{ "ticker": { "uuid": "53a74ee1-62b6-47b6-b774-d1a00c5f0b8c", "symbol": "SPXD", "name": "Invesco S&P 500 UCITS ETF (Dist)", "exchange": "EBS", "country": "CH", "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": "^SSMI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 84.751, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 85.679, "architecture_energy": 64.604, "architecture_maturity": 57.848, "architecture_confidence": 71.014, "architecture_tenure": "Established", "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": 24.05, "rotation_up": 55.2, "upward_expansion": 81.32, "deceleration": 67.32, "rotation_down": 27.3, "downward_expansion": 10.32 }, "activity_lines": [ 70.051333, 69.631882, 68.960666, 67.58579 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 71.830002, "trend_reference": 66.012935, "distance_from_trend": 0.08812, "trend_direction": "Improving", "fair_value": 53.955147, "distance_from_fair_value": 0.331291, "fair_value_direction": "Improving", "relative_strength": 1.030402, "relative_strength_direction": "Weakening", "price_momentum": 0.140295, "excess_performance": 0.057411, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.08812, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.035453, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.331291, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.00282, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.010304, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.074223, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.140295, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.19339, "read": "Demand-led" } ], "volume": { "latest": 128866, "relative_activity": 2.012267, "balance": 1.19339, "dry_up": 2.158215, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.018142, "annualized_volatility": 0.133986, "from_high_reference": -0.0054, "from_low_reference": 0.229449 }, "levels": { "trend_reference": 66.012935, "fair_value_reference": 53.955147, "structural_low": 59.144205, 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"2026-07-10", "close": 69.989998, "volume": 75170, "typical_volume": 63352.6, "trend": 65.166915, "fair_value": 53.202185, "relative_strength": 0.508759, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.214732, "energy": 62.809903, "activity_lines": [ 69.246665, 69.218042, 67.703006, 66.472501 ] }, { "date": "2026-07-17", "close": 69.269997, "volume": 52302, "typical_volume": 64917.15, "trend": 65.382792, "fair_value": 53.385318, "relative_strength": -1.283782, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.710249, "energy": 58.318979, "activity_lines": [ 69.321998, 69.239846, 68.014089, 66.737216 ] }, { "date": "2026-07-24", "close": 68.989998, "volume": 308744, "typical_volume": 72647.35, "trend": 65.567798, "fair_value": 53.566502, "relative_strength": -1.540656, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.855718, "energy": 57.109478, "activity_lines": [ 69.256665, 69.193775, 68.270364, 66.969939 ] }, { "date": "2026-07-31", "close": 69.029999, "volume": 62938, "typical_volume": 60114.25, "trend": 65.746516, "fair_value": 53.75025, "relative_strength": -1.559326, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.529139, "energy": 50.771344, "activity_lines": [ 69.226665, 69.156517, 68.499238, 67.193307 ] }, { "date": "2026-08-07", "close": 71.830002, "volume": 128866, "typical_volume": 64040.2, "trend": 66.012935, "fair_value": 53.955147, "relative_strength": 1.030402, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.679387, "energy": 64.604044, "activity_lines": [ 70.051333, 69.631882, 68.960666, 67.58579 ] } ], "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." } } }