{
  "ticker": {
    "uuid": "a7ca1c28-6f19-4879-84e1-34de2a828b65",
    "symbol": "HEDJ",
    "name": "WISDOMTREE TRUST EUROPE HEDGED EQUITY FD",
    "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": 70.985,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 75.73,
    "architecture_energy": 55.238,
    "architecture_maturity": 27.572,
    "architecture_confidence": 80.937,
    "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": 16.64,
        "rotation_up": 53.5,
        "upward_expansion": 80.09,
        "deceleration": 55.37,
        "rotation_down": 22.82,
        "downward_expansion": 9.09
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      "activity_lines": [
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      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 58.13,
    "trend_reference": 54.914217,
    "distance_from_trend": 0.05856,
    "trend_direction": "Improving",
    "fair_value": 46.889366,
    "distance_from_fair_value": 0.239727,
    "fair_value_direction": "Improving",
    "relative_strength": -2.998018,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.059027,
    "excess_performance": -0.066598,
    "evidence": [
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        "label": "Price vs Trend",
        "positive": true,
        "value": 0.05856,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.025086,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.239727,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.03585,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.02998,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.026715,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.059027,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.257328,
        "read": "Demand-led"
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    ],
    "volume": {
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      "relative_activity": 0.703104,
      "balance": 1.257328,
      "dry_up": 0.784788,
      "accumulation_observations": 2,
      "distribution_observations": 3
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    "risk": {
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      "annualized_volatility": 0.177317,
      "from_high_reference": -0.004622,
      "from_low_reference": 0.186559
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    "levels": {
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      "fair_value_reference": 46.889366,
      "structural_low": 49.82,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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    "outcomes": [
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        "typical_volume": 220208.5,
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        "fair_value": 45.087163,
        "relative_strength": -0.573579,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
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        "energy": 26.179773,
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      },
      {
        "date": "2026-04-24",
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      },
      {
        "date": "2026-05-01",
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        "fair_value": 45.288895,
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      },
      {
        "date": "2026-05-08",
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      },
      {
        "date": "2026-05-15",
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        "fair_value": 45.496983,
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        "activity_lines": [
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      },
      {
        "date": "2026-05-22",
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        "typical_volume": 298163.8,
        "trend": 53.444467,
        "fair_value": 45.607824,
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        "energy": 25.030886,
        "activity_lines": [
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      },
      {
        "date": "2026-05-29",
        "close": 55.546734,
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        "typical_volume": 321069.35,
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        "fair_value": 45.722338,
        "relative_strength": -5.796944,
        "stage": 3,
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        "modifier": "Balance after decline",
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      },
      {
        "date": "2026-06-05",
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        "trend": 53.689528,
        "fair_value": 45.834531,
        "relative_strength": -4.024273,
        "stage": 3,
        "regime": "balance",
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        "energy": 36.148735,
        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
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        "typical_volume": 353281.2,
        "trend": 53.8425,
        "fair_value": 45.951176,
        "relative_strength": -1.867667,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
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        "energy": 56.34899,
        "activity_lines": [
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      },
      {
        "date": "2026-06-19",
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        "relative_strength": -1.683404,
        "stage": 2,
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      },
      {
        "date": "2026-06-26",
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        "fair_value": 46.18995,
        "relative_strength": -0.977546,
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        "gate": "up",
        "direction": 59.608176,
        "energy": 60.091198,
        "activity_lines": [
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      },
      {
        "date": "2026-07-03",
        "close": 57.08,
        "volume": 348343,
        "typical_volume": 381549.65,
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        "fair_value": 46.314686,
        "relative_strength": -1.427523,
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        "regime": "upward_expansion",
        "modifier": "Early expansion",
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        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
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        "volume": 269797,
        "typical_volume": 382246.2,
        "trend": 54.461387,
        "fair_value": 46.427379,
        "relative_strength": -3.929353,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.58989,
        "energy": 60.098217,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
        "close": 56.2949,
        "volume": 306539,
        "typical_volume": 376742.35,
        "trend": 54.585884,
        "fair_value": 46.538949,
        "relative_strength": -2.437356,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.099172,
        "energy": 42.728258,
        "activity_lines": [
          56.500241,
          56.296092,
          55.430443,
          55.004986
        ]
      },
      {
        "date": "2026-07-24",
        "close": 56.31,
        "volume": 380358,
        "typical_volume": 384820.65,
        "trend": 54.704551,
        "fair_value": 46.645183,
        "relative_strength": -1.789187,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.112835,
        "energy": 37.66713,
        "activity_lines": [
          56.403473,
          56.368374,
          55.601698,
          55.116219
        ]
      },
      {
        "date": "2026-07-31",
        "close": 56.63,
        "volume": 278588,
        "typical_volume": 392563.6,
        "trend": 54.806217,
        "fair_value": 46.762512,
        "relative_strength": -2.263183,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.071329,
        "energy": 34.700375,
        "activity_lines": [
          56.468647,
          56.453684,
          55.786476,
          55.240441
        ]
      },
      {
        "date": "2026-08-07",
        "close": 58.13,
        "volume": 278663,
        "typical_volume": 396332.4,
        "trend": 54.914217,
        "fair_value": 46.889366,
        "relative_strength": -2.998018,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.729555,
        "energy": 55.238294,
        "activity_lines": [
          57.00182,
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          56.093255,
          55.454879
        ]
      }
    ],
    "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."
    }
  }
}