{ "ticker": { "uuid": "988820f0-460a-4121-b3ee-ca1d57686c74", "symbol": "SJPD", "name": "iShares Core MSCI Japan IMI UCITS ETF USD (Dist)", "exchange": "AMS", "country": "NL", "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": "^AEX", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 92.261, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 70.813, "architecture_energy": 33.737, "architecture_maturity": 53.811, "architecture_confidence": 87.376, "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": 29.77, "rotation_up": 38.23, "upward_expansion": 66.1, "deceleration": 91.19, "rotation_down": 31.12, "downward_expansion": 15.44 }, "activity_lines": [ 8.68827, 8.687657, 8.620577, 8.505973 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 8.978, "trend_reference": 8.371357, "distance_from_trend": 0.072467, "trend_direction": "Improving", "fair_value": 6.581305, "distance_from_fair_value": 0.364167, "fair_value_direction": "Improving", "relative_strength": 1.014978, "relative_strength_direction": "Weakening", "price_momentum": 0.087807, "excess_performance": -0.028855, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.072467, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.04989, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.364167, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.003864, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.01015, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.071785, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.087807, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.884338, "read": "Demand-led" } ], "volume": { "latest": 217709, "relative_activity": 3.778194, "balance": 1.884338, "dry_up": 2.540136, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.027002, "annualized_volatility": 0.222848, "from_high_reference": 0.0, "from_low_reference": 0.285481 }, "levels": { "trend_reference": 8.371357, "fair_value_reference": 6.581305, "structural_low": 7.51, "invalidation": "A sustained loss of 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8.380728 ] }, { "date": "2026-07-10", "close": 8.79305, "volume": 14236, "typical_volume": 40317.05, "trend": 8.235875, "fair_value": 6.496752, "relative_strength": 1.745034, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.659405, "energy": 64.708816, "activity_lines": [ 8.768768, 8.715265, 8.533198, 8.41943 ] }, { "date": "2026-07-17", "close": 8.407, "volume": 218805, "typical_volume": 49468.0, "trend": 8.266239, "fair_value": 6.516598, "relative_strength": -3.538132, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.879258, "energy": 31.81434, "activity_lines": [ 8.653395, 8.667818, 8.536379, 8.43047 ] }, { "date": "2026-07-24", "close": 8.541, "volume": 84401, "typical_volume": 51110.75, "trend": 8.299883, "fair_value": 6.536425, "relative_strength": -1.90872, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.1492, "energy": 25.967897, "activity_lines": [ 8.598287, 8.647643, 8.553511, 8.448197 ] }, { "date": "2026-07-31", "close": 8.551, "volume": 64561, "typical_volume": 51910.6, "trend": 8.333587, "fair_value": 6.557334, "relative_strength": -2.668322, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.286605, "energy": 20.168129, "activity_lines": [ 8.568472, 8.628832, 8.568505, 8.464398 ] }, { "date": "2026-08-07", "close": 8.978, "volume": 217709, "typical_volume": 57622.5, "trend": 8.371357, "fair_value": 6.581305, "relative_strength": 1.014978, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.812831, "energy": 33.736635, "activity_lines": [ 8.68827, 8.687657, 8.620577, 8.505973 ] } ], "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." } } }