{ "ticker": { "uuid": "c2d67ce4-538c-4a4c-9b5f-28286432162a", "symbol": "EUNI", "name": "iShares MSCI EM Small Cap UCITS ETF USD (Dist)", "exchange": "GER", "country": "DE", "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": "^GDAXI", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 56.46, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "mixed", "architecture_direction": -18.469, "architecture_energy": 30.712, "architecture_maturity": 88.338, "architecture_confidence": 51.259, "architecture_tenure": "Extended", "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": 50.51, "rotation_up": 16.93, "upward_expansion": 18.63, "deceleration": 62.03, "rotation_down": 61.84, "downward_expansion": 41.3 }, "activity_lines": [ 94.67, 96.575819, 97.956524, 97.094667 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 97.150002, "trend_reference": 95.659667, "distance_from_trend": 0.01558, "trend_direction": "Improving", "fair_value": 82.95226, "distance_from_fair_value": 0.171156, "fair_value_direction": "Weakening", "relative_strength": -2.088203, "relative_strength_direction": "Weakening", "price_momentum": 0.064191, "excess_performance": -0.000449, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.01558, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.036984, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.171156, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.093427, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.020882, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.172249, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.064191, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.013966, "read": "Demand-led" } ], "volume": { "latest": 9936, "relative_activity": 1.246949, "balance": 1.013966, "dry_up": 1.029429, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.042907, "annualized_volatility": 0.215821, "from_high_reference": -0.066942, "from_low_reference": 0.181155 }, "levels": { "trend_reference": 95.659667, "fair_value_reference": 82.95226, "structural_low": 87.0, 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33.773736, "activity_lines": [ 100.403999, 100.446, 98.399286, 96.517893 ] }, { "date": "2026-07-03", "close": 101.120003, "volume": 1058, "typical_volume": 9575.7, "trend": 94.305667, "fair_value": 82.154661, "relative_strength": 4.909613, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.268143, "energy": 40.694558, "activity_lines": [ 100.638, 100.602546, 98.842429, 96.984925 ] }, { "date": "2026-07-10", "close": 99.870003, "volume": 3035, "typical_volume": 9095.65, "trend": 94.711334, "fair_value": 82.351954, "relative_strength": 6.252217, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.876749, "energy": 32.838076, "activity_lines": [ 100.478001, 100.489637, 99.125477, 97.343915 ] }, { "date": "2026-07-17", "close": 94.580002, "volume": 8827, "typical_volume": 8720.0, "trend": 95.013001, "fair_value": 82.511232, "relative_strength": 1.351455, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 13.492913, "energy": 13.782841, "activity_lines": [ 98.468001, 99.392001, 98.883763, 97.335442 ] }, { "date": "2026-07-24", "close": 93.970001, "volume": 5891, "typical_volume": 8296.85, "trend": 95.264334, "fair_value": 82.664129, "relative_strength": -0.522318, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -5.716127, "energy": 17.173083, "activity_lines": [ 96.624002, 98.314001, 98.58762, 97.268151 ] }, { "date": "2026-07-31", "close": 90.839996, "volume": 8157, "typical_volume": 8205.7, "trend": 95.414667, "fair_value": 82.784417, "relative_strength": -5.897105, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -38.215956, "energy": 39.639628, "activity_lines": [ 94.312, 96.775273, 97.973143, 96.98271 ] }, { "date": "2026-08-07", "close": 97.150002, "volume": 9936, "typical_volume": 7968.25, "trend": 95.659667, "fair_value": 82.95226, "relative_strength": -2.088203, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -18.469336, "energy": 30.712452, "activity_lines": [ 94.67, 96.575819, 97.956524, 97.094667 ] } ], "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." } } }