{ "ticker": { "uuid": "2da9cf0d-b05b-4f33-adf0-f89dff51de09", "symbol": "SHLG", "name": "iShares Digital Security UCITS ETF USD Dist", "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": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 84.391, "architecture_energy": 64.414, "architecture_maturity": 55.385, "architecture_confidence": 87.496, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 10.65, "rotation_up": 60.53, "upward_expansion": 83.52, "deceleration": 64.94, "rotation_down": 24.72, "downward_expansion": 10.18 }, "activity_lines": [ 9.842733, 9.719276, 9.489453, 9.173094 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 10.228, "trend_reference": 8.776511, "distance_from_trend": 0.165383, "trend_direction": "Improving", "fair_value": 7.610359, "distance_from_fair_value": 0.343958, "fair_value_direction": "Improving", "relative_strength": 9.924217, "relative_strength_direction": "Improving", "price_momentum": 0.328657, "excess_performance": 0.277421, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.165383, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.053095, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.343958, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.119115, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.099242, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.067904, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.328657, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.178432, "read": "Demand-led" } ], "volume": { "latest": 50173, "relative_activity": 0.317725, "balance": 3.178432, "dry_up": 0.480604, "accumulation_observations": 0, "distribution_observations": 0 }, "risk": { "range_context": 0.035065, "annualized_volatility": 0.187864, "from_high_reference": -0.019162, "from_low_reference": 0.352731 }, "levels": { "trend_reference": 8.776511, "fair_value_reference": 7.610359, "structural_low": 7.62, "invalidation": "A 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"regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.796453, "energy": 64.902927, "activity_lines": [ 9.647667, 9.575481, 9.312545, 9.01018 ] }, { "date": "2026-07-31", "close": 9.674, "volume": 117765, "typical_volume": 168203.15, "trend": 8.713578, "fair_value": 7.582377, "relative_strength": 4.469054, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.283381, "energy": 56.001351, "activity_lines": [ 9.664733, 9.598653, 9.378655, 9.075389 ] }, { "date": "2026-08-07", "close": 10.228, "volume": 50173, "typical_volume": 157913.2, "trend": 8.776511, "fair_value": 7.610359, "relative_strength": 9.924217, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.390739, "energy": 64.41407, "activity_lines": [ 9.842733, 9.719276, 9.489453, 9.173094 ] } ], "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." } } }