{
  "ticker": {
    "uuid": "ca29ec83-13ee-4364-9718-5fd8dc62949e",
    "symbol": "EMC",
    "name": "GLOBAL X FDS EMERGING MARKETS GREAT CONSUMER 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": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 70.836,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 18.649,
    "architecture_energy": 17.414,
    "architecture_maturity": 59.454,
    "architecture_confidence": 80.284,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "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."
      },
      "scores": {
        "balance": 52.17,
        "rotation_up": 21.86,
        "upward_expansion": 47.49,
        "deceleration": 84.83,
        "rotation_down": 36.46,
        "downward_expansion": 27.82
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      "activity_lines": [
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      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.166667
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    "latest_close": 36.4941,
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    "distance_from_trend": 0.055577,
    "trend_direction": "Improving",
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    "distance_from_fair_value": 0.293758,
    "fair_value_direction": "Weakening",
    "relative_strength": -0.76872,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.092638,
    "excess_performance": -0.032987,
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        "label": "Price vs Trend",
        "positive": true,
        "value": 0.055577,
        "read": "Above"
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        "label": "Trend direction",
        "positive": true,
        "value": 0.060956,
        "read": "Rising"
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      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.293758,
        "read": "Premium"
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      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.081855,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.007687,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.086662,
        "read": "Weakening"
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      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.092638,
        "read": "Positive"
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      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.71113,
        "read": "Supply-led"
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    "volume": {
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      "relative_activity": 1.187551,
      "balance": 0.71113,
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      "accumulation_observations": 2,
      "distribution_observations": 3
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    "risk": {
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      "annualized_volatility": 0.27421,
      "from_high_reference": -0.06945,
      "from_low_reference": 0.314562
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      "fair_value_reference": 28.207823,
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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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        "sample_count": 4,
        "median_return": 0.05053,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
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        "label": "Balance",
        "color": "blue",
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        "end": "2025-04-04",
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        "end": "2025-05-02",
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        "date": "2026-08-07",
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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."
    }
  }
}