{ "ticker": { "uuid": "606a2b35-f209-42d0-bf92-a05055640207", "symbol": "SXLF", "name": "State Street SPDR S&P U.S. Financials Select Sector UCITS ETF", "exchange": "AMS", "country": "NL", "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": "^AEX", "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": 88.759, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 76.381, "architecture_energy": 84.3, "architecture_maturity": 16.096, "architecture_confidence": 70.425, "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": 8.51, "rotation_up": 82.68, "upward_expansion": 96.68, "deceleration": 41.67, "rotation_down": 11.01, "downward_expansion": 18.68 }, "activity_lines": [ 58.8236, 57.991745, 56.032948, 54.82105 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 59.157001, "trend_reference": 53.720534, "distance_from_trend": 0.101199, "trend_direction": "Improving", "fair_value": 48.961981, "distance_from_fair_value": 0.208223, "fair_value_direction": "Improving", "relative_strength": -2.026229, "relative_strength_direction": "Improving", "price_momentum": 0.096414, "excess_performance": -0.020249, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.101199, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.016299, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.208223, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.115342, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.020262, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.066813, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.096414, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.232638, "read": "Demand-led" } ], "volume": { "latest": 22421, "relative_activity": 1.408076, "balance": 5.232638, "dry_up": 1.165379, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.020346, "annualized_volatility": 0.133338, "from_high_reference": -0.016509, "from_low_reference": 0.197437 }, "levels": { "trend_reference": 53.720534, "fair_value_reference": 48.961981, "structural_low": 49.403, 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"rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 87.013645, "energy": 94.918616, "activity_lines": [ 56.845733, 55.508037, 53.961724, 53.42819 ] }, { "date": "2026-07-17", "close": 58.75, "volume": 16527, "typical_volume": 15835.55, "trend": 53.4049, "fair_value": 48.530103, "relative_strength": -1.499354, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.871888, "energy": 96.168184, "activity_lines": [ 57.6676, 56.293164, 54.521557, 53.780895 ] }, { "date": "2026-07-24", "close": 58.778999, "volume": 14888, "typical_volume": 15839.4, "trend": 53.5137, "fair_value": 48.672814, "relative_strength": -1.106574, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.715865, "energy": 93.364897, "activity_lines": [ 58.229199, 56.953909, 55.048843, 54.127611 ] }, { "date": "2026-07-31", "close": 58.743, "volume": 20390, "typical_volume": 15402.7, "trend": 53.638, "fair_value": 48.815712, "relative_strength": -1.801361, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.836672, "energy": 89.519099, "activity_lines": [ 58.547533, 57.487109, 55.540643, 54.464985 ] }, { "date": "2026-08-07", "close": 59.157001, "volume": 22421, "typical_volume": 15923.15, "trend": 53.720534, "fair_value": 48.961981, "relative_strength": -2.026229, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.381347, "energy": 84.299701, "activity_lines": [ 58.8236, 57.991745, 56.032948, 54.82105 ] } ], "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." } } }