{ "ticker": { "uuid": "1e8c180f-8b70-458b-8009-c1971a7f2fbe", "symbol": "KNG", "name": "FT VEST S&P 500 DIVIDEND ARISTOCRATS TARGET INCOME 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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 70.709, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 77.736, "architecture_energy": 55.13, "architecture_maturity": 11.966, "architecture_confidence": 64.804, "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": 9.01, "rotation_up": 72.84, "upward_expansion": 85.15, "deceleration": 50.04, "rotation_down": 14.46, "downward_expansion": 7.15 }, "activity_lines": [ 51.166574, 50.813177, 49.942603, 49.637092 ], "activity_state": "Wide", "activity_direction": "Stable", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 51.96, "trend_reference": 49.505992, "distance_from_trend": 0.04957, "trend_direction": "Improving", "fair_value": 45.333841, "distance_from_fair_value": 0.146164, "fair_value_direction": "Improving", "relative_strength": -4.440597, "relative_strength_direction": "Improving", "price_momentum": 0.016237, "excess_performance": -0.109388, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.04957, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.020878, "read": "Rising" }, { "label": "Price 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"activity_lines": [ 50.447965, 49.755605, 49.142864, 49.165704 ] }, { "date": "2026-07-17", "close": 50.696039, "volume": 1044742, "typical_volume": 1529518.0, "trend": 49.191372, "fair_value": 45.155524, "relative_strength": -3.487803, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.573566, "energy": 72.644353, "activity_lines": [ 50.620553, 50.029265, 49.309953, 49.269597 ] }, { "date": "2026-07-24", "close": 50.76, "volume": 2070921, "typical_volume": 1543364.5, "trend": 49.287597, "fair_value": 45.209755, "relative_strength": -2.642278, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.821557, "energy": 68.903458, "activity_lines": [ 50.755088, 50.267666, 49.487063, 49.370799 ] }, { "date": "2026-07-31", "close": 50.85, "volume": 1466342, "typical_volume": 1557320.2, "trend": 49.394867, "fair_value": 45.268265, "relative_strength": -3.368606, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.719528, "energy": 47.169704, "activity_lines": [ 50.792878, 50.461829, 49.667698, 49.471599 ] }, { "date": "2026-08-07", "close": 51.96, "volume": 1168918, "typical_volume": 1548850.9, "trend": 49.505992, "fair_value": 45.333841, "relative_strength": -4.440597, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.736102, "energy": 55.130395, "activity_lines": [ 51.166574, 50.813177, 49.942603, 49.637092 ] } ], "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." } } }