{ "ticker": { "uuid": "da3563cb-3764-4760-8d98-0dc1a8ca333e", "symbol": "SLYV", "name": "STATE STREET SPDR S&P 600 SMALL CAP VALUE 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": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 72.631, "architecture_energy": 56.599, "architecture_maturity": 53.612, "architecture_confidence": 72.277, "architecture_tenure": "Established", "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": 15.19, "rotation_up": 55.21, "upward_expansion": 79.5, "deceleration": 66.3, "rotation_down": 23.83, "downward_expansion": 8.5 }, "activity_lines": [ 109.347333, 108.703052, 106.51811, 104.207028 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 111.0, "trend_reference": 101.635417, "distance_from_trend": 0.092139, "trend_direction": "Improving", "fair_value": 83.891605, "distance_from_fair_value": 0.323136, "fair_value_direction": "Improving", "relative_strength": 3.173362, "relative_strength_direction": "Improving", "price_momentum": 0.100991, "excess_performance": -0.024634, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.092139, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.060504, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.323136, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.050137, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.031734, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.000226, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.100991, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.189551, "read": "Demand-led" } ], "volume": { "latest": 1254209, "relative_activity": 1.061921, "balance": 1.189551, "dry_up": 0.726337, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.029724, "annualized_volatility": 0.148004, "from_high_reference": -0.008752, "from_low_reference": 0.389364 }, "levels": { "trend_reference": 101.635417, "fair_value_reference": 83.891605, "structural_low": 90.887751, 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920336, "typical_volume": 1171685.45, "trend": 101.132757, "fair_value": 83.658428, "relative_strength": 4.582554, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.236607, "energy": 50.730993, "activity_lines": [ 108.470667, 108.016639, 105.766715, 103.570431 ] }, { "date": "2026-08-07", "close": 111.0, "volume": 1254209, "typical_volume": 1181075.8, "trend": 101.635417, "fair_value": 83.891605, "relative_strength": 3.173362, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.630775, "energy": 56.599351, "activity_lines": [ 109.347333, 108.703052, 106.51811, 104.207028 ] } ], "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." } } }