{ "ticker": { "uuid": "181e9969-d5fd-4fed-90dc-8809feaa62bf", "symbol": "FVC", "name": "FIRST TRUST DORSEY WRIGHT DYNAMIC FOCUS 5 ETF", "exchange": "NASDAQ", "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": "QQQ", "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": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 44.497, "architecture_energy": 26.491, "architecture_maturity": 64.996, "architecture_confidence": 82.436, "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": 37.49, "rotation_up": 28.45, "upward_expansion": 57.89, "deceleration": 88.3, "rotation_down": 30.66, "downward_expansion": 19.23 }, "activity_lines": [ 40.825967, 41.162236, 40.819611, 39.873342 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 41.855, "trend_reference": 38.936483, "distance_from_trend": 0.074956, "trend_direction": "Improving", "fair_value": 34.88292, "distance_from_fair_value": 0.199871, "fair_value_direction": "Improving", "relative_strength": -2.612154, "relative_strength_direction": "Improving", "price_momentum": 0.097404, "excess_performance": -0.090049, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.074956, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.045532, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.199871, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.034933, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.026122, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.05864, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.097404, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.578496, "read": "Demand-led" } ], "volume": { "latest": 7929, "relative_activity": 0.351325, "balance": 1.578496, "dry_up": 0.410001, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.039747, "annualized_volatility": 0.166389, "from_high_reference": -0.053694, "from_low_reference": 0.237889 }, "levels": { "trend_reference": 38.936483, "fair_value_reference": 34.88292, "structural_low": 33.8116, "invalidation": "A 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"orange", "start": "2025-03-21", "end": "2025-04-04", "tenure": "New", "return": -0.055984, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-06-06", "tenure": "Developing", "return": 0.037919, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-07-18", "tenure": "Developing", "return": 0.019876, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-25", "end": "2025-08-22", "tenure": "Developing", "return": 0.004868, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2026-02-20", "tenure": "Established", "return": 0.0648, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-27", "end": "2026-03-20", "tenure": "New", "return": -0.077251, "active": false }, { 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38.275633, "fair_value": 34.612299, "relative_strength": -1.980134, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.106481, "energy": 63.083119, "activity_lines": [ 41.992097, 41.611517, 39.938931, 39.134177 ] }, { "date": "2026-07-10", "close": 42.1038, "volume": 8927, "typical_volume": 26570.85, "trend": 38.472259, "fair_value": 34.673301, "relative_strength": -2.937773, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.376859, "energy": 58.340093, "activity_lines": [ 42.062322, 41.79945, 40.269734, 39.381155 ] }, { "date": "2026-07-17", "close": 40.2059, "volume": 9373, "typical_volume": 26114.15, "trend": 38.600623, "fair_value": 34.721663, "relative_strength": -3.132504, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.989134, "energy": 38.523199, "activity_lines": [ 41.426954, 41.576767, 40.399526, 39.493003 ] }, { "date": "2026-07-24", "close": 40.0639, "volume": 9309, "typical_volume": 26022.8, "trend": 38.710883, "fair_value": 34.767027, "relative_strength": -1.775982, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.492131, "energy": 25.73546, "activity_lines": [ 40.89082, 41.319456, 40.503511, 39.587408 ] }, { "date": "2026-07-31", "close": 40.1018, "volume": 10402, "typical_volume": 23877.45, "trend": 38.813943, "fair_value": 34.817667, "relative_strength": -2.055341, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.531002, "energy": 23.791899, "activity_lines": [ 40.495, 41.071773, 40.59052, 39.677145 ] }, { "date": "2026-08-07", "close": 41.855, "volume": 7929, "typical_volume": 22568.85, "trend": 38.936483, "fair_value": 34.88292, "relative_strength": -2.612154, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.496902, "energy": 26.490601, "activity_lines": [ 40.825967, 41.162236, 40.819611, 39.873342 ] } ], "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." } } }