{ "ticker": { "uuid": "03a1716e-b4a4-461b-808e-58362421b440", "symbol": "SMLV", "name": "STATE STREET SPDR US SMALL CAP LOW VOLATILITY INDEX ETF", "exchange": "NYSEARCA", "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": "SPY", "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": 74.321, "architecture_energy": 64.953, "architecture_maturity": 49.231, "architecture_confidence": 85.513, "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": 2.25, "rotation_up": 68.86, "upward_expansion": 89.07, "deceleration": 56.66, "rotation_down": 21.38, "downward_expansion": 11.07 }, "activity_lines": [ 159.691527, 158.30309, 154.062584, 150.502312 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 1.0 }, "latest_close": 160.9854, "trend_reference": 146.365717, "distance_from_trend": 0.099885, "trend_direction": "Improving", "fair_value": 120.705537, "distance_from_fair_value": 0.333704, "fair_value_direction": "Improving", "relative_strength": 3.475811, "relative_strength_direction": "Improving", "price_momentum": 0.12341, "excess_performance": -0.002215, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.099885, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.064188, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.333704, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.067341, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.034758, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.037893, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.12341, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.981517, "read": "Demand-led" } ], "volume": { "latest": 14381, "relative_activity": 0.620874, "balance": 2.981517, "dry_up": 0.638262, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.028138, "annualized_volatility": 0.137023, "from_high_reference": -0.016883, "from_low_reference": 0.34035 }, "levels": { "trend_reference": 146.365717, "fair_value_reference": 120.705537, "structural_low": 132.683654, 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"energy": 81.032525, "activity_lines": [ 158.491413, 156.237636, 151.757599, 148.534486 ] }, { "date": "2026-07-31", "close": 159.5273, "volume": 18406, "typical_volume": 22922.85, "trend": 145.489493, "fair_value": 120.314689, "relative_strength": 6.281046, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.983768, "energy": 65.314093, "activity_lines": [ 158.915107, 157.252449, 152.89943, 149.502576 ] }, { "date": "2026-08-07", "close": 160.9854, "volume": 14381, "typical_volume": 23162.5, "trend": 146.365717, "fair_value": 120.705537, "relative_strength": 3.475811, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.321048, "energy": 64.953102, "activity_lines": [ 159.691527, 158.30309, 154.062584, 150.502312 ] } ], "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." } } }