{ "ticker": { "uuid": "9e4e9c46-95ef-4db1-8cff-dc3e5909c93d", "symbol": "WHEA", "name": "State Street SPDR MSCI World Health Care UCITS ETF", "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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 57.507, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "up", "architecture_direction": 75.82, "architecture_energy": 59.478, "architecture_maturity": 17.091, "architecture_confidence": 66.942, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 20.72, "rotation_up": 69.51, "upward_expansion": 82.02, "deceleration": 57.11, "rotation_down": 14.12, "downward_expansion": 8.68 }, "activity_lines": [ 70.095999, 69.519999, 67.899285, 67.318387 ], "activity_state": "Moderate", "activity_direction": "Stable", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 71.029999, "trend_reference": 67.139333, "distance_from_trend": 0.057949, "trend_direction": "Improving", "fair_value": 62.324103, "distance_from_fair_value": 0.139687, "fair_value_direction": "Improving", "relative_strength": -2.69007, "relative_strength_direction": "Improving", "price_momentum": 0.030167, "excess_performance": -0.052717, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.057949, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.008416, "read": "Rising" }, { "label": "Price vs 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62.002372, "relative_strength": -2.744922, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.084488, "energy": 69.138112, "activity_lines": [ 68.918, 67.678909, 66.409095, 66.537591 ] }, { "date": "2026-07-17", "close": 69.93, "volume": 13127, "typical_volume": 8575.3, "trend": 66.979, "fair_value": 62.078846, "relative_strength": -2.938496, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.163212, "energy": 74.512613, "activity_lines": [ 69.504667, 68.275273, 66.785333, 66.733484 ] }, { "date": "2026-07-24", "close": 69.629997, "volume": 6281, "typical_volume": 8637.5, "trend": 67.034333, "fair_value": 62.156346, "relative_strength": -3.18266, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.430616, "energy": 72.643148, "activity_lines": [ 69.773999, 68.703272, 67.131285, 66.904516 ] }, { "date": "2026-07-31", "close": 69.5, "volume": 13568, "typical_volume": 8996.7, "trend": 67.080666, "fair_value": 62.238654, "relative_strength": -3.44754, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.582721, "energy": 52.819499, "activity_lines": [ 69.692666, 69.011636, 67.452142, 67.063591 ] }, { "date": "2026-08-07", "close": 71.029999, "volume": 8284, "typical_volume": 8934.45, "trend": 67.139333, "fair_value": 62.324103, "relative_strength": -2.69007, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.820389, "energy": 59.477876, "activity_lines": [ 70.095999, 69.519999, 67.899285, 67.318387 ] } ], "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." } } }