{
  "ticker": {
    "uuid": "632ab306-2914-49e4-857f-dc3512ed9c7a",
    "symbol": "SRET",
    "name": "GLOBAL X SUPERDIVIDEND REIT 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": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 53.854,
    "architecture_energy": 35.6,
    "architecture_maturity": 32.059,
    "architecture_confidence": 68.98,
    "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": 29.19,
        "rotation_up": 53.08,
        "upward_expansion": 76.85,
        "deceleration": 57.06,
        "rotation_down": 19.22,
        "downward_expansion": 3.52
      },
      "activity_lines": [
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        22.229479
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      "activity_state": "Compressed",
      "activity_direction": "Stable",
      "rotation_direction": "Stable",
      "price_acceptance": 0.666667
    },
    "latest_close": 22.4484,
    "trend_reference": 22.064574,
    "distance_from_trend": 0.017396,
    "trend_direction": "Improving",
    "fair_value": 19.015871,
    "distance_from_fair_value": 0.180509,
    "fair_value_direction": "Weakening",
    "relative_strength": -8.555663,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.019522,
    "excess_performance": -0.167932,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.017396,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.023162,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.180509,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.038328,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.085557,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.006334,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.019522,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.94238,
        "read": "Supply-led"
      }
    ],
    "volume": {
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      "relative_activity": 0.733489,
      "balance": 0.94238,
      "dry_up": 0.789311,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.026089,
      "annualized_volatility": 0.139665,
      "from_high_reference": -0.036159,
      "from_low_reference": 0.135713
    },
    "levels": {
      "trend_reference": 22.064574,
      "fair_value_reference": 19.015871,
      "structural_low": 20.287541,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 19,
        "median_return": 0.00379,
        "positive_rate": 0.526316,
        "directional_follow_through": 0.526316,
        "median_excess_return": -0.023344,
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        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "sufficient": true
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        "horizon": "Extended",
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        "horizon": "Full cycle",
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 208068.5,
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        "fair_value": 18.950619,
        "relative_strength": -2.150945,
        "stage": 2,
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      },
      {
        "date": "2026-07-31",
        "close": 22.498598,
        "volume": 121203,
        "typical_volume": 200551.45,
        "trend": 22.033981,
        "fair_value": 18.983152,
        "relative_strength": -3.884508,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.501011,
        "energy": 50.356408,
        "activity_lines": [
          22.673059,
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      },
      {
        "date": "2026-08-07",
        "close": 22.4484,
        "volume": 142786,
        "typical_volume": 194666.9,
        "trend": 22.064574,
        "fair_value": 19.015871,
        "relative_strength": -8.555663,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.853996,
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      }
    ],
    "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."
    }
  }
}