{ "ticker": { "uuid": "2531fe1f-23ac-4d69-ae13-ec743e005a76", "symbol": "SPLV", "name": "INVESCO EXCHANGE TRADED FD TR II S&P 500 LOW VOLATILITY 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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 49.852, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 57.374, "architecture_energy": 42.103, "architecture_maturity": 12.095, "architecture_confidence": 69.592, "architecture_tenure": "Developing", "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": 20.24, "rotation_up": 60.0, "upward_expansion": 78.53, "deceleration": 55.5, "rotation_down": 14.93, "downward_expansion": 5.19 }, "activity_lines": [ 76.406361, 76.013536, 74.970705, 74.624453 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 76.21, "trend_reference": 74.264887, "distance_from_trend": 0.026192, "trend_direction": "Improving", "fair_value": 67.814656, "distance_from_fair_value": 0.123798, "fair_value_direction": "Improving", "relative_strength": -7.104954, "relative_strength_direction": "Improving", "price_momentum": 0.025514, "excess_performance": -0.10011, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.026192, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.020255, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.123798, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.035093, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.07105, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.039721, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.025514, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.254158, "read": "Demand-led" } ], "volume": { "latest": 12760712, "relative_activity": 1.068032, "balance": 1.254158, "dry_up": 0.930593, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.028743, "annualized_volatility": 0.125253, "from_high_reference": -0.033113, "from_low_reference": 0.108717 }, "levels": { "trend_reference": 74.264887, "fair_value_reference": 67.814656, "structural_low": 70.996518, 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"activity_lines": [ 76.503679, 75.539702, 74.556788, 74.338368 ] }, { "date": "2026-07-31", "close": 76.23, "volume": 11796918, "typical_volume": 12194226.65, "trend": 74.09735, "fair_value": 67.703549, "relative_strength": -4.09715, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.858385, "energy": 53.470513, "activity_lines": [ 76.478703, 75.799155, 74.76909, 74.488153 ] }, { "date": "2026-08-07", "close": 76.21, "volume": 12760712, "typical_volume": 11947879.0, "trend": 74.264887, "fair_value": 67.814656, "relative_strength": -7.104954, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.374371, "energy": 42.103398, "activity_lines": [ 76.406361, 76.013536, 74.970705, 74.624453 ] } ], "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." } } }