{ "ticker": { "uuid": "910d568a-5bc4-47cb-84e0-ed8718d34a84", "symbol": "MORE-S1", "name": "More Mutual Fund Management (2013) Limited - More Sal S&P 500 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": -52.782, "architecture_energy": 63.021, "architecture_maturity": 95.0, "architecture_confidence": 56.62, "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": 67.0, "rotation_down": 44.33, "downward_expansion": 65.5 }, "activity_lines": [ 114.833333, 113.563636, 2876.028571, 4844.206452 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 116.3, "trend_reference": 7106.133333, "distance_from_trend": -0.983634, "trend_direction": "Weakening", "fair_value": 9416.865385, "distance_from_fair_value": -0.98765, "fair_value_direction": "Weakening", "relative_strength": -98.823999, "relative_strength_direction": "Weakening", "price_momentum": -0.98911, "excess_performance": -1.018011, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.983634, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.337485, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.98765, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -1.075585, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.98824, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.743433, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.98911, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 3.166721, "read": "Demand-led" } ], "volume": { "latest": 1206586, "relative_activity": 3.098695, "balance": 3.166721, "dry_up": 1.56344, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 7.3739, "annualized_volatility": 6.340957, "from_high_reference": -0.989625, "from_low_reference": 0.073869 }, "levels": { "trend_reference": 7106.133333, "fair_value_reference": 9416.865385, "structural_low": 108.3, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 15, "median_return": 0.025544, "positive_rate": 0.666667, "directional_follow_through": 0.266667, "median_excess_return": -0.022735, "regime_survival": 0.733333, "best_return": 0.050796, "worst_return": -0.990009, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.02084, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": -0.029649, "regime_survival": 0.2, "best_return": 0.065061, "worst_return": -0.096402, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.095, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.032254, "regime_survival": 0.0, "best_return": 0.120809, "worst_return": -0.037613, "sufficient": false }, { 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[ 114.833333, 113.563636, 2876.028571, 4844.206452 ] } ], "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." } } }