{ "ticker": { "uuid": "4a03bd4b-5f1d-45ae-8637-1f93b4db8100", "symbol": "QUS", "name": "BetaShares S&P 500 Equal Weight ETF", "exchange": "ASX", "country": "AU", "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": "^AXJO", "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": 78.893, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 74.08, "architecture_energy": 63.269, "architecture_maturity": 38.752, "architecture_confidence": 83.743, "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": 13.06, "rotation_up": 64.71, "upward_expansion": 86.55, "deceleration": 65.01, "rotation_down": 21.76, "downward_expansion": 10.88 }, "activity_lines": [ 56.200666, 55.92883, 54.694007, 53.960719 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 56.599998, "trend_reference": 53.358409, "distance_from_trend": 0.060751, "trend_direction": "Improving", "fair_value": 48.886295, "distance_from_fair_value": 0.157789, "fair_value_direction": "Improving", "relative_strength": 0.932591, "relative_strength_direction": "Improving", "price_momentum": 0.071361, "excess_performance": 0.007655, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.060751, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.013592, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.157789, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.079523, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.009326, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.028628, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.071361, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.887818, "read": "Demand-led" } ], "volume": { "latest": 358553, "relative_activity": 1.291943, "balance": 1.887818, "dry_up": 1.343139, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.019832, "annualized_volatility": 0.099291, "from_high_reference": -0.012389, "from_low_reference": 0.131321 }, "levels": { "trend_reference": 53.358409, "fair_value_reference": 48.886295, "structural_low": 50.029999, 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52.732761, 52.327291, 52.115049, 52.358218 ] }, { "date": "2026-06-12", "close": 54.157185, "volume": 25562, "typical_volume": 272873.25, "trend": 52.69914, "fair_value": 48.10237, "relative_strength": 2.454193, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.171204, "energy": 51.082363, "activity_lines": [ 53.34123, 52.700817, 52.300219, 52.45467 ] }, { "date": "2026-06-19", "close": 54.314133, "volume": 34629, "typical_volume": 264807.1, "trend": 52.768826, "fair_value": 48.200658, "relative_strength": 2.368695, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.504029, "energy": 65.639551, "activity_lines": [ 53.816228, 53.054021, 52.499588, 52.558863 ] }, { "date": "2026-06-26", "close": 55.913052, "volume": 77859, "typical_volume": 247122.65, "trend": 52.838145, "fair_value": 48.301176, "relative_strength": 6.016489, "stage": 3, "regime": "rotation_up", "modifier": "Value 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48.607094, "relative_strength": 5.810046, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.402282, "energy": 89.90446, "activity_lines": [ 56.000015, 55.159174, 53.843231, 53.38916 ] }, { "date": "2026-07-24", "close": 55.549999, "volume": 300188, "typical_volume": 255969.5, "trend": 53.172076, "fair_value": 48.696824, "relative_strength": 4.761138, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.32138, "energy": 81.706705, "activity_lines": [ 55.934869, 55.383303, 54.088648, 53.547847 ] }, { "date": "2026-07-31", "close": 56.25, "volume": 352890, "typical_volume": 266041.05, "trend": 53.27841, "fair_value": 48.790739, "relative_strength": 3.594801, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.761539, "energy": 65.656424, "activity_lines": [ 56.020666, 55.661209, 54.387685, 53.746423 ] }, { "date": "2026-08-07", "close": 56.599998, "volume": 358553, "typical_volume": 277530.0, "trend": 53.358409, "fair_value": 48.886295, "relative_strength": 0.932591, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.080387, "energy": 63.268907, "activity_lines": [ 56.200666, 55.92883, 54.694007, 53.960719 ] } ], "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." } } }