{ "ticker": { "uuid": "e3883497-06c1-4c0a-a5ca-bdb15138b71f", "symbol": "SXLV", "name": "State Street SPDR S&P U.S. Health Care Select Sector UCITS ETF", "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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 95.502, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 71.838, "architecture_energy": 59.619, "architecture_maturity": 12.098, "architecture_confidence": 73.757, "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": 14.09, "rotation_up": 71.61, "upward_expansion": 84.86, "deceleration": 53.57, "rotation_down": 14.23, "downward_expansion": 9.2 }, "activity_lines": [ 50.749916, 50.195681, 48.659786, 48.001043 ], "activity_state": "Wide", "activity_direction": "Stable", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 51.215, "trend_reference": 47.587792, "distance_from_trend": 0.076221, "trend_direction": "Improving", "fair_value": 43.947075, "distance_from_fair_value": 0.165379, "fair_value_direction": "Improving", "relative_strength": 1.607547, "relative_strength_direction": "Improving", "price_momentum": 0.056361, "excess_performance": 0.005125, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.076221, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.014844, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.165379, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.135148, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.016075, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.074784, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.056361, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 7.300533, "read": "Demand-led" } ], "volume": { "latest": 111861, "relative_activity": 0.590487, "balance": 7.300533, "dry_up": 0.383929, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.032424, "annualized_volatility": 0.16803, "from_high_reference": -0.021774, "from_low_reference": 0.281977 }, "levels": { "trend_reference": 47.587792, "fair_value_reference": 43.947075, "structural_low": 44.0275, "invalidation": 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"modifier": "Value reclamation", "gate": "up", "direction": 75.231311, "energy": 85.246679, "activity_lines": [ 50.0585, 48.994, 47.573018, 47.3481 ] }, { "date": "2026-07-24", "close": 50.666248, "volume": 25920, "typical_volume": 190585.15, "trend": 47.416833, "fair_value": 43.809535, "relative_strength": 2.298636, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.291941, "energy": 83.322758, "activity_lines": [ 50.45375, 49.464409, 47.94231, 47.563748 ] }, { "date": "2026-07-31", "close": 50.482498, "volume": 120412, "typical_volume": 187362.35, "trend": 47.502583, "fair_value": 43.877917, "relative_strength": 0.594935, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.561702, "energy": 68.996704, "activity_lines": [ 50.503666, 49.800977, 48.27575, 47.761532 ] }, { "date": "2026-08-07", "close": 51.215, "volume": 111861, "typical_volume": 189438.45, "trend": 47.587792, "fair_value": 43.947075, "relative_strength": 1.607547, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.837996, "energy": 59.619228, "activity_lines": [ 50.749916, 50.195681, 48.659786, 48.001043 ] } ], "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." } } }