{ "ticker": { "uuid": "1b15d1ca-7897-4949-bae1-63af4b7d8f80", "symbol": "IWR", "name": "ISHARES TRUST RUSSELL MID CAP ETF", "exchange": "NYSEARCA", "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": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 80.941, "architecture_energy": 60.261, "architecture_maturity": 51.521, "architecture_confidence": 81.942, "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": 10.65, "rotation_up": 58.04, "upward_expansion": 82.5, "deceleration": 61.72, "rotation_down": 25.37, "downward_expansion": 9.17 }, "activity_lines": [ 110.739333, 110.129569, 108.252508, 106.209002 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 113.11, "trend_reference": 103.897821, "distance_from_trend": 0.088666, "trend_direction": "Improving", "fair_value": 87.466252, "distance_from_fair_value": 0.293184, "fair_value_direction": "Improving", "relative_strength": 0.624099, "relative_strength_direction": "Improving", "price_momentum": 0.117217, "excess_performance": -0.008408, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.088666, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.04498, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.293184, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.046998, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.006241, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.031918, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.117217, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.702433, "read": "Demand-led" } ], "volume": { "latest": 7335234, "relative_activity": 0.654715, "balance": 1.702433, "dry_up": 1.022197, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.023834, "annualized_volatility": 0.118757, "from_high_reference": -0.002461, "from_low_reference": 0.245965 }, "levels": { "trend_reference": 103.897821, "fair_value_reference": 87.466252, "structural_low": 94.101135, 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109.632, 109.122121, 106.996375, 105.154486 ] }, { "date": "2026-07-31", "close": 109.69, "volume": 6743724, "typical_volume": 11806067.05, "trend": 103.442229, "fair_value": 87.194007, "relative_strength": 1.018949, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.935817, "energy": 50.779937, "activity_lines": [ 109.619333, 109.351749, 107.492829, 105.585275 ] }, { "date": "2026-08-07", "close": 113.11, "volume": 7335234, "typical_volume": 11203698.8, "trend": 103.897821, "fair_value": 87.466252, "relative_strength": 0.624099, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.94124, "energy": 60.26087, "activity_lines": [ 110.739333, 110.129569, 108.252508, 106.209002 ] } ], "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." } } }