{ "ticker": { "uuid": "9a7fe265-f239-4bb6-98b9-79ce34565d14", "symbol": "WDTE", "name": "Invesco Markets II plc - Invesco S&P World Information Technology ESG UCITS ETF Acc", "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": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 77.11, "architecture_energy": 44.968, "architecture_maturity": 59.529, "architecture_confidence": 73.388, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 34.68, "rotation_up": 40.1, "upward_expansion": 67.8, "deceleration": 76.66, "rotation_down": 27.5, "downward_expansion": 10.47 }, "activity_lines": [ 12.829467, 12.741964, 12.649267, 12.278637 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 13.646, "trend_reference": 11.848, "distance_from_trend": 0.151756, "trend_direction": "Improving", "fair_value": 9.540944, "distance_from_fair_value": 0.430257, "fair_value_direction": "Improving", "relative_strength": 8.872733, "relative_strength_direction": "Weakening", "price_momentum": 0.240207, "excess_performance": 0.188972, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.151756, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.042031, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.430257, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.03382, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.088727, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.000195, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.240207, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 11.157493, "read": "Demand-led" } ], "volume": { "latest": 167, "relative_activity": 0.04616, "balance": 11.157493, "dry_up": 0.259823, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.0369, "annualized_volatility": 0.240915, "from_high_reference": -0.001317, "from_low_reference": 0.363237 }, "levels": { "trend_reference": 11.848, "fair_value_reference": 9.540944, "structural_low": 10.01, "invalidation": "A sustained loss 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"positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.019376, "regime_survival": 0.0, "best_return": 0.184041, "worst_return": 0.184041, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-18", "end": "2025-01-10", "tenure": "Established", "return": -0.016279, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-03-07", "tenure": "Developing", "return": -0.077611, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-14", "end": "2025-03-28", "tenure": "New", "return": -0.025565, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-05-30", "tenure": "Developing", "return": 0.215337, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": 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"volume": 2353, "typical_volume": 4130.55, "trend": 11.709833, "fair_value": 9.417829, "relative_strength": 0.413525, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.729113, "energy": 29.307309, "activity_lines": [ 12.535933, 12.706218, 12.424905, 12.067923 ] }, { "date": "2026-07-24", "close": 12.39, "volume": 214, "typical_volume": 4124.55, "trend": 11.7405, "fair_value": 9.454627, "relative_strength": 0.507101, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.050573, "energy": 26.261165, "activity_lines": [ 12.453, 12.630582, 12.46569, 12.111804 ] }, { "date": "2026-07-31", "close": 12.455, "volume": 1026, "typical_volume": 3656.25, "trend": 11.7746, "fair_value": 9.493085, "relative_strength": -0.192689, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.520008, "energy": 21.514735, "activity_lines": [ 12.440667, 12.574545, 12.505133, 12.157901 ] }, { "date": "2026-08-07", "close": 13.646, "volume": 167, "typical_volume": 3617.85, "trend": 11.848, "fair_value": 9.540944, "relative_strength": 8.872733, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 77.110359, "energy": 44.967555, "activity_lines": [ 12.829467, 12.741964, 12.649267, 12.278637 ] } ], "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." } } }