{ "ticker": { "uuid": "873eec01-d817-47b6-bb13-8973603a3b1e", "symbol": "FLGR", "name": "FRANKLIN TEMPLETON ETF TR FTSE GERMANY ETF", "exchange": "NYSEARCA", "country": "US", "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": "SPY", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 74.313, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "mixed", "architecture_direction": 43.669, "architecture_energy": 47.872, "architecture_maturity": 35.655, "architecture_confidence": 53.148, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 46.91, "rotation_up": 59.41, "upward_expansion": 54.03, "deceleration": 28.22, "rotation_down": 26.42, "downward_expansion": 24.03 }, "activity_lines": [ 33.211, 32.822634, 32.640478, 32.598083 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 34.3163, "trend_reference": 32.816893, "distance_from_trend": 0.04569, "trend_direction": "Weakening", "fair_value": 27.673601, "distance_from_fair_value": 0.240037, "fair_value_direction": "Improving", "relative_strength": -6.909842, "relative_strength_direction": "Improving", "price_momentum": -0.002723, "excess_performance": -0.128348, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.04569, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.002291, "read": "Falling" 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29.9606, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 6, "median_return": 0.001833, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.006133, "regime_survival": 0.5, "best_return": 0.051859, "worst_return": -0.022419, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.012803, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.038073, "regime_survival": 0.25, "best_return": 0.06115, "worst_return": -0.057227, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.107183, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.055927, "regime_survival": 0.333333, "best_return": 0.149329, "worst_return": -0.027504, "sufficient": false }, { 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32.605181 ] }, { "date": "2026-07-10", "close": 32.3041, "volume": 14641, "typical_volume": 29792.3, "trend": 32.911543, "fair_value": 27.375731, "relative_strength": -11.545387, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.990369, "energy": 16.114406, "activity_lines": [ 32.383597, 32.401147, 32.343769, 32.563928 ] }, { "date": "2026-07-17", "close": 32.0599, "volume": 12695, "typical_volume": 29058.55, "trend": 32.871539, "fair_value": 27.442295, "relative_strength": -10.467407, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.771513, "energy": 19.889333, "activity_lines": [ 32.285228, 32.338906, 32.321173, 32.508983 ] }, { "date": "2026-07-24", "close": 32.13, "volume": 19684, "typical_volume": 28336.95, "trend": 32.820439, "fair_value": 27.507854, "relative_strength": -9.375283, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.122712, "energy": 18.544542, "activity_lines": [ 32.22948, 32.29926, 32.319539, 32.461142 ] }, { "date": "2026-07-31", "close": 33.4424, "volume": 12728, "typical_volume": 27413.15, "trend": 32.815683, "fair_value": 27.587866, "relative_strength": -6.417118, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.628713, "energy": 4.194317, "activity_lines": [ 32.633973, 32.487869, 32.443353, 32.501269 ] }, { "date": "2026-08-07", "close": 34.3163, "volume": 23899, "typical_volume": 27359.7, "trend": 32.816893, "fair_value": 27.673601, "relative_strength": -6.909842, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 43.669204, "energy": 47.872032, "activity_lines": [ 33.211, 32.822634, 32.640478, 32.598083 ] } ], "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." } } }