{ "ticker": { "uuid": "7ec80e83-4aed-4934-b23c-00689e1cb9d6", "symbol": "LG02", "name": "Legal & General UCITS ETF Plc - L&G Cyber Security UCITS ETF", "exchange": "VIE", "country": "AT", "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": "^ATX", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "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": 83.52, "architecture_energy": 70.298, "architecture_maturity": 85.746, "architecture_confidence": 79.979, "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": 10.13, "rotation_up": 60.1, "upward_expansion": 85.33, "deceleration": 68.5, "rotation_down": 27.46, "downward_expansion": 12.0 }, "activity_lines": [ 38.725332, 38.035727, 35.694262, 33.325204 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 40.494999, "trend_reference": 30.443167, "distance_from_trend": 0.330184, "trend_direction": "Improving", "fair_value": 25.451929, "distance_from_fair_value": 0.591038, "fair_value_direction": "Improving", "relative_strength": 14.455898, "relative_strength_direction": "Improving", "price_momentum": 0.689756, "excess_performance": 0.515509, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.330184, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.127546, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.591038, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.354503, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.144559, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.211221, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.689756, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.679832, "read": "Supply-led" } ], "volume": { "latest": 13, "relative_activity": 0.023884, "balance": 0.679832, "dry_up": 1.360922, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.051478, "annualized_volatility": 0.354715, "from_high_reference": -0.015798, "from_low_reference": 0.773763 }, "levels": { "trend_reference": 30.443167, "fair_value_reference": 25.451929, "structural_low": 22.83, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 22, "median_return": -0.002179, "positive_rate": 0.454545, "directional_follow_through": 0.454545, "median_excess_return": -0.00545, "regime_survival": 0.727273, "best_return": 0.102692, "worst_return": -0.100266, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.004381, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.076267, "regime_survival": 0.5, "best_return": 0.143093, "worst_return": -0.179473, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.062062, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.090119, "regime_survival": 0.2, "best_return": 0.137049, "worst_return": -0.170566, "sufficient": true }, { "horizon": "Full cycle", 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"relative_strength": 10.95546, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.72509, "energy": 74.615795, "activity_lines": [ 36.267333, 35.187818, 32.073167, 30.265774 ] }, { "date": "2026-07-10", "close": 39.34, "volume": 0, "typical_volume": 805.05, "trend": 28.81, "fair_value": 24.945769, "relative_strength": 14.228608, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.786007, "energy": 74.634026, "activity_lines": [ 37.404, 36.209182, 32.990024, 30.971258 ] }, { "date": "2026-07-17", "close": 38.935001, "volume": 0, "typical_volume": 511.7, "trend": 29.2235, "fair_value": 25.074865, "relative_strength": 15.156916, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.394767, "energy": 80.427712, "activity_lines": [ 38.202334, 36.937909, 33.800476, 31.624484 ] }, { "date": "2026-07-24", "close": 37.384998, "volume": 0, "typical_volume": 396.15, "trend": 29.587167, "fair_value": 25.193103, "relative_strength": 9.082121, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.773234, "energy": 67.33713, "activity_lines": [ 38.217, 37.215818, 34.390238, 32.151032 ] }, { "date": "2026-07-31", "close": 37.259998, "volume": 2950, "typical_volume": 543.65, "trend": 29.968167, "fair_value": 25.311615, "relative_strength": 8.733783, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.903709, "energy": 65.394971, "activity_lines": [ 37.999999, 37.361909, 34.913905, 32.646054 ] }, { "date": "2026-08-07", "close": 40.494999, "volume": 13, "typical_volume": 544.3, "trend": 30.443167, "fair_value": 25.451929, "relative_strength": 14.455898, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.520088, "energy": 70.297616, "activity_lines": [ 38.725332, 38.035727, 35.694262, 33.325204 ] } ], "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." } } }