{ "ticker": { "uuid": "2e1406f6-781c-47e9-8208-be5e53184828", "symbol": "MEDI", "name": "HARBOR ETF TRUST HEALTH CARE 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": 84.439, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 69.477, "architecture_energy": 46.632, "architecture_maturity": 44.96, "architecture_confidence": 54.324, "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": 23.64, "rotation_up": 47.63, "upward_expansion": 73.29, "deceleration": 70.61, "rotation_down": 25.84, "downward_expansion": 11.29 }, "activity_lines": [ 33.3085, 33.235387, 32.231047, 31.644257 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 33.9895, "trend_reference": 31.19794, "distance_from_trend": 0.089479, "trend_direction": "Improving", "fair_value": 27.014164, "distance_from_fair_value": 0.25821, "fair_value_direction": "Improving", "relative_strength": -1.145291, "relative_strength_direction": "Improving", "price_momentum": 0.097133, "excess_performance": -0.028492, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.089479, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.014137, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.25821, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.115048, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.011453, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.075235, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.097133, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.099624, "read": "Demand-led" } ], "volume": { "latest": 30093, "relative_activity": 0.771174, "balance": 2.099624, "dry_up": 0.564664, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.039316, "annualized_volatility": 0.225242, "from_high_reference": -0.028038, "from_low_reference": 0.301984 }, "levels": { "trend_reference": 31.19794, "fair_value_reference": 27.014164, "structural_low": 27.5, 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"energy": 19.91866, "activity_lines": [ 30.83244, 30.51748, 30.227933, 30.437782 ] }, { "date": "2026-06-19", "close": 30.8503, "volume": 12517, "typical_volume": 41204.45, "trend": 30.75498, "fair_value": 26.480783, "relative_strength": -6.539789, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.896075, "energy": 22.615609, "activity_lines": [ 30.876233, 30.616753, 30.281156, 30.441566 ] }, { "date": "2026-06-26", "close": 33.5043, "volume": 21871, "typical_volume": 40409.65, "trend": 30.783578, "fair_value": 26.555141, "relative_strength": 3.855821, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 44.16424, "energy": 52.643562, "activity_lines": [ 31.745053, 31.175765, 30.589213, 30.618941 ] }, { "date": "2026-07-03", "close": 34.81, "volume": 22247, "typical_volume": 40236.1, "trend": 30.887907, "fair_value": 26.642247, "relative_strength": 5.445917, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 61.638409, "energy": 75.515467, "activity_lines": [ 32.886487, 31.919969, 31.009604, 30.87871 ] }, { "date": "2026-07-10", "close": 34.0992, "volume": 13281, "typical_volume": 39413.25, "trend": 30.973363, "fair_value": 26.721589, "relative_strength": 1.839734, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.443015, "energy": 85.375215, "activity_lines": [ 33.53258, 32.440027, 31.342691, 31.085891 ] }, { "date": "2026-07-17", "close": 33.49, "volume": 20993, "typical_volume": 39424.35, "trend": 31.050753, "fair_value": 26.795302, "relative_strength": 1.497527, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.76415, "energy": 83.019564, "activity_lines": [ 33.74238, 32.770751, 31.604667, 31.248254 ] }, { "date": "2026-07-24", "close": 33.1016, "volume": 21931, "typical_volume": 39228.45, "trend": 31.09716, "fair_value": 26.866355, "relative_strength": 0.863116, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.773165, "energy": 79.825415, "activity_lines": [ 33.659327, 32.964707, 31.821367, 31.380567 ] }, { "date": "2026-07-31", "close": 32.324, "volume": 15121, "typical_volume": 39098.95, "trend": 31.129137, "fair_value": 26.935778, "relative_strength": -2.575964, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.582836, "energy": 47.846746, "activity_lines": [ 33.166987, 32.960084, 31.953145, 31.459718 ] }, { "date": "2026-08-07", "close": 33.9895, "volume": 30093, "typical_volume": 39022.3, "trend": 31.19794, "fair_value": 27.014164, "relative_strength": -1.145291, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.476766, "energy": 46.632268, "activity_lines": [ 33.3085, 33.235387, 32.231047, 31.644257 ] } ], "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." } } }