{ "ticker": { "uuid": "d3f7710f-74bf-4eed-856c-e8d881a676c3", "symbol": "VDJP", "name": "Vanguard FTSE Japan UCITS ETF USD Distributing", "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": 90.721, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 58.79, "architecture_energy": 28.469, "architecture_maturity": 47.015, "architecture_confidence": 85.132, "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": 26.68, "rotation_up": 37.73, "upward_expansion": 59.62, "deceleration": 84.88, "rotation_down": 28.54, "downward_expansion": 20.95 }, "activity_lines": [ 50.8345, 50.83709, 50.397693, 49.73805 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 52.502499, "trend_reference": 48.997892, "distance_from_trend": 0.071526, "trend_direction": "Improving", "fair_value": 38.676315, "distance_from_fair_value": 0.357485, "fair_value_direction": "Improving", "relative_strength": 4.203445, "relative_strength_direction": "Weakening", "price_momentum": 0.0801, "excess_performance": 0.028865, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.071526, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.048057, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.357485, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.007792, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.042034, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.040724, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.0801, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.584522, "read": "Supply-led" } ], "volume": { "latest": 46227, "relative_activity": 0.413201, "balance": 0.584522, "dry_up": 0.620686, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.031563, "annualized_volatility": 0.22744, "from_high_reference": -0.002423, "from_low_reference": 0.284819 }, "levels": { "trend_reference": 48.997892, "fair_value_reference": 38.676315, "structural_low": 44.014999, "invalidation": "A 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"activity_lines": [ 50.662417, 50.701622, 49.886973, 49.303609 ] }, { "date": "2026-07-24", "close": 49.982498, "volume": 61944, "typical_volume": 130068.4, "trend": 48.598121, "fair_value": 38.415778, "relative_strength": 0.975568, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.467791, "energy": 24.566558, "activity_lines": [ 50.325, 50.595227, 49.993251, 49.405244 ] }, { "date": "2026-07-31", "close": 50.040001, "volume": 56846, "typical_volume": 115608.65, "trend": 48.785884, "fair_value": 38.537239, "relative_strength": -0.262195, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.274581, "energy": 18.584601, "activity_lines": [ 50.147167, 50.493876, 50.088168, 49.498268 ] }, { "date": "2026-08-07", "close": 52.502499, "volume": 46227, "typical_volume": 111875.35, "trend": 48.997892, "fair_value": 38.676315, "relative_strength": 4.203445, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.790391, "energy": 28.469114, "activity_lines": [ 50.8345, 50.83709, 50.397693, 49.73805 ] } ], "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." } } }