{ "ticker": { "uuid": "7dc18742-ba9a-43b2-9aef-795175c9b542", "symbol": "XOP", "name": "State Street SPDR S&P Oil & Gas Exploration & Production 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": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 62.545, "architecture_energy": 79.374, "architecture_maturity": 7.255, "architecture_confidence": 82.63, "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": 18.81, "rotation_up": 74.46, "upward_expansion": 89.08, "deceleration": 47.94, "rotation_down": 10.67, "downward_expansion": 20.41 }, "activity_lines": [ 3024.200032, 2913.421014, 2879.390387, 2874.440557 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 2990.120117, "trend_reference": 2805.811873, "distance_from_trend": 0.065688, "trend_direction": "Improving", "fair_value": 2557.445303, "distance_from_fair_value": 0.169182, "fair_value_direction": "Improving", "relative_strength": 11.793956, "relative_strength_direction": "Improving", "price_momentum": 0.27206, "excess_performance": 0.326726, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.065688, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.056625, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.169182, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.053909, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.11794, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.116865, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.27206, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 23.357143, "read": "Demand-led" } ], "volume": { "latest": 23, "relative_activity": 0.041955, "balance": 23.357143, "dry_up": 0.030555, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.030547, "annualized_volatility": 0.408169, "from_high_reference": -0.14568, "from_low_reference": 0.32115 }, "levels": { "trend_reference": 2805.811873, "fair_value_reference": 2557.445303, "structural_low": 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2799.366135 ] }, { "date": "2026-07-17", "close": 2971.199951, "volume": 22, "typical_volume": 2417.2, "trend": 2737.013973, "fair_value": 2545.074729, "relative_strength": 12.169232, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 38.619946, "energy": 20.160915, "activity_lines": [ 2788.018246, 2777.758567, 2833.083439, 2815.662692 ] }, { "date": "2026-07-24", "close": 3100.0, "volume": 22, "typical_volume": 937.0, "trend": 2759.687736, "fair_value": 2550.119657, "relative_strength": 17.238245, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "up", "direction": 62.315667, "energy": 42.644873, "activity_lines": [ 2908.989307, 2832.626904, 2852.809117, 2839.081145 ] }, { "date": "2026-07-31", "close": 3100.0, "volume": 0, "typical_volume": 620.65, "trend": 2782.361499, "fair_value": 2554.134659, "relative_strength": 16.064503, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 78.318673, "energy": 73.094467, "activity_lines": [ 3000.018652, 2884.280939, 2871.574918, 2861.036775 ] }, { "date": "2026-08-07", "close": 2990.120117, "volume": 23, "typical_volume": 548.2, "trend": 2805.811873, "fair_value": 2557.445303, "relative_strength": 11.793956, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.545481, "energy": 79.373783, "activity_lines": [ 3024.200032, 2913.421014, 2879.390387, 2874.440557 ] } ], "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." } } }