{ "ticker": { "uuid": "7b3fadad-8b20-4b0f-ae8a-9bc5804b0df1", "symbol": "SALE", "name": "Leverage Shares -3x Short Apple (AAPL) ETP Securities", "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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Emerging rotation", "architecture_gate": "down", "architecture_direction": 5.72, "architecture_energy": 14.16, "architecture_maturity": 38.936, "architecture_confidence": 41.423, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 53.91, "rotation_up": 38.14, "upward_expansion": 28.75, "deceleration": 47.3, "rotation_down": 24.85, "downward_expansion": 55.42 }, "activity_lines": [ 23.206334, 21.173091, 21.015809, 23.280043 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 28.075001, "trend_reference": 26.4435, "distance_from_trend": 0.061698, "trend_direction": "Weakening", "fair_value": 122.13793, "distance_from_fair_value": -0.770137, "fair_value_direction": "Improving", "relative_strength": -18.547147, "relative_strength_direction": "Improving", "price_momentum": 0.047575, "excess_performance": -0.003661, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.061698, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.114368, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.770137, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.080577, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.185471, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.399087, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.047575, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.689819, "read": "Supply-led" } ], "volume": { "latest": 217, "relative_activity": 0.006575, "balance": 0.689819, "dry_up": 0.736794, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.142599, "annualized_volatility": 1.44389, "from_high_reference": -0.520904, "from_low_reference": 1.246 }, "levels": { "trend_reference": 26.4435, "fair_value_reference": 122.13793, "structural_low": 12.5, 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"activity_lines": [ 20.309999, 19.813636, 22.958571, 25.490753 ] }, { "date": "2026-07-10", "close": 16.35, "volume": 5287, "typical_volume": 29082.1, "trend": 27.798333, "fair_value": 127.828603, "relative_strength": -56.952528, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.413119, "energy": 55.857245, "activity_lines": [ 19.066666, 19.155454, 22.031666, 24.726559 ] }, { "date": "2026-07-17", "close": 13.349999, "volume": 6542, "typical_volume": 28988.5, "trend": 27.233333, "fair_value": 126.495911, "relative_strength": -63.847289, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.039699, "energy": 72.956242, "activity_lines": [ 16.893333, 18.078181, 20.892857, 23.794408 ] }, { "date": "2026-07-24", "close": 13.65, "volume": 69851, "typical_volume": 32184.75, "trend": 26.691667, "fair_value": 125.210013, "relative_strength": -62.169625, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.897937, "energy": 89.594645, "activity_lines": [ 15.333333, 17.198181, 19.856666, 22.918064 ] }, { "date": "2026-07-31", "close": 30.93, "volume": 20664, "typical_volume": 33207.0, "trend": 26.702667, "fair_value": 123.785526, "relative_strength": -12.13747, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -16.374354, "energy": 23.266758, "activity_lines": [ 19.976666, 19.564545, 20.560952, 23.191505 ] }, { "date": "2026-08-07", "close": 28.075001, "volume": 217, "typical_volume": 33005.85, "trend": 26.4435, "fair_value": 122.13793, "relative_strength": -18.547147, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 5.719952, "energy": 14.160447, "activity_lines": [ 23.206334, 21.173091, 21.015809, 23.280043 ] } ], "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." } } }