{ "ticker": { "uuid": "07921df4-1617-4b47-87eb-c89497248fdb", "symbol": "RFCI", "name": "ALPS DYNAMIC CORE INCOME 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": 66.96, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -55.73, "architecture_energy": 53.012, "architecture_maturity": 4.335, "architecture_confidence": 90.989, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 31.17, "rotation_up": 11.88, "upward_expansion": 11.32, "deceleration": 38.52, "rotation_down": 64.46, "downward_expansion": 86.98 }, "activity_lines": [ 22.049685, 22.099443, 22.137954, 22.161279 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 22.105, "trend_reference": 22.197997, "distance_from_trend": -0.004189, "trend_direction": "Weakening", "fair_value": 21.039557, "distance_from_fair_value": 0.05064, "fair_value_direction": "Weakening", "relative_strength": -11.158147, "relative_strength_direction": "Weakening", "price_momentum": -0.007974, "excess_performance": -0.133599, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.004189, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.000295, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.05064, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.017003, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.111581, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.009599, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.007974, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.793972, "read": "Supply-led" } ], "volume": { "latest": 41339, "relative_activity": 4.527027, "balance": 0.793972, "dry_up": 2.617559, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.007852, "annualized_volatility": 0.040982, "from_high_reference": -0.019311, "from_low_reference": 0.021014 }, "levels": { "trend_reference": 22.197997, "fair_value_reference": 21.039557, 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22.177908, 22.197609 ] }, { "date": "2026-07-24", "close": 22.0, "volume": 44490, "typical_volume": 10776.9, "trend": 22.209097, "fair_value": 21.005167, "relative_strength": -8.118188, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -65.709453, "energy": 50.404705, "activity_lines": [ 22.100527, 22.145278, 22.161195, 22.183643 ] }, { "date": "2026-07-31", "close": 21.9603, "volume": 6749, "typical_volume": 10848.75, "trend": 22.202847, "fair_value": 21.021437, "relative_strength": -8.95825, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.513255, "energy": 62.803025, "activity_lines": [ 22.03989, 22.107481, 22.142359, 22.167592 ] }, { "date": "2026-08-07", "close": 22.105, "volume": 41339, "typical_volume": 9131.6, "trend": 22.197997, "fair_value": 21.039557, "relative_strength": -11.158147, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.72998, "energy": 53.011982, "activity_lines": [ 22.049685, 22.099443, 22.137954, 22.161279 ] } ], "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." } } }