{ "ticker": { "uuid": "e310bba1-0741-4daf-9c77-e1637015c13f", "symbol": "XLV", "name": "State Street Health Care Select Sector SPDR ETF", "exchange": "MEX", "country": "MX", "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": "^MXX", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 82.598, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 65.664, "architecture_energy": 53.924, "architecture_maturity": 6.825, "architecture_confidence": 80.13, "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": 20.51, "rotation_up": 67.66, "upward_expansion": 83.9, "deceleration": 53.51, "rotation_down": 15.15, "downward_expansion": 8.24 }, "activity_lines": [ 2828.884001, 2804.025879, 2719.719456, 2691.426873 ], "activity_state": "Moderate", "activity_direction": "Stable", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 2836.0, "trend_reference": 2674.681079, "distance_from_trend": 0.060313, "trend_direction": "Weakening", "fair_value": 2629.337733, "distance_from_fair_value": 0.078599, "fair_value_direction": "Improving", "relative_strength": 3.562565, "relative_strength_direction": "Improving", "price_momentum": 0.047675, "excess_performance": 0.102342, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.060313, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.003173, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.078599, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.125324, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.035626, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.188565, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.047675, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.499624, "read": "Demand-led" } ], "volume": { "latest": 265754, "relative_activity": 7.62678, "balance": 4.499624, "dry_up": 2.107449, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.032942, "annualized_volatility": 0.179038, "from_high_reference": -0.032745, "from_low_reference": 0.174826 }, "levels": { "trend_reference": 2674.681079, "fair_value_reference": 2629.337733, 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"activity_lines": [ 2800.557813, 2738.58453, 2665.082372, 2659.900566 ] }, { "date": "2026-07-24", "close": 2842.800049, "volume": 19463, "typical_volume": 21505.85, "trend": 2672.801082, "fair_value": 2622.357888, "relative_strength": 4.654097, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.562843, "energy": 70.175685, "activity_lines": [ 2824.235335, 2767.131743, 2684.5072, 2671.001909 ] }, { "date": "2026-07-31", "close": 2828.0, "volume": 7425, "typical_volume": 21579.7, "trend": 2674.611979, "fair_value": 2625.873923, "relative_strength": 3.307524, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 64.915108, "energy": 63.86064, "activity_lines": [ 2826.171338, 2786.855509, 2702.075139, 2681.014742 ] }, { "date": "2026-08-07", "close": 2836.0, "volume": 265754, "typical_volume": 34844.85, "trend": 2674.681079, "fair_value": 2629.337733, "relative_strength": 3.562565, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.663728, "energy": 53.924427, "activity_lines": [ 2828.884001, 2804.025879, 2719.719456, 2691.426873 ] } ], "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." } } }