{ "ticker": { "uuid": "43b12e64-d71e-4987-a22d-fa8eff3cc2ec", "symbol": "USCR", "name": "State Street SPDR Bloomberg U.S. Corporate Scored 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": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 77.29, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -58.008, "architecture_energy": 59.507, "architecture_maturity": 2.407, "architecture_confidence": 79.968, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 33.57, "rotation_up": 8.57, "upward_expansion": 11.71, "deceleration": 38.97, "rotation_down": 69.81, "downward_expansion": 85.04 }, "activity_lines": [ 30.207833, 30.3325, 30.389476, 30.396521 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 30.264999, "trend_reference": 30.419833, "distance_from_trend": -0.00509, "trend_direction": "Improving", "fair_value": 28.667179, "distance_from_fair_value": 0.055737, "fair_value_direction": "Weakening", "relative_strength": -8.041206, "relative_strength_direction": "Weakening", "price_momentum": -0.006809, "excess_performance": -0.058045, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.00509, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.001413, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.055737, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.021372, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.080412, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.037233, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.006809, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.696388, "read": "Supply-led" } ], "volume": { "latest": 29083, "relative_activity": 1.186378, "balance": 0.696388, "dry_up": 1.068487, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.007809, "annualized_volatility": 0.0514, "from_high_reference": -0.018485, "from_low_reference": 0.026907 }, "levels": { "trend_reference": 30.419833, "fair_value_reference": 28.667179, "structural_low": 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"regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.676397, "energy": 32.278038, "activity_lines": [ 30.538666, 30.514909, 30.460357, 30.453333 ] }, { "date": "2026-07-17", "close": 30.405001, "volume": 16897, "typical_volume": 32887.15, "trend": 30.439667, "fair_value": 28.592292, "relative_strength": -5.812678, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 27.865926, "energy": 14.918924, "activity_lines": [ 30.487667, 30.501, 30.458476, 30.45129 ] }, { "date": "2026-07-24", "close": 30.127501, "volume": 35831, "typical_volume": 34111.45, "trend": 30.43225, "fair_value": 28.615721, "relative_strength": -7.617427, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.317865, "energy": 24.19497, "activity_lines": [ 30.354834, 30.438546, 30.432214, 30.431151 ] }, { "date": "2026-07-31", "close": 30.055, "volume": 22961, "typical_volume": 25006.25, "trend": 30.4245, "fair_value": 28.640369, "relative_strength": -8.675867, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -72.142872, "energy": 56.662702, "activity_lines": [ 30.223667, 30.364318, 30.400845, 30.406812 ] }, { "date": "2026-08-07", "close": 30.264999, "volume": 29083, "typical_volume": 24514.1, "trend": 30.419833, "fair_value": 28.667179, "relative_strength": -8.041206, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.008373, "energy": 59.50689, "activity_lines": [ 30.207833, 30.3325, 30.389476, 30.396521 ] } ], "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." } } }