{ "ticker": { "uuid": "070a4a8c-998c-4242-af49-8685a9e0d89c", "symbol": "HSUK", "name": "HSBC UK Screened Equity UCITS ETF", "exchange": "PAR", "country": "FR", "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": "^FCHI", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 99.072, "architecture_energy": 98.249, "architecture_maturity": 32.0, "architecture_confidence": 75.581, "architecture_tenure": "Developing", "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": 5.73, "rotation_up": 90.76, "upward_expansion": 99.85, "deceleration": 39.04, "rotation_down": 8.11, "downward_expansion": 21.85 }, "activity_lines": [ 26.309066, 25.25074, 24.266292, 23.833829 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 29.834999, "trend_reference": 23.468807, "distance_from_trend": 0.271262, "trend_direction": "Improving", "fair_value": 19.605994, "distance_from_fair_value": 0.521728, "fair_value_direction": "Improving", "relative_strength": 22.248545, "relative_strength_direction": "Improving", "price_momentum": 0.263456, "excess_performance": 0.210145, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.271262, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.030034, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.521728, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.322828, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.222485, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.201438, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.263456, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2778.0, "read": "Demand-led" } ], "volume": { "latest": 2701, "relative_activity": 19.438647, "balance": 2778.0, "dry_up": 4.998201, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.032599, "annualized_volatility": 0.303015, "from_high_reference": -0.001339, "from_low_reference": 0.428749 }, "levels": { "trend_reference": 23.468807, "fair_value_reference": 19.605994, "structural_low": 21.2633, "invalidation": "A 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"volume": 0, "typical_volume": 0.05, "trend": 22.957647, "fair_value": 19.258502, "relative_strength": 3.047914, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 67.007967, "energy": 64.817755, "activity_lines": [ 23.470213, 23.182549, 22.974419, 22.988803 ] }, { "date": "2026-07-03", "close": 24.2355, "volume": 0, "typical_volume": 0.05, "trend": 23.021107, "fair_value": 19.313292, "relative_strength": 2.884131, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.092222, "energy": 80.54558, "activity_lines": [ 23.777613, 23.407038, 23.096096, 23.071245 ] }, { "date": "2026-07-10", "close": 23.991301, "volume": 0, "typical_volume": 0.05, "trend": 23.078897, "fair_value": 19.363623, "relative_strength": 3.724226, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.842722, "energy": 77.901363, "activity_lines": [ 23.915247, 23.561349, 23.191384, 23.133838 ] }, { "date": "2026-07-17", "close": 24.3871, "volume": 1, "typical_volume": 0.1, "trend": 23.1329, "fair_value": 19.413563, "relative_strength": 5.233694, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.46162, "energy": 84.616458, "activity_lines": [ 24.114973, 23.764093, 23.325139, 23.218238 ] }, { "date": "2026-07-24", "close": 24.4433, "volume": 6, "typical_volume": 0.4, "trend": 23.19044, "fair_value": 19.463589, "relative_strength": 4.886321, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.261388, "energy": 83.703895, "activity_lines": [ 24.273413, 23.946844, 23.463332, 23.30278 ] }, { "date": "2026-07-31", "close": 24.8414, "volume": 70, "typical_volume": 3.9, "trend": 23.254707, "fair_value": 19.518787, "relative_strength": 4.749835, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.063123, "energy": 83.056091, "activity_lines": [ 24.49064, 24.161924, 23.633338, 23.409294 ] }, { "date": "2026-08-07", "close": 29.834999, "volume": 2701, "typical_volume": 138.95, "trend": 23.468807, "fair_value": 19.605994, "relative_strength": 22.248545, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 99.072198, "energy": 98.249087, "activity_lines": [ 26.309066, 25.25074, 24.266292, 23.833829 ] } ], "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." } } }