{
  "ticker": {
    "uuid": "7a57864f-4bfd-442b-89f5-06ccfab64e00",
    "symbol": "MWOA",
    "name": "Amundi ETF ICAV - Amundi S&P World Industrials Screened UCITS ETF Dist",
    "exchange": "GER",
    "country": "DE",
    "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": "^GDAXI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 91.78,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 78.773,
    "architecture_energy": 52.703,
    "architecture_maturity": 58.617,
    "architecture_confidence": 58.755,
    "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": 27.04,
        "rotation_up": 48.45,
        "upward_expansion": 75.84,
        "deceleration": 71.25,
        "rotation_down": 26.33,
        "downward_expansion": 7.17
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
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    "latest_close": 20.98,
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    "distance_from_trend": 0.075224,
    "trend_direction": "Improving",
    "fair_value": 15.478526,
    "distance_from_fair_value": 0.355426,
    "fair_value_direction": "Weakening",
    "relative_strength": 5.097731,
    "relative_strength_direction": "Weakening",
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        "read": "Above"
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        "label": "Trend direction",
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        "read": "Rising"
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      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.355426,
        "read": "Premium"
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      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.011636,
        "read": "Moving away"
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        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.050977,
        "read": "Leading"
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        "label": "Relative strength direction",
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        "value": -0.085594,
        "read": "Weakening"
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      {
        "label": "Price momentum",
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        "value": 0.089172,
        "read": "Positive"
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        "label": "Volume balance",
        "positive": false,
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        "read": "Supply-led"
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      "accumulation_observations": 1,
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      "from_low_reference": 0.406328
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      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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        "energy": 39.786403,
        "activity_lines": [
          19.843333,
          19.829454,
          19.453915,
          19.191702
        ]
      },
      {
        "date": "2026-06-19",
        "close": 20.35,
        "volume": 0,
        "typical_volume": 2080.5,
        "trend": 18.855732,
        "fair_value": 15.063174,
        "relative_strength": 9.636261,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.98491,
        "energy": 48.84083,
        "activity_lines": [
          20.0224,
          19.934182,
          19.556668,
          19.296197
        ]
      },
      {
        "date": "2026-06-26",
        "close": 20.32,
        "volume": 0,
        "typical_volume": 1903.45,
        "trend": 18.958589,
        "fair_value": 15.122817,
        "relative_strength": 10.469549,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.869632,
        "energy": 61.084813,
        "activity_lines": [
          20.149867,
          20.014945,
          19.647705,
          19.390666
        ]
      },
      {
        "date": "2026-07-03",
        "close": 20.639999,
        "volume": 0,
        "typical_volume": 1887.45,
        "trend": 19.064996,
        "fair_value": 15.186173,
        "relative_strength": 7.078027,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.894151,
        "energy": 74.936963,
        "activity_lines": [
          20.340266,
          20.144145,
          19.764181,
          19.499144
        ]
      },
      {
        "date": "2026-07-10",
        "close": 20.365,
        "volume": 3932,
        "typical_volume": 1741.05,
        "trend": 19.158217,
        "fair_value": 15.246913,
        "relative_strength": 8.285923,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.77969,
        "energy": 75.402957,
        "activity_lines": [
          20.388866,
          20.204436,
          19.849714,
          19.583015
        ]
      },
      {
        "date": "2026-07-17",
        "close": 20.084999,
        "volume": 4451,
        "typical_volume": 1905.3,
        "trend": 19.245399,
        "fair_value": 15.304799,
        "relative_strength": 7.46544,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.681857,
        "energy": 64.437055,
        "activity_lines": [
          20.319666,
          20.204454,
          19.905509,
          19.642807
        ]
      },
      {
        "date": "2026-07-24",
        "close": 20.280001,
        "volume": 1034,
        "typical_volume": 1953.5,
        "trend": 19.334008,
        "fair_value": 15.362701,
        "relative_strength": 7.058851,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.077686,
        "energy": 47.458594,
        "activity_lines": [
          20.295667,
          20.240382,
          19.979271,
          19.709556
        ]
      },
      {
        "date": "2026-07-31",
        "close": 20.174999,
        "volume": 1463,
        "typical_volume": 1851.0,
        "trend": 19.41747,
        "fair_value": 15.421287,
        "relative_strength": 4.064082,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.536847,
        "energy": 33.943742,
        "activity_lines": [
          20.241333,
          20.247145,
          20.036795,
          19.763813
        ]
      },
      {
        "date": "2026-08-07",
        "close": 20.98,
        "volume": 950,
        "typical_volume": 1851.7,
        "trend": 19.512216,
        "fair_value": 15.478526,
        "relative_strength": 5.097731,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.772964,
        "energy": 52.703428,
        "activity_lines": [
          20.465,
          20.390982,
          20.161419,
          19.864622
        ]
      }
    ],
    "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."
    }
  }
}