{
  "ticker": {
    "uuid": "c6fbd199-d6ec-4731-b311-b6ac026da11e",
    "symbol": "XEMC",
    "name": "XTRACKERS (IE) PUBLIC LIMITED C",
    "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": 76.283,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 12.263,
    "architecture_energy": 21.165,
    "architecture_maturity": 64.939,
    "architecture_confidence": 80.25,
    "architecture_tenure": "New",
    "architecture": {
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        "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."
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        "rotation_up": 22.41,
        "upward_expansion": 50.21,
        "deceleration": 82.31,
        "rotation_down": 41.3,
        "downward_expansion": 28.21
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      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
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    "fair_value_direction": "Weakening",
    "relative_strength": 3.888434,
    "relative_strength_direction": "Weakening",
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        "read": "Premium"
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        "label": "Fair Value direction",
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        "read": "Moving away"
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        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.038884,
        "read": "Leading"
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        "label": "Relative strength direction",
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        "value": -0.140878,
        "read": "Weakening"
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        "label": "Price momentum",
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        "read": "Positive"
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        "read": "Supply-led"
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      "accumulation_observations": 0,
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      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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        "date": "2026-03-20",
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        "date": "2026-03-27",
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      },
      {
        "date": "2026-05-29",
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        "date": "2026-06-05",
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        "relative_strength": 11.948891,
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        "fair_value": 39.138422,
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      },
      {
        "date": "2026-07-17",
        "close": 53.049999,
        "volume": 7482,
        "typical_volume": 26319.35,
        "trend": 51.611666,
        "fair_value": 39.236391,
        "relative_strength": 3.889927,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 39.157651,
        "energy": 29.471014,
        "activity_lines": [
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      },
      {
        "date": "2026-07-24",
        "close": 54.560001,
        "volume": 969,
        "typical_volume": 26334.2,
        "trend": 51.911,
        "fair_value": 39.343549,
        "relative_strength": 5.23766,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.958193,
        "energy": 22.847369,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 51.380001,
        "volume": 616,
        "typical_volume": 26365.0,
        "trend": 52.066416,
        "fair_value": 39.427135,
        "relative_strength": -2.239751,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.179854,
        "energy": 18.098319,
        "activity_lines": [
          53.574334,
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          54.687607,
          53.530059
        ]
      },
      {
        "date": "2026-08-07",
        "close": 54.884998,
        "volume": 336,
        "typical_volume": 26381.65,
        "trend": 52.3095,
        "fair_value": 39.533741,
        "relative_strength": 3.888434,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.262787,
        "energy": 21.164956,
        "activity_lines": [
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      }
    ],
    "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."
    }
  }
}