{ "ticker": { "uuid": "8e062df7-7478-4105-bb4c-6f2489e21fbd", "symbol": "UKDV", "name": "State Street SPDR S&P UK Dividend Aristocrats 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": 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": 80.932, "architecture_energy": 91.493, "architecture_maturity": 26.161, "architecture_confidence": 79.574, "architecture_tenure": "Developing", "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": 0.0, "rotation_up": 85.15, "upward_expansion": 99.78, "deceleration": 39.07, "rotation_down": 9.16, "downward_expansion": 21.78 }, "activity_lines": [ 13.749733, 13.491764, 13.10431, 12.869867 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 13.928, "trend_reference": 12.638682, "distance_from_trend": 0.102014, "trend_direction": "Improving", "fair_value": 10.640102, "distance_from_fair_value": 0.30901, "fair_value_direction": "Improving", "relative_strength": 5.376797, "relative_strength_direction": "Improving", "price_momentum": 0.123905, "excess_performance": 0.072669, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.102014, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.041352, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.30901, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.118303, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.053768, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.068253, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.123905, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 113.715536, "read": "Demand-led" } ], "volume": { "latest": 149290, "relative_activity": 1.695713, "balance": 113.715536, "dry_up": 1.699061, "accumulation_observations": 6, "distribution_observations": 0 }, "risk": { "range_context": 0.025555, "annualized_volatility": 0.154551, "from_high_reference": -0.00727, "from_low_reference": 0.247837 }, "levels": { "trend_reference": 12.638682, "fair_value_reference": 10.640102, "structural_low": 11.298, "invalidation": "A 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"fair_value": 10.517077, "relative_strength": 4.36947, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.967149, "energy": 76.626355, "activity_lines": [ 13.092133, 12.906673, 12.649225, 12.545014 ] }, { "date": "2026-07-17", "close": 13.66, "volume": 207301, "typical_volume": 76966.65, "trend": 12.464944, "fair_value": 10.546393, "relative_strength": 6.415622, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.813354, "energy": 88.314839, "activity_lines": [ 13.313933, 13.0728, 12.762387, 12.625823 ] }, { "date": "2026-07-24", "close": 13.678, "volume": 93639, "typical_volume": 78929.0, "trend": 12.522645, "fair_value": 10.575974, "relative_strength": 5.169047, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.637463, "energy": 90.162495, "activity_lines": [ 13.485733, 13.216636, 12.873604, 12.704085 ] }, { "date": "2026-07-31", "close": 13.748, "volume": 148109, "typical_volume": 82996.2, "trend": 12.583736, "fair_value": 10.607519, "relative_strength": 4.385683, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.627458, "energy": 89.862571, "activity_lines": [ 13.612667, 13.348073, 12.984622, 12.78314 ] }, { "date": "2026-08-07", "close": 13.928, "volume": 149290, "typical_volume": 88039.65, "trend": 12.638682, "fair_value": 10.640102, "relative_strength": 5.376797, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.931885, "energy": 91.492638, "activity_lines": [ 13.749733, 13.491764, 13.10431, 12.869867 ] } ], "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." } } }