{ "ticker": { "uuid": "859bfa46-ea9f-4705-94e3-728e97c31542", "symbol": "SPQB", "name": "Global X S&P 500 Quarterly Buffer UCITS ETF A USD Acc", "exchange": "LSE", "country": "GB", "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": "^FTSE", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 58.945, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 90.547, "architecture_energy": 72.107, "architecture_maturity": 53.404, "architecture_confidence": 78.922, "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": 11.56, "rotation_up": 58.56, "upward_expansion": 83.0, "deceleration": 63.31, "rotation_down": 27.5, "downward_expansion": 12.0 }, "activity_lines": [ 23.179, 23.111818, 22.990333, 22.773086 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 23.485001, "trend_reference": 22.502167, "distance_from_trend": 0.043677, "trend_direction": "Improving", "fair_value": 19.744958, "distance_from_fair_value": 0.189418, "fair_value_direction": "Improving", "relative_strength": -1.812256, "relative_strength_direction": "Weakening", "price_momentum": 0.070175, "excess_performance": 0.01894, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.043677, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.020788, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.189418, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.000575, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.018123, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.020801, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.070175, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 15.477764, "read": "Demand-led" } ], "volume": { "latest": 2, "relative_activity": 0.000125, "balance": 15.477764, "dry_up": 0.034814, "accumulation_observations": 0, "distribution_observations": 0 }, "risk": { "range_context": 0.007214, "annualized_volatility": 0.059051, "from_high_reference": -0.000638, "from_low_reference": 0.128002 }, "levels": { "trend_reference": 22.502167, "fair_value_reference": 19.744958, "structural_low": 21.389999, 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"trend": 22.502167, "fair_value": 19.744958, "relative_strength": -1.812256, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.547059, "energy": 72.106813, "activity_lines": [ 23.179, 23.111818, 22.990333, 22.773086 ] } ], "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." } } }