{ "ticker": { "uuid": "1170b6e6-88cf-4e7b-ace7-c8a2043d69f5", "symbol": "WOOD", "name": "iShares Global Timber & Forestry UCITS ETF USD (Dist)", "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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 69.392, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": 21.766, "architecture_energy": 34.029, "architecture_maturity": 66.253, "architecture_confidence": 51.17, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 40.55, "rotation_up": 50.35, "upward_expansion": 35.61, "deceleration": 44.17, "rotation_down": 16.75, "downward_expansion": 46.27 }, "activity_lines": [ 1777.8, 1748.654545, 1729.766721, 1750.946435 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 1833.0, "trend_reference": 1794.815867, "distance_from_trend": 0.021275, "trend_direction": "Weakening", "fair_value": 2006.76957, "distance_from_fair_value": -0.086592, "fair_value_direction": "Improving", "relative_strength": -6.979053, "relative_strength_direction": "Improving", "price_momentum": -0.0589, "excess_performance": -0.110135, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.021275, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.013705, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.086592, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.06505, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.069791, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.056646, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.0589, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.506056, "read": "Demand-led" } ], "volume": { "latest": 32957, "relative_activity": 1.33772, "balance": 2.506056, "dry_up": 1.770671, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.026273, "annualized_volatility": 0.200462, "from_high_reference": -0.118411, "from_low_reference": 0.12939 }, "levels": { "trend_reference": 1794.815867, "fair_value_reference": 2006.76957, 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"downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 1.039764, "energy": 13.359371, "activity_lines": [ 1743.5, 1727.1, 1719.803539, 1748.639342 ] }, { "date": "2026-08-07", "close": 1833.0, "volume": 32957, "typical_volume": 24636.7, "trend": 1794.815867, "fair_value": 2006.76957, "relative_strength": -6.979053, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 21.76551, "energy": 34.028794, "activity_lines": [ 1777.8, 1748.654545, 1729.766721, 1750.946435 ] } ], "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." } } }