{ "ticker": { "uuid": "8b40c7c6-a3c7-4d0b-8d87-648db5deb3e1", "symbol": "XLE", "name": "SELECT SECTOR SPDR TRUST STATE STREET ENERGY SELECT SECTOR SPDR E", "exchange": "NYSEARCA", "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": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 85.544, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 52.056, "architecture_energy": 39.881, "architecture_maturity": 7.249, "architecture_confidence": 63.922, "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": 31.32, "rotation_up": 65.13, "upward_expansion": 73.95, "deceleration": 62.42, "rotation_down": 11.43, "downward_expansion": 5.28 }, "activity_lines": [ 58.333333, 57.00597, 56.823497, 56.785662 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 57.5, "trend_reference": 55.956327, "distance_from_trend": 0.027587, "trend_direction": "Improving", "fair_value": 44.836437, "distance_from_fair_value": 0.282439, "fair_value_direction": "Improving", "relative_strength": 1.017515, "relative_strength_direction": "Weakening", "price_momentum": 0.086787, "excess_performance": -0.038838, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.027587, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.074937, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.282439, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.003023, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.010175, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.036031, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.086787, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.282185, "read": "Demand-led" } ], "volume": { "latest": 143090442, "relative_activity": 0.761946, "balance": 1.282185, "dry_up": 0.796807, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.049843, "annualized_volatility": 0.262157, "from_high_reference": -0.093917, "from_low_reference": 0.399717 }, "levels": { "trend_reference": 55.956327, "fair_value_reference": 44.836437, "structural_low": 52.62, 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56.176414, 56.557441, 56.375829 ] }, { "date": "2026-07-31", "close": 59.55, "volume": 142404949, "typical_volume": 193879182.4, "trend": 55.585343, "fair_value": 44.731617, "relative_strength": 8.534391, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.752953, "energy": 37.17739, "activity_lines": [ 58.176667, 56.781924, 56.793374, 56.662136 ] }, { "date": "2026-08-07", "close": 57.5, "volume": 143090442, "typical_volume": 187795960.35, "trend": 55.956327, "fair_value": 44.836437, "relative_strength": 1.017515, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.056425, "energy": 39.881222, "activity_lines": [ 58.333333, 57.00597, 56.823497, 56.785662 ] } ], "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." } } }