{ "ticker": { "uuid": "8503b1b0-6162-404c-b648-f97d1b2a803c", "symbol": "IN-FF7", "name": "Source Markets plc - Source MSCI World UCITS ETF", "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": -52.772, "architecture_energy": 62.997, "architecture_maturity": 95.0, "architecture_confidence": 57.485, "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": 25.75, "rotation_up": 27.97, "upward_expansion": 22.5, "deceleration": 66.99, "rotation_down": 44.31, "downward_expansion": 65.5 }, "activity_lines": [ 471.893333, 466.332727, 11786.263333, 19960.800645 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 477.6, "trend_reference": 29358.39, "distance_from_trend": -0.983732, "trend_direction": "Weakening", "fair_value": 38483.344231, "distance_from_fair_value": -0.987589, "fair_value_direction": "Weakening", "relative_strength": -98.823, "relative_strength_direction": "Weakening", "price_momentum": -0.989202, "excess_performance": -1.018102, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.983732, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.334996, "read": "Falling" 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22013.891429, 28369.991828 ] }, { "date": "2026-07-17", "close": 468.0, "volume": 53394, "typical_volume": 34606.6, "trend": 33801.163333, "fair_value": 39127.851923, "relative_strength": -98.93075, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.990552, "energy": 85.134469, "activity_lines": [ 463.006667, 5169.841818, 19143.382381, 26124.772688 ] }, { "date": "2026-07-24", "close": 467.1, "volume": 36753, "typical_volume": 35705.15, "trend": 32316.733333, "fair_value": 38910.846154, "relative_strength": -98.933568, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.624998, "energy": 67.532043, "activity_lines": [ 465.253333, 2808.68, 16486.273333, 23974.187957 ] }, { "date": "2026-07-31", "close": 472.1, "volume": 58517, "typical_volume": 37875.1, "trend": 30840.47, "fair_value": 38698.039103, "relative_strength": -98.864658, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.209477, "energy": 66.865509, "activity_lines": [ 468.34, 1242.48, 14034.082857, 21919.695484 ] }, { "date": "2026-08-07", "close": 477.6, "volume": 52337, "typical_volume": 39689.7, "trend": 29358.39, "fair_value": 38483.344231, "relative_strength": -98.823, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.77237, "energy": 62.996666, "activity_lines": [ 471.893333, 466.332727, 11786.263333, 19960.800645 ] } ], "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." } } }