{ "ticker": { "uuid": "c2d8d417-e709-4cfa-abdf-68125e5804c7", "symbol": "TAIS", "name": "Leverage Shares 3x Short Taiwan ETC", "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": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -9.969, "architecture_energy": 32.31, "architecture_maturity": 100.0, "architecture_confidence": 46.722, "architecture_tenure": "Extended", "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": 45.79, "rotation_up": 46.42, "upward_expansion": 31.65, "deceleration": 47.33, "rotation_down": 21.73, "downward_expansion": 53.65 }, "activity_lines": [ 31.254666, 26.268091, 25.55069, 32.683537 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 28.129999, "trend_reference": 43.985166, "distance_from_trend": -0.360466, "trend_direction": "Weakening", "fair_value": 328.973731, "distance_from_fair_value": -0.914492, "fair_value_direction": "Improving", "relative_strength": -67.169748, "relative_strength_direction": "Improving", "price_momentum": -0.626676, "excess_performance": -0.677911, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.360466, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.398411, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.914492, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.023622, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.671697, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.13864, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.626676, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.689176, "read": "Demand-led" } ], "volume": { "latest": 39, "relative_activity": 0.001264, "balance": 1.689176, "dry_up": 0.061227, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.231275, "annualized_volatility": 1.61509, "from_high_reference": -0.832659, "from_low_reference": 1.009286 }, "levels": { "trend_reference": 43.985166, "fair_value_reference": 328.973731, 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"date": "2026-07-10", "close": 15.000001, "volume": 35021, "typical_volume": 30875.75, "trend": 53.275, "fair_value": 348.68684, "relative_strength": -84.056479, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.602461, "energy": 84.673904, "activity_lines": [ 15.22, 17.037273, 26.158095, 36.887312 ] }, { "date": "2026-07-17", "close": 36.43, "volume": 6571, "typical_volume": 31176.5, "trend": 50.632666, "fair_value": 343.877898, "relative_strength": -60.453876, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.512774, "energy": 53.11456, "activity_lines": [ 22.163334, 20.2, 26.103571, 35.800538 ] }, { "date": "2026-07-24", "close": 33.470001, "volume": 809, "typical_volume": 31216.95, "trend": 48.161667, "fair_value": 339.422578, "relative_strength": -62.964106, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.615797, "energy": 33.385312, "activity_lines": [ 26.864667, 22.605818, 25.866286, 34.693269 ] }, { "date": "2026-07-31", "close": 34.974998, "volume": 135, "typical_volume": 31195.9, "trend": 46.094166, "fair_value": 334.400783, "relative_strength": -60.40212, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.75187, "energy": 34.559161, "activity_lines": [ 30.803, 25.173091, 25.951048, 33.842516 ] }, { "date": "2026-08-07", "close": 28.129999, "volume": 39, "typical_volume": 30844.3, "trend": 43.985166, "fair_value": 328.973731, "relative_strength": -67.169748, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.969094, "energy": 32.310085, "activity_lines": [ 31.254666, 26.268091, 25.55069, 32.683537 ] } ], "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." } } }