{
  "ticker": {
    "uuid": "c980158b-d70a-4b2b-9851-3f3c98309c4b",
    "symbol": "URNU",
    "name": "Global X Uranium 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": 4,
    "stage_name": "Declining",
    "phase": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 93.799,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -64.531,
    "architecture_energy": 62.615,
    "architecture_maturity": 17.764,
    "architecture_confidence": 89.86,
    "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": 12.0,
        "rotation_up": 16.27,
        "upward_expansion": 12.01,
        "deceleration": 43.44,
        "rotation_down": 67.57,
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      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
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    "latest_close": 27.2425,
    "trend_reference": 30.170583,
    "distance_from_trend": -0.097051,
    "trend_direction": "Weakening",
    "fair_value": 20.417054,
    "distance_from_fair_value": 0.334301,
    "fair_value_direction": "Weakening",
    "relative_strength": -13.311591,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.131436,
    "excess_performance": -0.182672,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.097051,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.010655,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.334301,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.466104,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.133116,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.321907,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.131436,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.490788,
        "read": "Supply-led"
      }
    ],
    "volume": {
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      "balance": 0.490788,
      "dry_up": 0.916208,
      "accumulation_observations": 2,
      "distribution_observations": 3
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    "risk": {
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      "annualized_volatility": 0.441325,
      "from_high_reference": -0.294419,
      "from_low_reference": 0.325347
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    "levels": {
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      "fair_value_reference": 20.417054,
      "structural_low": 22.504999,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
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    "outcomes": [
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        "horizon": "Intermediate",
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        "activity_lines": [
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      },
      {
        "date": "2026-05-15",
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        "typical_volume": 270690.05,
        "trend": 30.545333,
        "fair_value": 19.212112,
        "relative_strength": 6.611062,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
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        "direction": 47.196367,
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        "activity_lines": [
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      },
      {
        "date": "2026-05-22",
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        "typical_volume": 284858.0,
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        "modifier": "Re-accelerating",
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        "activity_lines": [
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      },
      {
        "date": "2026-05-29",
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        "typical_volume": 291784.25,
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        "relative_strength": 3.583361,
        "stage": 2,
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        "modifier": "Re-accelerating",
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        "direction": 22.271767,
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      },
      {
        "date": "2026-06-05",
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        "typical_volume": 277608.05,
        "trend": 30.567167,
        "fair_value": 19.577279,
        "relative_strength": -4.800931,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
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        "energy": 25.376099,
        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
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        "typical_volume": 265067.1,
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        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
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        "energy": 42.891785,
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      },
      {
        "date": "2026-06-19",
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        "stage": 3,
        "regime": "rotation_down",
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      },
      {
        "date": "2026-06-26",
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        "typical_volume": 215226.55,
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        "fair_value": 19.89,
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        "stage": 3,
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        "gate": "mixed",
        "direction": -48.254633,
        "energy": 63.16607,
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      },
      {
        "date": "2026-07-03",
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        "volume": 15033,
        "typical_volume": 208447.1,
        "trend": 30.709083,
        "fair_value": 19.991564,
        "relative_strength": -13.626947,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
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        "energy": 72.946821,
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      },
      {
        "date": "2026-07-10",
        "close": 25.985001,
        "volume": 209982,
        "typical_volume": 206387.8,
        "trend": 30.677917,
        "fair_value": 20.084545,
        "relative_strength": -14.84877,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.618083,
        "energy": 74.245899,
        "activity_lines": [
          26.785,
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      },
      {
        "date": "2026-07-17",
        "close": 23.08,
        "volume": 200145,
        "typical_volume": 208416.05,
        "trend": 30.546583,
        "fair_value": 20.159346,
        "relative_strength": -24.86486,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -87.491877,
        "energy": 87.983814,
        "activity_lines": [
          25.423167,
          26.809091,
          28.917917,
          29.772893
        ]
      },
      {
        "date": "2026-07-24",
        "close": 24.445,
        "volume": 217916,
        "typical_volume": 207386.0,
        "trend": 30.453333,
        "fair_value": 20.242718,
        "relative_strength": -21.224055,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.758512,
        "energy": 83.202365,
        "activity_lines": [
          24.836,
          26.169591,
          28.401345,
          29.379242
        ]
      },
      {
        "date": "2026-07-31",
        "close": 23.469999,
        "volume": 164438,
        "typical_volume": 206716.35,
        "trend": 30.313167,
        "fair_value": 20.318622,
        "relative_strength": -25.144713,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.756848,
        "energy": 85.690819,
        "activity_lines": [
          24.209333,
          25.471091,
          27.820202,
          28.928704
        ]
      },
      {
        "date": "2026-08-07",
        "close": 27.2425,
        "volume": 176378,
        "typical_volume": 207070.1,
        "trend": 30.170583,
        "fair_value": 20.417054,
        "relative_strength": -13.311591,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.531452,
        "energy": 62.614604,
        "activity_lines": [
          25.038166,
          25.580318,
          27.631512,
          28.730597
        ]
      }
    ],
    "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."
    }
  }
}