{ "ticker": { "uuid": "aff536aa-923c-4f9f-aeb7-26a86c9482b1", "symbol": "OVQ", "name": "Phillip Sing Income ETF", "exchange": "SES", "country": "SG", "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": "^STI", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 69.924, "architecture_energy": 78.839, "architecture_maturity": 12.349, "architecture_confidence": 68.996, "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": 10.05, "rotation_up": 79.38, "upward_expansion": 96.31, "deceleration": 39.29, "rotation_down": 9.99, "downward_expansion": 18.31 }, "activity_lines": [ 1.577133, 1.555889, 1.529276, 1.514312 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 1.582, "trend_reference": 1.50043, "distance_from_trend": 0.054364, "trend_direction": "Improving", "fair_value": 1.17228, "distance_from_fair_value": 0.349507, "fair_value_direction": "Improving", "relative_strength": -8.486896, "relative_strength_direction": "Weakening", "price_momentum": 0.061745, "excess_performance": -0.09309, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.054364, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.025665, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.349507, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.012575, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.084869, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.067927, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.061745, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.744658, "read": "Demand-led" } ], "volume": { "latest": 169735, "relative_activity": 1.953096, "balance": 2.744658, "dry_up": 1.423076, "accumulation_observations": 6, "distribution_observations": 1 }, "risk": { "range_context": 0.024207, "annualized_volatility": 0.12568, "from_high_reference": -0.005031, "from_low_reference": 0.204462 }, "levels": { "trend_reference": 1.50043, "fair_value_reference": 1.17228, "structural_low": 1.392, "invalidation": "A 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83.238312, "activity_lines": [ 1.571043, 1.545323, 1.521818, 1.508782 ] }, { "date": "2026-08-07", "close": 1.582, "volume": 169735, "typical_volume": 86905.6, "trend": 1.50043, "fair_value": 1.17228, "relative_strength": -8.486896, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.923608, "energy": 78.839255, "activity_lines": [ 1.577133, 1.555889, 1.529276, 1.514312 ] } ], "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." } } }