{ "ticker": { "uuid": "c9cc3e56-fb85-4734-9e58-b90c906954ec", "symbol": "IUKD", "name": "iShares UK Dividend UCITS ETF GBP (Dist)", "exchange": "EBS", "country": "CH", "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": "^SSMI", "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": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 89.234, "architecture_energy": 95.921, "architecture_maturity": 23.695, "architecture_confidence": 72.073, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 0.17, "rotation_up": 89.12, "upward_expansion": 99.99, "deceleration": 39.0, "rotation_down": 8.07, "downward_expansion": 21.99 }, "activity_lines": [ 11.2728, 11.037446, 10.74478, 10.60157 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 11.46, "trend_reference": 10.454444, "distance_from_trend": 0.096185, "trend_direction": "Improving", "fair_value": 8.389569, "distance_from_fair_value": 0.365982, "fair_value_direction": "Improving", "relative_strength": 3.968785, "relative_strength_direction": "Improving", "price_momentum": 0.106934, "excess_performance": 0.024051, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.096185, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.042479, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.365982, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.09986, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.039688, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.00268, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.106934, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.155125, "read": "Demand-led" } ], "volume": { "latest": 8466, "relative_activity": 0.510364, "balance": 2.155125, "dry_up": 0.668233, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.017662, "annualized_volatility": 0.136925, "from_high_reference": 0.0, "from_low_reference": 0.301101 }, "levels": { "trend_reference": 10.454444, "fair_value_reference": 8.389569, "structural_low": 9.624, "invalidation": "A sustained loss of 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10.564006, 10.472166 ] }, { "date": "2026-07-31", "close": 11.31, "volume": 15156, "typical_volume": 16258.35, "trend": 10.406122, "fair_value": 8.357035, "relative_strength": 4.105105, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.115748, "energy": 95.292445, "activity_lines": [ 11.131867, 10.904235, 10.650093, 10.533577 ] }, { "date": "2026-08-07", "close": 11.46, "volume": 8466, "typical_volume": 16588.15, "trend": 10.454444, "fair_value": 8.389569, "relative_strength": 3.968785, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.233621, "energy": 95.920924, "activity_lines": [ 11.2728, 11.037446, 10.74478, 10.60157 ] } ], "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." } } }