{ "ticker": { "uuid": "cb62b7ed-d3ec-473c-9b64-a0fc7ded5735", "symbol": "XZMJ", "name": "Xtrackers MSCI Japan ESG UCITS ETF 1C", "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": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 76.466, "architecture_energy": 41.045, "architecture_maturity": 52.767, "architecture_confidence": 84.241, "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": 29.17, "rotation_up": 42.65, "upward_expansion": 71.82, "deceleration": 91.11, "rotation_down": 28.04, "downward_expansion": 9.82 }, "activity_lines": [ 32.684834, 32.615, 32.223357, 31.637608 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 34.087502, "trend_reference": 30.99625, "distance_from_trend": 0.09973, "trend_direction": "Improving", "fair_value": 24.800274, "distance_from_fair_value": 0.374481, "fair_value_direction": "Improving", "relative_strength": 5.900694, "relative_strength_direction": "Weakening", "price_momentum": 0.115794, "excess_performance": 0.064559, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.09973, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.046237, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.374481, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.033461, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.059007, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.018961, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.115794, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.364643, "read": "Demand-led" } ], "volume": { "latest": 151828, "relative_activity": 1.189231, "balance": 1.364643, "dry_up": 0.480486, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.031517, "annualized_volatility": 0.249576, "from_high_reference": 0.0, "from_low_reference": 0.314597 }, "levels": { "trend_reference": 30.99625, "fair_value_reference": 24.800274, "structural_low": 27.0, "invalidation": "A sustained loss of 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7.229755, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.264681, "energy": 73.669187, "activity_lines": [ 32.889333, 32.594, 31.719083, 31.201043 ] }, { "date": "2026-07-17", "close": 31.497499, "volume": 43115, "typical_volume": 146006.3, "trend": 30.616833, "fair_value": 24.554159, "relative_strength": 0.979629, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.405536, "energy": 42.552303, "activity_lines": [ 32.463833, 32.443045, 31.773071, 31.264548 ] }, { "date": "2026-07-24", "close": 31.76, "volume": 7421, "typical_volume": 128523.7, "trend": 30.724917, "fair_value": 24.626915, "relative_strength": 0.440269, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.744213, "energy": 30.457009, "activity_lines": [ 32.162666, 32.3465, 31.852869, 31.338301 ] }, { "date": "2026-07-31", "close": 32.122501, "volume": 43009, "typical_volume": 121706.05, "trend": 30.845833, "fair_value": 24.706592, "relative_strength": 0.234063, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.898679, "energy": 21.576693, "activity_lines": [ 32.083333, 32.305591, 31.953405, 31.428468 ] }, { "date": "2026-08-07", "close": 34.087502, "volume": 151828, "typical_volume": 127669.05, "trend": 30.99625, "fair_value": 24.800274, "relative_strength": 5.900694, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 76.465679, "energy": 41.044592, "activity_lines": [ 32.684834, 32.615, 32.223357, 31.637608 ] } ], "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." } } }