{ "ticker": { "uuid": "aeaa7132-5b1e-4d58-852e-dffbc3830812", "symbol": "MORE-S3", "name": "More Mutual Fund Management (2013) Limited - More Sal Nasdaq 100 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": -65.716, "architecture_energy": 67.41, "architecture_maturity": 95.0, "architecture_confidence": 88.901, "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": 11.21, "rotation_up": 29.94, "upward_expansion": 12.0, "deceleration": 61.0, "rotation_down": 53.35, "downward_expansion": 83.0 }, "activity_lines": [ 133.2, 133.423636, 3375.177619, 5562.680215 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 134.7, "trend_reference": 8050.463333, "distance_from_trend": -0.983268, "trend_direction": "Weakening", "fair_value": 10301.28141, "distance_from_fair_value": -0.986924, "fair_value_direction": "Weakening", "relative_strength": -98.791925, "relative_strength_direction": "Weakening", "price_momentum": -0.988517, "excess_performance": -1.017417, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.983268, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.33661, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.986924, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -1.170319, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.987919, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.787034, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.988517, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.216318, "read": "Demand-led" } ], "volume": { "latest": 150511, "relative_activity": 1.759838, "balance": 1.216318, "dry_up": 1.289718, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 7.825367, "annualized_volatility": 6.350008, "from_high_reference": -0.989757, "from_low_reference": 0.055643 }, "levels": { "trend_reference": 8050.463333, "fair_value_reference": 10301.28141, "structural_low": 127.6, "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": 19, "median_return": 0.01506, "positive_rate": 0.631579, "directional_follow_through": 0.368421, "median_excess_return": -0.009357, "regime_survival": 0.789474, "best_return": 0.154714, "worst_return": -0.120707, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.063399, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.030573, "regime_survival": 0.333333, "best_return": 0.213672, "worst_return": -0.063151, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.159799, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.083932, "regime_survival": 0.0, "best_return": 0.161017, "worst_return": -0.014932, 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"volume": 51833, "typical_volume": 91882.55, "trend": 8858.576667, "fair_value": 10408.41859, "relative_strength": -98.898247, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.29319, "energy": 68.438487, "activity_lines": [ 133.253333, 827.614545, 4687.532381, 6662.526452 ] }, { "date": "2026-07-31", "close": 131.9, "volume": 74934, "typical_volume": 84860.35, "trend": 8455.64, "fair_value": 10354.962821, "relative_strength": -98.845519, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.191192, "energy": 68.181678, "activity_lines": [ 132.726667, 364.736364, 4003.678571, 6099.515054 ] }, { "date": "2026-08-07", "close": 134.7, "volume": 150511, "typical_volume": 85525.5, "trend": 8050.463333, "fair_value": 10301.28141, "relative_strength": -98.791925, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.715834, "energy": 67.409536, "activity_lines": [ 133.2, 133.423636, 3375.177619, 5562.680215 ] } ], "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." } } }