{ "ticker": { "uuid": "255804fd-9c6e-43e0-a3d8-9e8d98a05f9f", "symbol": "ICLN", "name": "iShares Global Clean Energy ETF", "exchange": "MEX", "country": "MX", "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": "^MXX", "stage": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 52.62, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -32.335, "architecture_energy": 68.555, "architecture_maturity": 11.65, "architecture_confidence": 71.883, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 18.08, "rotation_up": 14.09, "upward_expansion": 30.87, "deceleration": 49.13, "rotation_down": 77.73, "downward_expansion": 62.87 }, "activity_lines": [ 312.860671, 324.574436, 341.474621, 340.582963 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 312.649994, "trend_reference": 336.410324, "distance_from_trend": -0.070629, "trend_direction": "Improving", "fair_value": 269.669138, "distance_from_fair_value": 0.159384, "fair_value_direction": "Weakening", "relative_strength": -3.569606, "relative_strength_direction": "Weakening", "price_momentum": -0.022969, "excess_performance": 0.031698, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.070629, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.030986, "read": "Rising" }, { "label": "Price 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354.619565, 346.674356 ] }, { "date": "2026-07-17", "close": 321.51001, "volume": 7197, "typical_volume": 5660.1, "trend": 335.947324, "fair_value": 269.319236, "relative_strength": -0.152854, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -38.90509, "energy": 43.288729, "activity_lines": [ 334.190004, 348.237312, 352.209901, 345.795648 ] }, { "date": "2026-07-24", "close": 310.200012, "volume": 426, "typical_volume": 5276.35, "trend": 336.387324, "fair_value": 269.384476, "relative_strength": -3.366627, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.126262, "energy": 61.396134, "activity_lines": [ 324.414008, 339.188362, 348.668284, 344.134531 ] }, { "date": "2026-07-31", "close": 305.01001, "volume": 3799, "typical_volume": 5134.2, "trend": 336.321991, "fair_value": 269.485717, "relative_strength": -5.803971, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.449802, "energy": 72.605753, "activity_lines": [ 316.158675, 330.446252, 344.650525, 342.110188 ] }, { "date": "2026-08-07", "close": 312.649994, "volume": 9086, "typical_volume": 5244.3, "trend": 336.410324, "fair_value": 269.669138, "relative_strength": -3.569606, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.335125, "energy": 68.554539, "activity_lines": [ 312.860671, 324.574436, 341.474621, 340.582963 ] } ], "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." } } }