{ "ticker": { "uuid": "00227308-51a6-4bba-a94e-2195e93d672b", "symbol": "SPEQ", "name": "Invesco S&P 500 Equal Weight Index ETF 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": "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": 87.527, "architecture_energy": 71.51, "architecture_maturity": 46.149, "architecture_confidence": 84.125, "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": 0.69, "rotation_up": 70.12, "upward_expansion": 90.0, "deceleration": 54.68, "rotation_down": 23.58, "downward_expansion": 12.0 }, "activity_lines": [ 73.891332, 73.420726, 72.136975, 70.947838 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 1.0 }, "latest_close": 75.129997, "trend_reference": 69.661, "distance_from_trend": 0.078509, "trend_direction": "Improving", "fair_value": 59.526394, "distance_from_fair_value": 0.262129, "fair_value_direction": "Improving", "relative_strength": 2.972074, "relative_strength_direction": "Improving", "price_momentum": 0.099356, "excess_performance": 0.048121, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.078509, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.040716, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.262129, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.05454, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.029721, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.014621, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.099356, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.266798, "read": "Demand-led" } ], "volume": { "latest": 144625, "relative_activity": 0.925538, "balance": 2.266798, "dry_up": 0.849851, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.017248, "annualized_volatility": 0.099271, "from_high_reference": -0.006611, "from_low_reference": 0.222023 }, "levels": { "trend_reference": 69.661, "fair_value_reference": 59.526394, "structural_low": 64.0, "invalidation": "A 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145805, "typical_volume": 209854.85, "trend": 68.605334, "fair_value": 58.924247, "relative_strength": 4.187046, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.789292, "energy": 86.00604, "activity_lines": [ 72.904, 72.169454, 70.604929, 69.72386 ] }, { "date": "2026-07-17", "close": 73.269997, "volume": 96669, "typical_volume": 175580.5, "trend": 68.869167, "fair_value": 59.069247, "relative_strength": 3.285375, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.1031, "energy": 86.346519, "activity_lines": [ 73.113333, 72.50309, 70.980595, 70.024806 ] }, { "date": "2026-07-24", "close": 73.25, "volume": 58027, "typical_volume": 159719.05, "trend": 69.124167, "fair_value": 59.213798, "relative_strength": 1.97488, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.819362, "energy": 79.025667, "activity_lines": [ 73.235333, 72.764545, 71.335547, 70.307441 ] }, { "date": "2026-07-31", "close": 73.309998, "volume": 231872, "typical_volume": 160123.3, "trend": 69.389667, "fair_value": 59.362612, "relative_strength": 0.813345, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.112159, "energy": 64.264618, "activity_lines": [ 73.277999, 72.955272, 71.667452, 70.577494 ] }, { "date": "2026-08-07", "close": 75.129997, "volume": 144625, "typical_volume": 156260.55, "trend": 69.661, "fair_value": 59.526394, "relative_strength": 2.972074, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.5268, "energy": 71.509903, "activity_lines": [ 73.891332, 73.420726, 72.136975, 70.947838 ] } ], "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." } } }