{ "ticker": { "uuid": "9774b43d-8980-451f-baae-ff95ffc4537f", "symbol": "KSM-F233", "name": "KSM Mutual Funds Ltd. - KSM ETF (4D) S&P 500 TOP 50", "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": -54.114, "architecture_energy": 63.484, "architecture_maturity": 95.0, "architecture_confidence": 63.004, "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": 21.88, "rotation_up": 27.97, "upward_expansion": 22.5, "deceleration": 67.0, "rotation_down": 47.32, "downward_expansion": 67.83 }, "activity_lines": [ 53.732, 53.256182, 1399.992333, 2350.124065 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 54.71, "trend_reference": 3442.187667, "distance_from_trend": -0.984106, "trend_direction": "Weakening", "fair_value": 4628.515778, "distance_from_fair_value": -0.98818, "fair_value_direction": "Weakening", "relative_strength": -98.876203, "relative_strength_direction": "Weakening", "price_momentum": -0.989422, "excess_performance": -1.018322, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.984106, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.344607, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.98818, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -1.031098, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.988762, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.73596, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.989422, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.44524, "read": "Supply-led" } ], "volume": { "latest": 6924, "relative_activity": 0.299322, "balance": 0.44524, "dry_up": 0.52645, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 7.643392, "annualized_volatility": 6.355199, "from_high_reference": -0.990293, "from_low_reference": 0.058016 }, "levels": { "trend_reference": 3442.187667, "fair_value_reference": 4628.515778, 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"gate": "down", "direction": -67.332374, "energy": 88.563347, "activity_lines": [ 52.564, 996.779273, 2604.550762, 3340.108516 ] }, { "date": "2026-07-17", "close": 53.47, "volume": 10778, "typical_volume": 21975.95, "trend": 3980.451667, "fair_value": 4732.489015, "relative_strength": -98.981988, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.993559, "energy": 79.821841, "activity_lines": [ 52.927333, 619.045091, 2267.218952, 3075.282753 ] }, { "date": "2026-07-24", "close": 53.17, "volume": 18964, "typical_volume": 22670.0, "trend": 3799.857333, "fair_value": 4697.306165, "relative_strength": -98.988777, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.63198, "energy": 67.549006, "activity_lines": [ 53.082, 334.866, 1954.19919, 2821.909742 ] }, { "date": "2026-07-31", "close": 53.2, "volume": 12046, "typical_volume": 22950.25, "trend": 3620.730667, "fair_value": 4662.648657, "relative_strength": -98.933824, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.561465, "energy": 67.377422, "activity_lines": [ 53.200667, 146.307455, 1665.029095, 2580.189914 ] }, { "date": "2026-08-07", "close": 54.71, "volume": 6924, "typical_volume": 23132.3, "trend": 3442.187667, "fair_value": 4628.515778, "relative_strength": -98.876203, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.114267, "energy": 63.484133, "activity_lines": [ 53.732, 53.256182, 1399.992333, 2350.124065 ] } ], "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." } } }