{ "ticker": { "uuid": "09e6c381-3af9-4658-a099-814d3cd7ff8b", "symbol": "WCOA", "name": "WisdomTree Enhanced Commodity UCITS ETF - USD Acc", "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": 78.589, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Re-acceleration watch", "architecture_gate": "up", "architecture_direction": 40.535, "architecture_energy": 33.388, "architecture_maturity": 40.258, "architecture_confidence": 57.424, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 35.82, "rotation_up": 65.25, "upward_expansion": 69.87, "deceleration": 61.94, "rotation_down": 9.79, "downward_expansion": 10.87 }, "activity_lines": [ 21.467333, 21.117818, 21.348059, 21.228887 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 21.535, "trend_reference": 20.746667, "distance_from_trend": 0.037998, "trend_direction": "Improving", "fair_value": 16.192169, "distance_from_fair_value": 0.329964, "fair_value_direction": "Weakening", "relative_strength": 5.49741, "relative_strength_direction": "Weakening", "price_momentum": 0.17038, "excess_performance": 0.119145, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.037998, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.073853, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.329964, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.099145, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.054974, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.154059, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.17038, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.3985, "read": "Supply-led" } ], "volume": { "latest": 35772, "relative_activity": 0.19031, "balance": 0.3985, "dry_up": 0.66284, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.034913, "annualized_volatility": 0.18284, "from_high_reference": -0.078914, "from_low_reference": 0.403846 }, "levels": { "trend_reference": 20.746667, "fair_value_reference": 16.192169, "structural_low": 17.945, "invalidation": "A sustained loss of 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"fair_value": 16.022602, "relative_strength": 5.912118, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -3.728707, "energy": 29.942324, "activity_lines": [ 20.358334, 20.901273, 21.304131, 20.9345 ] }, { "date": "2026-07-17", "close": 21.334999, "volume": 358379, "typical_volume": 224868.75, "trend": 20.304667, "fair_value": 16.064028, "relative_strength": 8.439922, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.06398, "energy": 21.264899, "activity_lines": [ 20.641333, 20.895, 21.308214, 21.011059 ] }, { "date": "2026-07-24", "close": 21.795, "volume": 48469, "typical_volume": 224348.0, "trend": 20.461, "fair_value": 16.107201, "relative_strength": 9.013944, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.08705, "energy": 15.818911, "activity_lines": [ 21.071333, 20.990364, 21.345631, 21.10721 ] }, { "date": "2026-07-31", "close": 21.424999, "volume": 55748, "typical_volume": 208069.35, "trend": 20.613, "fair_value": 16.14906, "relative_strength": 5.570866, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.761445, "energy": 25.483845, "activity_lines": [ 21.301166, 21.034363, 21.341929, 21.169403 ] }, { "date": "2026-08-07", "close": 21.535, "volume": 35772, "typical_volume": 187967.05, "trend": 20.746667, "fair_value": 16.192169, "relative_strength": 5.49741, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 40.53541, "energy": 33.388013, "activity_lines": [ 21.467333, 21.117818, 21.348059, 21.228887 ] } ], "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." } } }