{ "ticker": { "uuid": "21abc9b8-4eee-4741-967a-67d4c233fcab", "symbol": "TCH-F129", "name": "Tachlit Index Sal Ltd. - Tachlit SAL (4A) NIKKEI 225 Currency-Hedged", "exchange": "TLV", "country": "IL", "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": "TA35.TA", "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": "Early contraction", "architecture_gate": "down", "architecture_direction": -68.345, "architecture_energy": 68.252, "architecture_maturity": 88.832, "architecture_confidence": 96, "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": 4.2, "rotation_up": 29.46, "upward_expansion": 12.0, "deceleration": 60.97, "rotation_down": 59.74, "downward_expansion": 87.67 }, "activity_lines": [ 668.533333, 1913.596364, 20132.408571, 30243.147957 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.833333 }, "latest_close": 676.4, "trend_reference": 41121.76, "distance_from_trend": -0.983551, "trend_direction": "Weakening", "fair_value": 39065.210256, "distance_from_fair_value": -0.982685, "fair_value_direction": "Weakening", "relative_strength": -98.629502, "relative_strength_direction": "Weakening", "price_momentum": -0.987628, "excess_performance": -1.028915, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.983551, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.263385, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.982685, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -1.514145, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.986295, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.962558, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.987628, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.24854, "read": "Supply-led" } ], "volume": { "latest": 2712, "relative_activity": 0.756095, "balance": 0.24854, "dry_up": 0.972232, "accumulation_observations": 1, "distribution_observations": 5 }, "risk": { "range_context": 9.25555, "annualized_volatility": 6.399945, "from_high_reference": -0.990126, "from_low_reference": 0.061852 }, "levels": { "trend_reference": 41121.76, "fair_value_reference": 39065.210256, 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contraction", "gate": "down", "direction": -70.028113, "energy": 88.174478, "activity_lines": [ 682.086667, 7777.365455, 27171.638571, 35791.210968 ] }, { "date": "2026-07-31", "close": 656.5, "volume": 4945, "typical_volume": 3798.55, "trend": 42815.213333, "fair_value": 39254.14359, "relative_strength": -98.692537, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.928831, "energy": 69.217857, "activity_lines": [ 669.966667, 4270.367273, 23518.02, 32961.781075 ] }, { "date": "2026-08-07", "close": 676.4, "volume": 2712, "typical_volume": 3586.85, "trend": 41121.76, "fair_value": 39065.210256, "relative_strength": -98.629502, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.344551, "energy": 68.251733, "activity_lines": [ 668.533333, 1913.596364, 20132.408571, 30243.147957 ] } ], "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." } } }