{ "ticker": { "uuid": "00cb0b9a-d01d-436f-899b-450895e9941f", "symbol": "ITEK", "name": "iShares Nasdaq Top 30 ETF", "exchange": "ASX", "country": "AU", "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": "^AXJO", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 64.848, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 35.613, "architecture_energy": 28.757, "architecture_maturity": 65.751, "architecture_confidence": 85.506, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 35.07, "rotation_up": 28.66, "upward_expansion": 60.68, "deceleration": 85.46, "rotation_down": 37.34, "downward_expansion": 22.02 }, "activity_lines": [ 33.548666, 33.91008, 33.761107, 33.009575 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 34.09, "trend_reference": 32.179132, "distance_from_trend": 0.059382, "trend_direction": "Improving", "fair_value": 28.430623, "distance_from_fair_value": 0.199059, "fair_value_direction": "Improving", "relative_strength": 0.764634, "relative_strength_direction": "Weakening", "price_momentum": 0.141022, "excess_performance": 0.077317, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.059382, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.015971, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.199059, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.020574, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.007646, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.048341, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.141022, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.287126, "read": "Demand-led" } ], "volume": { "latest": 2986, "relative_activity": 0.780062, "balance": 1.287126, "dry_up": 1.524139, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.030765, "annualized_volatility": 0.173499, "from_high_reference": -0.033456, "from_low_reference": 0.205019 }, "levels": { "trend_reference": 32.179132, "fair_value_reference": 28.430623, "structural_low": 28.290001, "invalidation": "A 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"orange", "start": "2025-04-04", "end": "2025-04-25", "tenure": "New", "return": -0.00185, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-02", "end": "2025-05-23", "tenure": "New", "return": 0.0407, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-07-11", "tenure": "Developing", "return": 0.044521, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-12-05", "tenure": "Established", "return": 0.097213, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-12", "end": "2026-02-06", "tenure": "Developing", "return": -0.085762, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-02-13", "end": "2026-03-06", "tenure": "New", "return": 0.024568, "active": false 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10.90278, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.779321, "energy": 88.693045, "activity_lines": [ 34.712803, 34.107325, 32.655594, 32.153795 ] }, { "date": "2026-06-26", "close": 34.282696, "volume": 893, "typical_volume": 3277.6, "trend": 31.926414, "fair_value": 28.118156, "relative_strength": 8.321801, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.067216, "energy": 68.076973, "activity_lines": [ 34.614421, 34.249387, 32.910817, 32.308674 ] }, { "date": "2026-07-03", "close": 34.68, "volume": 4461, "typical_volume": 3436.45, "trend": 31.982709, "fair_value": 28.176076, "relative_strength": 8.3162, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.530067, "energy": 61.485709, "activity_lines": [ 34.628292, 34.415819, 33.182897, 32.486325 ] }, { "date": "2026-07-10", "close": 34.869999, "volume": 13839, "typical_volume": 4047.3, "trend": 32.055729, "fair_value": 28.235337, "relative_strength": 9.09496, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.543995, "energy": 60.289722, "activity_lines": [ 34.714957, 34.579705, 33.448519, 32.672602 ] }, { "date": "2026-07-17", "close": 33.450001, "volume": 8063, "typical_volume": 3954.5, "trend": 32.090836, "fair_value": 28.283893, "relative_strength": 4.558533, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.701951, "energy": 41.888344, "activity_lines": [ 34.306794, 34.421412, 33.555266, 32.762555 ] }, { "date": "2026-07-24", "close": 33.27, "volume": 6807, "typical_volume": 3555.8, "trend": 32.11507, "fair_value": 28.331542, "relative_strength": 4.113962, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.840642, "energy": 31.296958, "activity_lines": [ 33.893513, 34.215604, 33.627341, 32.83863 ] }, { "date": "2026-07-31", "close": 32.799999, "volume": 5481, "typical_volume": 3817.55, "trend": 32.125274, "fair_value": 28.376177, "relative_strength": 0.198743, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.614239, "energy": 26.043275, "activity_lines": [ 33.456666, 33.934842, 33.640269, 32.882819 ] }, { "date": "2026-08-07", "close": 34.09, "volume": 2986, "typical_volume": 3827.9, "trend": 32.179132, "fair_value": 28.430623, "relative_strength": 0.764634, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.613298, "energy": 28.756807, "activity_lines": [ 33.548666, 33.91008, 33.761107, 33.009575 ] } ], "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." } } }