{
  "ticker": {
    "uuid": "f5d77965-8c7d-48f8-b891-2b52758defac",
    "symbol": "V3PA",
    "name": "Vanguard ESG Developed Asia Pacific All Cap UCITS ETF USD Accumulating",
    "exchange": "GER",
    "country": "DE",
    "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": "^GDAXI",
    "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": 27.252,
    "architecture_energy": 25.764,
    "architecture_maturity": 64.253,
    "architecture_confidence": 89.626,
    "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": 51.05,
        "rotation_up": 18.65,
        "upward_expansion": 53.11,
        "deceleration": 93.99,
        "rotation_down": 35.39,
        "downward_expansion": 19.11
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      "activity_lines": [
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.0
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    "latest_close": 9.335,
    "trend_reference": 8.7598,
    "distance_from_trend": 0.065664,
    "trend_direction": "Improving",
    "fair_value": 6.757154,
    "distance_from_fair_value": 0.381499,
    "fair_value_direction": "Weakening",
    "relative_strength": 7.300795,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.161648,
    "excess_performance": 0.097008,
    "evidence": [
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        "label": "Price vs Trend",
        "positive": true,
        "value": 0.065664,
        "read": "Above"
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      {
        "label": "Trend direction",
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        "read": "Rising"
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      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.381499,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.038581,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.073008,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.165944,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.161648,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.908321,
        "read": "Supply-led"
      }
    ],
    "volume": {
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      "relative_activity": 1.140189,
      "balance": 0.908321,
      "dry_up": 1.751793,
      "accumulation_observations": 3,
      "distribution_observations": 3
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    "risk": {
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      "annualized_volatility": 0.243737,
      "from_high_reference": -0.087131,
      "from_low_reference": 0.395366
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    "levels": {
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      "fair_value_reference": 6.757154,
      "structural_low": 7.626,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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    "outcomes": [
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        "sample_count": 7,
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        "horizon": "Extended",
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        "gate": "up",
        "direction": 89.613211,
        "energy": 93.004621,
        "activity_lines": [
          9.708267,
          9.428945,
          8.954233,
          8.663465
        ]
      },
      {
        "date": "2026-06-26",
        "close": 9.924,
        "volume": 23300,
        "typical_volume": 179118.65,
        "trend": 8.344,
        "fair_value": 6.610756,
        "relative_strength": 26.060046,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.662525,
        "energy": 82.860903,
        "activity_lines": [
          9.819333,
          9.564782,
          9.074867,
          8.771211
        ]
      },
      {
        "date": "2026-07-03",
        "close": 9.776,
        "volume": 55909,
        "typical_volume": 161902.7,
        "trend": 8.429067,
        "fair_value": 6.637994,
        "relative_strength": 18.05493,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.168851,
        "energy": 76.610184,
        "activity_lines": [
          9.837,
          9.649855,
          9.172414,
          8.863598
        ]
      },
      {
        "date": "2026-07-10",
        "close": 9.701,
        "volume": 198474,
        "typical_volume": 156696.35,
        "trend": 8.514233,
        "fair_value": 6.664513,
        "relative_strength": 19.586976,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.213865,
        "energy": 64.427789,
        "activity_lines": [
          9.819667,
          9.696273,
          9.256114,
          8.945658
        ]
      },
      {
        "date": "2026-07-17",
        "close": 9.142,
        "volume": 143522,
        "typical_volume": 151881.5,
        "trend": 8.5788,
        "fair_value": 6.687353,
        "relative_strength": 13.062905,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 49.669868,
        "energy": 43.686489,
        "activity_lines": [
          9.590533,
          9.620055,
          9.280762,
          8.986159
        ]
      },
      {
        "date": "2026-07-24",
        "close": 9.267,
        "volume": 397725,
        "typical_volume": 157312.7,
        "trend": 8.646133,
        "fair_value": 6.709981,
        "relative_strength": 12.716079,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.522375,
        "energy": 28.185712,
        "activity_lines": [
          9.432133,
          9.566473,
          9.315029,
          9.030559
        ]
      },
      {
        "date": "2026-07-31",
        "close": 9.097,
        "volume": 468499,
        "typical_volume": 170886.35,
        "trend": 8.7034,
        "fair_value": 6.732641,
        "relative_strength": 7.863935,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.159603,
        "energy": 25.853445,
        "activity_lines": [
          9.277133,
          9.479309,
          9.327424,
          9.059647
        ]
      },
      {
        "date": "2026-08-07",
        "close": 9.335,
        "volume": 196234,
        "typical_volume": 172106.5,
        "trend": 8.7598,
        "fair_value": 6.757154,
        "relative_strength": 7.300795,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.251714,
        "energy": 25.764358,
        "activity_lines": [
          9.2566,
          9.438436,
          9.357143,
          9.100396
        ]
      }
    ],
    "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."
    }
  }
}