{ "ticker": { "uuid": "bb8a61dc-9ab0-407d-b965-e38edfd7a898", "symbol": "WEBP", "name": "ETC Group Web 3.0 UCITS ETF", "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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 93.127, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -28.763, "architecture_energy": 18.83, "architecture_maturity": 22.81, "architecture_confidence": 55.865, "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": 52.73, "rotation_up": 21.54, "upward_expansion": 15.03, "deceleration": 60.25, "rotation_down": 37.44, "downward_expansion": 60.37 }, "activity_lines": [ 792.85, 789.289091, 809.708572, 814.402257 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 834.6, "trend_reference": 829.691666, "distance_from_trend": 0.005916, "trend_direction": "Weakening", "fair_value": 872.43045, "distance_from_fair_value": -0.043362, "fair_value_direction": "Weakening", "relative_strength": -17.406318, "relative_strength_direction": "Weakening", "price_momentum": -0.015512, "excess_performance": -0.066747, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.005916, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.074857, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.043362, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.030617, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.174063, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.001, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.015512, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.581289, "read": "Demand-led" } ], "volume": { "latest": 810, "relative_activity": 0.242087, "balance": 1.581289, "dry_up": 1.400744, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.074628, "annualized_volatility": 0.373985, "from_high_reference": -0.455311, "from_low_reference": 0.20764 }, "levels": { "trend_reference": 829.691666, "fair_value_reference": 872.43045, 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-55.892046, "energy": 55.754172, "activity_lines": [ 786.033333, 811.884546, 820.437381, 829.109677 ] }, { "date": "2026-07-17", "close": 770.4, "volume": 16, "typical_volume": 2759.9, "trend": 847.050001, "fair_value": 870.348399, "relative_strength": -23.483626, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.568825, "energy": 61.518599, "activity_lines": [ 779.78, 800.808182, 815.666905, 823.733225 ] }, { "date": "2026-07-24", "close": 785.7, "volume": 1178, "typical_volume": 2608.2, "trend": 840.968334, "fair_value": 870.834617, "relative_strength": -22.304701, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.381988, "energy": 37.113212, "activity_lines": [ 780.88, 793.945455, 812.657857, 819.775161 ] }, { "date": "2026-07-31", "close": 757.25, "volume": 16743, "typical_volume": 3417.7, "trend": 834.161667, "fair_value": 871.256092, "relative_strength": -25.395063, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.730123, "energy": 37.848568, "activity_lines": [ 774.383333, 783.261819, 807.340238, 814.373978 ] }, { "date": "2026-08-07", "close": 834.6, "volume": 810, "typical_volume": 3345.9, "trend": 829.691666, "fair_value": 872.43045, "relative_strength": -17.406318, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.762634, "energy": 18.829622, "activity_lines": [ 792.85, 789.289091, 809.708572, 814.402257 ] } ], "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." } } }