{ "ticker": { "uuid": "0f6c8d27-de00-4a51-891c-d026139b7b87", "symbol": "QDEC", "name": "FIRST TRUST GLOBAL FUNDS ICAV F", "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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 68.512, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 88.361, "architecture_energy": 68.198, "architecture_maturity": 67.24, "architecture_confidence": 68.334, "architecture_tenure": "Developing", "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": 26.62, "rotation_up": 53.1, "upward_expansion": 83.0, "deceleration": 71.18, "rotation_down": 29.92, "downward_expansion": 12.0 }, "activity_lines": [ 24.318334, 24.292409, 24.17831, 23.861876 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 24.6175, "trend_reference": 23.4825, "distance_from_trend": 0.048334, "trend_direction": "Improving", "fair_value": 21.887777, "distance_from_fair_value": 0.124715, "fair_value_direction": "Improving", "relative_strength": -1.188876, "relative_strength_direction": "Weakening", "price_momentum": 0.087345, "excess_performance": 0.03611, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.048334, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.024147, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.124715, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.001776, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.011889, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.03651, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.087345, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 33.444712, "read": "Demand-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 33.444712, "dry_up": 0.046132, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.007304, "annualized_volatility": 0.072653, "from_high_reference": 0.0, "from_low_reference": 0.1454 }, "levels": { "trend_reference": 23.4825, "fair_value_reference": 21.887777, "structural_low": 21.865, "invalidation": "A sustained 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null ] }, { "date": "2026-06-26", "close": 24.165001, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-07-03", "close": 24.305, "volume": 0, "typical_volume": 2354.95, "trend": 23.242083, "fair_value": 21.737544, "relative_strength": -0.815406, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.19222, "energy": 65.159478, "activity_lines": [ 24.268, 24.254, 23.850786, 23.554543 ] }, { "date": "2026-07-10", "close": 24.3825, "volume": 43, "typical_volume": 2357.1, "trend": 23.296667, "fair_value": 21.770198, "relative_strength": 1.26226, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.702493, "energy": 73.142496, "activity_lines": [ 24.306167, 24.2875, 23.940298, 23.628118 ] }, { "date": "2026-07-17", "close": 24.195, "volume": 0, "typical_volume": 2357.1, "trend": 23.343083, "fair_value": 21.799768, "relative_strength": -0.419629, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.922837, "energy": 73.230833, "activity_lines": [ 24.274167, 24.276227, 24.003881, 23.686075 ] }, { "date": "2026-07-24", "close": 24.135, "volume": 0, "typical_volume": 2268.05, "trend": 23.384583, "fair_value": 21.827904, "relative_strength": -1.836097, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.995275, "energy": 60.86877, "activity_lines": [ 24.225167, 24.252227, 24.05444, 23.737167 ] }, { "date": "2026-07-31", "close": 24.127501, "volume": 416, "typical_volume": 2281.35, "trend": 23.427417, "fair_value": 21.85528, "relative_strength": -2.959416, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.548096, "energy": 52.805997, "activity_lines": [ 24.188834, 24.226546, 24.097048, 23.785097 ] }, { "date": "2026-08-07", "close": 24.6175, "volume": 0, "typical_volume": 2254.4, "trend": 23.4825, "fair_value": 21.887777, "relative_strength": -1.188876, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.361117, "energy": 68.197925, "activity_lines": [ 24.318334, 24.292409, 24.17831, 23.861876 ] } ], "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." } } }