{
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    "uuid": "e4a3702d-68a6-4449-8c10-205537b35289",
    "symbol": "SMOT",
    "name": "VanEck Morningstar US SMID Moat UCITS ETF A Acc",
    "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.",
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    "as_of": "2026-08-07",
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    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
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    "confidence": 96.0,
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    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
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    "architecture_maturity": 43.012,
    "architecture_confidence": 76.242,
    "architecture_tenure": "Established",
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        "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."
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      },
      {
        "date": "2026-05-15",
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        "typical_volume": 2388.95,
        "trend": 23.87725,
        "fair_value": 22.378697,
        "relative_strength": -1.98015,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
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        "direction": 61.035337,
        "energy": 66.64514,
        "activity_lines": [
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      },
      {
        "date": "2026-05-22",
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        "activity_lines": [
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        "date": "2026-05-29",
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      },
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        "date": "2026-06-05",
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        "trend": 24.059167,
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        "relative_strength": 0.872302,
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        "date": "2026-06-12",
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      },
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        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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        "relative_strength": 0.430403,
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      },
      {
        "date": "2026-07-10",
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        "trend": 24.406167,
        "fair_value": 22.563624,
        "relative_strength": 1.518028,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.586928,
        "energy": 84.719744,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
        "close": 25.860001,
        "volume": 1079,
        "typical_volume": 3106.45,
        "trend": 24.467667,
        "fair_value": 22.588596,
        "relative_strength": 1.04298,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.732253,
        "energy": 87.144777,
        "activity_lines": [
          25.778333,
          25.578409,
          25.046667,
          24.74164
        ]
      },
      {
        "date": "2026-07-24",
        "close": 25.809999,
        "volume": 99,
        "typical_volume": 3111.4,
        "trend": 24.526333,
        "fair_value": 22.612817,
        "relative_strength": -0.303949,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.180162,
        "energy": 71.600426,
        "activity_lines": [
          25.819333,
          25.663727,
          25.170357,
          24.828242
        ]
      },
      {
        "date": "2026-07-31",
        "close": 25.885,
        "volume": 8503,
        "typical_volume": 3420.85,
        "trend": 24.591417,
        "fair_value": 22.637237,
        "relative_strength": -1.136336,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.862574,
        "energy": 64.908675,
        "activity_lines": [
          25.846833,
          25.735091,
          25.290964,
          24.915898
        ]
      },
      {
        "date": "2026-08-07",
        "close": 26.7775,
        "volume": 0,
        "typical_volume": 3401.45,
        "trend": 24.66,
        "fair_value": 22.667905,
        "relative_strength": 1.993912,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.925928,
        "energy": 74.203066,
        "activity_lines": [
          26.1555,
          25.947454,
          25.482798,
          25.056935
        ]
      }
    ],
    "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."
    }
  }
}