{ "ticker": { "uuid": "0198bb30-c4df-4637-81b5-9001998fc15b", "symbol": "NZAC", "name": "SPDR MSCI ACWI CLIMATE PARIS ALIGNED ETF", "exchange": "NASDAQ", "country": "US", "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": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 72.934, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 78.434, "architecture_energy": 49.219, "architecture_maturity": 47.335, "architecture_confidence": 74.265, "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": 31.57, "rotation_up": 52.86, "upward_expansion": 79.68, "deceleration": 60.38, "rotation_down": 25.58, "downward_expansion": 6.35 }, "activity_lines": [ 46.108247, 45.871453, 45.552407, 44.788188 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 47.315, "trend_reference": 43.962667, "distance_from_trend": 0.076254, "trend_direction": "Improving", "fair_value": 36.538187, "distance_from_fair_value": 0.294947, "fair_value_direction": "Weakening", "relative_strength": -3.618566, "relative_strength_direction": "Improving", "price_momentum": 0.103337, "excess_performance": -0.084117, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.076254, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.026298, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.294947, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.007039, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.036186, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.038975, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.103337, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.459335, "read": "Demand-led" } ], "volume": { "latest": 20914, "relative_activity": 0.648605, "balance": 1.459335, "dry_up": 0.576515, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.023975, "annualized_volatility": 0.155888, "from_high_reference": -0.002425, "from_low_reference": 0.210971 }, "levels": { "trend_reference": 43.962667, "fair_value_reference": 36.538187, "structural_low": 39.071951, 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"modifier": "Re-accelerating", "gate": "up", "direction": 61.867192, "energy": 50.248134, "activity_lines": [ 45.58226, 45.356163, 44.039141, 43.586384 ] }, { "date": "2026-06-19", "close": 46.083, "volume": 24908, "typical_volume": 56660.95, "trend": 43.23861, "fair_value": 35.761436, "relative_strength": -9.148359, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.350273, "energy": 51.906169, "activity_lines": [ 45.751599, 45.563221, 44.30288, 43.780994 ] }, { "date": "2026-06-26", "close": 45.0409, "volume": 26087, "typical_volume": 54109.75, "trend": 43.328836, "fair_value": 35.868896, "relative_strength": -6.851661, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.47009, "energy": 36.506072, "activity_lines": [ 45.508156, 45.512955, 44.452958, 43.89727 ] }, { "date": "2026-07-03", "close": 45.674, "volume": 8859, "typical_volume": 53100.2, "trend": 43.434467, "fair_value": 35.982906, "relative_strength": -6.184737, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.597925, "energy": 37.948886, "activity_lines": [ 45.523613, 45.567646, 44.653059, 44.048571 ] }, { "date": "2026-07-10", "close": 46.1936, "volume": 10526, "typical_volume": 52311.95, "trend": 43.565988, "fair_value": 36.09453, "relative_strength": -6.636093, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.45948, "energy": 46.817735, "activity_lines": [ 45.76366, 45.694052, 44.887802, 44.22658 ] }, { "date": "2026-07-17", "close": 45.4122, "volume": 9029, "typical_volume": 40396.55, "trend": 43.664966, "fair_value": 36.200779, "relative_strength": -4.113316, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.841727, "energy": 39.382892, "activity_lines": [ 45.668147, 45.650447, 45.032862, 44.34569 ] }, { "date": "2026-07-24", "close": 45.0477, "volume": 21866, "typical_volume": 40464.05, "trend": 43.730433, "fair_value": 36.302868, "relative_strength": -3.222854, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.818059, "energy": 33.163287, "activity_lines": [ 45.457133, 45.544963, 45.131368, 44.434899 ] }, { "date": "2026-07-31", "close": 45.7219, "volume": 22549, "typical_volume": 36411.4, "trend": 43.830493, "fair_value": 36.414935, "relative_strength": -2.221553, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.365245, "energy": 32.698092, "activity_lines": [ 45.539873, 45.563044, 45.277695, 44.563381 ] }, { "date": "2026-08-07", "close": 47.315, "volume": 20914, "typical_volume": 32244.6, "trend": 43.962667, "fair_value": 36.538187, "relative_strength": -3.618566, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.433781, "energy": 49.218786, "activity_lines": [ 46.108247, 45.871453, 45.552407, 44.788188 ] } ], "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." } } }