{ "ticker": { "uuid": "d4a833f1-8fc8-4b5d-a89f-cd34855e4075", "symbol": "SCHI", "name": "Leverage Shares -3x Short China ETP Securities", "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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": -2.861, "architecture_energy": 23.38, "architecture_maturity": 63.404, "architecture_confidence": 73.798, "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": 53.04, "rotation_up": 14.78, "upward_expansion": 50.62, "deceleration": 90.88, "rotation_down": 46.76, "downward_expansion": 27.95 }, "activity_lines": [ 0.6913, 0.745191, 0.737305, 0.721609 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 0.626, "trend_reference": 0.6885, "distance_from_trend": -0.090777, "trend_direction": "Improving", "fair_value": 2.910179, "distance_from_fair_value": -0.784893, "fair_value_direction": "Improving", "relative_strength": -11.880184, "relative_strength_direction": "Improving", "price_momentum": 0.09921, "excess_performance": 0.047975, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.090777, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.088394, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.784893, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.028666, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.118802, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.06915, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.09921, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.56636, "read": "Supply-led" } ], "volume": { "latest": 93, "relative_activity": 0.027168, "balance": 0.56636, "dry_up": 1.147425, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.123986, "annualized_volatility": 0.547733, "from_high_reference": -0.320304, "from_low_reference": 0.323467 }, "levels": { "trend_reference": 0.6885, "fair_value_reference": 2.910179, "structural_low": 0.544, "invalidation": "A renewed 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82.939892, "activity_lines": [ 0.8439, 0.7896, 0.740798, 0.708631 ] }, { "date": "2026-07-10", "close": 0.771, "volume": 444, "typical_volume": 3350.15, "trend": 0.6733, "fair_value": 3.016697, "relative_strength": 9.441346, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.15837, "energy": 75.711172, "activity_lines": [ 0.829, 0.7943, 0.746269, 0.715259 ] }, { "date": "2026-07-17", "close": 0.778, "volume": 73, "typical_volume": 3336.45, "trend": 0.678733, "fair_value": 2.98658, "relative_strength": 9.92675, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.669436, "energy": 57.57713, "activity_lines": [ 0.814667, 0.797936, 0.751548, 0.722014 ] }, { "date": "2026-07-24", "close": 0.7535, "volume": 15497, "typical_volume": 3912.55, "trend": 0.683467, "fair_value": 2.964279, "relative_strength": 5.581576, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.795398, "energy": 29.201282, "activity_lines": [ 0.789167, 0.794173, 0.753807, 0.726838 ] }, { "date": "2026-07-31", "close": 0.663, "volume": 48, "typical_volume": 3746.75, "trend": 0.686583, "fair_value": 2.93998, "relative_strength": -7.230208, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.882111, "energy": 18.499295, "activity_lines": [ 0.7378, 0.772527, 0.747267, 0.725517 ] }, { "date": "2026-08-07", "close": 0.626, "volume": 93, "typical_volume": 3423.1, "trend": 0.6885, "fair_value": 2.910179, "relative_strength": -11.880184, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.860668, "energy": 23.379533, "activity_lines": [ 0.6913, 0.745191, 0.737305, 0.721609 ] } ], "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." } } }