{ "ticker": { "uuid": "31a616dd-4029-41f0-8336-447f4e4df158", "symbol": "DDIV", "name": "FIRST TRUST DORSEY WRIGHT MOMENTUM & DIVIDEND ETF", "exchange": "NASDAQ", "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": "QQQ", "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": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 70.366, "architecture_energy": 87.356, "architecture_maturity": 34.129, "architecture_confidence": 77.259, "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": 0.87, "rotation_up": 80.77, "upward_expansion": 99.46, "deceleration": 39.23, "rotation_down": 11.16, "downward_expansion": 21.46 }, "activity_lines": [ 47.116167, 46.515319, 45.640137, 44.729018 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 47.158, "trend_reference": 43.802002, "distance_from_trend": 0.076617, "trend_direction": "Improving", "fair_value": 36.214889, "distance_from_fair_value": 0.302172, "fair_value_direction": "Improving", "relative_strength": -1.93372, "relative_strength_direction": "Improving", "price_momentum": 0.076274, "excess_performance": -0.111179, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.076617, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.040022, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.302172, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.017571, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.019337, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.057477, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.076274, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.778546, "read": "Demand-led" } ], "volume": { "latest": 28887, "relative_activity": 1.031734, "balance": 4.778546, "dry_up": 2.04536, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.019073, "annualized_volatility": 0.149947, "from_high_reference": -0.013637, "from_low_reference": 0.248844 }, "levels": { "trend_reference": 43.802002, "fair_value_reference": 36.214889, "structural_low": 39.025, "invalidation": 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26254.95, "trend": 43.488603, "fair_value": 35.95775, "relative_strength": 4.351197, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.426955, "energy": 93.287865, "activity_lines": [ 46.742173, 45.986279, 45.077357, 44.279796 ] }, { "date": "2026-07-31", "close": 46.9459, "volume": 29979, "typical_volume": 27024.05, "trend": 43.652354, "fair_value": 36.085351, "relative_strength": 2.571377, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.402409, "energy": 87.915502, "activity_lines": [ 46.939953, 46.249722, 45.366083, 44.502847 ] }, { "date": "2026-08-07", "close": 47.158, "volume": 28887, "typical_volume": 27998.5, "trend": 43.802002, "fair_value": 36.214889, "relative_strength": -1.93372, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.366227, "energy": 87.355858, "activity_lines": [ 47.116167, 46.515319, 45.640137, 44.729018 ] } ], "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." } } }