{ "ticker": { "uuid": "0f5e2e23-6fbd-4fcc-b504-12b7d78395e3", "symbol": "QYLP", "name": "Global X NASDAQ 100 Covered Call UCITS ETF Dis", "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": 52.629, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 25.789, "architecture_energy": 19.789, "architecture_maturity": 56.286, "architecture_confidence": 83.18, "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": 43.49, "rotation_up": 27.51, "upward_expansion": 52.75, "deceleration": 85.4, "rotation_down": 38.95, "downward_expansion": 25.42 }, "activity_lines": [ 12.299467, 12.401523, 12.390664, 12.295457 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 12.426, "trend_reference": 12.164053, "distance_from_trend": 0.021534, "trend_direction": "Improving", "fair_value": 10.930634, "distance_from_fair_value": 0.136805, "fair_value_direction": "Improving", "relative_strength": -3.079186, "relative_strength_direction": "Weakening", "price_momentum": 0.061947, "excess_performance": 0.010711, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.021534, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.019105, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.136805, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.000865, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.030792, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.037314, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.061947, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.546755, "read": "Demand-led" } ], "volume": { "latest": 187994, "relative_activity": 0.801938, "balance": 2.546755, "dry_up": 1.183575, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.037243, "annualized_volatility": 0.126502, "from_high_reference": -0.039573, "from_low_reference": 0.17941 }, "levels": { "trend_reference": 12.164053, "fair_value_reference": 10.930634, "structural_low": 11.228247, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 3, "median_return": 0.031935, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.025431, "regime_survival": 0.0, "best_return": 0.03303, "worst_return": -0.079114, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.022139, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.013756, "regime_survival": 0.333333, "best_return": 0.03354, "worst_return": -0.120136, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.018447, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.003703, "regime_survival": 0.0, "best_return": 0.127519, "worst_return": -0.090626, "sufficient": false }, { "horizon": "Full cycle", 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"Deceleration", "color": "amber", "start": "2025-02-28", "end": "2025-03-21", "tenure": "New", "return": -0.067938, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-28", "end": "2025-04-25", "tenure": "Developing", "return": -0.046972, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-02", "end": "2025-05-16", "tenure": "New", "return": 0.007387, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-05-23", "end": "2025-06-06", "tenure": "New", "return": 0.025494, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-13", "end": "2025-07-11", "tenure": "Developing", "return": 0.019963, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-09-19", "tenure": "Developing", "return": 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}, { "date": "2026-06-19", "close": 12.794333, "volume": 81058, "typical_volume": 244544.0, "trend": 12.028109, "fair_value": 10.79444, "relative_strength": 4.668351, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.826176, "energy": 64.685569, "activity_lines": [ 12.582113, 12.461989, 12.263486, 12.154729 ] }, { "date": "2026-06-26", "close": 12.546879, "volume": 57703, "typical_volume": 231567.55, "trend": 12.05299, "fair_value": 10.814695, "relative_strength": 1.215024, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.119218, "energy": 53.554942, "activity_lines": [ 12.583656, 12.500293, 12.304092, 12.188198 ] }, { "date": "2026-07-03", "close": 12.669616, "volume": 46359, "typical_volume": 223376.75, "trend": 12.083044, "fair_value": 10.836445, "relative_strength": 0.579381, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.17787, "energy": 62.158191, "activity_lines": [ 12.620785, 12.548514, 12.352359, 12.227981 ] }, { "date": "2026-07-10", "close": 12.708, "volume": 231913, "typical_volume": 227682.05, "trend": 12.114694, "fair_value": 10.85874, "relative_strength": 2.59844, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.018892, "energy": 62.04332, "activity_lines": [ 12.661823, 12.593719, 12.39967, 12.2683 ] }, { "date": "2026-07-17", "close": 12.04, "volume": 252763, "typical_volume": 231372.95, "trend": 12.121603, "fair_value": 10.875534, "relative_strength": -3.65577, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 26.109024, "energy": 17.884409, "activity_lines": [ 12.461929, 12.506313, 12.379419, 12.263482 ] }, { "date": "2026-07-24", "close": 12.354, "volume": 284033, "typical_volume": 227335.2, "trend": 12.139994, "fair_value": 10.894171, "relative_strength": -2.356439, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.978594, "energy": 17.124286, "activity_lines": [ 12.396007, 12.477532, 12.38879, 12.278475 ] }, { "date": "2026-07-31", "close": 12.128, "volume": 385046, "typical_volume": 236106.1, "trend": 12.150788, "fair_value": 10.91108, "relative_strength": -5.192162, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.287378, "energy": 15.326356, "activity_lines": [ 12.284108, 12.409355, 12.375592, 12.277701 ] }, { "date": "2026-08-07", "close": 12.426, "volume": 187994, "typical_volume": 234424.5, "trend": 12.164053, "fair_value": 10.930634, "relative_strength": -3.079186, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.788606, "energy": 19.788736, "activity_lines": [ 12.299467, 12.401523, 12.390664, 12.295457 ] } ], "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." } } }