { "uuid": "7a00e3bc-4e91-496f-b043-be9afa7f4237", "symbol": "QSEP", "name": "FIRST TRUST GLOBAL FUNDS PUBLIC", "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": 72.683, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 90.054, "architecture_energy": 72.85, "architecture_maturity": 82.476, "architecture_confidence": 68.508, "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": 22.0, "rotation_up": 56.77, "upward_expansion": 83.0, "deceleration": 70.99, "rotation_down": 29.91, "downward_expansion": 12.0 }, "activity_lines": [ 24.609834, 24.565137, 24.417881, 24.082108 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 24.870001, "trend_reference": 23.678083, "distance_from_trend": 0.050338, "trend_direction": "Improving", "fair_value": 22.03823, "distance_from_fair_value": 0.128494, "fair_value_direction": "Improving", "relative_strength": -1.269045, "relative_strength_direction": "Weakening", "price_momentum": 0.091148, "excess_performance": 0.039913, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.050338, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.025739, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.128494, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.007671, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.01269, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.027593, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.091148, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 12.780556, "read": "Demand-led" } ], "volume": { "latest": 3699, "relative_activity": 1.076292, "balance": 12.780556, "dry_up": 0.313082, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.00665, "annualized_volatility": 0.06907, "from_high_reference": 0.0, "from_low_reference": 0.130455 }, "levels": { "trend_reference": 23.678083, "fair_value_reference": 22.03823, "structural_low": 22.0, "invalidation": "A 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"up", "direction": 77.521256, "energy": 88.464128, "activity_lines": [ 24.540834, 24.504273, 24.141869, 23.816919 ] }, { "date": "2026-07-17", "close": 24.504999, "volume": 0, "typical_volume": 4972.9, "trend": 23.518916, "fair_value": 21.957621, "relative_strength": -0.360391, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.991536, "energy": 84.86676, "activity_lines": [ 24.538, 24.512273, 24.216857, 23.884156 ] }, { "date": "2026-07-24", "close": 24.450001, "volume": 250, "typical_volume": 4957.9, "trend": 23.56675, "fair_value": 21.983583, "relative_strength": -1.720483, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.713001, "energy": 79.76434, "activity_lines": [ 24.51, 24.506137, 24.278607, 23.944226 ] }, { "date": "2026-07-31", "close": 24.452499, "volume": 355, "typical_volume": 4759.85, "trend": 23.618583, "fair_value": 22.009036, "relative_strength": -2.769295, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.524356, "energy": 59.465813, "activity_lines": [ 24.491667, 24.497955, 24.332738, 24.001371 ] }, { "date": "2026-08-07", "close": 24.870001, "volume": 3699, "typical_volume": 3436.8, "trend": 23.678083, "fair_value": 22.03823, "relative_strength": -1.269045, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.053525, "energy": 72.850086, "activity_lines": [ 24.609834, 24.565137, 24.417881, 24.082108 ] } ], "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." } } }