{ "ticker": { "uuid": "e1ad5b01-ba51-451a-8ce1-5a0ff3045057", "symbol": "TREG", "name": "VanEck Global Real Estate UCITS ETF", "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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 59.264, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 57.535, "architecture_energy": 46.299, "architecture_maturity": 14.45, "architecture_confidence": 73.618, "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": 18.7, "rotation_up": 58.58, "upward_expansion": 77.35, "deceleration": 57.45, "rotation_down": 15.35, "downward_expansion": 6.35 }, "activity_lines": [ 36.164667, 35.968045, 35.415886, 35.117957 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 35.805, "trend_reference": 34.741093, "distance_from_trend": 0.030624, "trend_direction": "Improving", "fair_value": 31.163434, "distance_from_fair_value": 0.148943, "fair_value_direction": "Improving", "relative_strength": -2.405189, "relative_strength_direction": "Weakening", "price_momentum": 0.057452, "excess_performance": 0.006216, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.030624, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.026813, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.148943, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.013994, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.024052, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.019403, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.057452, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.163254, "read": "Demand-led" } ], "volume": { "latest": 16182, "relative_activity": 2.704754, "balance": 1.163254, "dry_up": 2.928562, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.031808, "annualized_volatility": 0.150137, "from_high_reference": -0.047233, "from_low_reference": 0.161068 }, "levels": { "trend_reference": 34.741093, "fair_value_reference": 31.163434, "structural_low": 32.324854, 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"direction": 56.252649, "energy": 58.514862, "activity_lines": [ 35.517833, 35.158469, 34.800698, 34.630693 ] }, { "date": "2026-07-17", "close": 36.57, "volume": 9849, "typical_volume": 3670.6, "trend": 34.380223, "fair_value": 30.991326, "relative_strength": 2.351774, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.876445, "energy": 72.210861, "activity_lines": [ 35.901333, 35.459905, 34.982813, 34.780211 ] }, { "date": "2026-07-24", "close": 36.970001, "volume": 32394, "typical_volume": 4774.45, "trend": 34.532978, "fair_value": 31.052014, "relative_strength": 2.159133, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.8039, "energy": 74.485233, "activity_lines": [ 36.329834, 35.797715, 35.201409, 34.947294 ] }, { "date": "2026-07-31", "close": 36.0275, "volume": 11659, "typical_volume": 5273.3, "trend": 34.654235, "fair_value": 31.107797, "relative_strength": -1.593248, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.825729, "energy": 52.320496, "activity_lines": [ 36.282834, 35.917297, 35.322374, 35.043714 ] }, { "date": "2026-08-07", "close": 35.805, "volume": 16182, "typical_volume": 5982.8, "trend": 34.741093, "fair_value": 31.163434, "relative_strength": -2.405189, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.535341, "energy": 46.299283, "activity_lines": [ 36.164667, 35.968045, 35.415886, 35.117957 ] } ], "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." } } }