{ "ticker": { "uuid": "1937b90d-ae86-4211-8c30-3783020bdec9", "symbol": "SUK2", "name": "L&G FTSE 100 Super Short Strategy (Daily 2x) UCITS ETF", "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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -76.456, "architecture_energy": 77.05, "architecture_maturity": 100.0, "architecture_confidence": 84.383, "architecture_tenure": "Extended", "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": 9.74, "rotation_up": 10.55, "upward_expansion": 16.65, "deceleration": 37.42, "rotation_down": 76.72, "downward_expansion": 92.32 }, "activity_lines": [ 186.841333, 190.420182, 194.432239, 197.024323 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 182.9, "trend_reference": 200.230001, "distance_from_trend": -0.08655, "trend_direction": "Weakening", "fair_value": 288.143328, "distance_from_fair_value": -0.365246, "fair_value_direction": "Weakening", "relative_strength": -22.67506, "relative_strength_direction": "Weakening", "price_momentum": -0.110192, "excess_performance": -0.161427, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.08655, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.055272, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.365246, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.045576, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.226751, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.037864, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.110192, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.398846, "read": "Supply-led" } ], "volume": { "latest": 3359762, "relative_activity": 1.448097, "balance": 0.398846, "dry_up": 1.271254, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.0406, "annualized_volatility": 0.289659, "from_high_reference": -0.306672, "from_low_reference": 0.013296 }, "levels": { "trend_reference": 200.230001, "fair_value_reference": 288.143328, 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"activity_lines": [ 195.636, 197.422183, 199.41643, 201.04613 ] }, { "date": "2026-07-17", "close": 193.78, "volume": 1640851, "typical_volume": 2693689.75, "trend": 203.698668, "fair_value": 291.489065, "relative_strength": -18.288026, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.240864, "energy": 51.782287, "activity_lines": [ 194.74, 196.445273, 198.728239, 200.343001 ] }, { "date": "2026-07-24", "close": 188.84, "volume": 4483946, "typical_volume": 2512419.15, "trend": 202.504168, "fair_value": 290.449418, "relative_strength": -20.629614, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.224091, "energy": 61.350578, "activity_lines": [ 192.434667, 194.783273, 197.531287, 199.384377 ] }, { "date": "2026-07-31", "close": 184.3, "volume": 2313297, "typical_volume": 2377108.25, "trend": 201.276668, "fair_value": 289.303905, "relative_strength": -22.668985, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.48721, "energy": 65.535225, "activity_lines": [ 189.48, 192.612364, 195.992239, 198.209915 ] }, { "date": "2026-08-07", "close": 182.9, "volume": 3359762, "typical_volume": 2320122.4, "trend": 200.230001, "fair_value": 288.143328, "relative_strength": -22.67506, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.455721, "energy": 77.049785, "activity_lines": [ 186.841333, 190.420182, 194.432239, 197.024323 ] } ], "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." } } }