{ "ticker": { "uuid": "2e9e0e91-73ad-426f-9df6-274bf4c3e072", "symbol": "JVAL", "name": "JP MORGAN ETF TRUST US VALUE FACTOR 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": 81.378, "architecture_energy": 59.925, "architecture_maturity": 71.319, "architecture_confidence": 79.594, "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": 20.37, "rotation_up": 54.3, "upward_expansion": 82.92, "deceleration": 66.95, "rotation_down": 28.27, "downward_expansion": 9.58 }, "activity_lines": [ 58.375333, 58.109927, 57.050835, 55.555277 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 59.89, "trend_reference": 53.819837, "distance_from_trend": 0.112787, "trend_direction": "Improving", "fair_value": 43.30521, "distance_from_fair_value": 0.382974, "fair_value_direction": "Improving", "relative_strength": 4.610451, "relative_strength_direction": "Improving", "price_momentum": 0.155055, "excess_performance": 0.029431, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.112787, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.060883, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.382974, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.045282, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.046105, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.012351, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.155055, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.835304, "read": "Demand-led" } ], "volume": { "latest": 167170, "relative_activity": 0.689192, "balance": 1.835304, "dry_up": 0.899493, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.026798, "annualized_volatility": 0.140663, "from_high_reference": -0.002166, "from_low_reference": 0.363003 }, "levels": { "trend_reference": 53.819837, "fair_value_reference": 43.30521, "structural_low": 47.38, 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"2026-07-17", "close": 57.46, "volume": 353957, "typical_volume": 281533.45, "trend": 52.976516, "fair_value": 42.847818, "relative_strength": 4.962693, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.087551, "energy": 60.1067, "activity_lines": [ 57.841957, 57.601535, 55.949663, 54.571787 ] }, { "date": "2026-07-24", "close": 57.36, "volume": 167569, "typical_volume": 262827.5, "trend": 53.234746, "fair_value": 42.991395, "relative_strength": 5.22478, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.994006, "energy": 53.315305, "activity_lines": [ 57.664667, 57.643956, 56.263792, 54.854593 ] }, { "date": "2026-07-31", "close": 57.72, "volume": 184026, "typical_volume": 253568.55, "trend": 53.514644, "fair_value": 43.140655, "relative_strength": 4.558788, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.079429, "energy": 46.760876, "activity_lines": [ 57.656, 57.696829, 56.575292, 55.143964 ] }, { "date": "2026-08-07", "close": 59.89, "volume": 167170, "typical_volume": 242559.5, "trend": 53.819837, "fair_value": 43.30521, "relative_strength": 4.610451, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.377554, "energy": 59.924989, "activity_lines": [ 58.375333, 58.109927, 57.050835, 55.555277 ] } ], "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." } } }