{
  "ticker": {
    "uuid": "f12b387d-046b-40e5-9eba-707f09d23292",
    "symbol": "UC79",
    "name": "UBS MSCI EM Socially Responsible UCITS ETF USD dis",
    "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": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 32.953,
    "architecture_energy": 25.034,
    "architecture_maturity": 68.076,
    "architecture_confidence": 88.166,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 43.4,
        "rotation_up": 25.43,
        "upward_expansion": 57.84,
        "deceleration": 88.32,
        "rotation_down": 33.05,
        "downward_expansion": 19.17
      },
      "activity_lines": [
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      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
    },
    "latest_close": 1714.0,
    "trend_reference": 1574.713888,
    "distance_from_trend": 0.088452,
    "trend_direction": "Improving",
    "fair_value": 1179.699817,
    "distance_from_fair_value": 0.452912,
    "fair_value_direction": "Weakening",
    "relative_strength": 8.557525,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.193716,
    "excess_performance": 0.142481,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.088452,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.090439,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.452912,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.046307,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.085575,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.117274,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.193716,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.58798,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 150757,
      "relative_activity": 0.740921,
      "balance": 0.58798,
      "dry_up": 1.178078,
      "accumulation_observations": 1,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.050009,
      "annualized_volatility": 0.253845,
      "from_high_reference": -0.072511,
      "from_low_reference": 0.462608
    },
    "levels": {
      "trend_reference": 1574.713888,
      "fair_value_reference": 1179.699817,
      "structural_low": 1346.0,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 9,
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        "positive_rate": 0.555556,
        "directional_follow_through": 0.555556,
        "median_excess_return": 0.000782,
        "regime_survival": 0.444444,
        "best_return": 0.130665,
        "worst_return": -0.084122,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
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        "regime_survival": 0.0,
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        "worst_return": -0.048033,
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      },
      {
        "horizon": "Extended",
        "sample_count": 4,
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        "directional_follow_through": 0.75,
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        "worst_return": -0.058161,
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      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
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    ],
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      },
      {
        "regime": "deceleration",
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      },
      {
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      },
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        "regime": "upward_expansion",
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      },
      {
        "regime": "deceleration",
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        "color": "amber",
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        "tenure": "New",
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      },
      {
        "regime": "downward_expansion",
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        "end": "2025-05-30",
        "tenure": "Developing",
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      {
        "regime": "rotation_up",
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        "regime": "balance",
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      {
        "date": "2026-03-27",
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      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-17",
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        "trend": 1542.133228,
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      },
      {
        "date": "2026-07-24",
        "close": 1678.0,
        "volume": 145154,
        "typical_volume": 208055.95,
        "trend": 1553.729468,
        "fair_value": 1170.841714,
        "relative_strength": 8.644176,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
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        "direction": 40.561528,
        "energy": 26.800099,
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      },
      {
        "date": "2026-07-31",
        "close": 1656.0,
        "volume": 247941,
        "typical_volume": 207774.4,
        "trend": 1563.634139,
        "fair_value": 1174.947173,
        "relative_strength": 5.585153,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.193763,
        "energy": 25.398319,
        "activity_lines": [
          1679.033333,
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          1634.890451
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      },
      {
        "date": "2026-08-07",
        "close": 1714.0,
        "volume": 150757,
        "typical_volume": 203472.35,
        "trend": 1574.713888,
        "fair_value": 1179.699817,
        "relative_strength": 8.557525,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.952618,
        "energy": 25.034206,
        "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."
    }
  }
}