{
  "ticker": {
    "uuid": "f401e705-516a-437f-ac17-b17e0869e779",
    "symbol": "XZES",
    "name": "Xtrackers S&P 500 Equal Weight Scored & Screened UCITS ETF 1C",
    "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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    "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": 81.889,
    "architecture_energy": 68.459,
    "architecture_maturity": 77.133,
    "architecture_confidence": 68.323,
    "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."
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      "scores": {
        "balance": 13.29,
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
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    "trend_direction": "Improving",
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    "distance_from_fair_value": 0.235925,
    "fair_value_direction": "Improving",
    "relative_strength": 2.599277,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.110148,
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        "label": "Trend direction",
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      {
        "label": "Price vs current Fair Value",
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        "read": "Premium"
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        "label": "Fair Value direction",
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        "read": "Closing upward"
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        "label": "Relative Strength vs benchmark",
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        "read": "Leading"
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        "label": "Relative strength direction",
        "positive": true,
        "value": 0.015415,
        "read": "Improving"
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      {
        "label": "Price momentum",
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        "value": 0.110148,
        "read": "Positive"
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        "label": "Volume balance",
        "positive": true,
        "value": 1.002532,
        "read": "Demand-led"
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        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.28819,
        "energy": 92.95593,
        "activity_lines": [
          44.368667,
          43.738909,
          42.668286,
          42.106425
        ]
      },
      {
        "date": "2026-07-10",
        "close": 44.342499,
        "volume": 8250,
        "typical_volume": 23231.65,
        "trend": 41.533583,
        "fair_value": 36.442077,
        "relative_strength": 4.163651,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.252565,
        "energy": 87.231815,
        "activity_lines": [
          44.434,
          43.955182,
          42.893357,
          42.297382
        ]
      },
      {
        "date": "2026-07-17",
        "close": 44.325001,
        "volume": 38921,
        "typical_volume": 25063.2,
        "trend": 41.688,
        "fair_value": 36.523167,
        "relative_strength": 3.053864,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.680595,
        "energy": 77.714174,
        "activity_lines": [
          44.436834,
          44.115455,
          43.10325,
          42.477473
        ]
      },
      {
        "date": "2026-07-24",
        "close": 44.724998,
        "volume": 27047,
        "typical_volume": 25329.35,
        "trend": 41.866333,
        "fair_value": 36.60626,
        "relative_strength": 2.623324,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.139923,
        "energy": 68.169242,
        "activity_lines": [
          44.537666,
          44.299363,
          43.339762,
          42.673409
        ]
      },
      {
        "date": "2026-07-31",
        "close": 44.314999,
        "volume": 76162,
        "typical_volume": 27983.85,
        "trend": 42.032,
        "fair_value": 36.687846,
        "relative_strength": 0.418344,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.863665,
        "energy": 61.050392,
        "activity_lines": [
          44.454666,
          44.362045,
          43.522107,
          42.831387
        ]
      },
      {
        "date": "2026-08-07",
        "close": 45.455002,
        "volume": 14599,
        "typical_volume": 27718.9,
        "trend": 42.194667,
        "fair_value": 36.778119,
        "relative_strength": 2.599277,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.888595,
        "energy": 68.458625,
        "activity_lines": [
          44.780167,
          44.600818,
          43.793798,
          43.052226
        ]
      }
    ],
    "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."
    }
  }
}