{ "ticker": { "uuid": "9287f5a5-74bf-41b7-8dab-70e4a7ff10a3", "symbol": "SAHP", "name": "Global X S&P 500 Annual Tail Hedge 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": 52.054, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 63.751, "architecture_energy": 53.203, "architecture_maturity": 100.0, "architecture_confidence": 56.623, "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": 23.34, "rotation_up": 46.73, "upward_expansion": 70.72, "deceleration": 65.49, "rotation_down": 27.66, "downward_expansion": 20.72 }, "activity_lines": [ 14.946733, 14.948091, 14.854062, 14.714705 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 15.017, "trend_reference": 14.5334, "distance_from_trend": 0.033275, "trend_direction": "Improving", "fair_value": 13.385208, "distance_from_fair_value": 0.12191, "fair_value_direction": "Improving", "relative_strength": -3.066529, "relative_strength_direction": "Weakening", "price_momentum": 0.066927, "excess_performance": 0.015692, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.033275, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.017774, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.12191, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.024671, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.030665, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.018035, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.066927, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.0, "read": "Demand-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 5.0, "dry_up": 0.0, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.008293, "annualized_volatility": 0.059071, "from_high_reference": -0.002126, "from_low_reference": 0.117503 }, "levels": { "trend_reference": 14.5334, "fair_value_reference": 13.385208, "structural_low": 14.014, "invalidation": "A sustained 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[ 14.969333, 14.917109, 14.73439, 14.593938 ] }, { "date": "2026-07-17", "close": 14.868, "volume": 0, "typical_volume": 27.85, "trend": 14.451167, "fair_value": 13.351738, "relative_strength": -1.72162, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.478651, "energy": 68.301586, "activity_lines": [ 14.9406, 14.918964, 14.762219, 14.622284 ] }, { "date": "2026-07-24", "close": 14.997, "volume": 0, "typical_volume": 27.85, "trend": 14.481767, "fair_value": 13.363324, "relative_strength": -2.015219, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.480166, "energy": 65.88277, "activity_lines": [ 14.951267, 14.937964, 14.799386, 14.657499 ] }, { "date": "2026-07-31", "close": 14.861, "volume": 0, "typical_volume": 27.85, "trend": 14.509533, "fair_value": 13.373797, "relative_strength": -3.919884, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.142857, "energy": 50.989336, "activity_lines": [ 14.918, 14.929545, 14.820648, 14.681966 ] }, { "date": "2026-08-07", "close": 15.017, "volume": 0, "typical_volume": 17.85, "trend": 14.5334, "fair_value": 13.385208, "relative_strength": -3.066529, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.751102, "energy": 53.203155, "activity_lines": [ 14.946733, 14.948091, 14.854062, 14.714705 ] } ], "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." } } }