{ "ticker": { "uuid": "91b44cf4-3104-410a-ba09-f4635f332ddf", "symbol": "EVAL", "name": "State Street SPDR MSCI Europe Value UCITS ETF EUR Acc", "exchange": "EBS", "country": "CH", "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": "^SSMI", "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": "Established expansion", "architecture_gate": "up", "architecture_direction": 94.222, "architecture_energy": 92.877, "architecture_maturity": 41.755, "architecture_confidence": 74.383, "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": 1.38, "rotation_up": 87.58, "upward_expansion": 97.64, "deceleration": 40.68, "rotation_down": 10.72, "downward_expansion": 19.64 }, "activity_lines": [ 73.667332, 72.476181, 70.567428, 68.951699 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 75.339996, "trend_reference": 67.152, "distance_from_trend": 0.121932, "trend_direction": "Improving", "fair_value": 52.405449, "distance_from_fair_value": 0.437637, "fair_value_direction": "Improving", "relative_strength": 7.385112, "relative_strength_direction": "Weakening", "price_momentum": 0.162654, "excess_performance": 0.079771, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.121932, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.057046, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.437637, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.107954, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.073851, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.010985, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.162654, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 580.933333, "read": "Demand-led" } ], "volume": { "latest": 3385, "relative_activity": 5.808167, "balance": 580.933333, "dry_up": 3.683082, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.016234, "annualized_volatility": 0.134424, "from_high_reference": 0.0, "from_low_reference": 0.372063 }, "levels": { "trend_reference": 67.152, "fair_value_reference": 52.405449, "structural_low": 59.610001, "invalidation": 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66.742904 ] }, { "date": "2026-07-10", "close": 70.860001, "volume": 15, "typical_volume": 212.55, "trend": 65.696, "fair_value": 51.609263, "relative_strength": 3.97973, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.565577, "energy": 88.766688, "activity_lines": [ 70.817333, 70.043818, 68.218286, 67.095506 ] }, { "date": "2026-07-17", "close": 71.599998, "volume": 35, "typical_volume": 193.65, "trend": 66.020334, "fair_value": 51.795256, "relative_strength": 4.071686, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.100344, "energy": 90.619254, "activity_lines": [ 71.157999, 70.470363, 68.690381, 67.476409 ] }, { "date": "2026-07-24", "close": 72.510002, "volume": 14, "typical_volume": 189.45, "trend": 66.375334, "fair_value": 51.985994, "relative_strength": 5.32969, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.634267, "energy": 80.632207, "activity_lines": [ 71.681333, 70.969636, 69.223191, 67.895097 ] }, { "date": "2026-07-31", "close": 74.18, "volume": 5152, "typical_volume": 413.75, "trend": 66.767334, "fair_value": 52.19266, "relative_strength": 7.402278, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.313187, "energy": 76.992363, "activity_lines": [ 72.615333, 71.668364, 69.868953, 68.398624 ] }, { "date": "2026-08-07", "close": 75.339996, "volume": 3385, "typical_volume": 582.8, "trend": 67.152, "fair_value": 52.405449, "relative_strength": 7.385112, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.221775, "energy": 92.876814, "activity_lines": [ 73.667332, 72.476181, 70.567428, 68.951699 ] } ], "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." } } }