{ "ticker": { "uuid": "cb9b4479-67af-4618-9f18-fa43b597ad5b", "symbol": "BBAX", "name": "JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF", "exchange": "MEX", "country": "MX", "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": "^MXX", "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": 80.678, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "up", "architecture_direction": 81.144, "architecture_energy": 93.249, "architecture_maturity": 9.904, "architecture_confidence": 57.827, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 24.96, "rotation_up": 86.72, "upward_expansion": 91.64, "deceleration": 37.31, "rotation_down": 6.0, "downward_expansion": 27.98 }, "activity_lines": [ 1101.917342, 1078.764229, 1067.72945, 1068.396954 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 1115.0, "trend_reference": 1063.124587, "distance_from_trend": 0.048795, "trend_direction": "Improving", "fair_value": 1013.804321, "distance_from_fair_value": 0.099818, "fair_value_direction": "Improving", "relative_strength": 4.756242, "relative_strength_direction": "Improving", "price_momentum": 0.05511, "excess_performance": 0.109777, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.048795, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.019021, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.099818, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.0349, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.047562, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.110047, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.05511, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.525281, "read": "Supply-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 0.525281, "dry_up": 0.864847, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.010676, "annualized_volatility": 0.093044, "from_high_reference": 0.0, "from_low_reference": 0.124511 }, "levels": { "trend_reference": 1063.124587, "fair_value_reference": 1013.804321, "structural_low": 1020.641724, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 1, "median_return": 0.046762, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.096135, "regime_survival": 0.0, "best_return": 0.046762, "worst_return": 0.046762, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": 0.015518, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.02899, "regime_survival": 0.0, "best_return": 0.015518, "worst_return": 0.015518, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.05511, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.109777, "regime_survival": 1.0, "best_return": 0.05511, "worst_return": 0.05511, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, 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"energy": 60.373916, "activity_lines": [ 1072.274683, 1055.999738, 1058.216119, 1060.910369 ] }, { "date": "2026-07-31", "close": 1115.0, "volume": 19, "typical_volume": 304.1, "trend": 1059.027506, "fair_value": 1012.916639, "relative_strength": 4.651223, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 84.721427, "energy": 73.921274, "activity_lines": [ 1089.929346, 1067.911703, 1063.052843, 1064.785825 ] }, { "date": "2026-08-07", "close": 1115.0, "volume": 0, "typical_volume": 304.1, "trend": 1063.124587, "fair_value": 1013.804321, "relative_strength": 4.756242, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 81.144038, "energy": 93.248897, "activity_lines": [ 1101.917342, 1078.764229, 1067.72945, 1068.396954 ] } ], "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." } } }