{ "ticker": { "uuid": "a510481e-cce0-45c4-8639-d18a3d90ee2c", "symbol": "XMME", "name": "Xtrackers MSCI Emerging Markets UCITS ETF 1C", "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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 82.196, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 9.68, "architecture_energy": 17.422, "architecture_maturity": 64.877, "architecture_confidence": 87.422, "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": 59.48, "rotation_up": 16.64, "upward_expansion": 45.43, "deceleration": 87.91, "rotation_down": 41.67, "downward_expansion": 30.43 }, "activity_lines": [ 89.921665, 91.239908, 91.416381, 89.532731 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 91.334999, "trend_reference": 87.113667, "distance_from_trend": 0.048458, "trend_direction": "Improving", "fair_value": 64.466693, "distance_from_fair_value": 0.416778, "fair_value_direction": "Weakening", "relative_strength": 4.118894, "relative_strength_direction": "Weakening", "price_momentum": 0.105082, "excess_performance": 0.053846, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.048458, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.070482, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.416778, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.120617, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.041189, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.153081, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.105082, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.966134, "read": "Supply-led" } ], "volume": { "latest": 214536, "relative_activity": 0.823851, "balance": 0.966134, "dry_up": 1.204683, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.04622, "annualized_volatility": 0.255625, "from_high_reference": -0.065627, "from_low_reference": 0.358747 }, "levels": { "trend_reference": 87.113667, "fair_value_reference": 64.466693, "structural_low": 75.0, "invalidation": "A 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"upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.350793, "energy": 22.31099, "activity_lines": [ 91.960999, 92.830363, 91.072024, 88.850936 ] }, { "date": "2026-07-24", "close": 88.989998, "volume": 153583, "typical_volume": 297746.15, "trend": 86.292834, "fair_value": 63.967847, "relative_strength": 3.48555, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.293293, "energy": 21.638167, "activity_lines": [ 90.539998, 92.12209, 91.157524, 89.054688 ] }, { "date": "2026-07-31", "close": 89.059998, "volume": 225941, "typical_volume": 283831.55, "trend": 86.6925, "fair_value": 64.204802, "relative_strength": 2.073188, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.072767, "energy": 20.614159, "activity_lines": [ 89.696331, 91.451453, 91.2035, 89.233215 ] }, { "date": "2026-08-07", "close": 91.334999, "volume": 214536, "typical_volume": 260406.45, "trend": 87.113667, "fair_value": 64.466693, "relative_strength": 4.118894, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.680494, "energy": 17.421734, "activity_lines": [ 89.921665, 91.239908, 91.416381, 89.532731 ] } ], "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." } } }