{
  "ticker": {
    "uuid": "8e4fbdf4-5179-48dd-a661-41d442730543",
    "symbol": "FLXT",
    "name": "Franklin FTSE Taiwan UCITS ETF",
    "exchange": "PAR",
    "country": "FR",
    "assetType": "etf"
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  "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": "^FCHI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 36.92,
    "architecture_energy": 28.431,
    "architecture_maturity": 73.295,
    "architecture_confidence": 90.316,
    "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."
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        "balance": 41.77,
        "rotation_up": 26.25,
        "upward_expansion": 60.25,
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        "rotation_down": 31.57,
        "downward_expansion": 21.58
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      "activity_direction": "Contracting",
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    "fair_value_direction": "Weakening",
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        "label": "Trend direction",
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        "read": "Rising"
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      {
        "label": "Price vs current Fair Value",
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        "read": "Premium"
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        "label": "Fair Value direction",
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        "read": "Moving away"
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        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.275336,
        "read": "Leading"
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      {
        "label": "Relative strength direction",
        "positive": false,
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        "read": "Weakening"
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      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.48495,
        "read": "Positive"
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        "label": "Volume balance",
        "positive": false,
        "value": 0.605219,
        "read": "Supply-led"
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      "accumulation_observations": 3,
      "distribution_observations": 5
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      "from_high_reference": -0.071938,
      "from_low_reference": 0.93598
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      "fair_value_reference": 37.567148,
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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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        "horizon": "Extended",
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        "end": "2026-08-07",
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        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 48.843287,
        "energy": 47.123989,
        "activity_lines": [
          59.242134,
          60.018564,
          57.103991,
          53.531153
        ]
      },
      {
        "date": "2026-07-31",
        "close": 55.655998,
        "volume": 15611,
        "typical_volume": 4322.2,
        "trend": 49.477567,
        "fair_value": 37.319069,
        "relative_strength": 24.097134,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.82542,
        "energy": 26.626684,
        "activity_lines": [
          57.765066,
          59.2474,
          57.337419,
          53.97054
        ]
      },
      {
        "date": "2026-08-07",
        "close": 59.150002,
        "volume": 15087,
        "typical_volume": 5074.6,
        "trend": 50.182967,
        "fair_value": 37.567148,
        "relative_strength": 27.533618,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.920159,
        "energy": 28.431352,
        "activity_lines": [
          57.782467,
          59.124346,
          57.835162,
          54.594568
        ]
      }
    ],
    "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."
    }
  }
}