{ "ticker": { "uuid": "161cf87c-cec9-47dc-b7bd-1544685bea00", "symbol": "SKF", "name": "PROSHARES ULTRASHORT FINANCIALS", "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": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -79.689, "architecture_energy": 90.237, "architecture_maturity": 19.624, "architecture_confidence": 87.738, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 7.82, "rotation_up": 11.6, "upward_expansion": 21.62, "deceleration": 37.15, "rotation_down": 82.02, "downward_expansion": 99.62 }, "activity_lines": [ 23.237393, 23.989017, 25.50606, 26.52869 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 22.67, "trend_reference": 27.32297, "distance_from_trend": -0.170295, "trend_direction": "Weakening", "fair_value": 37.087722, "distance_from_fair_value": -0.388747, "fair_value_direction": "Weakening", "relative_strength": -25.256425, "relative_strength_direction": "Weakening", "price_momentum": -0.121315, "excess_performance": -0.24694, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.170295, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.01592, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.388747, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.096274, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.252564, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.168238, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.121315, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.235098, "read": "Supply-led" } ], "volume": { "latest": 61902, "relative_activity": 0.566445, "balance": 0.235098, "dry_up": 0.625931, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.055526, "annualized_volatility": 0.296667, "from_high_reference": -0.314381, "from_low_reference": 0.024401 }, "levels": { "trend_reference": 27.32297, "fair_value_reference": 37.087722, "structural_low": 22.13, 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90.456981, "activity_lines": [ 24.383969, 25.420478, 26.791614, 27.352305 ] }, { "date": "2026-07-24", "close": 23.7061, "volume": 45777, "typical_volume": 137388.15, "trend": 27.447083, "fair_value": 37.565115, "relative_strength": -19.404164, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.727833, "energy": 89.707553, "activity_lines": [ 24.001047, 24.951003, 26.380596, 27.109232 ] }, { "date": "2026-07-31", "close": 23.16, "volume": 89793, "typical_volume": 121389.45, "trend": 27.381324, "fair_value": 37.328103, "relative_strength": -21.538558, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.501164, "energy": 90.208811, "activity_lines": [ 23.603553, 24.472226, 25.945985, 26.832646 ] }, { "date": "2026-08-07", "close": 22.67, "volume": 61902, "typical_volume": 109281.55, "trend": 27.32297, "fair_value": 37.087722, "relative_strength": -25.256425, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.688786, "energy": 90.237251, "activity_lines": [ 23.237393, 23.989017, 25.50606, 26.52869 ] } ], "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." } } }