{ "ticker": { "uuid": "1c513ed3-fb5a-4bdf-b15c-f0a9187ea953", "symbol": "EQAL", "name": "INVESCO EXCHANGE TRADED FD TR II RUSSELL 1000 EQL WGT 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": 89.048, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 80.075, "architecture_energy": 56.379, "architecture_maturity": 40.273, "architecture_confidence": 77.596, "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": 13.76, "rotation_up": 60.57, "upward_expansion": 81.07, "deceleration": 55.74, "rotation_down": 21.52, "downward_expansion": 7.74 }, "activity_lines": [ 59.760827, 59.443587, 58.832915, 58.144123 ], "activity_state": "Moderate", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 60.9319, "trend_reference": 57.267231, "distance_from_trend": 0.063992, "trend_direction": "Improving", "fair_value": 47.959499, "distance_from_fair_value": 0.270487, "fair_value_direction": "Improving", "relative_strength": -0.965878, "relative_strength_direction": "Improving", "price_momentum": 0.085264, "excess_performance": -0.040361, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.063992, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.042138, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.270487, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.030002, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.009659, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.011804, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.085264, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.123702, "read": "Demand-led" } ], "volume": { "latest": 141851, "relative_activity": 0.682336, "balance": 1.123702, "dry_up": 0.683694, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.02029, "annualized_volatility": 0.115887, "from_high_reference": -0.001933, "from_low_reference": 0.248381 }, "levels": { "trend_reference": 57.267231, "fair_value_reference": 47.959499, "structural_low": 53.616272, 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}, { "date": "2026-07-17", "close": 59.04, "volume": 184711, "typical_volume": 260743.45, "trend": 56.623012, "fair_value": 47.59347, "relative_strength": -0.135929, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.702183, "energy": 53.363172, "activity_lines": [ 59.137563, 58.898731, 58.204366, 57.574609 ] }, { "date": "2026-07-24", "close": 59.0843, "volume": 105212, "typical_volume": 236280.1, "trend": 56.825521, "fair_value": 47.7078, "relative_strength": 0.524354, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.505831, "energy": 46.948471, "activity_lines": [ 59.156767, 58.991631, 58.366402, 57.733401 ] }, { "date": "2026-07-31", "close": 59.3, "volume": 136759, "typical_volume": 229108.45, "trend": 57.040197, "fair_value": 47.828084, "relative_strength": -0.211093, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.486297, "energy": 43.572667, "activity_lines": [ 59.19248, 59.079312, 58.532804, 57.893045 ] }, { "date": "2026-08-07", "close": 60.9319, "volume": 141851, "typical_volume": 207890.15, "trend": 57.267231, "fair_value": 47.959499, "relative_strength": -0.965878, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.074988, "energy": 56.378842, "activity_lines": [ 59.760827, 59.443587, 58.832915, 58.144123 ] } ], "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." } } }