{ "ticker": { "uuid": "353902e4-dfc8-44a2-840a-1414d5eb1d20", "symbol": "PPTY", "name": "ETF SERIES SOLUTIONS U.S. DIVERSIFIED REAL ESTATE 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": 93.427, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 62.521, "architecture_energy": 53.719, "architecture_maturity": 55.718, "architecture_confidence": 70.925, "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": 11.17, "rotation_up": 55.85, "upward_expansion": 81.71, "deceleration": 65.93, "rotation_down": 24.12, "downward_expansion": 8.38 }, "activity_lines": [ 34.606894, 34.480765, 33.833237, 33.139716 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 34.0829, "trend_reference": 32.323257, "distance_from_trend": 0.054439, "trend_direction": "Improving", "fair_value": 29.737771, "distance_from_fair_value": 0.146115, "fair_value_direction": "Improving", "relative_strength": -3.10588, "relative_strength_direction": "Improving", "price_momentum": 0.090896, "excess_performance": -0.034729, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.054439, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.046634, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.146115, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.019799, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.031059, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.009337, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.090896, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.067384, "read": "Demand-led" } ], "volume": { "latest": 8272, "relative_activity": 0.668596, "balance": 2.067384, "dry_up": 2.188273, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.028017, "annualized_volatility": 0.148999, "from_high_reference": -0.038293, "from_low_reference": 0.186855 }, "levels": { "trend_reference": 32.323257, "fair_value_reference": 29.737771, "structural_low": 29.343787, 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34.523657, "volume": 10827, "typical_volume": 14006.95, "trend": 31.538644, "fair_value": 29.491195, "relative_strength": 1.631533, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.992844, "energy": 76.488701, "activity_lines": [ 34.054709, 33.612993, 32.778855, 32.238745 ] }, { "date": "2026-07-10", "close": 34.181309, "volume": 8170, "typical_volume": 11956.6, "trend": 31.685867, "fair_value": 29.537249, "relative_strength": -0.597646, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.155954, "energy": 63.460485, "activity_lines": [ 34.153342, 33.780562, 32.97709, 32.40924 ] }, { "date": "2026-07-17", "close": 35.165, "volume": 37478, "typical_volume": 11554.75, "trend": 31.867642, "fair_value": 29.587273, "relative_strength": 3.894079, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.316084, "energy": 83.443837, "activity_lines": [ 34.533378, 34.094914, 33.25596, 32.6337 ] }, { "date": "2026-07-24", "close": 35.32, "volume": 27383, "typical_volume": 12283.8, "trend": 32.04581, "fair_value": 29.64032, "relative_strength": 4.96383, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.231862, "energy": 84.864127, "activity_lines": [ 34.884552, 34.393531, 33.532464, 32.856433 ] }, { "date": "2026-07-31", "close": 34.5544, "volume": 35162, "typical_volume": 13118.1, "trend": 32.200598, "fair_value": 29.690853, "relative_strength": 1.605733, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.486384, "energy": 59.956159, "activity_lines": [ 34.828885, 34.493676, 33.715257, 33.018277 ] }, { "date": "2026-08-07", "close": 34.0829, "volume": 8272, "typical_volume": 12372.2, "trend": 32.323257, "fair_value": 29.737771, "relative_strength": -3.10588, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.521406, "energy": 53.719289, "activity_lines": [ 34.606894, 34.480765, 33.833237, 33.139716 ] } ], "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." } } }