{ "ticker": { "uuid": "157d6d6a-12a1-417f-ab2e-1dc312912afb", "symbol": "FRDM", "name": "FREEDOM 100 EMERGING MARKETS ETF", "exchange": "CBOE", "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": 94.749, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 9.999, "architecture_energy": 15.816, "architecture_maturity": 64.494, "architecture_confidence": 83.174, "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": 58.87, "rotation_up": 16.94, "upward_expansion": 44.95, "deceleration": 87.79, "rotation_down": 40.7, "downward_expansion": 29.95 }, "activity_lines": [ 65.81, 67.409255, 67.481756, 65.535623 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 66.67, "trend_reference": 63.045434, "distance_from_trend": 0.057491, "trend_direction": "Improving", "fair_value": 40.456195, "distance_from_fair_value": 0.647955, "fair_value_direction": "Weakening", "relative_strength": 7.019139, "relative_strength_direction": "Weakening", "price_momentum": 0.135278, "excess_performance": 0.009654, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.057491, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.113981, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.647955, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.195015, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.070191, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.193558, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.135278, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.010558, "read": "Demand-led" } ], "volume": { "latest": 1212066, "relative_activity": 0.72039, "balance": 1.010558, "dry_up": 0.929707, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.081461, "annualized_volatility": 0.376517, "from_high_reference": -0.129037, "from_low_reference": 0.651098 }, "levels": { "trend_reference": 63.045434, "fair_value_reference": 40.456195, "structural_low": 51.995, "invalidation": "A 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"activity_lines": [ 70.704167, 70.307255, 67.152595, 64.669501 ] }, { "date": "2026-07-17", "close": 64.78, "volume": 1513096, "typical_volume": 1853452.4, "trend": 61.746366, "fair_value": 39.769146, "relative_strength": 9.950872, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.395746, "energy": 22.674723, "activity_lines": [ 68.502665, 69.419658, 67.227833, 64.898891 ] }, { "date": "2026-07-24", "close": 64.68, "volume": 1564626, "typical_volume": 1736817.35, "trend": 62.210029, "fair_value": 39.986946, "relative_strength": 9.79463, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.78979, "energy": 20.830805, "activity_lines": [ 66.696628, 68.582501, 67.282923, 65.088158 ] }, { "date": "2026-07-31", "close": 65.11, "volume": 1967186, "typical_volume": 1716791.8, "trend": 62.634257, "fair_value": 40.214363, "relative_strength": 8.725927, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.289166, "energy": 18.790171, "activity_lines": [ 65.771333, 67.834965, 67.333875, 65.275253 ] }, { "date": "2026-08-07", "close": 66.67, "volume": 1212066, "typical_volume": 1682513.15, "trend": 63.045434, "fair_value": 40.456195, "relative_strength": 7.019139, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.998718, "energy": 15.81577, "activity_lines": [ 65.81, 67.409255, 67.481756, 65.535623 ] } ], "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." } } }