{ "ticker": { "uuid": "e542da02-7e09-467d-8e52-2fcdaced63d3", "symbol": "SPD", "name": "SIMPLIFY EXCHANGE TRADED FUNDS US EQUITY PLUS DOWNSIDE CONVEXITY 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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 75.738, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 74.586, "architecture_energy": 44.917, "architecture_maturity": 42.78, "architecture_confidence": 62.314, "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": 29.99, "rotation_up": 50.25, "upward_expansion": 76.35, "deceleration": 67.57, "rotation_down": 23.57, "downward_expansion": 5.35 }, "activity_lines": [ 41.818667, 41.563228, 41.159925, 40.463591 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 43.17, "trend_reference": 39.774296, "distance_from_trend": 0.085374, "trend_direction": "Improving", "fair_value": 34.111311, "distance_from_fair_value": 0.265563, "fair_value_direction": "Improving", "relative_strength": -2.465327, "relative_strength_direction": "Improving", "price_momentum": 0.09954, "excess_performance": -0.026085, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.085374, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.018096, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.265563, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.023521, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.024653, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.030802, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.09954, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.919804, "read": "Demand-led" } ], "volume": { "latest": 63282, "relative_activity": 1.226794, "balance": 3.919804, "dry_up": 0.866085, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.032003, "annualized_volatility": 0.140143, "from_high_reference": -0.0173, "from_low_reference": 0.208567 }, "levels": { "trend_reference": 39.774296, "fair_value_reference": 34.111311, "structural_low": 35.72, 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-3.710581, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.523925, "energy": 40.67483, "activity_lines": [ 41.353806, 41.303695, 40.628652, 40.051811 ] }, { "date": "2026-07-24", "close": 40.85, "volume": 30750, "typical_volume": 54589.1, "trend": 39.595046, "fair_value": 33.911234, "relative_strength": -3.710053, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.771495, "energy": 34.40022, "activity_lines": [ 41.190173, 41.228086, 40.736749, 40.135097 ] }, { "date": "2026-07-31", "close": 41.18, "volume": 48716, "typical_volume": 50483.65, "trend": 39.663305, "fair_value": 34.004448, "relative_strength": -3.826707, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.249823, "energy": 28.209173, "activity_lines": [ 41.187947, 41.214421, 40.86301, 40.237352 ] }, { "date": "2026-08-07", "close": 43.17, "volume": 63282, "typical_volume": 51583.25, "trend": 39.774296, "fair_value": 34.111311, "relative_strength": -2.465327, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.585612, "energy": 44.917066, "activity_lines": [ 41.818667, 41.563228, 41.159925, 40.463591 ] } ], "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." } } }