{ "ticker": { "uuid": "dac5598f-45b3-4c2c-9a63-8f31516460be", "symbol": "RENG", "name": "L&G Clean Energy 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": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 50.43, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -24.099, "architecture_energy": 42.694, "architecture_maturity": 3.211, "architecture_confidence": 60.452, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 38.27, "rotation_up": 14.26, "upward_expansion": 21.18, "deceleration": 55.81, "rotation_down": 66.43, "downward_expansion": 48.52 }, "activity_lines": [ 1233.346667, 1271.421818, 1316.124752, 1298.455471 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 1241.8, "trend_reference": 1260.879986, "distance_from_trend": -0.015132, "trend_direction": "Improving", "fair_value": 887.443907, "distance_from_fair_value": 0.3993, "fair_value_direction": "Weakening", "relative_strength": 1.122773, "relative_strength_direction": "Weakening", "price_momentum": 0.0969, "excess_performance": 0.045664, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.015132, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.083508, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.3993, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.219599, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.011228, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.282742, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.0969, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.451161, "read": "Demand-led" } ], "volume": { "latest": 57351, "relative_activity": 0.462942, "balance": 1.451161, "dry_up": 0.788689, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.063471, "annualized_volatility": 0.20894, "from_high_reference": -0.17576, "from_low_reference": 0.434778 }, "levels": { "trend_reference": 1260.879986, "fair_value_reference": 887.443907, "structural_low": 1101.970947, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 3, "median_return": 0.069136, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.012883, "regime_survival": 0.333333, "best_return": 0.075173, "worst_return": -0.012822, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.030631, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.014414, "regime_survival": 0.0, "best_return": 0.077137, "worst_return": -0.015875, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.011012, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.079959, "regime_survival": 0.0, "best_return": 0.013569, "worst_return": 0.008456, "sufficient": false }, { "horizon": "Full cycle", 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"Rotation Down", "color": "orange", "start": "2024-08-09", "end": "2024-09-06", "tenure": "Developing", "return": -0.012822, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-13", "end": "2024-09-27", "tenure": "New", "return": 0.031638, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-04", "end": "2024-11-08", "tenure": "Developing", "return": -0.067558, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-15", "end": "2025-01-24", "tenure": "Developing", "return": 0.017774, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-31", "end": "2025-03-07", "tenure": "Developing", "return": -0.058423, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-14", "end": "2025-05-16", "tenure": "Developing", 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] }, { "date": "2026-07-31", "close": 1198.8, "volume": 130083, "typical_volume": 125078.1, "trend": 1254.293318, "fair_value": 884.819227, "relative_strength": -1.806908, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -35.857039, "energy": 40.758656, "activity_lines": [ 1239.48, 1287.130909, 1323.063798, 1299.261491 ] }, { "date": "2026-08-07", "close": 1241.8, "volume": 57351, "typical_volume": 123883.75, "trend": 1260.879986, "fair_value": 887.443907, "relative_strength": 1.122773, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.098608, "energy": 42.693802, "activity_lines": [ 1233.346667, 1271.421818, 1316.124752, 1298.455471 ] } ], "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." } } }