{ "ticker": { "uuid": "25b55e89-66db-45ed-acb2-7dc4f68a4320", "symbol": "IXJ", "name": "ISHARES TRUST GLOBAL HEALTHCARE 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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 66.791, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "up", "architecture_direction": 73.994, "architecture_energy": 57.62, "architecture_maturity": 17.118, "architecture_confidence": 70.035, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 21.32, "rotation_up": 69.77, "upward_expansion": 84.64, "deceleration": 50.66, "rotation_down": 14.18, "downward_expansion": 8.97 }, "activity_lines": [ 100.649333, 99.668038, 97.230058, 96.377689 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 102.28, "trend_reference": 96.129555, "distance_from_trend": 0.063981, "trend_direction": "Improving", "fair_value": 89.157489, "distance_from_fair_value": 0.147183, "fair_value_direction": "Improving", "relative_strength": -3.218179, "relative_strength_direction": "Improving", "price_momentum": 0.028224, "excess_performance": -0.097401, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.063981, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.00952, "read": "Rising" }, { "label": "Price vs 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-3.838053, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.762219, "energy": 58.713, "activity_lines": [ 98.681258, 96.799087, 94.99635, 95.202907 ] }, { "date": "2026-07-17", "close": 99.21, "volume": 627637, "typical_volume": 1129401.1, "trend": 95.812443, "fair_value": 88.795292, "relative_strength": -2.32731, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.571014, "energy": 62.366439, "activity_lines": [ 99.217333, 97.520803, 95.453132, 95.428766 ] }, { "date": "2026-07-24", "close": 99.89, "volume": 725744, "typical_volume": 1028023.8, "trend": 95.898053, "fair_value": 88.906857, "relative_strength": -1.055933, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.904283, "energy": 62.042435, "activity_lines": [ 99.726, 98.213065, 95.982297, 95.691834 ] }, { "date": "2026-07-31", "close": 100.26, "volume": 874458, "typical_volume": 1019654.45, "trend": 96.011193, "fair_value": 89.031891, "relative_strength": -1.770946, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.021113, "energy": 46.712608, "activity_lines": [ 99.896667, 98.813812, 96.526163, 95.97325 ] }, { "date": "2026-08-07", "close": 102.28, "volume": 769487, "typical_volume": 1015324.6, "trend": 96.129555, "fair_value": 89.157489, "relative_strength": -3.218179, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 73.99377, "energy": 57.620005, "activity_lines": [ 100.649333, 99.668038, 97.230058, 96.377689 ] } ], "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." } } }