{ "ticker": { "uuid": "9d4de8c2-b706-454e-bd10-b9631444dbaf", "symbol": "WINC", "name": "iShares World Equity High Income Active UCITS ETF USD Inc", "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": 84.677, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 69.887, "architecture_energy": 41.063, "architecture_maturity": 20.823, "architecture_confidence": 68.157, "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": 32.54, "rotation_up": 51.17, "upward_expansion": 75.25, "deceleration": 62.78, "rotation_down": 21.22, "downward_expansion": 4.25 }, "activity_lines": [ 4.349239, 4.326133, 4.307297, 4.260085 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 4.441, "trend_reference": 4.198507, "distance_from_trend": 0.057757, "trend_direction": "Improving", "fair_value": 3.725141, "distance_from_fair_value": 0.19217, "fair_value_direction": "Improving", "relative_strength": -0.117869, "relative_strength_direction": "Weakening", "price_momentum": 0.089414, "excess_performance": 0.038178, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.057757, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.025669, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.19217, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.028377, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.001179, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.025748, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.089414, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.37463, "read": "Demand-led" } ], "volume": { "latest": 1884608, "relative_activity": 1.589596, "balance": 1.37463, "dry_up": 1.479403, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.02577, "annualized_volatility": 0.10255, "from_high_reference": -0.151746, "from_low_reference": 0.208867 }, "levels": { "trend_reference": 4.198507, "fair_value_reference": 3.725141, "structural_low": 3.915314, "invalidation": "A sustained loss 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4.299047, 4.313441, 4.265274, 4.218124 ] }, { "date": "2026-07-17", "close": 4.2595, "volume": 2409615, "typical_volume": 1035732.0, "trend": 4.164614, "fair_value": 3.709323, "relative_strength": -1.52151, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.534672, "energy": 21.183574, "activity_lines": [ 4.288207, 4.302957, 4.269883, 4.224779 ] }, { "date": "2026-07-24", "close": 4.319, "volume": 1353959, "typical_volume": 1070940.95, "trend": 4.175413, "fair_value": 3.714362, "relative_strength": -1.401521, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.337748, "energy": 23.479681, "activity_lines": [ 4.296091, 4.303164, 4.279748, 4.23474 ] }, { "date": "2026-07-31", "close": 4.3135, "volume": 1367674, "typical_volume": 1110749.05, "trend": 4.186235, "fair_value": 3.719273, "relative_strength": -2.696334, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.850031, "energy": 22.834935, "activity_lines": [ 4.302247, 4.302644, 4.288037, 4.243648 ] }, { "date": "2026-08-07", "close": 4.441, "volume": 1884608, "typical_volume": 1185589.0, "trend": 4.198507, "fair_value": 3.725141, "relative_strength": -0.117869, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.886526, "energy": 41.062847, "activity_lines": [ 4.349239, 4.326133, 4.307297, 4.260085 ] } ], "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." } } }