{ "ticker": { "uuid": "2f4b0c7b-31c3-4178-8889-c6e61bc6da9d", "symbol": "TCH-F159", "name": "Meitav Tachlit Mutual Funds Ltd.- Tachlit SAL (4D) Index Big Tech 30 USA", "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": -53.788, "architecture_energy": 62.693, "architecture_maturity": 97.0, "architecture_confidence": 55.395, "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": 22.19, "rotation_up": 27.99, "upward_expansion": 22.5, "deceleration": 66.99, "rotation_down": 46.68, "downward_expansion": 67.83 }, "activity_lines": [ 76.452667, 75.814182, 1606.310381, 2905.095871 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 78.45, "trend_reference": 4431.418, "distance_from_trend": -0.982297, "trend_direction": "Weakening", "fair_value": 5830.343205, "distance_from_fair_value": -0.986545, "fair_value_direction": "Weakening", "relative_strength": -98.795388, "relative_strength_direction": "Weakening", "price_momentum": -0.988591, "excess_performance": -1.017491, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.982297, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.358104, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.986545, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -1.200249, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.987954, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.768001, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.988591, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 7.82866, "read": "Demand-led" } ], "volume": { "latest": 15914, "relative_activity": 0.426162, "balance": 7.82866, "dry_up": 0.425378, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 7.595764, "annualized_volatility": 6.384492, "from_high_reference": -0.990027, "from_low_reference": 0.084163 }, "levels": { "trend_reference": 4431.418, "fair_value_reference": 5830.343205, 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67.968364, "activity_lines": [ 75.346667, 478.807818, 2686.815857, 3841.852108 ] }, { "date": "2026-07-24", "close": 75.08, "volume": 11305, "typical_volume": 38504.65, "trend": 4913.585667, "fair_value": 5884.266474, "relative_strength": -98.933148, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.855125, "energy": 67.726323, "activity_lines": [ 75.338667, 209.268, 2294.783048, 3513.671269 ] }, { "date": "2026-07-31", "close": 75.52, "volume": 15060, "typical_volume": 37963.85, "trend": 4673.303, "fair_value": 5857.340321, "relative_strength": -98.868967, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.377691, "energy": 63.781264, "activity_lines": [ 75.512667, 75.206727, 1934.477476, 3201.538 ] }, { "date": "2026-08-07", "close": 78.45, "volume": 15914, "typical_volume": 37342.65, "trend": 4431.418, "fair_value": 5830.343205, "relative_strength": -98.795388, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.787916, "energy": 62.692872, "activity_lines": [ 76.452667, 75.814182, 1606.310381, 2905.095871 ] } ], "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." } } }