{ "ticker": { "uuid": "8c9ecbb1-540b-456a-9e1e-9afbd973f40f", "symbol": "PSRE", "name": "Invesco RAFI Europe Fundamental Value UCITS ETF", "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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 68.716, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 81.485, "architecture_energy": 76.747, "architecture_maturity": 35.565, "architecture_confidence": 70.941, "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": 17.84, "rotation_up": 77.78, "upward_expansion": 91.51, "deceleration": 42.11, "rotation_down": 10.07, "downward_expansion": 15.84 }, "activity_lines": [ 1384.273333, 1371.106727, 1364.084947, 1355.927579 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 1406.2, "trend_reference": 1346.211169, "distance_from_trend": 0.044561, "trend_direction": "Improving", "fair_value": 1106.630419, "distance_from_fair_value": 0.270704, "fair_value_direction": "Improving", "relative_strength": 0.091369, "relative_strength_direction": "Weakening", "price_momentum": 0.047159, "excess_performance": -0.004076, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.044561, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.026664, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.270704, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.015506, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.000914, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.019592, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.047159, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.618085, "read": "Demand-led" } ], "volume": { "latest": 10344, "relative_activity": 0.633674, "balance": 1.618085, "dry_up": 0.893401, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.017042, "annualized_volatility": 0.138733, "from_high_reference": -0.005798, "from_low_reference": 0.215457 }, "levels": { "trend_reference": 1346.211169, "fair_value_reference": 1106.630419, 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"2026-07-17", "close": 1355.4, "volume": 3278, "typical_volume": 17661.95, "trend": 1336.191777, "fair_value": 1097.597332, "relative_strength": -0.755981, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.698268, "energy": 15.023081, "activity_lines": [ 1352.106667, 1354.787824, 1351.348068, 1346.27627 ] }, { "date": "2026-07-24", "close": 1369.6, "volume": 26312, "typical_volume": 18372.05, "trend": 1339.35934, "fair_value": 1100.414612, "relative_strength": -0.972367, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.485878, "energy": 30.20811, "activity_lines": [ 1358.286667, 1356.919689, 1354.023624, 1348.431639 ] }, { "date": "2026-07-31", "close": 1392.0, "volume": 18401, "typical_volume": 18603.7, "trend": 1342.653587, "fair_value": 1103.467715, "relative_strength": -0.610799, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.632869, "energy": 52.883371, "activity_lines": [ 1370.48, 1362.841774, 1358.59238, 1351.82781 ] }, { "date": "2026-08-07", "close": 1406.2, "volume": 10344, "typical_volume": 16323.85, "trend": 1346.211169, "fair_value": 1106.630419, "relative_strength": 0.091369, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.48485, "energy": 76.746779, "activity_lines": [ 1384.273333, 1371.106727, 1364.084947, 1355.927579 ] } ], "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." } } }