{ "ticker": { "uuid": "d7f3e278-ac9d-460f-9ac0-8f71fff67591", "symbol": "HQUS", "name": "Betashares S&P 500 Equal Weight Currency Hedged ETF", "exchange": "ASX", "country": "AU", "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": "^AXJO", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 95.128, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 78.983, "architecture_energy": 65.034, "architecture_maturity": 22.826, "architecture_confidence": 76.841, "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": 7.16, "rotation_up": 69.46, "upward_expansion": 86.46, "deceleration": 51.65, "rotation_down": 17.96, "downward_expansion": 10.8 }, "activity_lines": [ 50.510667, 50.171861, 49.352133, 48.780067 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 51.130001, "trend_reference": 48.22111, "distance_from_trend": 0.060324, "trend_direction": "Improving", "fair_value": 44.342131, "distance_from_fair_value": 0.153079, "fair_value_direction": "Improving", "relative_strength": 3.531297, "relative_strength_direction": "Weakening", "price_momentum": 0.078464, "excess_performance": 0.014759, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.060324, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.031056, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.153079, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.066431, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.035313, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.010756, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.078464, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.955985, "read": "Supply-led" } ], "volume": { "latest": 71704, "relative_activity": 1.356889, "balance": 0.955985, "dry_up": 1.318342, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.019693, "annualized_volatility": 0.103541, "from_high_reference": -0.013315, "from_low_reference": 0.176458 }, "levels": { "trend_reference": 48.22111, "fair_value_reference": 44.342131, "structural_low": 44.610001, 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"regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.823838, "energy": 68.503752, "activity_lines": [ 49.942239, 49.641817, 48.836784, 48.405758 ] }, { "date": "2026-07-31", "close": 50.68, "volume": 120142, "typical_volume": 51085.0, "trend": 48.08311, "fair_value": 44.279281, "relative_strength": 6.11691, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.546538, "energy": 65.177065, "activity_lines": [ 50.190666, 49.891731, 49.08372, 48.583493 ] }, { "date": "2026-08-07", "close": 51.130001, "volume": 71704, "typical_volume": 52844.4, "trend": 48.22111, "fair_value": 44.342131, "relative_strength": 3.531297, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.982508, "energy": 65.034433, "activity_lines": [ 50.510667, 50.171861, 49.352133, 48.780067 ] } ], "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." } } }