{ "ticker": { "uuid": "d864104d-8ef6-4544-8e0d-6e15b871ebd5", "symbol": "IJH", "name": "iShares S&P Mid-Cap ETF", "exchange": "ASX", "country": "AU", "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": "^AXJO", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 81.009, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 56.508, "architecture_energy": 49.227, "architecture_maturity": 83.848, "architecture_confidence": 48.767, "architecture_tenure": "Established", "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": 20.96, "rotation_up": 41.91, "upward_expansion": 68.07, "deceleration": 68.15, "rotation_down": 27.34, "downward_expansion": 20.4 }, "activity_lines": [ 54.031332, 54.110491, 53.154692, 52.251454 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 54.419998, "trend_reference": 51.365895, "distance_from_trend": 0.059458, "trend_direction": "Improving", "fair_value": 46.299934, "distance_from_fair_value": 0.17538, "fair_value_direction": "Improving", "relative_strength": 2.193856, "relative_strength_direction": "Weakening", "price_momentum": 0.08901, "excess_performance": 0.025304, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.059458, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.027963, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.17538, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.042728, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.021939, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.016227, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.08901, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.614771, "read": "Supply-led" } ], "volume": { "latest": 52999, "relative_activity": 1.138084, "balance": 0.614771, "dry_up": 1.047723, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.018817, "annualized_volatility": 0.11719, "from_high_reference": -0.019459, "from_low_reference": 0.162121 }, "levels": { "trend_reference": 51.365895, "fair_value_reference": 46.299934, "structural_low": 46.828166, 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"upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.508742, "energy": 62.551404, "activity_lines": [ 54.177311, 53.941466, 52.698258, 51.883877 ] }, { "date": "2026-07-31", "close": 53.639999, "volume": 57574, "typical_volume": 47332.7, "trend": 51.253226, "fair_value": 46.203921, "relative_strength": 4.107482, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.048867, "energy": 49.544385, "activity_lines": [ 53.923333, 53.979834, 52.904125, 52.047146 ] }, { "date": "2026-08-07", "close": 54.419998, "volume": 52999, "typical_volume": 46568.6, "trend": 51.365895, "fair_value": 46.299934, "relative_strength": 2.193856, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.507912, "energy": 49.226796, "activity_lines": [ 54.031332, 54.110491, 53.154692, 52.251454 ] } ], "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." } } }