{ "ticker": { "uuid": "1fd97bde-8354-4777-9772-5da86c60ed19", "symbol": "SILG", "name": "Global X Silver Miners 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": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 69.086, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -50.498, "architecture_energy": 37.358, "architecture_maturity": 30.188, "architecture_confidence": 84.462, "architecture_tenure": "Developing", "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": 24.21, "rotation_up": 25.31, "upward_expansion": 7.28, "deceleration": 54.44, "rotation_down": 46.62, "downward_expansion": 75.95 }, "activity_lines": [ 28.031333, 28.085636, 29.422071, 30.614237 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 31.049999, "trend_reference": 32.325167, "distance_from_trend": -0.039448, "trend_direction": "Improving", "fair_value": 17.74458, "distance_from_fair_value": 0.74983, "fair_value_direction": "Weakening", "relative_strength": -1.556756, "relative_strength_direction": "Weakening", "price_momentum": -0.090776, "excess_performance": -0.142011, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.039448, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.0061, "read": "Rising" 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"stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.447989, "energy": 67.478696, "activity_lines": [ 28.542333, 29.383727, 30.824619, 31.903957 ] }, { "date": "2026-07-17", "close": 25.43, "volume": 353771, "typical_volume": 841873.55, "trend": 32.574333, "fair_value": 17.385526, "relative_strength": -15.952838, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.463442, "energy": 75.011669, "activity_lines": [ 27.428, 28.494909, 30.184143, 31.432882 ] }, { "date": "2026-07-24", "close": 27.540001, "volume": 396662, "typical_volume": 774459.5, "trend": 32.459, "fair_value": 17.499913, "relative_strength": -10.542738, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.576345, "energy": 62.004001, "activity_lines": [ 27.252667, 28.138, 29.822333, 31.108086 ] }, { "date": "2026-07-31", "close": 26.120001, "volume": 317995, "typical_volume": 709448.8, "trend": 32.365667, "fair_value": 17.6065, "relative_strength": -16.500109, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.995626, "energy": 67.221851, "activity_lines": [ 26.733667, 27.617, 29.368262, 30.699118 ] }, { "date": "2026-08-07", "close": 31.049999, "volume": 826097, "typical_volume": 657560.45, "trend": 32.325167, "fair_value": 17.74458, "relative_strength": -1.556756, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.497982, "energy": 37.358193, "activity_lines": [ 28.031333, 28.085636, 29.422071, 30.614237 ] } ], "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." } } }