{ "ticker": { "uuid": "35633f5c-5c6f-46af-a66c-49738ea5b7e8", "symbol": "SPDG", "name": "STATE STREET SPDR PORTFOLIO S&P SECTOR NEUTRAL DIVIDEND 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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 78.198, "architecture_energy": 50.019, "architecture_maturity": 51.463, "architecture_confidence": 62.909, "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": 27.51, "rotation_up": 46.73, "upward_expansion": 78.25, "deceleration": 71.05, "rotation_down": 28.48, "downward_expansion": 7.25 }, "activity_lines": [ 46.44996, 46.334181, 45.880565, 45.16183 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 47.4942, "trend_reference": 44.341, "distance_from_trend": 0.071113, "trend_direction": "Improving", "fair_value": 36.613181, "distance_from_fair_value": 0.297189, "fair_value_direction": "Improving", "relative_strength": 0.057543, "relative_strength_direction": "Improving", "price_momentum": 0.06947, "excess_performance": -0.056155, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.071113, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.046436, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.297189, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.05585, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.000575, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.018833, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.06947, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.182346, "read": "Demand-led" } ], "volume": { "latest": 3461, "relative_activity": 0.863017, "balance": 3.182346, "dry_up": 1.127146, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.020397, "annualized_volatility": 0.118476, "from_high_reference": 0.0, "from_low_reference": 0.267387 }, "levels": { "trend_reference": 44.341, "fair_value_reference": 36.613181, "structural_low": 40.89601, "invalidation": "A sustained loss of Trend, 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45.9075, "volume": 7180, "typical_volume": 4119.35, "trend": 44.150727, "fair_value": 36.541122, "relative_strength": 0.161934, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.074654, "energy": 35.924024, "activity_lines": [ 45.981953, 46.097591, 45.617802, 44.946122 ] }, { "date": "2026-08-07", "close": 47.4942, "volume": 3461, "typical_volume": 4010.35, "trend": 44.341, "fair_value": 36.613181, "relative_strength": 0.057543, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 78.198184, "energy": 50.018645, "activity_lines": [ 46.44996, 46.334181, 45.880565, 45.16183 ] } ], "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." } } }