{ "ticker": { "uuid": "9d946e1a-6f17-422e-9fed-eca3542f9a7a", "symbol": "2567", "name": "NZAM ETF S&P/JPX Carbon Efficient Index", "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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 93.986, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 57.818, "architecture_energy": 39.278, "architecture_maturity": 54.592, "architecture_confidence": 61.279, "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": 17.73, "rotation_up": 51.4, "upward_expansion": 78.16, "deceleration": 67.74, "rotation_down": 21.94, "downward_expansion": 4.83 }, "activity_lines": [ 540.140018, 536.818193, 528.160959, 519.230988 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 541.700012, "trend_reference": 508.495349, "distance_from_trend": 0.0653, "trend_direction": "Improving", "fair_value": 384.098898, "distance_from_fair_value": 0.410314, "fair_value_direction": "Improving", "relative_strength": -4.844064, "relative_strength_direction": "Improving", "price_momentum": 0.124059, "excess_performance": -0.085199, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.0653, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.059348, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.410314, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.00834, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.048441, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.055068, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.124059, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.880515, "read": "Demand-led" } ], "volume": { "latest": 170, "relative_activity": 0.124542, "balance": 1.880515, "dry_up": 1.327839, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.043623, "annualized_volatility": 0.20572, "from_high_reference": -0.032679, "from_low_reference": 0.367502 }, "levels": { "trend_reference": 508.495349, "fair_value_reference": 384.098898, "structural_low": 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"Re-accelerating", "gate": "up", "direction": 82.898913, "energy": 62.537821, "activity_lines": [ 532.886662, 529.130906, 517.20857, 509.424007 ] }, { "date": "2026-07-17", "close": 546.900024, "volume": 4680, "typical_volume": 1617.0, "trend": 500.596252, "fair_value": 379.303115, "relative_strength": -2.468511, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.86974, "energy": 50.344553, "activity_lines": [ 537.846671, 533.180002, 520.905715, 512.618714 ] }, { "date": "2026-07-24", "close": 531.400024, "volume": 190, "typical_volume": 1569.5, "trend": 503.072281, "fair_value": 380.869695, "relative_strength": -5.711265, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.248213, "energy": 42.811623, "activity_lines": [ 536.713346, 533.703642, 523.010956, 514.606054 ] }, { "date": "2026-07-31", "close": 538.900024, "volume": 2210, "typical_volume": 1400.0, "trend": 505.841287, "fair_value": 382.486159, "relative_strength": -3.765041, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.601605, "energy": 43.352484, "activity_lines": [ 538.453353, 535.210918, 525.609053, 516.917521 ] }, { "date": "2026-08-07", "close": 541.700012, "volume": 170, "typical_volume": 1365.0, "trend": 508.495349, "fair_value": 384.098898, "relative_strength": -4.844064, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.818388, "energy": 39.27778, "activity_lines": [ 540.140018, 536.818193, 528.160959, 519.230988 ] } ], "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." } } }