{ "ticker": { "uuid": "0c182d09-480b-40e0-be36-ea349024bb17", "symbol": "SPHQ", "name": "INVESCO EXCHANGE TRADED FD TR S&P 500 QUALITY 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": 88.952, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 36.105, "architecture_energy": 23.946, "architecture_maturity": 63.333, "architecture_confidence": 84.112, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 40.99, "rotation_up": 26.3, "upward_expansion": 58.59, "deceleration": 88.3, "rotation_down": 30.17, "downward_expansion": 19.93 }, "activity_lines": [ 85.374, 86.100515, 85.206616, 83.542958 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 85.97, "trend_reference": 81.553117, "distance_from_trend": 0.05416, "trend_direction": "Improving", "fair_value": 66.841125, "distance_from_fair_value": 0.286184, "fair_value_direction": "Weakening", "relative_strength": -1.718612, "relative_strength_direction": "Weakening", "price_momentum": 0.080549, "excess_performance": -0.045076, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.05416, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.050836, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.286184, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.004839, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.017186, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.003167, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.080549, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.915103, "read": "Demand-led" } ], "volume": { "latest": 6140385, "relative_activity": 0.792734, "balance": 1.915103, "dry_up": 0.959884, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.03293, "annualized_volatility": 0.141706, "from_high_reference": -0.048583, "from_low_reference": 0.215776 }, "levels": { "trend_reference": 81.553117, "fair_value_reference": 66.841125, "structural_low": 73.2124, "invalidation": "A 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"volume": 7968116, "typical_volume": 7877635.3, "trend": 81.256142, "fair_value": 66.607015, "relative_strength": 0.161233, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.713894, "energy": 24.706441, "activity_lines": [ 85.4, 86.165784, 84.912483, 83.238838 ] }, { "date": "2026-08-07", "close": 85.97, "volume": 6140385, "typical_volume": 7745837.3, "trend": 81.553117, "fair_value": 66.841125, "relative_strength": -1.718612, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.105247, "energy": 23.946056, "activity_lines": [ 85.374, 86.100515, 85.206616, 83.542958 ] } ], "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." } } }