{ "ticker": { "uuid": "1a5f3aaa-9ee0-4cde-bdf5-4a17e25da0b7", "symbol": "PBL", "name": "PGIM PORTFOLIO BALLAST 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": 63.944, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 78.932, "architecture_energy": 54.976, "architecture_maturity": 50.158, "architecture_confidence": 65.902, "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": 17.1, "rotation_up": 52.66, "upward_expansion": 78.85, "deceleration": 64.5, "rotation_down": 25.69, "downward_expansion": 7.85 }, "activity_lines": [ 33.400773, 33.245249, 32.976088, 32.493785 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 34.0196, "trend_reference": 31.94672, "distance_from_trend": 0.064886, "trend_direction": "Improving", "fair_value": 27.621912, "distance_from_fair_value": 0.231616, "fair_value_direction": "Improving", "relative_strength": -3.059052, "relative_strength_direction": "Improving", "price_momentum": 0.090561, "excess_performance": -0.035064, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.064886, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.02474, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.231616, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.005803, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.030591, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.002939, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.090561, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.041563, "read": "Demand-led" } ], "volume": { "latest": 7266, "relative_activity": 0.425693, "balance": 1.041563, "dry_up": 0.19817, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.018514, "annualized_volatility": 0.098205, "from_high_reference": -0.000599, "from_low_reference": 0.165063 }, "levels": { "trend_reference": 31.94672, "fair_value_reference": 27.621912, "structural_low": 29.5606, 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60.607566, "activity_lines": [ 33.011, 32.868755, 32.124612, 31.786824 ] }, { "date": "2026-06-26", "close": 32.63, "volume": 52822, "typical_volume": 18305.2, "trend": 31.482039, "fair_value": 27.211772, "relative_strength": -1.930847, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.396119, "energy": 47.924786, "activity_lines": [ 32.88502, 32.863575, 32.220734, 31.864598 ] }, { "date": "2026-07-03", "close": 33.1433, "volume": 9660, "typical_volume": 18077.5, "trend": 31.560778, "fair_value": 27.281738, "relative_strength": -2.409091, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.06251, "energy": 49.025604, "activity_lines": [ 32.94594, 32.937736, 32.358907, 31.971776 ] }, { "date": "2026-07-10", "close": 33.4949, "volume": 5842, "typical_volume": 18090.5, "trend": 31.646926, "fair_value": 27.351628, "relative_strength": -2.607968, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.058329, "energy": 55.444126, "activity_lines": [ 33.13884, 33.054285, 32.520078, 32.096558 ] }, { "date": "2026-07-17", "close": 33.1099, "volume": 2554, "typical_volume": 17707.35, "trend": 31.722634, "fair_value": 27.417835, "relative_strength": -2.139273, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.652539, "energy": 49.653472, "activity_lines": [ 33.158747, 33.0758, 32.63321, 32.190943 ] }, { "date": "2026-07-24", "close": 32.9339, "volume": 1041, "typical_volume": 17418.8, "trend": 31.781177, "fair_value": 27.48156, "relative_strength": -2.006924, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.941055, "energy": 47.483471, "activity_lines": [ 33.100693, 33.058825, 32.719534, 32.269089 ] }, { "date": "2026-07-31", "close": 33.0993, "volume": 2669, "typical_volume": 17269.5, "trend": 31.854937, "fair_value": 27.548386, "relative_strength": -2.475669, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.999169, "energy": 43.538976, "activity_lines": [ 33.112993, 33.070485, 32.810641, 32.35413 ] }, { "date": "2026-08-07", "close": 34.0196, "volume": 7266, "typical_volume": 17068.65, "trend": 31.94672, "fair_value": 27.621912, "relative_strength": -3.059052, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.931826, "energy": 54.975956, "activity_lines": [ 33.400773, 33.245249, 32.976088, 32.493785 ] } ], "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." } } }