{
  "ticker": {
    "uuid": "8c9f7a86-45bd-4703-a187-54895a2d44e1",
    "symbol": "RIEE",
    "name": "L&G Emerging Markets Equity UCITS ETF USD Acc",
    "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": 79.853,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 9.332,
    "architecture_energy": 19.9,
    "architecture_maturity": 64.377,
    "architecture_confidence": 83.38,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 62.52,
        "rotation_up": 16.38,
        "upward_expansion": 45.61,
        "deceleration": 87.97,
        "rotation_down": 41.02,
        "downward_expansion": 28.27
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      "activity_lines": [
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      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.333333
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    "trend_direction": "Improving",
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    "distance_from_fair_value": 0.357826,
    "fair_value_direction": "Weakening",
    "relative_strength": 3.94583,
    "relative_strength_direction": "Weakening",
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        "read": "Rising"
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        "label": "Price vs current Fair Value",
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        "value": 0.357826,
        "read": "Premium"
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      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.079801,
        "read": "Moving away"
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      {
        "label": "Relative Strength vs benchmark",
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        "value": 0.039458,
        "read": "Leading"
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      {
        "label": "Relative strength direction",
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        "value": -0.151635,
        "read": "Weakening"
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      {
        "label": "Price momentum",
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        "value": 0.120875,
        "read": "Positive"
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        "label": "Volume balance",
        "positive": false,
        "value": 0.635584,
        "read": "Supply-led"
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      "accumulation_observations": 2,
      "distribution_observations": 3
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      "annualized_volatility": 0.224764,
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      "fair_value_reference": 10.906408,
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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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      {
        "date": "2026-07-03",
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      },
      {
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        "energy": 54.160765,
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      },
      {
        "date": "2026-07-17",
        "close": 14.386,
        "volume": 23173,
        "typical_volume": 3278.05,
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        "fair_value": 10.827381,
        "relative_strength": 4.637051,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
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        "direction": 34.052642,
        "energy": 24.870562,
        "activity_lines": [
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          14.533312
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      },
      {
        "date": "2026-07-24",
        "close": 14.605,
        "volume": 21883,
        "typical_volume": 4364.25,
        "trend": 14.069667,
        "fair_value": 10.853798,
        "relative_strength": 4.60723,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
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        "direction": 30.328491,
        "energy": 24.48425,
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          14.941095,
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      },
      {
        "date": "2026-07-31",
        "close": 14.527,
        "volume": 62267,
        "typical_volume": 7473.4,
        "trend": 14.140033,
        "fair_value": 10.879306,
        "relative_strength": 2.539378,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.038674,
        "energy": 22.89517,
        "activity_lines": [
          14.6746,
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          14.942019,
          14.602944
        ]
      },
      {
        "date": "2026-08-07",
        "close": 14.809,
        "volume": 44393,
        "typical_volume": 9679.15,
        "trend": 14.2092,
        "fair_value": 10.906408,
        "relative_strength": 3.94583,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.332152,
        "energy": 19.899679,
        "activity_lines": [
          14.6634,
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          14.962924,
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      }
    ],
    "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."
    }
  }
}