{
  "ticker": {
    "uuid": "d7b966da-6e31-4649-80e6-631b319b2e9f",
    "symbol": "SLICHA",
    "name": "UBS SLI ETF CHF dis",
    "exchange": "EBS",
    "country": "CH",
    "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": "^SSMI",
    "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": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 82.241,
    "architecture_energy": 70.227,
    "architecture_maturity": 34.552,
    "architecture_confidence": 84.067,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 3.85,
        "rotation_up": 66.71,
        "upward_expansion": 87.67,
        "deceleration": 55.16,
        "rotation_down": 23.51,
        "downward_expansion": 12.0
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      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.833333
    },
    "latest_close": 244.600006,
    "trend_reference": 224.119248,
    "distance_from_trend": 0.091383,
    "trend_direction": "Improving",
    "fair_value": 198.298031,
    "distance_from_fair_value": 0.233497,
    "fair_value_direction": "Improving",
    "relative_strength": 1.386408,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.112625,
    "excess_performance": 0.029742,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.091383,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.035391,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.233497,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.096842,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.013864,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.004859,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.112625,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.535505,
        "read": "Demand-led"
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    ],
    "volume": {
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      "relative_activity": 1.245519,
      "balance": 2.535505,
      "dry_up": 1.007987,
      "accumulation_observations": 3,
      "distribution_observations": 1
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    "risk": {
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      "annualized_volatility": 0.155227,
      "from_high_reference": -0.005489,
      "from_low_reference": 0.243308
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    "levels": {
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      "fair_value_reference": 198.298031,
      "structural_low": 196.733221,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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    "outcomes": [
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        "directional_follow_through": 0.515152,
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      },
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        "horizon": "Intermediate",
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        "sufficient": true
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        "horizon": "Extended",
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        "horizon": "Full cycle",
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        "date": "2026-05-08",
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      },
      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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        "relative_strength": 1.084023,
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      },
      {
        "date": "2026-07-10",
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        "trend": 221.222271,
        "fair_value": 196.503578,
        "relative_strength": 1.228719,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.440484,
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        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
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        "volume": 36421,
        "typical_volume": 52169.6,
        "trend": 221.99842,
        "fair_value": 196.953225,
        "relative_strength": 0.964794,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.872124,
        "energy": 89.902795,
        "activity_lines": [
          239.513331,
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          225.211826
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      },
      {
        "date": "2026-07-24",
        "close": 238.449997,
        "volume": 37128,
        "typical_volume": 46229.2,
        "trend": 222.661668,
        "fair_value": 197.36879,
        "relative_strength": 0.283617,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.74062,
        "energy": 86.501265,
        "activity_lines": [
          239.576664,
          236.495453,
          230.06734,
          226.273218
        ]
      },
      {
        "date": "2026-07-31",
        "close": 239.699997,
        "volume": 36119,
        "typical_volume": 43038.95,
        "trend": 223.36163,
        "fair_value": 197.813866,
        "relative_strength": 0.706771,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.102167,
        "energy": 70.499982,
        "activity_lines": [
          239.626664,
          237.653634,
          231.553572,
          227.372465
        ]
      },
      {
        "date": "2026-08-07",
        "close": 244.600006,
        "volume": 49021,
        "typical_volume": 39357.9,
        "trend": 224.119248,
        "fair_value": 198.298031,
        "relative_strength": 1.386408,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.241422,
        "energy": 70.226952,
        "activity_lines": [
          241.156667,
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        ]
      }
    ],
    "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."
    }
  }
}