{ "ticker": { "uuid": "1aaa3d36-ddfe-4fbb-90d8-db25a61d51bb", "symbol": "DINT", "name": "DAVIS SELECT INTERNATIONAL ETF", "exchange": "CBOE", "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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 57.181, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 72.591, "architecture_energy": 64.869, "architecture_maturity": 7.136, "architecture_confidence": 74.671, "architecture_tenure": "New", "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": 30.21, "rotation_up": 63.63, "upward_expansion": 84.7, "deceleration": 48.24, "rotation_down": 12.78, "downward_expansion": 13.7 }, "activity_lines": [ 29.732407, 29.353807, 29.12351, 28.829415 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 30.4949, "trend_reference": 28.65524, "distance_from_trend": 0.0642, "trend_direction": "Improving", "fair_value": 23.024066, "distance_from_fair_value": 0.324479, "fair_value_direction": "Weakening", "relative_strength": -3.339997, "relative_strength_direction": "Weakening", "price_momentum": 0.041848, "excess_performance": -0.083777, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.0642, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.014064, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.324479, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.021576, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.0334, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.009581, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.041848, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.941728, "read": "Supply-led" } ], "volume": { "latest": 35766, "relative_activity": 0.539814, "balance": 0.941728, "dry_up": 0.698581, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.032438, "annualized_volatility": 0.193429, "from_high_reference": -0.008296, "from_low_reference": 0.205716 }, "levels": { "trend_reference": 28.65524, "fair_value_reference": 23.024066, "structural_low": 25.77, "invalidation": 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28.594504, 28.534176 ] }, { "date": "2026-07-10", "close": 29.2288, "volume": 191724, "typical_volume": 75318.55, "trend": 28.556699, "fair_value": 22.738653, "relative_strength": -5.383057, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 40.988666, "energy": 17.834941, "activity_lines": [ 28.893847, 28.93016, 28.680908, 28.580631 ] }, { "date": "2026-07-17", "close": 28.87, "volume": 47936, "typical_volume": 70984.0, "trend": 28.586451, "fair_value": 22.807863, "relative_strength": -4.963672, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 32.925056, "energy": 15.209576, "activity_lines": [ 28.875087, 28.905929, 28.732908, 28.600844 ] }, { "date": "2026-07-24", "close": 28.84, "volume": 58540, "typical_volume": 70584.35, "trend": 28.59322, "fair_value": 22.870401, "relative_strength": -4.39659, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 32.839567, "energy": 16.612569, "activity_lines": [ 28.870327, 28.891729, 28.783337, 28.617202 ] }, { "date": "2026-07-31", "close": 30.0057, "volume": 42899, "typical_volume": 68293.1, "trend": 28.618077, "fair_value": 22.944289, "relative_strength": -1.59698, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 63.309206, "energy": 46.504716, "activity_lines": [ 29.279767, 29.089165, 28.937546, 28.708329 ] }, { "date": "2026-08-07", "close": 30.4949, "volume": 35766, "typical_volume": 66256.1, "trend": 28.65524, "fair_value": 23.024066, "relative_strength": -3.339997, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.591024, "energy": 64.86913, "activity_lines": [ 29.732407, 29.353807, 29.12351, 28.829415 ] } ], "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." } } }