{ "ticker": { "uuid": "2a4a7c80-10d9-4ed5-8caf-524bf4700bef", "symbol": "MTF-F115", "name": "Migdal Mutual Funds Ltd. - MTF Sal (0A) Tel-Gov IL", "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": "Established contraction", "architecture_gate": "down", "architecture_direction": -65.806, "architecture_energy": 67.629, "architecture_maturity": 95.0, "architecture_confidence": 92.542, "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": 11.21, "rotation_up": 29.98, "upward_expansion": 12.0, "deceleration": 61.0, "rotation_down": 53.49, "downward_expansion": 83.0 }, "activity_lines": [ 4.037607, 4.039996, 107.368032, 181.775878 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 4.0482, "trend_reference": 266.240322, "distance_from_trend": -0.984795, "trend_direction": "Weakening", "fair_value": 349.850062, "distance_from_fair_value": -0.988429, "fair_value_direction": "Weakening", "relative_strength": -98.875855, "relative_strength_direction": "Weakening", "price_momentum": -0.989818, "excess_performance": -1.018718, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.984795, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.328109, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.988429, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -1.060958, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.988759, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.762437, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.989818, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.618516, "read": "Supply-led" } ], "volume": { "latest": 1336628, "relative_activity": 1.180096, "balance": 0.618516, "dry_up": 0.664321, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 7.753197, "annualized_volatility": 6.377069, "from_high_reference": -0.989958, "from_low_reference": 0.007516 }, "levels": { "trend_reference": 266.240322, "fair_value_reference": 349.850062, 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-98.875855, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.80647, "energy": 67.629457, "activity_lines": [ 4.037607, 4.039996, 107.368032, 181.775878 ] } ], "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." } } }