{ "ticker": { "uuid": "be72005f-e850-4f14-a7a4-b69d0649ad87", "symbol": "SNSG", "name": "Global X Internet of Things UCITS ETF USD 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": 33.204, "architecture_energy": 27.485, "architecture_maturity": 71.13, "architecture_confidence": 95.062, "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": 50.68, "rotation_up": 24.72, "upward_expansion": 49.47, "deceleration": 85.16, "rotation_down": 33.09, "downward_expansion": 25.14 }, "activity_lines": [ 13.620867, 13.829745, 13.830319, 13.328174 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 14.238, "trend_reference": 12.6378, "distance_from_trend": 0.12662, "trend_direction": "Improving", "fair_value": 10.877179, "distance_from_fair_value": 0.308979, "fair_value_direction": "Improving", "relative_strength": 10.340069, "relative_strength_direction": "Weakening", "price_momentum": 0.300987, "excess_performance": 0.249752, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.12662, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.095446, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.308979, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.037936, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.103401, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.039833, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.300987, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.334838, "read": "Demand-led" } ], "volume": { "latest": 2468, "relative_activity": 1.106429, "balance": 2.334838, "dry_up": 1.610441, "accumulation_observations": 5, "distribution_observations": 3 }, "risk": { "range_context": 0.046498, "annualized_volatility": 0.250233, "from_high_reference": -0.062549, "from_low_reference": 0.409703 }, "levels": { "trend_reference": 12.6378, "fair_value_reference": 10.877179, "structural_low": 10.58, "invalidation": "A sustained 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"close": 14.072, "volume": 2631, "typical_volume": 1744.8, "trend": 12.284067, "fair_value": 10.792038, "relative_strength": 13.719109, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.361655, "energy": 51.5069, "activity_lines": [ 14.281933, 14.388273, 13.680557, 13.053695 ] }, { "date": "2026-07-17", "close": 13.14, "volume": 4561, "typical_volume": 1957.85, "trend": 12.361333, "fair_value": 10.809526, "relative_strength": 5.147287, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.462563, "energy": 31.637172, "activity_lines": [ 13.857, 14.176455, 13.699295, 13.108916 ] }, { "date": "2026-07-24", "close": 13.213, "volume": 1395, "typical_volume": 1919.55, "trend": 12.444933, "fair_value": 10.827423, "relative_strength": 4.321796, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.512454, "energy": 31.264462, "activity_lines": [ 13.5588, 13.982673, 13.717971, 13.163862 ] }, { "date": "2026-07-31", "close": 13.283, "volume": 5945, "typical_volume": 2128.85, "trend": 12.529233, "fair_value": 10.848375, "relative_strength": 3.491053, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.501169, "energy": 29.791912, "activity_lines": [ 13.4038, 13.808509, 13.7342, 13.217931 ] }, { "date": "2026-08-07", "close": 14.238, "volume": 2468, "typical_volume": 2230.6, "trend": 12.6378, "fair_value": 10.877179, "relative_strength": 10.340069, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.204209, "energy": 27.485027, "activity_lines": [ 13.620867, 13.829745, 13.830319, 13.328174 ] } ], "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." } } }