{ "ticker": { "uuid": "f73d3f44-9ee0-4943-960f-680d492701b2", "symbol": "SPY4", "name": "State Street SPDR S&P 400 US Mid Cap 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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 95.107, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 79.361, "architecture_energy": 56.643, "architecture_maturity": 63.296, "architecture_confidence": 66.168, "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": 21.45, "rotation_up": 51.21, "upward_expansion": 79.44, "deceleration": 68.03, "rotation_down": 27.68, "downward_expansion": 8.44 }, "activity_lines": [ 118.566, 118.279637, 116.807381, 114.775914 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 120.889999, "trend_reference": 112.475333, "distance_from_trend": 0.074813, "trend_direction": "Improving", "fair_value": 95.641506, "distance_from_fair_value": 0.263991, "fair_value_direction": "Improving", "relative_strength": 3.599223, "relative_strength_direction": "Weakening", "price_momentum": 0.090179, "excess_performance": 0.038944, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.074813, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.048627, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.263991, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.021677, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.035992, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.021494, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.090179, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.541352, "read": "Supply-led" } ], "volume": { "latest": 97816, "relative_activity": 0.46354, "balance": 0.541352, "dry_up": 1.179983, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.020255, "annualized_volatility": 0.131593, "from_high_reference": -0.002311, "from_low_reference": 0.260452 }, "levels": { "trend_reference": 112.475333, "fair_value_reference": 95.641506, "structural_low": 98.0, 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"direction": 62.970114, "energy": 63.723695, "activity_lines": [ 117.805333, 117.424727, 115.246762, 113.400946 ] }, { "date": "2026-07-24", "close": 118.330002, "volume": 154113, "typical_volume": 249332.1, "trend": 111.563333, "fair_value": 95.157852, "relative_strength": 3.095088, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.828803, "energy": 53.553532, "activity_lines": [ 117.925334, 117.742, 115.795762, 113.86785 ] }, { "date": "2026-07-31", "close": 116.760002, "volume": 155251, "typical_volume": 222223.0, "trend": 112.011667, "fair_value": 95.382083, "relative_strength": 0.44964, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.350329, "energy": 40.749739, "activity_lines": [ 117.492001, 117.662728, 116.136429, 114.203118 ] }, { "date": "2026-08-07", "close": 120.889999, "volume": 97816, "typical_volume": 211019.55, "trend": 112.475333, "fair_value": 95.641506, "relative_strength": 3.599223, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.361118, "energy": 56.643366, "activity_lines": [ 118.566, 118.279637, 116.807381, 114.775914 ] } ], "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." } } }