{ "ticker": { "uuid": "93de4120-1246-4621-933c-1ec7bec2ffc4", "symbol": "STS", "name": "State Street SPDR MSCI Europe Consumer Staples UCITS ETF", "exchange": "PAR", "country": "FR", "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": "^FCHI", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 69.379, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 62.293, "architecture_energy": 46.463, "architecture_maturity": 15.504, "architecture_confidence": 75.783, "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": 21.88, "rotation_up": 63.79, "upward_expansion": 81.52, "deceleration": 58.06, "rotation_down": 16.41, "downward_expansion": 5.86 }, "activity_lines": [ 242.073336, 240.700001, 236.051429, 234.554194 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 242.350006, "trend_reference": 233.615, "distance_from_trend": 0.037391, "trend_direction": "Improving", "fair_value": 223.265384, "distance_from_fair_value": 0.08548, "fair_value_direction": "Improving", "relative_strength": -1.726182, "relative_strength_direction": "Improving", "price_momentum": 0.003728, "excess_performance": -0.049584, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.037391, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.015659, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.08548, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.075921, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.017262, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.012462, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.003728, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.783468, "read": "Demand-led" } ], "volume": { "latest": 628, "relative_activity": 0.131176, "balance": 2.783468, "dry_up": 0.582356, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.0289, "annualized_volatility": 0.181461, "from_high_reference": -0.038484, "from_low_reference": 0.123291 }, "levels": { "trend_reference": 233.615, "fair_value_reference": 223.265384, "structural_low": 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230.904047, 231.381398 ] }, { "date": "2026-07-10", "close": 239.949997, "volume": 3039, "typical_volume": 5403.95, "trend": 231.583333, "fair_value": 222.839743, "relative_strength": 1.676461, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 53.848654, "energy": 68.406717, "activity_lines": [ 239.083331, 235.236362, 231.710952, 231.951827 ] }, { "date": "2026-07-17", "close": 245.550003, "volume": 4430, "typical_volume": 5484.2, "trend": 232.136666, "fair_value": 222.964102, "relative_strength": 3.986808, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.354589, "energy": 81.159083, "activity_lines": [ 241.83, 237.619999, 233.092857, 232.852903 ] }, { "date": "2026-07-24", "close": 238.699997, "volume": 102, "typical_volume": 5004.5, "trend": 232.538333, "fair_value": 223.016666, "relative_strength": 0.67422, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.370511, "energy": 70.381961, "activity_lines": [ 241.549999, 238.377272, 233.848571, 233.276344 ] }, { "date": "2026-07-31", "close": 243.050003, "volume": 5992, "typical_volume": 5049.35, "trend": 233.055, "fair_value": 223.144551, "relative_strength": 0.876631, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.653565, "energy": 51.863625, "activity_lines": [ 241.99, 239.706363, 235.002619, 233.954516 ] }, { "date": "2026-08-07", "close": 242.350006, "volume": 628, "typical_volume": 4787.45, "trend": 233.615, "fair_value": 223.265384, "relative_strength": -1.726182, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.292531, "energy": 46.462875, "activity_lines": [ 242.073336, 240.700001, 236.051429, 234.554194 ] } ], "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." } } }