{ "ticker": { "uuid": "d734f569-f712-4452-baee-0fcafe629d3c", "symbol": "FLAX", "name": "FRANKLIN TEMPLETON ETF TR FRANKLIN FTSE ASIA EX JAPAN 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": 81.041, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 15.757, "architecture_energy": 15.386, "architecture_maturity": 55.8, "architecture_confidence": 86.479, "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": 58.0, "rotation_up": 21.44, "upward_expansion": 47.26, "deceleration": 84.77, "rotation_down": 35.67, "downward_expansion": 27.59 }, "activity_lines": [ 35.110807, 35.534399, 35.599561, 34.869816 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 35.7229, "trend_reference": 33.932827, "distance_from_trend": 0.052753, "trend_direction": "Improving", "fair_value": 25.100996, "distance_from_fair_value": 0.423167, "fair_value_direction": "Weakening", "relative_strength": 0.797715, "relative_strength_direction": "Weakening", "price_momentum": 0.110172, "excess_performance": -0.015453, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.052753, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.067311, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.423167, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.122536, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.007977, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.120395, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.110172, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.570139, "read": "Demand-led" } ], "volume": { "latest": 15641, "relative_activity": 0.378339, "balance": 1.570139, "dry_up": 0.816595, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.057798, "annualized_volatility": 0.271962, "from_high_reference": -0.083756, "from_low_reference": 0.360837 }, "levels": { "trend_reference": 33.932827, "fair_value_reference": 25.100996, "structural_low": 29.44, "invalidation": 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34.5078, "volume": 24208, "typical_volume": 42181.65, "trend": 33.626724, "fair_value": 24.903567, "relative_strength": 2.289573, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.569019, "energy": 19.513907, "activity_lines": [ 35.146113, 35.816117, 35.468987, 34.666966 ] }, { "date": "2026-07-31", "close": 34.8214, "volume": 56933, "typical_volume": 42587.65, "trend": 33.773397, "fair_value": 24.997653, "relative_strength": 1.894135, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.334903, "energy": 17.939437, "activity_lines": [ 34.9216, 35.584533, 35.500658, 34.744042 ] }, { "date": "2026-08-07", "close": 35.7229, "volume": 15641, "typical_volume": 41341.2, "trend": 33.932827, "fair_value": 25.100996, "relative_strength": 0.797715, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.757091, "energy": 15.385753, "activity_lines": [ 35.110807, 35.534399, 35.599561, 34.869816 ] } ], "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." } } }