{ "ticker": { "uuid": "1782d995-9699-4a7f-9dbc-ff1c5527dcac", "symbol": "OVLH", "name": "OVERLAY SHARES HEDGED LARGE CAP EQUITY 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": 58.782, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 76.427, "architecture_energy": 48.742, "architecture_maturity": 33.033, "architecture_confidence": 57.866, "architecture_tenure": "Developing", "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": 32.17, "rotation_up": 45.97, "upward_expansion": 75.23, "deceleration": 68.49, "rotation_down": 26.55, "downward_expansion": 6.56 }, "activity_lines": [ 41.981747, 41.829002, 41.613172, 41.058017 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 42.8348, "trend_reference": 40.443493, "distance_from_trend": 0.059127, "trend_direction": "Improving", "fair_value": 34.544895, "distance_from_fair_value": 0.239975, "fair_value_direction": "Weakening", "relative_strength": -4.016642, "relative_strength_direction": "Weakening", "price_momentum": 0.079566, "excess_performance": -0.046059, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.059127, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.019851, "read": "Rising" }, { "label": "Price 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40.049597, "fair_value": 34.091669, "relative_strength": -3.728356, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.893961, "energy": 39.07884, "activity_lines": [ 41.586793, 41.673385, 40.973559, 40.516694 ] }, { "date": "2026-07-10", "close": 42.11, "volume": 26380, "typical_volume": 69268.0, "trend": 40.142799, "fair_value": 34.184261, "relative_strength": -3.864396, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.22096, "energy": 44.510385, "activity_lines": [ 41.757133, 41.760422, 41.146611, 40.649623 ] }, { "date": "2026-07-17", "close": 41.5814, "volume": 18400, "typical_volume": 67688.25, "trend": 40.21876, "fair_value": 34.272333, "relative_strength": -3.458572, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.310652, "energy": 37.931807, "activity_lines": [ 41.713853, 41.727827, 41.257051, 40.742436 ] }, { "date": "2026-07-24", "close": 41.2694, "volume": 42539, "typical_volume": 62649.75, "trend": 40.269407, "fair_value": 34.356981, "relative_strength": -3.50058, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.334037, "energy": 34.444066, "activity_lines": [ 41.571147, 41.638836, 41.327217, 40.810219 ] }, { "date": "2026-07-31", "close": 41.6178, "volume": 222658, "typical_volume": 68858.45, "trend": 40.342333, "fair_value": 34.446669, "relative_strength": -3.601077, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.524726, "energy": 31.470111, "activity_lines": [ 41.585873, 41.620745, 41.41969, 40.897212 ] }, { "date": "2026-08-07", "close": 42.8348, "volume": 162676, "typical_volume": 73706.3, "trend": 40.443493, "fair_value": 34.544895, "relative_strength": -4.016642, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 76.426735, "energy": 48.741969, "activity_lines": [ 41.981747, 41.829002, 41.613172, 41.058017 ] } ], "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." } } }