{
  "ticker": {
    "uuid": "14026680-5b4d-44af-808b-9284612f809c",
    "symbol": "IWMY",
    "name": "DEFIANCE R2000 WEEKLY DISTRIBUTION 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": 56.702,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 50.26,
    "architecture_energy": 26.314,
    "architecture_maturity": 33.551,
    "architecture_confidence": 76.277,
    "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": 39.78,
        "rotation_up": 31.81,
        "upward_expansion": 54.73,
        "deceleration": 88.03,
        "rotation_down": 25.37,
        "downward_expansion": 18.4
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      "activity_lines": [
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.166667
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    "latest_close": 19.2946,
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    "distance_from_trend": 0.055789,
    "trend_direction": "Improving",
    "fair_value": 16.213008,
    "distance_from_fair_value": 0.190069,
    "fair_value_direction": "Improving",
    "relative_strength": -3.935126,
    "relative_strength_direction": "Weakening",
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    "excess_performance": -0.062014,
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        "label": "Price vs Trend",
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        "read": "Above"
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      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.028848,
        "read": "Rising"
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      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.190069,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.007816,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.039351,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.013156,
        "read": "Weakening"
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      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.063611,
        "read": "Positive"
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      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.63815,
        "read": "Supply-led"
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    ],
    "volume": {
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      "relative_activity": 0.454077,
      "balance": 0.63815,
      "dry_up": 0.697441,
      "accumulation_observations": 3,
      "distribution_observations": 3
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    "risk": {
      "range_context": 0.031003,
      "annualized_volatility": 0.155008,
      "from_high_reference": -0.004137,
      "from_low_reference": 0.184827
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      "fair_value_reference": 16.213008,
      "structural_low": 16.284747,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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        "horizon": "Near term",
        "sample_count": 3,
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        "end": "2025-06-06",
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        "end": "2025-07-11",
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        "active": false
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        "regime": "deceleration",
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        "end": "2026-03-27",
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 246052.1,
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      },
      {
        "date": "2026-07-31",
        "close": 18.662749,
        "volume": 188343,
        "typical_volume": 244674.7,
        "trend": 18.230008,
        "fair_value": 16.191608,
        "relative_strength": -3.918343,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.532535,
        "energy": 17.872878,
        "activity_lines": [
          18.754333,
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      },
      {
        "date": "2026-08-07",
        "close": 19.2946,
        "volume": 108974,
        "typical_volume": 239990.15,
        "trend": 18.275049,
        "fair_value": 16.213008,
        "relative_strength": -3.935126,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.260336,
        "energy": 26.313827,
        "activity_lines": [
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      }
    ],
    "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."
    }
  }
}