{ "ticker": { "uuid": "fa47c471-9523-46ae-a94f-420ef5278d2a", "symbol": "MTF-F104", "name": "Migdal Mutual Funds Ltd. - ETF Stock Market Fund", "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": "Early contraction", "architecture_gate": "down", "architecture_direction": -65.207, "architecture_energy": 66.183, "architecture_maturity": 80.091, "architecture_confidence": 92.556, "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": 11.04, "rotation_up": 29.41, "upward_expansion": 12.0, "deceleration": 60.1, "rotation_down": 52.93, "downward_expansion": 83.0 }, "activity_lines": [ 232.9, 239.481818, 6020.335714, 9188.063441 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 242.7, "trend_reference": 12777.363333, "distance_from_trend": -0.981005, "trend_direction": "Weakening", "fair_value": 12922.166026, "distance_from_fair_value": -0.981218, "fair_value_direction": "Weakening", "relative_strength": -98.599856, "relative_strength_direction": "Weakening", "price_momentum": -0.985906, "excess_performance": -1.014806, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.981005, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.335723, "read": "Falling" 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13012.064103, "relative_strength": -98.782393, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.153908, "energy": 67.927925, "activity_lines": [ 237.306667, 1600.485455, 8168.936667, 10930.509032 ] }, { "date": "2026-07-31", "close": 222.2, "volume": 41352, "typical_volume": 22909.2, "trend": 13422.273333, "fair_value": 12966.898718, "relative_strength": -98.745854, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.80215, "energy": 67.106378, "activity_lines": [ 231.046667, 702.230909, 7054.308095, 10038.358495 ] }, { "date": "2026-08-07", "close": 242.7, "volume": 14630, "typical_volume": 21723.05, "trend": 12777.363333, "fair_value": 12922.166026, "relative_strength": -98.599856, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.206659, "energy": 66.183319, "activity_lines": [ 232.9, 239.481818, 6020.335714, 9188.063441 ] } ], "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." } } }