{ "ticker": { "uuid": "9412f9d1-d84c-4516-90f9-89e67b7459f5", "symbol": "XEWG", "name": "Xtrackers S&P 500 Equal Weight UCITS ETF 1D GBP Hedged", "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": "Established expansion", "architecture_gate": "up", "architecture_direction": 86.893, "architecture_energy": 71.865, "architecture_maturity": 43.689, "architecture_confidence": 80.507, "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": 7.19, "rotation_up": 65.28, "upward_expansion": 85.33, "deceleration": 58.21, "rotation_down": 23.4, "downward_expansion": 12.0 }, "activity_lines": [ 10.457933, 10.389218, 10.205848, 10.03893 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 10.646, "trend_reference": 9.859217, "distance_from_trend": 0.079802, "trend_direction": "Improving", "fair_value": 8.467713, "distance_from_fair_value": 0.257246, "fair_value_direction": "Improving", "relative_strength": 3.008608, "relative_strength_direction": "Improving", "price_momentum": 0.100037, "excess_performance": 0.048801, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.079802, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.04026, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.257246, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.058536, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.030086, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.017805, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.100037, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.927665, "read": "Supply-led" } ], "volume": { "latest": 95149, "relative_activity": 0.4214, "balance": 0.927665, "dry_up": 1.298661, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.016302, "annualized_volatility": 0.101248, "from_high_reference": -0.004907, "from_low_reference": 0.218896 }, "levels": { "trend_reference": 9.859217, "fair_value_reference": 8.467713, "structural_low": 9.068937, "invalidation": 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73.044492, "energy": 88.023103, "activity_lines": [ 10.347133, 10.257412, 10.042046, 9.908855 ] }, { "date": "2026-07-24", "close": 10.365, "volume": 242231, "typical_volume": 265333.3, "trend": 9.783993, "fair_value": 8.425024, "relative_strength": 1.85372, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.468237, "energy": 83.171647, "activity_lines": [ 10.3654, 10.295018, 10.092314, 9.948654 ] }, { "date": "2026-07-31", "close": 10.358, "volume": 294336, "typical_volume": 261918.75, "trend": 9.82072, "fair_value": 8.445209, "relative_strength": 0.553518, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.215875, "energy": 63.960579, "activity_lines": [ 10.366, 10.319782, 10.137841, 9.985687 ] }, { "date": "2026-08-07", "close": 10.646, "volume": 95149, "typical_volume": 225792.65, "trend": 9.859217, "fair_value": 8.467713, "relative_strength": 3.008608, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.892687, "energy": 71.865197, "activity_lines": [ 10.457933, 10.389218, 10.205848, 10.03893 ] } ], "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." } } }