{ "ticker": { "uuid": "c1dd40f4-5318-4f10-899e-909fa5174571", "symbol": "IBI-F177", "name": "Psagot Mutual Funds Ltd. - I.B.I. SAL (4D) Index Global Value", "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": -54.137, "architecture_energy": 63.539, "architecture_maturity": 95.0, "architecture_confidence": 56.033, "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": 21.87, "rotation_up": 27.98, "upward_expansion": 22.5, "deceleration": 67.0, "rotation_down": 47.35, "downward_expansion": 67.83 }, "activity_lines": [ 24.808667, 24.270182, 622.656, 1057.547656 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 24.91, "trend_reference": 1541.286333, "distance_from_trend": -0.983838, "trend_direction": "Weakening", "fair_value": 1876.901218, "distance_from_fair_value": -0.986728, "fair_value_direction": "Weakening", "relative_strength": -98.757288, "relative_strength_direction": "Weakening", "price_momentum": -0.989075, "excess_performance": -1.017975, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.983838, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.311649, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.986728, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -1.154321, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.987573, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.791116, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.989075, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.349552, "read": "Demand-led" } ], "volume": { "latest": 27852, "relative_activity": 0.49598, "balance": 2.349552, "dry_up": 2.09512, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 7.280425, "annualized_volatility": 6.331846, "from_high_reference": -0.989586, "from_low_reference": 0.088724 }, "levels": { "trend_reference": 1541.286333, "fair_value_reference": 1876.901218, 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873.721048, 1266.882194 ] }, { "date": "2026-07-31", "close": 25.5, "volume": 428223, "typical_volume": 57933.95, "trend": 1612.289333, "fair_value": 1887.53641, "relative_strength": -98.753848, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.572481, "energy": 67.404254, "activity_lines": [ 24.55, 64.462545, 742.872571, 1159.959226 ] }, { "date": "2026-08-07", "close": 24.91, "volume": 27852, "typical_volume": 56155.5, "trend": 1541.286333, "fair_value": 1876.901218, "relative_strength": -98.757288, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.136776, "energy": 63.538738, "activity_lines": [ 24.808667, 24.270182, 622.656, 1057.547656 ] } ], "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." } } }