{ "ticker": { "uuid": "34d86365-9915-4f32-9688-cf4a94573dbd", "symbol": "RICI", "name": "Market Access Rogers International Commodity Index UCITS ETF", "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": 90.357, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Re-acceleration watch", "architecture_gate": "up", "architecture_direction": 38.437, "architecture_energy": 31.119, "architecture_maturity": 36.539, "architecture_confidence": 56.394, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 42.59, "rotation_up": 60.18, "upward_expansion": 67.19, "deceleration": 64.06, "rotation_down": 10.92, "downward_expansion": 10.53 }, "activity_lines": [ 31.340167, 30.800454, 31.064202, 30.755419 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 31.172501, "trend_reference": 29.795417, "distance_from_trend": 0.046218, "trend_direction": "Improving", "fair_value": 24.943148, "distance_from_fair_value": 0.249742, "fair_value_direction": "Weakening", "relative_strength": 5.732799, "relative_strength_direction": "Weakening", "price_momentum": 0.226298, "excess_performance": 0.175063, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.046218, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.078037, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.249742, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.069152, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.057328, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.138584, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.226298, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.584911, "read": "Supply-led" } ], "volume": { "latest": 1674, "relative_activity": 0.45228, "balance": 0.584911, "dry_up": 0.479095, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.046634, "annualized_volatility": 0.242333, "from_high_reference": -0.084239, "from_low_reference": 0.38176 }, "levels": { "trend_reference": 29.795417, "fair_value_reference": 24.943148, "structural_low": 25.0875, "invalidation": "A 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19.846511, "activity_lines": [ 29.946833, 30.369227, 30.909905, 30.30586 ] }, { "date": "2026-07-24", "close": 32.327499, "volume": 1203, "typical_volume": 4485.75, "trend": 29.325833, "fair_value": 24.847779, "relative_strength": 11.862678, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.771364, "energy": 20.010217, "activity_lines": [ 30.771999, 30.613727, 31.04069, 30.516806 ] }, { "date": "2026-07-31", "close": 31.43, "volume": 3961, "typical_volume": 4056.95, "trend": 29.578167, "fair_value": 24.896865, "relative_strength": 7.191332, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.374225, "energy": 24.884433, "activity_lines": [ 31.171666, 30.717, 31.066107, 30.652559 ] }, { "date": "2026-08-07", "close": 31.172501, "volume": 1674, "typical_volume": 3701.25, "trend": 29.795417, "fair_value": 24.943148, "relative_strength": 5.732799, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 38.437167, "energy": 31.118793, "activity_lines": [ 31.340167, 30.800454, 31.064202, 30.755419 ] } ], "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." } } }