{ "ticker": { "uuid": "f30b9d59-ed19-43e8-9d78-b5cf7cf65f2c", "symbol": "TPXU", "name": "Amundi Index Solutions - Amundi Japan Topix", "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": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 78.108, "architecture_energy": 45.381, "architecture_maturity": 64.948, "architecture_confidence": 66.352, "architecture_tenure": "Established", "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": 26.74, "rotation_up": 47.34, "upward_expansion": 76.67, "deceleration": 70.55, "rotation_down": 26.28, "downward_expansion": 5.67 }, "activity_lines": [ 168.862667, 168.160636, 166.27557, 163.985322 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 174.830002, "trend_reference": 161.391999, "distance_from_trend": 0.083263, "trend_direction": "Improving", "fair_value": 127.707885, "distance_from_fair_value": 0.368984, "fair_value_direction": "Improving", "relative_strength": 4.342424, "relative_strength_direction": "Weakening", "price_momentum": 0.095701, "excess_performance": 0.044465, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.083263, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.04937, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.368984, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.02276, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.043424, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.027863, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.095701, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.428047, "read": "Demand-led" } ], "volume": { "latest": 20014, "relative_activity": 1.77824, "balance": 5.428047, "dry_up": 3.029178, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.026857, "annualized_volatility": 0.21841, "from_high_reference": -0.196073, "from_low_reference": 0.292166 }, "levels": { "trend_reference": 161.391999, "fair_value_reference": 127.707885, "structural_low": 144.869995, 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20014, "typical_volume": 11254.95, "trend": 161.391999, "fair_value": 127.707885, "relative_strength": 4.342424, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.107967, "energy": 45.380643, "activity_lines": [ 168.862667, 168.160636, 166.27557, 163.985322 ] } ], "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." } } }