{ "ticker": { "uuid": "cf0310a1-6fbd-45ef-a28f-114d0f59f883", "symbol": "XZSP", "name": "Xtrackers S&P 500 Scored & Screened UCITS ETF 1C", "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": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 91.246, "architecture_energy": 71.198, "architecture_maturity": 54.797, "architecture_confidence": 74.813, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 22.84, "rotation_up": 56.48, "upward_expansion": 83.0, "deceleration": 71.03, "rotation_down": 28.83, "downward_expansion": 12.0 }, "activity_lines": [ 69.719668, 69.358455, 68.651167, 67.297215 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 71.910004, "trend_reference": 65.777333, "distance_from_trend": 0.093234, "trend_direction": "Improving", "fair_value": 53.522422, "distance_from_fair_value": 0.343549, "fair_value_direction": "Improving", "relative_strength": 4.300421, "relative_strength_direction": "Weakening", "price_momentum": 0.125793, "excess_performance": 0.074557, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.093234, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.036958, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.343549, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.015808, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.043004, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.021593, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.125793, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 15.578788, "read": "Demand-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 15.578788, "dry_up": 0.100451, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.014013, "annualized_volatility": 0.126443, "from_high_reference": 0.0, "from_low_reference": 0.255631 }, "levels": { "trend_reference": 65.777333, "fair_value_reference": 53.522422, "structural_low": 58.654999, "invalidation": "A sustained loss 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"fair_value": 52.598929, "relative_strength": 2.788556, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.911609, "energy": 68.698836, "activity_lines": [ 69.022999, 68.858817, 67.062976, 65.93343 ] }, { "date": "2026-07-10", "close": 69.214996, "volume": 170, "typical_volume": 1347.75, "trend": 64.930333, "fair_value": 52.783608, "relative_strength": 4.504887, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.109497, "energy": 71.190941, "activity_lines": [ 69.097998, 68.985817, 67.424166, 66.224645 ] }, { "date": "2026-07-17", "close": 68.480003, "volume": 160, "typical_volume": 1334.3, "trend": 65.132833, "fair_value": 52.961669, "relative_strength": 2.322055, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.766169, "energy": 62.87448, "activity_lines": [ 68.897333, 68.926727, 67.688285, 66.453655 ] }, { "date": "2026-07-24", "close": 68.370003, "volume": 170, "typical_volume": 1324.8, "trend": 65.3075, "fair_value": 53.136317, "relative_strength": 0.831019, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.742987, "energy": 55.13805, "activity_lines": [ 68.693334, 68.834909, 67.917547, 66.662505 ] }, { "date": "2026-07-31", "close": 68.739998, "volume": 0, "typical_volume": 1315.3, "trend": 65.5045, "fair_value": 53.316845, "relative_strength": 0.097995, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.367425, "energy": 50.505864, "activity_lines": [ 68.682333, 68.81, 68.151523, 66.883957 ] }, { "date": "2026-08-07", "close": 71.910004, "volume": 0, "typical_volume": 821.3, "trend": 65.777333, "fair_value": 53.522422, "relative_strength": 4.300421, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 91.246316, "energy": 71.197926, "activity_lines": [ 69.719668, 69.358455, 68.651167, 67.297215 ] } ], "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." } } }