{
  "ticker": {
    "uuid": "e7cf7ca6-a219-46fa-9a9b-ae1b69581b61",
    "symbol": "EPI",
    "name": "WISDOMTREE TRUST INDIA EARNINGS USD",
    "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": 4,
    "stage_name": "Declining",
    "phase": "4c",
    "phase_label": "Stage 4C \u00b7 Repair watch",
    "transition": "stage_4_to_1_watch",
    "transition_label": "Stage 4 \u2192 1 repair watch",
    "confidence": 74.988,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "down",
    "architecture_direction": 0.219,
    "architecture_energy": 2.203,
    "architecture_maturity": 15.287,
    "architecture_confidence": 79.065,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 70.24,
        "rotation_up": 24.44,
        "upward_expansion": 30.97,
        "deceleration": 39.37,
        "rotation_down": 26.92,
        "downward_expansion": 43.97
      },
      "activity_lines": [
        42.846,
        42.73,
        42.682952,
        42.752108
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.0
    },
    "latest_close": 43.68,
    "trend_reference": 43.143,
    "distance_from_trend": 0.012447,
    "trend_direction": "Weakening",
    "fair_value": 44.076788,
    "distance_from_fair_value": -0.009002,
    "fair_value_direction": "Weakening",
    "relative_strength": -11.99516,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.050847,
    "excess_performance": -0.176472,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.012447,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.02556,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.009002,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.015624,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.119952,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.020571,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.050847,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.026732,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1529386,
      "relative_activity": 0.539463,
      "balance": 1.026732,
      "dry_up": 0.67643,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.025421,
      "annualized_volatility": 0.178274,
      "from_high_reference": -0.074576,
      "from_low_reference": 0.108489
    },
    "levels": {
      "trend_reference": 43.143,
      "fair_value_reference": 44.076788,
      "structural_low": 39.405,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 15,
        "median_return": 0.008472,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.019633,
        "regime_survival": 0.4,
        "best_return": 0.049116,
        "worst_return": -0.078316,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": -0.002597,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.023345,
        "regime_survival": 0.166667,
        "best_return": 0.067125,
        "worst_return": -0.071915,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.011165,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.123203,
        "regime_survival": 0.2,
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        "worst_return": -0.062568,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.046835,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": 1.6e-05,
        "regime_survival": 0.333333,
        "best_return": 0.370863,
        "worst_return": -0.052102,
        "sufficient": false
      }
    ],
    "ledger": [
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        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2024-11-08",
        "tenure": "New",
        "return": 0.00299,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
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        "tenure": "Developing",
        "return": 0.048121,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-12-20",
        "end": "2025-04-25",
        "tenure": "Established",
        "return": -0.025412,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "tenure": "New",
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        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "end": "2025-08-29",
        "tenure": "New",
        "return": -0.010619,
        "active": false
      },
      {
        "regime": "rotation_down",
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        "tenure": "New",
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        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-10-03",
        "tenure": "New",
        "return": -0.024726,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "tenure": "New",
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        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "end": "2025-12-05",
        "tenure": "Developing",
        "return": -0.000437,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "tenure": "Established",
        "return": -0.070635,
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      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-03-20",
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        "active": false
      },
      {
        "regime": "balance",
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        "return": 0.024871,
        "active": true
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    ],
    "chart_path": [
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      {
        "date": "2026-04-24",
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      {
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      },
      {
        "date": "2026-07-17",
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        "energy": 15.075047,
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      },
      {
        "date": "2026-07-24",
        "close": 41.69,
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        "typical_volume": 3541609.3,
        "trend": 43.331333,
        "fair_value": 43.978981,
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        "stage": 4,
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      },
      {
        "date": "2026-07-31",
        "close": 42.99,
        "volume": 1698576,
        "typical_volume": 3310836.65,
        "trend": 43.203667,
        "fair_value": 44.025673,
        "relative_strength": -10.711712,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -36.383639,
        "energy": 19.387601,
        "activity_lines": [
          42.455333,
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      },
      {
        "date": "2026-08-07",
        "close": 43.68,
        "volume": 1529386,
        "typical_volume": 2835017.6,
        "trend": 43.143,
        "fair_value": 44.076788,
        "relative_strength": -11.99516,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 0.218944,
        "energy": 2.203465,
        "activity_lines": [
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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."
    }
  }
}