{ "ticker": { "uuid": "e9c225f9-bdc5-4361-9c5f-fe3544e7b028", "symbol": "SHLD", "name": "iShares Digital Security UCITS ETF USD Dist", "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": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 85.544, "architecture_energy": 65.176, "architecture_maturity": 42.166, "architecture_confidence": 86.802, "architecture_tenure": "Established", "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": 14.09, "rotation_up": 67.41, "upward_expansion": 85.77, "deceleration": 52.87, "rotation_down": 21.0, "downward_expansion": 10.11 }, "activity_lines": [ 13.2258, 13.011634, 12.712982, 12.295218 ], "activity_state": "Wide", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 13.8, "trend_reference": 11.784357, "distance_from_trend": 0.171044, "trend_direction": "Improving", "fair_value": 9.924476, "distance_from_fair_value": 0.390502, "fair_value_direction": "Improving", "relative_strength": 10.601301, "relative_strength_direction": "Improving", "price_momentum": 0.317045, "excess_performance": 0.26581, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.171044, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.054272, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.390502, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.104943, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.106013, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.060275, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.317045, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.089012, "read": "Demand-led" } ], "volume": { "latest": 57074, "relative_activity": 0.714725, "balance": 2.089012, "dry_up": 1.038642, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.038783, "annualized_volatility": 0.203255, "from_high_reference": -0.01919, "from_low_reference": 0.351087 }, "levels": { "trend_reference": 11.784357, "fair_value_reference": 9.924476, "structural_low": 10.214, "invalidation": "A 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"upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.225461, "energy": 63.581761, "activity_lines": [ 12.8816, 12.773747, 12.381673, 11.995416 ] }, { "date": "2026-07-24", "close": 12.766, "volume": 80947, "typical_volume": 77843.95, "trend": 11.631523, "fair_value": 9.848984, "relative_strength": 4.152124, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.121289, "energy": 63.22104, "activity_lines": [ 12.894133, 12.785226, 12.462727, 12.071896 ] }, { "date": "2026-07-31", "close": 12.99, "volume": 96937, "typical_volume": 78186.45, "trend": 11.69699, "fair_value": 9.883733, "relative_strength": 4.616844, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.680119, "energy": 59.941633, "activity_lines": [ 12.948533, 12.826892, 12.555071, 12.15954 ] }, { "date": "2026-08-07", "close": 13.8, "volume": 57074, "typical_volume": 79854.5, "trend": 11.784357, "fair_value": 9.924476, "relative_strength": 10.601301, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.544055, "energy": 65.175829, "activity_lines": [ 13.2258, 13.011634, 12.712982, 12.295218 ] } ], "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." } } }