{ "ticker": { "uuid": "0d28e068-8f5f-4cf2-a753-c50a71297422", "symbol": "SIXA", "name": "EXCHANGE TRADED CONCEPTS TRUST ETC 6 MERIDIAN MEGA CAP EQUITY 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": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 92.53, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 79.379, "architecture_energy": 61.704, "architecture_maturity": 50.493, "architecture_confidence": 77.642, "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": 15.32, "rotation_up": 60.31, "upward_expansion": 82.66, "deceleration": 64.13, "rotation_down": 24.11, "downward_expansion": 9.33 }, "activity_lines": [ 56.744918, 56.472251, 55.859125, 55.135877 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 57.4365, "trend_reference": 54.191158, "distance_from_trend": 0.059887, "trend_direction": "Improving", "fair_value": 44.385694, "distance_from_fair_value": 0.294032, "fair_value_direction": "Improving", "relative_strength": -1.409767, "relative_strength_direction": "Improving", "price_momentum": 0.076829, "excess_performance": -0.048796, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.059887, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.044955, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.294032, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.011561, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.014098, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.01432, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.076829, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.744978, "read": "Demand-led" } ], "volume": { "latest": 268323, "relative_activity": 4.206883, "balance": 4.744978, "dry_up": 2.393222, "accumulation_observations": 4, "distribution_observations": 0 }, "risk": { "range_context": 0.016381, "annualized_volatility": 0.089362, "from_high_reference": -0.004685, "from_low_reference": 0.202913 }, "levels": { "trend_reference": 54.191158, "fair_value_reference": 44.385694, "structural_low": 51.072214, 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}, { "date": "2026-07-24", "close": 56.622937, "volume": 230494, "typical_volume": 57458.7, "trend": 53.724578, "fair_value": 44.080231, "relative_strength": 1.601092, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.518152, "energy": 60.652819, "activity_lines": [ 56.386131, 56.177389, 55.440227, 54.748765 ] }, { "date": "2026-07-31", "close": 56.2393, "volume": 42760, "typical_volume": 53143.95, "trend": 53.950983, "fair_value": 44.230168, "relative_strength": -0.13653, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.445474, "energy": 53.941764, "activity_lines": [ 56.370274, 56.219913, 55.602128, 54.911005 ] }, { "date": "2026-08-07", "close": 57.4365, "volume": 268323, "typical_volume": 63781.9, "trend": 54.191158, "fair_value": 44.385694, "relative_strength": -1.409767, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.378531, "energy": 61.70368, "activity_lines": [ 56.744918, 56.472251, 55.859125, 55.135877 ] } ], "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." } } }