{
  "ticker": {
    "uuid": "89c43ac3-2f21-423c-ac56-1cf176d6b5c5",
    "symbol": "UKSR",
    "name": "UBS MSCI United Kingdom IMI Socially Responsible UCITS ETF GBP dis",
    "exchange": "EBS",
    "country": "CH",
    "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": "^SSMI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 93.535,
    "architecture_energy": 97.288,
    "architecture_maturity": 16.553,
    "architecture_confidence": 68.718,
    "architecture_tenure": "New",
    "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": 7.3,
        "rotation_up": 89.93,
        "upward_expansion": 99.99,
        "deceleration": 39.0,
        "rotation_down": 8.19,
        "downward_expansion": 21.99
      },
      "activity_lines": [
        22.197001,
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        20.794795
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 22.735001,
    "trend_reference": 20.539102,
    "distance_from_trend": 0.106913,
    "trend_direction": "Improving",
    "fair_value": 18.272598,
    "distance_from_fair_value": 0.244213,
    "fair_value_direction": "Improving",
    "relative_strength": 1.209915,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.10402,
    "excess_performance": 0.021137,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.106913,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.020471,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.244213,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.124621,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.012099,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.040455,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.10402,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 22.168171,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 8428,
      "relative_activity": 1.244527,
      "balance": 22.168171,
      "dry_up": 1.246742,
      "accumulation_observations": 3,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.018284,
      "annualized_volatility": 0.157509,
      "from_high_reference": 0.0,
      "from_low_reference": 0.237346
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    "levels": {
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      "fair_value_reference": 18.272598,
      "structural_low": 18.374001,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 26,
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        "positive_rate": 0.576923,
        "directional_follow_through": 0.576923,
        "median_excess_return": -0.005374,
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        "best_return": 0.109186,
        "worst_return": -0.052708,
        "sufficient": true
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      },
      {
        "date": "2026-05-01",
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        "typical_volume": 7962.65,
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        "relative_strength": -2.643805,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
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        "date": "2026-05-08",
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      },
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        "date": "2026-05-15",
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        "typical_volume": 8441.45,
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      },
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        "date": "2026-05-22",
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      },
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      },
      {
        "date": "2026-06-05",
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        "typical_volume": 10131.75,
        "trend": 20.140425,
        "fair_value": 17.93458,
        "relative_strength": -2.751212,
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        "regime": "balance",
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        "gate": "mixed",
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        "energy": 7.092332,
        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
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        "typical_volume": 10037.95,
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        "relative_strength": -3.79978,
        "stage": 3,
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        "date": "2026-06-19",
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        "direction": 22.268131,
        "energy": 40.583468,
        "activity_lines": [
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      },
      {
        "date": "2026-06-26",
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        "typical_volume": 7371.8,
        "trend": 20.245383,
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        "relative_strength": -5.434563,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 36.265643,
        "energy": 54.034901,
        "activity_lines": [
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      },
      {
        "date": "2026-07-03",
        "close": 21.35,
        "volume": 6069,
        "typical_volume": 7605.7,
        "trend": 20.283978,
        "fair_value": 18.068102,
        "relative_strength": -4.68988,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 58.685827,
        "energy": 71.501525,
        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
        "close": 21.48,
        "volume": 6701,
        "typical_volume": 7624.35,
        "trend": 20.335483,
        "fair_value": 18.107095,
        "relative_strength": -2.741243,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 84.610999,
        "energy": 87.040692,
        "activity_lines": [
          21.13,
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          20.350562
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      },
      {
        "date": "2026-07-17",
        "close": 21.700001,
        "volume": 16229,
        "typical_volume": 8179.45,
        "trend": 20.378323,
        "fair_value": 18.145288,
        "relative_strength": -2.382793,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.956659,
        "energy": 93.713989,
        "activity_lines": [
          21.378667,
          21.000273,
          20.57051,
          20.438595
        ]
      },
      {
        "date": "2026-07-24",
        "close": 21.879999,
        "volume": 3055,
        "typical_volume": 7875.45,
        "trend": 20.425679,
        "fair_value": 18.183361,
        "relative_strength": -1.339358,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.815743,
        "energy": 94.006807,
        "activity_lines": [
          21.612,
          21.219273,
          20.727371,
          20.535477
        ]
      },
      {
        "date": "2026-07-31",
        "close": 22.190001,
        "volume": 6060,
        "typical_volume": 7944.0,
        "trend": 20.479904,
        "fair_value": 18.226157,
        "relative_strength": 0.050025,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.746754,
        "energy": 94.579802,
        "activity_lines": [
          21.858667,
          21.451182,
          20.904995,
          20.649305
        ]
      },
      {
        "date": "2026-08-07",
        "close": 22.735001,
        "volume": 8428,
        "typical_volume": 6772.05,
        "trend": 20.539102,
        "fair_value": 18.272598,
        "relative_strength": 1.209915,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 93.534923,
        "energy": 97.288488,
        "activity_lines": [
          22.197001,
          21.746364,
          21.121648,
          20.794795
        ]
      }
    ],
    "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."
    }
  }
}