{ "ticker": { "uuid": "bf5180f3-5824-490d-bdc6-046cc93c2eae", "symbol": "FLSW", "name": "FRANKLIN TEMPLETON ETF TR FRANKLIN FTSE SWITZERLAND 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": 67.688, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 75.379, "architecture_energy": 58.141, "architecture_maturity": 14.083, "architecture_confidence": 77.887, "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": 19.18, "rotation_up": 64.78, "upward_expansion": 85.8, "deceleration": 47.25, "rotation_down": 17.34, "downward_expansion": 10.14 }, "activity_lines": [ 43.891707, 43.60887, 43.01492, 42.694204 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 44.6758, "trend_reference": 42.5066, "distance_from_trend": 0.051032, "trend_direction": "Improving", "fair_value": 35.670084, "distance_from_fair_value": 0.252473, "fair_value_direction": "Improving", "relative_strength": -3.377471, "relative_strength_direction": "Improving", "price_momentum": 0.024439, "excess_performance": -0.101186, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.051032, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.022406, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.252473, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.041605, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.033775, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.029814, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.024439, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.847989, "read": "Demand-led" } ], "volume": { "latest": 41254, "relative_activity": 1.235089, "balance": 1.847989, "dry_up": 0.902111, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.025755, "annualized_volatility": 0.182827, "from_high_reference": -0.014432, "from_low_reference": 0.210926 }, "levels": { "trend_reference": 42.5066, "fair_value_reference": 35.670084, "structural_low": 38.73, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 32, "median_return": 0.006182, "positive_rate": 0.53125, "directional_follow_through": 0.53125, "median_excess_return": -0.01759, "regime_survival": 0.6875, "best_return": 0.059426, "worst_return": -0.124585, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": 0.018824, "positive_rate": 0.583333, "directional_follow_through": 0.583333, "median_excess_return": -0.031661, "regime_survival": 0.5, "best_return": 0.134873, "worst_return": -0.072383, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.060629, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.049768, "regime_survival": 0.5, "best_return": 0.09134, "worst_return": -0.185197, "sufficient": true }, { "horizon": "Full 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42.343663, "fair_value": 35.494092, "relative_strength": -2.941599, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.335149, "energy": 57.810904, "activity_lines": [ 43.40556, 43.134134, 42.600734, 42.449243 ] }, { "date": "2026-07-31", "close": 43.88, "volume": 50100, "typical_volume": 34305.6, "trend": 42.41524, "fair_value": 35.57957, "relative_strength": -1.811514, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.953141, "energy": 49.47767, "activity_lines": [ 43.540287, 43.312191, 42.77771, 42.548361 ] }, { "date": "2026-08-07", "close": 44.6758, "volume": 41254, "typical_volume": 33401.65, "trend": 42.5066, "fair_value": 35.670084, "relative_strength": -3.377471, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.379196, "energy": 58.140676, "activity_lines": [ 43.891707, 43.60887, 43.01492, 42.694204 ] } ], "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." } } }