{ "ticker": { "uuid": "6095da03-5d27-4415-aacf-13edf0f53aad", "symbol": "CLOU", "name": "Global X Cloud Computing ETF", "exchange": "MEX", "country": "MX", "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": "^MXX", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 75.588, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 71.151, "architecture_energy": 88.697, "architecture_maturity": 9.936, "architecture_confidence": 78.462, "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": 25.3, "rotation_up": 80.89, "upward_expansion": 97.64, "deceleration": 41.84, "rotation_down": 8.59, "downward_expansion": 21.97 }, "activity_lines": [ 416.2, 405.799273, 391.907285, 382.717913 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 418.0, "trend_reference": 380.277666, "distance_from_trend": 0.099197, "trend_direction": "Weakening", "fair_value": 410.723162, "distance_from_fair_value": 0.017717, "fair_value_direction": "Improving", "relative_strength": 1.47829, "relative_strength_direction": "Improving", "price_momentum": 0.007229, "excess_performance": 0.061896, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.099197, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.020271, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.017717, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.105014, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.014783, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.199725, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.007229, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.617647, "read": "Demand-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 3.617647, "dry_up": 2.769953, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.032466, "annualized_volatility": 0.476171, "from_high_reference": -0.075221, "from_low_reference": 0.269128 }, "levels": { "trend_reference": 380.277666, "fair_value_reference": 410.723162, "structural_low": 329.359985, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-21", "end": "2026-05-29", "tenure": "Extended", "return": -0.147727, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-05", "end": "2026-07-03", "tenure": "Developing", "return": -0.126356, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-10", "end": "2026-07-31", "tenure": "New", "return": 0.069054, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2024-05-17", "close": 20.49, "volume": 0, "typical_volume": null, 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"modifier": "Momentum cooling", "gate": "up", "direction": 73.613904, "energy": 82.954814, "activity_lines": [ 411.866667, 402.234909, 387.456476, 380.277763 ] }, { "date": "2026-08-07", "close": 418.0, "volume": 0, "typical_volume": 10.65, "trend": 380.277666, "fair_value": 410.723162, "relative_strength": 1.47829, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.150701, "energy": 88.697218, "activity_lines": [ 416.2, 405.799273, 391.907285, 382.717913 ] } ], "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." } } }