{ "ticker": { "uuid": "bc965ffd-1ae4-40d6-996d-b51bb72fed5e", "symbol": "WTEG", "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": 72.787, "architecture_energy": 38.835, "architecture_maturity": 63.115, "architecture_confidence": 91.461, "architecture_tenure": "New", "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": 38.56, "rotation_up": 36.04, "upward_expansion": 66.84, "deceleration": 96.9, "rotation_down": 28.11, "downward_expansion": 9.51 }, "activity_lines": [ 953.916667, 950.692727, 943.051191, 915.229461 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 1010.9, "trend_reference": 881.996665, "distance_from_trend": 0.146149, "trend_direction": "Improving", "fair_value": 732.818461, "distance_from_fair_value": 0.379469, "fair_value_direction": "Improving", "relative_strength": 7.428978, "relative_strength_direction": "Improving", "price_momentum": 0.250959, "excess_performance": 0.199724, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.146149, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.040444, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.379469, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.052805, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.07429, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.00961, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.250959, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.225712, "read": "Demand-led" } ], "volume": { "latest": 4085, "relative_activity": 0.550747, "balance": 1.225712, "dry_up": 0.670705, "accumulation_observations": 0, "distribution_observations": 0 }, "risk": { "range_context": 0.041682, "annualized_volatility": 0.240761, "from_high_reference": -0.127278, "from_low_reference": 0.344997 }, "levels": { "trend_reference": 881.996665, "fair_value_reference": 732.818461, "structural_low": 751.599976, 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"gate": "up", "direction": 35.581373, "energy": 25.649668, "activity_lines": [ 930.773333, 945.167273, 930.421905, 903.304945 ] }, { "date": "2026-07-31", "close": 924.85, "volume": 6489, "typical_volume": 7284.75, "trend": 876.749999, "fair_value": 729.458044, "relative_strength": -1.292842, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.261176, "energy": 22.344565, "activity_lines": [ 927.263333, 939.831818, 932.931191, 906.574623 ] }, { "date": "2026-08-07", "close": 1010.9, "volume": 4085, "typical_volume": 7417.2, "trend": 881.996665, "fair_value": 732.818461, "relative_strength": 7.428978, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.787225, "energy": 38.834668, "activity_lines": [ 953.916667, 950.692727, 943.051191, 915.229461 ] } ], "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." } } }