{ "ticker": { "uuid": "90d029d3-37e5-4816-a773-214881babeaa", "symbol": "2562", "name": "Listed Index Fund US Equity (Dow Average) Currency Hedge", "exchange": "JPX", "country": "JP", "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": "^N225", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 83.183, "architecture_energy": 61.446, "architecture_maturity": 55.15, "architecture_confidence": 66.751, "architecture_tenure": "Developing", "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": 9.61, "rotation_up": 58.03, "upward_expansion": 82.91, "deceleration": 67.09, "rotation_down": 25.69, "downward_expansion": 9.58 }, "activity_lines": [ 3666.466667, 3650.788938, 3599.629274, 3548.567534 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 3736.0, "trend_reference": 3502.23252, "distance_from_trend": 0.066748, "trend_direction": "Improving", "fair_value": 3129.374116, "distance_from_fair_value": 0.193849, "fair_value_direction": "Improving", "relative_strength": -9.801416, "relative_strength_direction": "Improving", "price_momentum": 0.078522, "excess_performance": -0.130736, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.066748, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.022382, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.193849, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.050716, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.098014, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.099675, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.078522, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.54222, "read": "Demand-led" } ], "volume": { "latest": 56262, "relative_activity": 1.124871, "balance": 2.54222, "dry_up": 1.516897, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.01797, "annualized_volatility": 0.100264, "from_high_reference": -0.013728, "from_low_reference": 0.187235 }, "levels": { "trend_reference": 3502.23252, "fair_value_reference": 3129.374116, "structural_low": 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-9.801416, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.183056, "energy": 61.446189, "activity_lines": [ 3666.466667, 3650.788938, 3599.629274, 3548.567534 ] } ], "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." } } }