{ "ticker": { "uuid": "4a890323-4cd5-41b1-8404-733b0e3119c6", "symbol": "HRL-F224", "name": "Harel Mutual Funds Ltd. - ETF Stock Market Fund", "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": -53.895, "architecture_energy": 62.953, "architecture_maturity": 93.036, "architecture_confidence": 63.637, "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": 21.8, "rotation_up": 27.9, "upward_expansion": 22.5, "deceleration": 66.76, "rotation_down": 46.97, "downward_expansion": 67.83 }, "activity_lines": [ 63.34, 62.455455, 1609.90119, 2660.476237 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 67.16, "trend_reference": 3903.427333, "distance_from_trend": -0.982795, "trend_direction": "Weakening", "fair_value": 5952.800128, "distance_from_fair_value": -0.988718, "fair_value_direction": "Weakening", "relative_strength": -98.917426, "relative_strength_direction": "Weakening", "price_momentum": -0.987597, "excess_performance": -1.016498, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.982795, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.380156, "read": "Falling" 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"relative_strength": -99.125116, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.970097, "energy": 67.848395, "activity_lines": [ 61.157333, 404.897818, 2234.638476, 3201.423183 ] }, { "date": "2026-07-31", "close": 62.49, "volume": 93588, "typical_volume": 163736.1, "trend": 4138.455333, "fair_value": 5983.869615, "relative_strength": -99.020514, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.376441, "energy": 66.929267, "activity_lines": [ 61.66, 178.365636, 1908.52719, 2923.140452 ] }, { "date": "2026-08-07", "close": 67.16, "volume": 90755, "typical_volume": 165265.3, "trend": 3903.427333, "fair_value": 5952.800128, "relative_strength": -98.917426, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.894602, "energy": 62.952577, "activity_lines": [ 63.34, 62.455455, 1609.90119, 2660.476237 ] } ], "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." } } }