{ "ticker": { "uuid": "20fffec5-23f7-4982-b630-b09f6fdc9387", "symbol": "IAT", "name": "ISHARES TRUST U.S. REGIONAL BANKS 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": 69.069, "architecture_energy": 61.457, "architecture_maturity": 36.157, "architecture_confidence": 82.922, "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": 6.97, "rotation_up": 67.49, "upward_expansion": 86.07, "deceleration": 53.16, "rotation_down": 18.25, "downward_expansion": 10.4 }, "activity_lines": [ 63.899333, 63.201662, 61.081801, 59.616425 ], "activity_state": "Wide", "activity_direction": "Stable", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 64.24, "trend_reference": 58.295856, "distance_from_trend": 0.101965, "trend_direction": "Improving", "fair_value": 46.387287, "distance_from_fair_value": 0.384862, "fair_value_direction": "Improving", "relative_strength": 3.413299, "relative_strength_direction": "Improving", "price_momentum": 0.034231, "excess_performance": -0.091393, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.101965, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.056489, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.384862, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.08518, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.034133, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.058714, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.034231, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.56799, "read": "Demand-led" } ], "volume": { "latest": 653647, "relative_activity": 0.653352, "balance": 2.56799, "dry_up": 0.713807, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.036493, "annualized_volatility": 0.22798, "from_high_reference": -0.019162, "from_low_reference": 0.385886 }, "levels": { "trend_reference": 58.295856, "fair_value_reference": 46.387287, "structural_low": 50.558027, "invalidation": 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64.26, "volume": 985009, "typical_volume": 1242329.85, "trend": 57.502944, "fair_value": 45.829254, "relative_strength": 8.151406, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.360834, "energy": 87.575179, "activity_lines": [ 63.135333, 61.572991, 59.429958, 58.440368 ] }, { "date": "2026-07-24", "close": 63.74, "volume": 816607, "typical_volume": 1179318.25, "trend": 57.764462, "fair_value": 46.012326, "relative_strength": 7.742996, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.82519, "energy": 83.042599, "activity_lines": [ 63.570667, 62.241844, 60.022115, 58.842759 ] }, { "date": "2026-07-31", "close": 63.56, "volume": 401255, "typical_volume": 1088255.75, "trend": 58.043709, "fair_value": 46.195921, "relative_strength": 6.080028, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.089298, "energy": 73.488247, "activity_lines": [ 63.660667, 62.72014, 60.548893, 59.216664 ] }, { "date": "2026-08-07", "close": 64.24, "volume": 653647, "typical_volume": 1000451.7, "trend": 58.295856, "fair_value": 46.387287, "relative_strength": 3.413299, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.069477, "energy": 61.456526, "activity_lines": [ 63.899333, 63.201662, 61.081801, 59.616425 ] } ], "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." } } }