{ "ticker": { "uuid": "135e7adc-7e6d-45f6-92e5-7d84da74ae3d", "symbol": "PSQA", "name": "PALMER SQUARE CLO SENIOR DEBT 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": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 54.474, "architecture_energy": 44.018, "architecture_maturity": 42.754, "architecture_confidence": 79.16, "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": 21.66, "rotation_up": 59.13, "upward_expansion": 84.16, "deceleration": 45.29, "rotation_down": 16.98, "downward_expansion": 10.83 }, "activity_lines": [ 20.5752, 20.52707, 20.484041, 20.458397 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 20.61, "trend_reference": 20.417661, "distance_from_trend": 0.00942, "trend_direction": "Improving", "fair_value": 19.764588, "distance_from_fair_value": 0.042774, "fair_value_direction": "Improving", "relative_strength": -9.35666, "relative_strength_direction": "Improving", "price_momentum": 0.014034, "excess_performance": -0.111591, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.00942, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.005865, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.042774, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.003601, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.093567, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.001134, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.014034, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.998648, "read": "Demand-led" } ], "volume": { "latest": 1666384, "relative_activity": 3.503263, "balance": 4.998648, "dry_up": 1.872507, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.012386, "annualized_volatility": 0.023419, "from_high_reference": -0.008658, "from_low_reference": 0.045681 }, "levels": { "trend_reference": 20.417661, "fair_value_reference": 19.764588, "structural_low": 19.709644, 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"date": "2026-07-17", "close": 20.51, "volume": 125214, "typical_volume": 338125.55, "trend": 20.381767, "fair_value": 19.739132, "relative_strength": -6.928262, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.111817, "energy": 19.287574, "activity_lines": [ 20.470793, 20.459337, 20.441476, 20.42072 ] }, { "date": "2026-07-24", "close": 20.554, "volume": 126420, "typical_volume": 331370.1, "trend": 20.392237, "fair_value": 19.747447, "relative_strength": -5.967447, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.745881, "energy": 26.826119, "activity_lines": [ 20.500667, 20.478626, 20.453486, 20.431832 ] }, { "date": "2026-07-31", "close": 20.599, "volume": 1644735, "typical_volume": 404629.65, "trend": 20.405014, "fair_value": 19.756049, "relative_strength": -6.510893, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.247223, "energy": 39.906966, "activity_lines": [ 20.542733, 20.503171, 20.468713, 20.445172 ] }, { "date": "2026-08-07", "close": 20.61, "volume": 1666384, "typical_volume": 475666.2, "trend": 20.417661, "fair_value": 19.764588, "relative_strength": -9.35666, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.473878, "energy": 44.017689, "activity_lines": [ 20.5752, 20.52707, 20.484041, 20.458397 ] } ], "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." } } }