{ "ticker": { "uuid": "a9e2281d-8ade-4be2-9b2b-70cad0361086", "symbol": "DGIN", "name": "VANECK ETF TR VANECK DIGITAL INDIA 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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 90.955, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Emerging rotation", "architecture_gate": "mixed", "architecture_direction": 44.123, "architecture_energy": 40.928, "architecture_maturity": 12.497, "architecture_confidence": 45.984, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 22.26, "rotation_up": 58.91, "upward_expansion": 55.69, "deceleration": 28.64, "rotation_down": 23.96, "downward_expansion": 14.03 }, "activity_lines": [ 36.13682, 35.806684, 35.119927, 34.753906 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 36.911, "trend_reference": 34.946667, "distance_from_trend": 0.056209, "trend_direction": "Weakening", "fair_value": 38.510577, "distance_from_fair_value": -0.041536, "fair_value_direction": "Improving", "relative_strength": -12.499457, "relative_strength_direction": "Improving", "price_momentum": -0.03612, "excess_performance": -0.161745, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.056209, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.052994, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.041536, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.048702, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.124995, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.091165, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.03612, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.368781, "read": "Demand-led" } ], "volume": { "latest": 7597, "relative_activity": 0.501758, "balance": 1.368781, "dry_up": 0.413569, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.038852, "annualized_volatility": 0.220844, "from_high_reference": -0.14178, "from_low_reference": 0.222219 }, "levels": { "trend_reference": 34.946667, "fair_value_reference": 38.510577, "structural_low": 30.2, 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"volume": 5822, "typical_volume": 16499.9, "trend": 35.224073, "fair_value": 38.444061, "relative_strength": -15.002801, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.305005, "energy": 31.774741, "activity_lines": [ 35.4445, 35.223604, 34.620956, 34.557907 ] }, { "date": "2026-07-31", "close": 36.4096, "volume": 7215, "typical_volume": 15851.1, "trend": 35.05854, "fair_value": 38.475093, "relative_strength": -11.132514, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.386894, "energy": 35.91019, "activity_lines": [ 35.749147, 35.492398, 34.856694, 34.634393 ] }, { "date": "2026-08-07", "close": 36.911, "volume": 7597, "typical_volume": 15140.75, "trend": 34.946667, "fair_value": 38.510577, "relative_strength": -12.499457, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.123285, "energy": 40.92815, "activity_lines": [ 36.13682, 35.806684, 35.119927, 34.753906 ] } ], "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." } } }