{ "ticker": { "uuid": "d6460382-8f16-473d-b4eb-f6af0de35e0f", "symbol": "SPWO", "name": "SP FUNDS TRUST SP FUNDS S&P WORLD EX-US ETF", "exchange": "NYSEARCA", "country": "US", "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": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 91.095, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 31.197, "architecture_energy": 19.392, "architecture_maturity": 53.769, "architecture_confidence": 86.501, "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": 46.69, "rotation_up": 23.39, "upward_expansion": 53.33, "deceleration": 90.67, "rotation_down": 36.21, "downward_expansion": 21.66 }, "activity_lines": [ 32.400376, 32.722384, 32.698717, 32.028335 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 33.19, "trend_reference": 31.199535, "distance_from_trend": 0.063798, "trend_direction": "Improving", "fair_value": 24.586662, "distance_from_fair_value": 0.349919, "fair_value_direction": "Weakening", "relative_strength": 1.817268, "relative_strength_direction": "Weakening", "price_momentum": 0.11295, "excess_performance": -0.012675, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.063798, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.068817, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.349919, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.047481, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.018173, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.082091, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.11295, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.226791, "read": "Demand-led" } ], "volume": { "latest": 244089, "relative_activity": 0.871597, "balance": 1.226791, "dry_up": 0.985454, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.057222, "annualized_volatility": 0.249089, "from_high_reference": -0.06266, "from_low_reference": 0.376254 }, "levels": { "trend_reference": 31.199535, "fair_value_reference": 24.586662, "structural_low": 26.992121, "invalidation": "A 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"upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.367944, "energy": 20.435422, "activity_lines": [ 32.864343, 33.160066, 32.504632, 31.75549 ] }, { "date": "2026-07-24", "close": 31.694504, "volume": 221867, "typical_volume": 287179.4, "trend": 30.89939, "fair_value": 24.468598, "relative_strength": 2.152604, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.359483, "energy": 18.813415, "activity_lines": [ 32.330659, 32.893538, 32.52655, 31.816032 ] }, { "date": "2026-07-31", "close": 32.04, "volume": 380820, "typical_volume": 283543.1, "trend": 31.039923, "fair_value": 24.523864, "relative_strength": 1.946092, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.297234, "energy": 18.031461, "activity_lines": [ 32.132743, 32.697047, 32.566918, 31.88962 ] }, { "date": "2026-08-07", "close": 33.19, "volume": 244089, "typical_volume": 280048.05, "trend": 31.199535, "fair_value": 24.586662, "relative_strength": 1.817268, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.197003, "energy": 19.391869, "activity_lines": [ 32.400376, 32.722384, 32.698717, 32.028335 ] } ], "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." } } }