{ "ticker": { "uuid": "ff1b242c-7a2d-44d5-b86d-ac94aff73186", "symbol": "EDIV", "name": "STATE STREET SPDR S&P EMERGING MARKETS DIVIDEND 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": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 69.83, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 58.759, "architecture_energy": 46.804, "architecture_maturity": 9.934, "architecture_confidence": 75.46, "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": 21.44, "rotation_up": 56.65, "upward_expansion": 81.46, "deceleration": 50.35, "rotation_down": 17.13, "downward_expansion": 8.13 }, "activity_lines": [ 41.703333, 41.525061, 41.204185, 40.996681 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 41.85, "trend_reference": 40.861957, "distance_from_trend": 0.02418, "trend_direction": "Improving", "fair_value": 34.719208, "distance_from_fair_value": 0.205385, "fair_value_direction": "Weakening", "relative_strength": -6.151532, "relative_strength_direction": "Weakening", "price_momentum": 0.00648, "excess_performance": -0.119145, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.02418, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.023193, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.205385, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.034343, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.061515, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.014378, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.00648, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.795386, "read": "Supply-led" } ], "volume": { "latest": 575588, "relative_activity": 0.873526, "balance": 0.795386, "dry_up": 0.858796, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.023799, "annualized_volatility": 0.158671, "from_high_reference": -0.030086, "from_low_reference": 0.132853 }, "levels": { "trend_reference": 40.861957, "fair_value_reference": 34.719208, "structural_low": 38.4501, 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"direction": 64.809888, "energy": 54.295342, "activity_lines": [ 41.596342, 41.265214, 40.926995, 40.822156 ] }, { "date": "2026-07-24", "close": 41.54, "volume": 414853, "typical_volume": 687362.1, "trend": 40.6943, "fair_value": 34.524488, "relative_strength": -2.830849, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.068169, "energy": 56.104428, "activity_lines": [ 41.650667, 41.361392, 41.023186, 40.882006 ] }, { "date": "2026-07-31", "close": 41.4, "volume": 581214, "typical_volume": 674760.55, "trend": 40.778235, "fair_value": 34.619418, "relative_strength": -4.063406, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.751804, "energy": 51.460385, "activity_lines": [ 41.63, 41.409665, 41.09778, 40.927535 ] }, { "date": "2026-08-07", "close": 41.85, "volume": 575588, "typical_volume": 658925.05, "trend": 40.861957, "fair_value": 34.719208, "relative_strength": -6.151532, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.758784, "energy": 46.804397, "activity_lines": [ 41.703333, 41.525061, 41.204185, 40.996681 ] } ], "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." } } }