{ "ticker": { "uuid": "0e6bf854-0187-4b08-bc82-b7a87d30ed82", "symbol": "QQQA", "name": "PROSHARES NASDAQ-100 DORSEY WRIGHT MOMENTUM ETF", "exchange": "NASDAQ", "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": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 25.491, "architecture_energy": 24.583, "architecture_maturity": 70.237, "architecture_confidence": 93.257, "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": 55.61, "rotation_up": 18.26, "upward_expansion": 52.63, "deceleration": 93.96, "rotation_down": 35.55, "downward_expansion": 18.63 }, "activity_lines": [ 71.660387, 74.28021, 73.84142, 69.839929 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 72.0071, "trend_reference": 64.553795, "distance_from_trend": 0.115459, "trend_direction": "Improving", "fair_value": 47.259147, "distance_from_fair_value": 0.523665, "fair_value_direction": "Weakening", "relative_strength": 10.998658, "relative_strength_direction": "Weakening", "price_momentum": 0.35155, "excess_performance": 0.164096, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.115459, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.161607, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.523665, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.108005, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.109987, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.093482, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.35155, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.302593, "read": "Demand-led" } ], "volume": { "latest": 339031, "relative_activity": 1.789224, "balance": 1.302593, "dry_up": 1.278772, "accumulation_observations": 6, "distribution_observations": 4 }, "risk": { "range_context": 0.092716, "annualized_volatility": 0.355992, "from_high_reference": -0.183782, "from_low_reference": 0.658871 }, "levels": { "trend_reference": 64.553795, "fair_value_reference": 47.259147, "structural_low": 48.16, "invalidation": "A 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61.89095, "fair_value": 46.344279, "relative_strength": 22.384184, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.913331, "energy": 56.072051, "activity_lines": [ 79.319462, 78.562853, 72.665343, 67.735924 ] }, { "date": "2026-07-17", "close": 71.1697, "volume": 293707, "typical_volume": 158779.3, "trend": 62.585085, "fair_value": 46.570124, "relative_strength": 15.710212, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.64055, "energy": 32.283271, "activity_lines": [ 76.207992, 77.491981, 73.102734, 68.334553 ] }, { "date": "2026-07-24", "close": 69.7459, "volume": 139539, "typical_volume": 164751.05, "trend": 63.208244, "fair_value": 46.783845, "relative_strength": 14.690031, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.303479, "energy": 26.191666, "activity_lines": [ 73.329747, 76.169146, 73.320394, 68.796541 ] }, { "date": "2026-07-31", "close": 71.2808, "volume": 196955, "typical_volume": 173648.7, "trend": 63.907139, "fair_value": 47.015568, "relative_strength": 15.989586, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.423367, "energy": 25.015103, "activity_lines": [ 72.109113, 75.134276, 73.593109, 69.317351 ] }, { "date": "2026-08-07", "close": 72.0071, "volume": 339031, "typical_volume": 189484.9, "trend": 64.553795, "fair_value": 47.259147, "relative_strength": 10.998658, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.490844, "energy": 24.582803, "activity_lines": [ 71.660387, 74.28021, 73.84142, 69.839929 ] } ], "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." } } }