{ "ticker": { "uuid": "8bdc1fe3-cf78-4982-9b7a-b60094a33b80", "symbol": "UTIP", "name": "State Street SPDR Bloomberg U.S. TIPS UCITS ETF", "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": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 73.173, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -73.286, "architecture_energy": 88.154, "architecture_maturity": 6.959, "architecture_confidence": 76.839, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 14.77, "rotation_up": 8.26, "upward_expansion": 21.54, "deceleration": 37.01, "rotation_down": 83.96, "downward_expansion": 99.54 }, "activity_lines": [ 20.603942, 20.859835, 21.141796, 21.253794 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 20.547501, "trend_reference": 21.336558, "distance_from_trend": -0.036981, "trend_direction": "Weakening", "fair_value": 20.889621, "distance_from_fair_value": -0.016378, "fair_value_direction": "Weakening", "relative_strength": -11.477177, "relative_strength_direction": "Weakening", "price_momentum": -0.028027, "excess_performance": -0.079263, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.036981, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.006724, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.016378, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.044919, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.114772, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.060623, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.028027, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.817713, "read": "Demand-led" } ], "volume": { "latest": 54086, "relative_activity": 5.691406, "balance": 1.817713, "dry_up": 2.202281, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.014874, "annualized_volatility": 0.092273, "from_high_reference": -0.073602, "from_low_reference": 0.001734 }, "levels": { "trend_reference": 21.336558, "fair_value_reference": 20.889621, "structural_low": 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21.405337 ] }, { "date": "2026-07-24", "close": 20.747574, "volume": 3363, "typical_volume": 6569.25, "trend": 21.388094, "fair_value": 20.878389, "relative_strength": -9.964087, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -67.980284, "energy": 83.62005, "activity_lines": [ 20.80868, 21.123178, 21.304186, 21.363048 ] }, { "date": "2026-07-31", "close": 20.511942, "volume": 23607, "typical_volume": 7074.95, "trend": 21.364796, "fair_value": 20.884047, "relative_strength": -11.701816, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.806348, "energy": 91.385251, "activity_lines": [ 20.652199, 20.979905, 21.21835, 21.306522 ] }, { "date": "2026-08-07", "close": 20.547501, "volume": 54086, "typical_volume": 9503.1, "trend": 21.336558, "fair_value": 20.889621, "relative_strength": -11.477177, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.285576, "energy": 88.153671, "activity_lines": [ 20.603942, 20.859835, 21.141796, 21.253794 ] } ], "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." } } }