{ "ticker": { "uuid": "172cf9bc-f6dd-4cf3-aa00-8490bb23d6b3", "symbol": "SPP1", "name": "State Street SPDR MSCI All Country World EUR Hdg UCITS ETF (Acc)", "exchange": "GER", "country": "DE", "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": "^GDAXI", "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": 79.913, "architecture_energy": 54.467, "architecture_maturity": 76.825, "architecture_confidence": 68.128, "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": 25.09, "rotation_up": 48.8, "upward_expansion": 79.27, "deceleration": 70.93, "rotation_down": 28.55, "downward_expansion": 8.27 }, "activity_lines": [ 26.616, 26.543, 26.276809, 25.796688 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 27.205, "trend_reference": 25.2535, "distance_from_trend": 0.077276, "trend_direction": "Improving", "fair_value": 20.79216, "distance_from_fair_value": 0.308426, "fair_value_direction": "Improving", "relative_strength": 3.122494, "relative_strength_direction": "Weakening", "price_momentum": 0.114274, "excess_performance": 0.049634, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.077276, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.038299, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.308426, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.009752, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.031225, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.074664, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.114274, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.226619, "read": "Demand-led" } ], "volume": { "latest": 141315, "relative_activity": 0.829459, "balance": 3.226619, "dry_up": 0.906841, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.019863, "annualized_volatility": 0.130221, "from_high_reference": -0.002566, "from_low_reference": 0.233787 }, "levels": { "trend_reference": 25.2535, "fair_value_reference": 20.79216, "structural_low": 22.715, "invalidation": "A 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"upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.258482, "energy": 67.190118, "activity_lines": [ 26.550333, 26.446182, 25.849714, 25.416505 ] }, { "date": "2026-07-17", "close": 26.280001, "volume": 163252, "typical_volume": 205601.85, "trend": 25.003667, "fair_value": 20.595763, "relative_strength": 6.330032, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.847654, "energy": 56.916473, "activity_lines": [ 26.477, 26.437182, 25.948714, 25.504258 ] }, { "date": "2026-07-24", "close": 26.32, "volume": 155857, "typical_volume": 196915.95, "trend": 25.083333, "fair_value": 20.65784, "relative_strength": 5.072569, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.365787, "energy": 48.773035, "activity_lines": [ 26.418667, 26.428182, 26.044024, 25.589183 ] }, { "date": "2026-07-31", "close": 26.254999, "volume": 157570, "typical_volume": 185773.05, "trend": 25.160333, "fair_value": 20.721295, "relative_strength": 2.43919, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.368389, "energy": 39.120721, "activity_lines": [ 26.36, 26.399636, 26.121429, 25.664774 ] }, { "date": "2026-08-07", "close": 27.205, "volume": 141315, "typical_volume": 170370.05, "trend": 25.2535, "fair_value": 20.79216, "relative_strength": 3.122494, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.913031, "energy": 54.467234, "activity_lines": [ 26.616, 26.543, 26.276809, 25.796688 ] } ], "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." } } }