{ "ticker": { "uuid": "16e24338-875b-431f-a37f-61a783ea5d9a", "symbol": "IMIE", "name": "State Street SPDR MSCI All Country World Investable Market 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": "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": 79.237, "architecture_energy": 59.719, "architecture_maturity": 90.123, "architecture_confidence": 71.641, "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": 22.67, "rotation_up": 49.63, "upward_expansion": 81.24, "deceleration": 71.43, "rotation_down": 29.33, "downward_expansion": 10.24 }, "activity_lines": [ 11.408333, 11.386382, 11.226033, 10.986032 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 11.609, "trend_reference": 10.70174, "distance_from_trend": 0.084777, "trend_direction": "Improving", "fair_value": 8.948423, "distance_from_fair_value": 0.297324, "fair_value_direction": "Improving", "relative_strength": 5.61237, "relative_strength_direction": "Weakening", "price_momentum": 0.140239, "excess_performance": 0.086927, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.084777, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.04789, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.297324, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.029313, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.056124, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.052649, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.140239, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.888264, "read": "Demand-led" } ], "volume": { "latest": 1436688, "relative_activity": 1.156656, "balance": 1.888264, "dry_up": 1.383804, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.019382, "annualized_volatility": 0.111638, "from_high_reference": -0.004886, "from_low_reference": 0.262561 }, "levels": { "trend_reference": 10.70174, "fair_value_reference": 8.948423, "structural_low": 9.652, "invalidation": 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"fair_value": 8.865587, "relative_strength": 8.162746, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.502713, "energy": 64.375831, "activity_lines": [ 11.379933, 11.330182, 11.061233, 10.833455 ] }, { "date": "2026-07-24", "close": 11.346, "volume": 1179012, "typical_volume": 1238255.4, "trend": 10.613273, "fair_value": 8.892215, "relative_strength": 7.892027, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.411185, "energy": 62.357644, "activity_lines": [ 11.367133, 11.344345, 11.116767, 10.883744 ] }, { "date": "2026-07-31", "close": 11.246, "volume": 2279428, "typical_volume": 1264115.2, "trend": 10.65626, "fair_value": 8.918964, "relative_strength": 5.01241, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.011957, "energy": 49.401924, "activity_lines": [ 11.3256, 11.333418, 11.156871, 10.924565 ] }, { "date": "2026-08-07", "close": 11.609, "volume": 1436688, "typical_volume": 1242104.95, "trend": 10.70174, "fair_value": 8.948423, "relative_strength": 5.61237, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.236665, "energy": 59.719439, "activity_lines": [ 11.408333, 11.386382, 11.226033, 10.986032 ] } ], "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." } } }