{ "ticker": { "uuid": "4761e79c-d7ee-4edd-adf2-9c1167c93251", "symbol": "HDLV", "name": "Invesco S&P 500 High Dividend Low Volatility UCITS ETF", "exchange": "PAR", "country": "FR", "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": "^FCHI", "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": 86.343, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 64.049, "architecture_energy": 57.172, "architecture_maturity": 24.097, "architecture_confidence": 66.114, "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": 12.72, "rotation_up": 67.77, "upward_expansion": 82.13, "deceleration": 60.71, "rotation_down": 14.34, "downward_expansion": 8.8 }, "activity_lines": [ 34.327333, 34.085372, 33.305251, 32.954972 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 34.099998, "trend_reference": 32.551479, "distance_from_trend": 0.047571, "trend_direction": "Improving", "fair_value": 30.37644, "distance_from_fair_value": 0.12258, "fair_value_direction": "Improving", "relative_strength": 0.236362, "relative_strength_direction": "Improving", "price_momentum": 0.057553, "excess_performance": 0.004242, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.047571, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.03513, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.12258, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.067602, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.002364, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.004059, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.057553, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.451289, "read": "Supply-led" } ], "volume": { "latest": 20625, "relative_activity": 0.553189, "balance": 0.451289, "dry_up": 1.009794, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.024951, "annualized_volatility": 0.139558, "from_high_reference": -0.044266, "from_low_reference": 0.146665 }, "levels": { "trend_reference": 32.551479, "fair_value_reference": 30.37644, "structural_low": 30.831168, 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"energy": 91.925472, "activity_lines": [ 34.107334, 33.512456, 32.789587, 32.561885 ] }, { "date": "2026-07-24", "close": 34.805, "volume": 30287, "typical_volume": 39850.0, "trend": 32.316362, "fair_value": 30.273015, "relative_strength": 6.5396, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.038668, "energy": 89.078244, "activity_lines": [ 34.444667, 33.84129, 33.013354, 32.732706 ] }, { "date": "2026-07-31", "close": 34.105, "volume": 46082, "typical_volume": 40044.1, "trend": 32.443507, "fair_value": 30.325234, "relative_strength": 2.689565, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.022445, "energy": 66.364167, "activity_lines": [ 34.393333, 33.980319, 33.163124, 32.848102 ] }, { "date": "2026-08-07", "close": 34.099998, "volume": 20625, "typical_volume": 37283.85, "trend": 32.551479, "fair_value": 30.37644, "relative_strength": 0.236362, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.049146, "energy": 57.17203, "activity_lines": [ 34.327333, 34.085372, 33.305251, 32.954972 ] } ], "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." } } }