{ "ticker": { "uuid": "9baa1c0f-cc39-476e-9835-b52174e16cc7", "symbol": "XACTHDIV", "name": "XACT Nordic High Dividend Low Volatility ETF", "exchange": "STO", "country": "SE", "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": "^OMX", "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": 74.986, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 86.2, "architecture_energy": 90.886, "architecture_maturity": 14.719, "architecture_confidence": 63.529, "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": 0.87, "rotation_up": 86.35, "upward_expansion": 98.72, "deceleration": 39.03, "rotation_down": 8.65, "downward_expansion": 20.72 }, "activity_lines": [ 172.050668, 169.865819, 167.817506, 166.462025 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 174.380005, "trend_reference": 164.666324, "distance_from_trend": 0.05899, "trend_direction": "Improving", "fair_value": 137.389068, "distance_from_fair_value": 0.269242, "fair_value_direction": "Improving", "relative_strength": -2.045296, "relative_strength_direction": "Improving", "price_momentum": 0.064832, "excess_performance": 0.003338, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.05899, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.03248, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.269242, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.037302, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.020453, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.007119, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.064832, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.936225, "read": "Supply-led" } ], "volume": { "latest": 1795346, "relative_activity": 1.186714, "balance": 0.936225, "dry_up": 0.757769, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.016127, "annualized_volatility": 0.113463, "from_high_reference": -0.003543, "from_low_reference": 0.206041 }, "levels": { "trend_reference": 164.666324, "fair_value_reference": 137.389068, "structural_low": 152.031759, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 42, "median_return": 0.006377, "positive_rate": 0.595238, "directional_follow_through": 0.595238, "median_excess_return": 0.000201, "regime_survival": 0.785714, "best_return": 0.062124, "worst_return": -0.061805, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": 0.014244, "positive_rate": 0.642857, "directional_follow_through": 0.642857, "median_excess_return": 0.008224, "regime_survival": 0.428571, "best_return": 0.102574, "worst_return": -0.037191, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.049907, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.026881, "regime_survival": 0.5, "best_return": 0.108638, "worst_return": -0.076652, "sufficient": true }, { 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173.5, "volume": 1415109, "typical_volume": 1506163.75, "trend": 164.059055, "fair_value": 136.974064, "relative_strength": -0.689225, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.494119, "energy": 84.425674, "activity_lines": [ 170.4, 168.584, 166.966278, 165.796157 ] }, { "date": "2026-08-07", "close": 174.380005, "volume": 1795346, "typical_volume": 1512871.1, "trend": 164.666324, "fair_value": 137.389068, "relative_strength": -2.045296, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.200059, "energy": 90.886395, "activity_lines": [ 172.050668, 169.865819, 167.817506, 166.462025 ] } ], "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." } } }