{ "ticker": { "uuid": "47e55b74-44a3-4422-afa4-3142c12216cf", "symbol": "CLOU", "name": "GLOBAL X CLOUD COMPUTING ETF", "exchange": "NASDAQ", "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": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 85.803, "architecture_energy": 80.566, "architecture_maturity": 28.0, "architecture_confidence": 81.17, "architecture_tenure": "New", "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": 17.74, "rotation_up": 77.27, "upward_expansion": 92.89, "deceleration": 42.32, "rotation_down": 11.69, "downward_expansion": 17.23 }, "activity_lines": [ 25.219, 24.263636, 23.367, 22.465957 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 27.28, "trend_reference": 21.5085, "distance_from_trend": 0.268336, "trend_direction": "Improving", "fair_value": 21.688494, "distance_from_fair_value": 0.25781, "fair_value_direction": "Improving", "relative_strength": 7.760738, "relative_strength_direction": "Improving", "price_momentum": 0.414204, "excess_performance": 0.226751, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.268336, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.013835, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.25781, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.183301, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.077607, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.212454, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.414204, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.746105, "read": "Demand-led" } ], "volume": { "latest": 2396909, "relative_activity": 1.700101, "balance": 1.746105, "dry_up": 1.165672, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.067437, "annualized_volatility": 0.3866, "from_high_reference": -0.010877, "from_low_reference": 0.557078 }, "levels": { "trend_reference": 21.5085, "fair_value_reference": 21.688494, "structural_low": 17.52, "invalidation": "A 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-7.439713, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.376583, "energy": 31.038994, "activity_lines": [ 22.951667, 22.990545, 22.09381, 21.524022 ] }, { "date": "2026-07-17", "close": 24.14, "volume": 1299628, "typical_volume": 1338080.75, "trend": 21.2445, "fair_value": 21.595096, "relative_strength": -1.471345, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.004926, "energy": 48.516101, "activity_lines": [ 23.427333, 23.203182, 22.371976, 21.71343 ] }, { "date": "2026-07-24", "close": 23.07, "volume": 1489424, "typical_volume": 1354250.55, "trend": 21.2495, "fair_value": 21.609519, "relative_strength": -3.885863, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.712842, "energy": 47.222561, "activity_lines": [ 23.450333, 23.199636, 22.522619, 21.831204 ] }, { "date": "2026-07-31", "close": 25.16, "volume": 1387788, "typical_volume": 1361434.25, "trend": 21.351833, "fair_value": 21.641122, "relative_strength": 4.428999, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.993016, "energy": 63.453783, "activity_lines": [ 24.082, 23.559727, 22.856976, 22.083495 ] }, { "date": "2026-08-07", "close": 27.28, "volume": 2396909, "typical_volume": 1409863.1, "trend": 21.5085, "fair_value": 21.688494, "relative_strength": 7.760738, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.803079, "energy": 80.565912, "activity_lines": [ 25.219, 24.263636, 23.367, 22.465957 ] } ], "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." } } }