{ "ticker": { "uuid": "17efdd5d-1fc4-4c0e-9612-dcec6cc8ded5", "symbol": "FCUV", "name": "Fidelity U.S. Value ETF", "exchange": "TOR", "country": "CA", "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": "^GSPTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 83.433, "architecture_energy": 69.071, "architecture_maturity": 73.113, "architecture_confidence": 88.36, "architecture_tenure": "Established", "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": 8.35, "rotation_up": 62.6, "upward_expansion": 87.67, "deceleration": 65.2, "rotation_down": 26.66, "downward_expansion": 12.0 }, "activity_lines": [ 27.993333, 27.782929, 27.092845, 26.376901 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 28.559999, "trend_reference": 25.540282, "distance_from_trend": 0.118233, "trend_direction": "Improving", "fair_value": 20.244326, "distance_from_fair_value": 0.410766, "fair_value_direction": "Improving", "relative_strength": 3.839109, "relative_strength_direction": "Improving", "price_momentum": 0.17761, "excess_performance": 0.057189, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.118233, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.048733, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.410766, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.077033, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.038391, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.042942, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.17761, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.917337, "read": "Demand-led" } ], "volume": { "latest": 260400, "relative_activity": 1.081418, "balance": 1.917337, "dry_up": 1.625241, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.024626, "annualized_volatility": 0.120661, "from_high_reference": -0.012448, "from_low_reference": 0.359594 }, "levels": { "trend_reference": 25.540282, "fair_value_reference": 20.244326, "structural_low": 22.945074, 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expansion", "gate": "up", "direction": 67.45551, "energy": 66.360906, "activity_lines": [ 27.587973, 27.302618, 26.45832, 25.84091 ] }, { "date": "2026-07-24", "close": 27.75, "volume": 303500, "typical_volume": 224330.0, "trend": 25.27645, "fair_value": 20.068637, "relative_strength": 3.947938, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.726711, "energy": 66.826158, "activity_lines": [ 27.650667, 27.444491, 26.660366, 26.007167 ] }, { "date": "2026-07-31", "close": 27.860001, "volume": 379000, "typical_volume": 236270.0, "trend": 25.412668, "fair_value": 20.154528, "relative_strength": 4.694329, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.614363, "energy": 64.36141, "activity_lines": [ 27.726667, 27.565693, 26.853668, 26.173848 ] }, { "date": "2026-08-07", "close": 28.559999, "volume": 260400, "typical_volume": 240795.0, "trend": 25.540282, "fair_value": 20.244326, "relative_strength": 3.839109, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.432649, "energy": 69.071281, "activity_lines": [ 27.993333, 27.782929, 27.092845, 26.376901 ] } ], "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." } } }