{
  "ticker": {
    "uuid": "a4c40b98-c043-4d30-b213-bf1b9e60d24c",
    "symbol": "WCBR",
    "name": "WisdomTree Cybersecurity UCITS ETF USD Acc",
    "exchange": "LSE",
    "country": "GB",
    "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": "^FTSE",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 81.475,
    "architecture_energy": 69.713,
    "architecture_maturity": 53.071,
    "architecture_confidence": 89.142,
    "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": 7.36,
        "rotation_up": 66.82,
        "upward_expansion": 85.33,
        "deceleration": 66.25,
        "rotation_down": 20.35,
        "downward_expansion": 12.0
      },
      "activity_lines": [
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        33.798952,
        31.66286
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.666667
    },
    "latest_close": 39.259998,
    "trend_reference": 29.32075,
    "distance_from_trend": 0.338983,
    "trend_direction": "Improving",
    "fair_value": 27.031135,
    "distance_from_fair_value": 0.452399,
    "fair_value_direction": "Improving",
    "relative_strength": 22.56098,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.625336,
    "excess_performance": 0.574101,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.338983,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.082033,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.452399,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.348267,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.22561,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.292985,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.625336,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 22.577724,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 149308,
      "relative_activity": 0.930886,
      "balance": 22.577724,
      "dry_up": 1.2638,
      "accumulation_observations": 4,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.064413,
      "annualized_volatility": 0.453889,
      "from_high_reference": -0.120273,
      "from_low_reference": 0.773261
    },
    "levels": {
      "trend_reference": 29.32075,
      "fair_value_reference": 27.031135,
      "structural_low": 22.139999,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 21,
        "median_return": 0.017901,
        "positive_rate": 0.571429,
        "directional_follow_through": 0.571429,
        "median_excess_return": 0.009543,
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        "best_return": 0.173865,
        "worst_return": -0.14306,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
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        "worst_return": -0.096269,
        "sufficient": true
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        "horizon": "Extended",
        "sample_count": 4,
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        "worst_return": -0.14357,
        "sufficient": false
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        "horizon": "Full cycle",
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        "sufficient": false
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        "regime": "balance",
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        ]
      },
      {
        "date": "2026-05-01",
        "close": 26.08,
        "volume": 140752,
        "typical_volume": 131553.45,
        "trend": 27.158487,
        "fair_value": 25.696783,
        "relative_strength": -15.89014,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.1392,
        "energy": 21.46821,
        "activity_lines": [
          24.9895,
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      },
      {
        "date": "2026-05-08",
        "close": 28.450001,
        "volume": 315427,
        "typical_volume": 145758.3,
        "trend": 27.059987,
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        "relative_strength": -6.737491,
        "stage": 1,
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        "energy": 15.507902,
        "activity_lines": [
          26.240667,
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      },
      {
        "date": "2026-05-15",
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        "volume": 301399,
        "typical_volume": 159843.7,
        "trend": 27.02382,
        "fair_value": 25.838039,
        "relative_strength": -2.836849,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 35.04828,
        "energy": 35.594026,
        "activity_lines": [
          27.597667,
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      },
      {
        "date": "2026-05-22",
        "close": 31.959999,
        "volume": 193980,
        "typical_volume": 168496.8,
        "trend": 27.023667,
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        "relative_strength": 3.045287,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 48.425397,
        "energy": 66.315138,
        "activity_lines": [
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      },
      {
        "date": "2026-05-29",
        "close": 33.119999,
        "volume": 128672,
        "typical_volume": 167591.5,
        "trend": 27.097833,
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        "relative_strength": 7.535423,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
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        "energy": 80.155058,
        "activity_lines": [
          30.980666,
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      },
      {
        "date": "2026-06-05",
        "close": 33.275002,
        "volume": 22047,
        "typical_volume": 165374.1,
        "trend": 27.1995,
        "fair_value": 26.101815,
        "relative_strength": 8.711529,
        "stage": 1,
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        "modifier": "Value reclamation",
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        "direction": 81.041652,
        "energy": 92.011608,
        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
        "close": 31.834999,
        "volume": 15262,
        "typical_volume": 160965.25,
        "trend": 27.245333,
        "fair_value": 26.180302,
        "relative_strength": 3.255226,
        "stage": 1,
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        "modifier": "Early expansion",
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      },
      {
        "date": "2026-06-19",
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        "typical_volume": 156753.9,
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        "fair_value": 26.262962,
        "relative_strength": 3.206033,
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        "energy": 81.086668,
        "activity_lines": [
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      },
      {
        "date": "2026-06-26",
        "close": 32.669998,
        "volume": 19548,
        "typical_volume": 134672.95,
        "trend": 27.496667,
        "fair_value": 26.348872,
        "relative_strength": 6.216612,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.365601,
        "energy": 70.295255,
        "activity_lines": [
          32.274999,
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          28.182607
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      },
      {
        "date": "2026-07-03",
        "close": 36.630001,
        "volume": 12021,
        "typical_volume": 128301.9,
        "trend": 27.750333,
        "fair_value": 26.463398,
        "relative_strength": 17.298511,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.464648,
        "energy": 70.567755,
        "activity_lines": [
          33.665,
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      },
      {
        "date": "2026-07-10",
        "close": 37.369999,
        "volume": 548478,
        "typical_volume": 149576.1,
        "trend": 28.038833,
        "fair_value": 26.577539,
        "relative_strength": 21.594653,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.603807,
        "energy": 90.378209,
        "activity_lines": [
          35.067666,
          33.774272,
          30.876643,
          29.392478
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      },
      {
        "date": "2026-07-17",
        "close": 38.305,
        "volume": 56233,
        "typical_volume": 141949.0,
        "trend": 28.383667,
        "fair_value": 26.697122,
        "relative_strength": 23.270677,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.688283,
        "energy": 93.23658,
        "activity_lines": [
          36.509,
          34.809,
          31.791845,
          30.054812
        ]
      },
      {
        "date": "2026-07-24",
        "close": 35.59,
        "volume": 69069,
        "typical_volume": 133314.7,
        "trend": 28.6335,
        "fair_value": 26.797469,
        "relative_strength": 13.1626,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.517056,
        "energy": 84.705699,
        "activity_lines": [
          36.614,
          35.170909,
          32.378309,
          30.519736
        ]
      },
      {
        "date": "2026-07-31",
        "close": 36.025002,
        "volume": 536211,
        "typical_volume": 155460.3,
        "trend": 28.933083,
        "fair_value": 26.902404,
        "relative_strength": 13.127306,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.748936,
        "energy": 74.283612,
        "activity_lines": [
          36.584667,
          35.499909,
          32.958702,
          30.996608
        ]
      },
      {
        "date": "2026-08-07",
        "close": 39.259998,
        "volume": 149308,
        "typical_volume": 160393.5,
        "trend": 29.32075,
        "fair_value": 27.031135,
        "relative_strength": 22.56098,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.474758,
        "energy": 69.713325,
        "activity_lines": [
          37.41,
          36.343182,
          33.798952,
          31.66286
        ]
      }
    ],
    "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."
    }
  }
}