{ "ticker": { "uuid": "e2e359ea-9266-468d-86c8-46079ceb8640", "symbol": "TSL2", "name": "Leverage Shares 2x Tesla ETP Scs", "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": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -69.549, "architecture_energy": 88.576, "architecture_maturity": 60.0, "architecture_confidence": 86.449, "architecture_tenure": "Established", "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": 11.36, "rotation_up": 8.05, "upward_expansion": 21.99, "deceleration": 37.0, "rotation_down": 78.71, "downward_expansion": 95.33 }, "activity_lines": [ 91.97, 108.528182, 125.488333, 131.589892 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 90.0, "trend_reference": 142.358333, "distance_from_trend": -0.367793, "trend_direction": "Weakening", "fair_value": 140.209139, "distance_from_fair_value": -0.358102, "fair_value_direction": "Weakening", "relative_strength": -48.007511, "relative_strength_direction": "Weakening", "price_momentum": -0.440124, "excess_performance": -0.49136, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.367793, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.147512, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.358102, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.50384, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.480075, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.477983, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.440124, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.158132, "read": "Supply-led" } ], "volume": { "latest": 214, "relative_activity": 1.064677, "balance": 0.158132, "dry_up": 2.889303, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.188162, "annualized_volatility": 0.9763, "from_high_reference": -0.626556, "from_low_reference": 0.454134 }, "levels": { "trend_reference": 142.358333, "fair_value_reference": 140.209139, "structural_low": 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125, "typical_volume": 103.85, "trend": 154.7, "fair_value": 142.276479, "relative_strength": -28.200635, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.939171, "energy": 58.092257, "activity_lines": [ 132.716667, 138.272727, 141.429762, 144.815054 ] }, { "date": "2026-07-24", "close": 78.699997, "volume": 328, "typical_volume": 113.35, "trend": 149.59, "fair_value": 141.472024, "relative_strength": -54.366418, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.986445, "energy": 81.731962, "activity_lines": [ 114.349999, 126.272727, 135.494047, 139.911828 ] }, { "date": "2026-07-31", "close": 76.300003, "volume": 1656, "typical_volume": 192.35, "trend": 145.7, "fair_value": 140.709908, "relative_strength": -56.065391, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.247752, "energy": 92.345953, "activity_lines": [ 99.136667, 115.36, 129.671667, 135.183441 ] }, { "date": "2026-08-07", "close": 90.0, "volume": 214, "typical_volume": 201.0, "trend": 142.358333, "fair_value": 140.209139, "relative_strength": -48.007511, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.5492, "energy": 88.57641, "activity_lines": [ 91.97, 108.528182, 125.488333, 131.589892 ] } ], "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." } } }