{ "ticker": { "uuid": "cf57b202-3544-4bd8-83ef-7ac5304cf053", "symbol": "EDEN", "name": "ISHARES MSCI DENMARK ETF", "exchange": "CBOE", "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": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 58.16, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "mixed", "architecture_direction": 36.208, "architecture_energy": 47.502, "architecture_maturity": 11.162, "architecture_confidence": 38.574, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 31.35, "rotation_up": 56.58, "upward_expansion": 56.65, "deceleration": 27.62, "rotation_down": 24.06, "downward_expansion": 17.31 }, "activity_lines": [ 113.771667, 112.905746, 111.316077, 110.03887 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 114.41, "trend_reference": 110.059686, "distance_from_trend": 0.039527, "trend_direction": "Improving", "fair_value": 108.903875, "distance_from_fair_value": 0.050559, "fair_value_direction": "Improving", "relative_strength": -6.741439, "relative_strength_direction": "Improving", "price_momentum": -0.008333, "excess_performance": -0.133958, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.039527, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.005469, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.050559, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.02994, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.067414, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.034709, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.008333, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.466721, "read": "Supply-led" } ], "volume": { "latest": 55391, "relative_activity": 1.419138, "balance": 0.466721, "dry_up": 0.765357, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.031089, "annualized_volatility": 0.200956, "from_high_reference": -0.07349, "from_low_reference": 0.184054 }, "levels": { "trend_reference": 110.059686, "fair_value_reference": 108.903875, "structural_low": 96.625622, 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113.7141, 111.698017, 109.897291, 109.471322 ] }, { "date": "2026-07-24", "close": 111.7024, "volume": 19672, "typical_volume": 40670.3, "trend": 110.195431, "fair_value": 108.713794, "relative_strength": -5.075931, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.230103, "energy": 60.287065, "activity_lines": [ 113.573147, 111.896035, 110.281677, 109.564444 ] }, { "date": "2026-07-31", "close": 113.3188, "volume": 27998, "typical_volume": 37860.55, "trend": 110.17978, "fair_value": 108.814537, "relative_strength": -4.593481, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.861695, "energy": 54.774684, "activity_lines": [ 113.626833, 112.326733, 110.781348, 109.765952 ] }, { "date": "2026-08-07", "close": 114.41, "volume": 55391, "typical_volume": 39031.45, "trend": 110.059686, "fair_value": 108.903875, "relative_strength": -6.741439, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.207862, "energy": 47.502416, "activity_lines": [ 113.771667, 112.905746, 111.316077, 110.03887 ] } ], "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." } } }