{ "ticker": { "uuid": "1c5ce7cf-cb54-4c44-95a4-f4e8f66b48b6", "symbol": "UTIL", "name": "State Street SPDR MSCI Europe Utilities UCITS ETF", "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": 73.035, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 40.676, "architecture_energy": 25.554, "architecture_maturity": 97.36, "architecture_confidence": 65.818, "architecture_tenure": "Extended", "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": 46.86, "rotation_up": 44.22, "upward_expansion": 67.47, "deceleration": 59.44, "rotation_down": 19.3, "downward_expansion": 8.47 }, "activity_lines": [ 264.290004, 264.308638, 261.795476, 260.024462 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 262.350006, "trend_reference": 256.458333, "distance_from_trend": 0.022973, "trend_direction": "Improving", "fair_value": 192.966186, "distance_from_fair_value": 0.359565, "fair_value_direction": "Weakening", "relative_strength": 1.914174, "relative_strength_direction": "Weakening", "price_momentum": 0.062684, "excess_performance": 0.011448, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.022973, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.054787, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.359565, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.031829, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.019142, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.067701, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.062684, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.197362, "read": "Demand-led" } ], "volume": { "latest": 8151, "relative_activity": 0.250367, "balance": 2.197362, "dry_up": 0.835824, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.036072, "annualized_volatility": 0.213443, "from_high_reference": -0.035832, "from_low_reference": 0.357638 }, "levels": { "trend_reference": 256.458333, "fair_value_reference": 192.966186, "structural_low": 242.0, 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"volume": 82926, "typical_volume": 34030.05, "trend": 255.508333, "fair_value": 192.278109, "relative_strength": 1.902626, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.148099, "energy": 33.442713, "activity_lines": [ 265.630003, 264.279091, 261.530475, 259.583064 ] }, { "date": "2026-08-07", "close": 262.350006, "volume": 8151, "typical_volume": 32556.2, "trend": 256.458333, "fair_value": 192.966186, "relative_strength": 1.914174, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.676411, "energy": 25.553651, "activity_lines": [ 264.290004, 264.308638, 261.795476, 260.024462 ] } ], "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." } } }