{ "ticker": { "uuid": "d05f923c-a558-43ce-b4d4-be6c3f478ab2", "symbol": "SEPQ", "name": "First Trust Vest Nasdaq-100 Moderate Buffer UCITS ETF September Class A 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": 79.918, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 58.116, "architecture_energy": 48.264, "architecture_maturity": 62.641, "architecture_confidence": 84.965, "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": 28.93, "rotation_up": 36.77, "upward_expansion": 62.02, "deceleration": 91.16, "rotation_down": 27.93, "downward_expansion": 25.69 }, "activity_lines": [ 1830.54, 1833.263649, 1821.192863, 1795.60323 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 1843.0, "trend_reference": 1762.77667, "distance_from_trend": 0.04551, "trend_direction": "Improving", "fair_value": 1666.894903, "distance_from_fair_value": 0.105649, "fair_value_direction": "Improving", "relative_strength": -1.88863, "relative_strength_direction": "Weakening", "price_momentum": 0.10043, "excess_performance": 0.049195, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.04551, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.024185, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.105649, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.019799, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.018886, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.0201, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.10043, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.0, "read": "Demand-led" } ], "volume": { "latest": 872, "relative_activity": 1.396876, "balance": 5.0, "dry_up": 0.368042, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.010426, "annualized_volatility": 0.078902, "from_high_reference": -0.008233, "from_low_reference": 0.12248 }, "levels": { "trend_reference": 1762.77667, "fair_value_reference": 1666.894903, "structural_low": 1661.099976, "invalidation": "A 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1841.660047, 1832.20184, 1795.901434, 1770.033339 ] }, { "date": "2026-07-10", "close": 1835.4, "volume": 0, "typical_volume": 750.6, "trend": 1746.693339, "fair_value": 1660.019155, "relative_strength": 0.921383, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.457782, "energy": 67.437799, "activity_lines": [ 1840.533367, 1834.954566, 1802.714767, 1776.035919 ] }, { "date": "2026-07-17", "close": 1821.5, "volume": 0, "typical_volume": 750.6, "trend": 1750.440006, "fair_value": 1661.718953, "relative_strength": -0.705816, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.697584, "energy": 62.970545, "activity_lines": [ 1834.50002, 1833.860019, 1807.525243, 1780.862155 ] }, { "date": "2026-07-24", "close": 1832.9, "volume": 47, "typical_volume": 726.6, "trend": 1754.743338, "fair_value": 1663.502089, "relative_strength": -1.239924, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.637619, "energy": 54.993119, "activity_lines": [ 1832.053347, 1834.132744, 1812.819529, 1786.182155 ] }, { "date": "2026-07-31", "close": 1816.5, "volume": 0, "typical_volume": 632.15, "trend": 1758.730003, "fair_value": 1665.079387, "relative_strength": -3.147766, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.212094, "energy": 45.664752, "activity_lines": [ 1825.83334, 1831.285469, 1816.001434, 1790.166456 ] }, { "date": "2026-08-07", "close": 1843.0, "volume": 872, "typical_volume": 624.25, "trend": 1762.77667, "fair_value": 1666.894903, "relative_strength": -1.88863, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.115567, "energy": 48.263931, "activity_lines": [ 1830.54, 1833.263649, 1821.192863, 1795.60323 ] } ], "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." } } }