{ "ticker": { "uuid": "9ed60b47-274d-40f4-84e9-90928e4d1ca6", "symbol": "EWD", "name": "ISHARES INC MSCI SWEDEN ETF", "exchange": "NYSEARCA", "country": "US", "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": "SPY", "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": 65.736, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "up", "architecture_direction": 75.74, "architecture_energy": 66.501, "architecture_maturity": 38.909, "architecture_confidence": 67.953, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 37.01, "rotation_up": 72.81, "upward_expansion": 89.16, "deceleration": 42.18, "rotation_down": 12.89, "downward_expansion": 15.83 }, "activity_lines": [ 51.942667, 51.151305, 50.785464, 50.554357 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 53.61, "trend_reference": 50.510728, "distance_from_trend": 0.061359, "trend_direction": "Improving", "fair_value": 41.170057, "distance_from_fair_value": 0.30216, "fair_value_direction": "Improving", "relative_strength": -1.931787, "relative_strength_direction": "Improving", "price_momentum": 0.036625, "excess_performance": -0.088999, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.061359, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.024525, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.30216, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.03394, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.019318, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.028401, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.036625, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.721095, "read": "Supply-led" } ], "volume": { "latest": 454455, "relative_activity": 0.465983, "balance": 0.721095, "dry_up": 0.818805, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.033491, "annualized_volatility": 0.231682, "from_high_reference": -0.003532, "from_low_reference": 0.229038 }, "levels": { "trend_reference": 50.510728, "fair_value_reference": 41.170057, "structural_low": 45.511541, "invalidation": "A 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"Balance after decline", "gate": "mixed", "direction": 35.1696, "energy": 33.632546, "activity_lines": [ 50.982, 50.582338, 50.443475, 50.345813 ] }, { "date": "2026-08-07", "close": 53.61, "volume": 454455, "typical_volume": 975260.0, "trend": 50.510728, "fair_value": 41.170057, "relative_strength": -1.931787, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 75.739814, "energy": 66.500715, "activity_lines": [ 51.942667, 51.151305, 50.785464, 50.554357 ] } ], "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." } } }