{ "ticker": { "uuid": "f054c882-7709-4970-9c43-6462ab15a409", "symbol": "FPXI", "name": "First Trust International Equity Opportunities ETF", "exchange": "MEX", "country": "MX", "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": "^MXX", "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": 65.663, "architecture_energy": 67.282, "architecture_maturity": 94.694, "architecture_confidence": 79.009, "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": 23.62, "rotation_up": 53.2, "upward_expansion": 83.0, "deceleration": 71.5, "rotation_down": 29.99, "downward_expansion": 12.0 }, "activity_lines": [ 1352.0, 1351.348424, 1267.89555, 1193.301777 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 1352.0, "trend_reference": 1107.132748, "distance_from_trend": 0.221172, "trend_direction": "Improving", "fair_value": 931.649379, "distance_from_fair_value": 0.45119, "fair_value_direction": "Improving", "relative_strength": 26.367842, "relative_strength_direction": "Improving", "price_momentum": 0.398217, "excess_performance": 0.452884, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.221172, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.13046, "read": "Rising" }, { 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1343.28017, 1229.104527, 1159.221782 ] }, { "date": "2026-07-31", "close": 1352.0, "volume": 0, "typical_volume": 1.2, "trend": 1094.29761, "fair_value": 928.025667, "relative_strength": 26.912649, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.187038, "energy": 68.210909, "activity_lines": [ 1352.0, 1350.816518, 1249.416834, 1176.675816 ] }, { "date": "2026-08-07", "close": 1352.0, "volume": 0, "typical_volume": 1.2, "trend": 1107.132748, "fair_value": 931.649379, "relative_strength": 26.367842, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.663371, "energy": 67.281952, "activity_lines": [ 1352.0, 1351.348424, 1267.89555, 1193.301777 ] } ], "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." } } }