{ "ticker": { "uuid": "15f9d332-9ef9-400e-9139-063587097198", "symbol": "VHT", "name": "VANGUARD WORLD FUND VANGUARD HEALTH CARE 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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 92.268, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 77.303, "architecture_energy": 60.976, "architecture_maturity": 15.317, "architecture_confidence": 70.76, "architecture_tenure": "New", "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": 11.28, "rotation_up": 73.95, "upward_expansion": 87.16, "deceleration": 52.81, "rotation_down": 15.52, "downward_expansion": 9.16 }, "activity_lines": [ 307.000667, 303.433191, 293.307742, 288.710451 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 312.12, "trend_reference": 285.513362, "distance_from_trend": 0.093189, "trend_direction": "Improving", "fair_value": 260.386187, "distance_from_fair_value": 0.198681, "fair_value_direction": "Improving", "relative_strength": -0.278398, "relative_strength_direction": "Improving", "price_momentum": 0.075812, "excess_performance": -0.049813, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.093189, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.015974, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.198681, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.148933, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.002784, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.101304, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.075812, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.331879, "read": "Demand-led" } ], "volume": { "latest": 987626, "relative_activity": 0.889732, "balance": 2.331879, "dry_up": 0.988771, "accumulation_observations": 5, "distribution_observations": 3 }, "risk": { "range_context": 0.034882, "annualized_volatility": 0.172741, "from_high_reference": -0.008828, "from_low_reference": 0.312373 }, "levels": { "trend_reference": 285.513362, "fair_value_reference": 260.386187, "structural_low": 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"close": 303.46, "volume": 1384728, "typical_volume": 1115085.75, "trend": 283.191295, "fair_value": 258.620745, "relative_strength": -0.286899, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.092881, "energy": 74.643029, "activity_lines": [ 299.97494, 292.06688, 283.879428, 282.955723 ] }, { "date": "2026-07-17", "close": 303.25, "volume": 1223048, "typical_volume": 1112953.95, "trend": 283.753335, "fair_value": 259.024743, "relative_strength": 1.104379, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 68.895193, "energy": 83.528403, "activity_lines": [ 302.508993, 295.273427, 286.068147, 284.249833 ] }, { "date": "2026-07-24", "close": 305.07, "volume": 1013902, "typical_volume": 1101864.5, "trend": 284.268109, "fair_value": 259.452013, "relative_strength": 2.21795, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.293949, "energy": 82.529333, "activity_lines": [ 304.465333, 298.171134, 288.388147, 285.625102 ] }, { "date": "2026-07-31", "close": 304.81, "volume": 1165674, "typical_volume": 1114054.55, "trend": 284.838976, "fair_value": 259.910408, "relative_strength": 0.931175, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.976718, "energy": 67.383272, "activity_lines": [ 304.627333, 300.378447, 290.569281, 286.950385 ] }, { "date": "2026-08-07", "close": 312.12, "volume": 987626, "typical_volume": 1110026.6, "trend": 285.513362, "fair_value": 260.386187, "relative_strength": -0.278398, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.302625, "energy": 60.976323, "activity_lines": [ 307.000667, 303.433191, 293.307742, 288.710451 ] } ], "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." } } }