{ "ticker": { "uuid": "ef2795e9-7b75-4255-8f6d-d58e27cbf6df", "symbol": "IBI-F181", "name": "Psagot Mutual Funds Ltd. - ETF Stock Market", "exchange": "TLV", "country": "IL", "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": "TA35.TA", "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": -65.708, "architecture_energy": 67.391, "architecture_maturity": 95.0, "architecture_confidence": 87.55, "architecture_tenure": "Developing", "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": 11.21, "rotation_up": 29.94, "upward_expansion": 12.0, "deceleration": 61.0, "rotation_down": 53.34, "downward_expansion": 83.0 }, "activity_lines": [ 69.832667, 69.923273, 1769.769905, 2916.424903 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 70.64, "trend_reference": 4220.266333, "distance_from_trend": -0.983262, "trend_direction": "Weakening", "fair_value": 5519.56709, "distance_from_fair_value": -0.987202, "fair_value_direction": "Weakening", "relative_strength": -98.791269, "relative_strength_direction": "Weakening", "price_momentum": -0.98848, "excess_performance": -1.01738, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.983262, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.336655, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.987202, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -1.106507, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.987913, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.786644, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.98848, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.614804, "read": "Demand-led" } ], "volume": { "latest": 54774, "relative_activity": 0.609257, "balance": 1.614804, "dry_up": 1.278025, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 7.871014, "annualized_volatility": 6.350587, "from_high_reference": -0.989734, "from_low_reference": 0.055116 }, "levels": { "trend_reference": 4220.266333, "fair_value_reference": 5519.56709, "structural_low": 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"trend": 4643.272333, "fair_value": 5602.137652, "relative_strength": -98.900637, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.296834, "energy": 68.437837, "activity_lines": [ 69.81, 434.001818, 2457.832381, 3492.921505 ] }, { "date": "2026-07-31", "close": 69.18, "volume": 144584, "typical_volume": 91344.65, "trend": 4432.245, "fair_value": 5560.536466, "relative_strength": -98.844774, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.186385, "energy": 68.17385, "activity_lines": [ 69.572667, 191.176909, 2099.296333, 3197.818774 ] }, { "date": "2026-08-07", "close": 70.64, "volume": 54774, "typical_volume": 89902.95, "trend": 4220.266333, "fair_value": 5519.56709, "relative_strength": -98.791269, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.708105, "energy": 67.390797, "activity_lines": [ 69.832667, 69.923273, 1769.769905, 2916.424903 ] } ], "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." } } }