{ "ticker": { "uuid": "37dd5a3f-15af-4e49-9bc0-a0039ef3ae62", "symbol": "TMDV", "name": "PROSHARES RUSSELL U.S. DIVIDEND GROWERS ETF PROSHARES RUSSELL US DIVIDEND GROWERS ETF", "exchange": "CBOE", "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": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 85.5, "architecture_energy": 84.136, "architecture_maturity": 17.751, "architecture_confidence": 66.316, "architecture_tenure": "Developing", "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": 4.69, "rotation_up": 83.53, "upward_expansion": 95.94, "deceleration": 41.49, "rotation_down": 10.6, "downward_expansion": 17.94 }, "activity_lines": [ 52.972527, 52.378201, 51.170021, 50.668975 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 53.8713, "trend_reference": 50.258528, "distance_from_trend": 0.071884, "trend_direction": "Improving", "fair_value": 46.144968, "distance_from_fair_value": 0.167436, "fair_value_direction": "Improving", "relative_strength": -1.674728, "relative_strength_direction": "Improving", "price_momentum": 0.041558, "excess_performance": -0.084067, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.071884, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.034117, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.167436, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.090599, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.016747, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.069468, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.041558, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.409543, "read": "Demand-led" } ], "volume": { "latest": 297, "relative_activity": 0.360546, "balance": 1.409543, "dry_up": 0.698331, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.021031, "annualized_volatility": 0.131349, "from_high_reference": 0.0, "from_low_reference": 0.19956 }, "levels": { "trend_reference": 50.258528, "fair_value_reference": 46.144968, "structural_low": 47.007923, "invalidation": "A 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45.925698, "relative_strength": -3.834756, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.125478, "energy": 81.655665, "activity_lines": [ 51.61443, 50.723783, 49.985759, 49.865087 ] }, { "date": "2026-07-17", "close": 52.4191, "volume": 1764, "typical_volume": 1008.25, "trend": 49.686061, "fair_value": 45.976574, "relative_strength": -0.801838, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.678464, "energy": 86.309042, "activity_lines": [ 51.991647, 51.155726, 50.249918, 50.053208 ] }, { "date": "2026-07-24", "close": 52.4508, "volume": 127, "typical_volume": 964.05, "trend": 49.864595, "fair_value": 46.025879, "relative_strength": -0.044037, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.928364, "energy": 84.719447, "activity_lines": [ 52.25002, 51.531013, 50.513731, 50.231579 ] }, { "date": "2026-07-31", "close": 52.8407, "volume": 113, "typical_volume": 866.6, "trend": 50.067766, "fair_value": 46.081965, "relative_strength": -0.29398, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.454311, "energy": 76.784899, "activity_lines": [ 52.471613, 51.896029, 50.802551, 50.423586 ] }, { "date": "2026-08-07", "close": 53.8713, "volume": 297, "typical_volume": 823.75, "trend": 50.258528, "fair_value": 46.144968, "relative_strength": -1.674728, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.49961, "energy": 84.135514, "activity_lines": [ 52.972527, 52.378201, 51.170021, 50.668975 ] } ], "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." } } }