{ "ticker": { "uuid": "f8645810-0c40-4cb3-b5c7-557a95812f96", "symbol": "HMUS", "name": "HSBC MSCI USA QUALITY UCITS ETF", "exchange": "EBS", "country": "CH", "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": "^SSMI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 76.974, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 93.909, "architecture_energy": 75.832, "architecture_maturity": 56.831, "architecture_confidence": 76.24, "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": 8.74, "rotation_up": 64.11, "upward_expansion": 85.33, "deceleration": 63.75, "rotation_down": 27.47, "downward_expansion": 12.0 }, "activity_lines": [ 71.202491, 70.752752, 69.802899, 68.529848 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 72.82, "trend_reference": 67.155166, "distance_from_trend": 0.084354, "trend_direction": "Improving", "fair_value": 55.828629, "distance_from_fair_value": 0.304349, "fair_value_direction": "Improving", "relative_strength": 0.748035, "relative_strength_direction": "Weakening", "price_momentum": 0.116576, "excess_performance": 0.033693, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.084354, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.034553, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.304349, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.028759, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.00748, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.050089, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.116576, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.350505, "read": "Supply-led" } ], "volume": { "latest": 285, "relative_activity": 0.380482, "balance": 0.350505, "dry_up": 0.755958, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.011579, "annualized_volatility": 0.121463, "from_high_reference": 0.0, "from_low_reference": 0.224459 }, "levels": { "trend_reference": 67.155166, "fair_value_reference": 55.828629, "structural_low": 60.676468, 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72.667334, "energy": 88.661795, "activity_lines": [ 70.408308, 70.123114, 68.756968, 67.674416 ] }, { "date": "2026-07-24", "close": 70.349762, "volume": 0, "typical_volume": 652.25, "trend": 66.729067, "fair_value": 55.451684, "relative_strength": -1.245034, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.58319, "energy": 83.313167, "activity_lines": [ 70.44894, 70.219447, 69.060818, 67.920683 ] }, { "date": "2026-07-31", "close": 70.269997, "volume": 1931, "typical_volume": 734.8, "trend": 66.918874, "fair_value": 55.630011, "relative_strength": -1.42812, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.51886, "energy": 71.195341, "activity_lines": [ 70.434333, 70.263281, 69.327592, 68.14913 ] }, { "date": "2026-08-07", "close": 72.82, "volume": 285, "typical_volume": 749.05, "trend": 67.155166, "fair_value": 55.828629, "relative_strength": 0.748035, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.9092, "energy": 75.83226, "activity_lines": [ 71.202491, 70.752752, 69.802899, 68.529848 ] } ], "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." } } }