{ "ticker": { "uuid": "39e7e57d-e97c-4d28-9ff9-acbced7c99f6", "symbol": "EUDV", "name": "PROSHARES MSCI EUROPE DIVIDEND GROWERS", "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": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 63.445, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "up", "architecture_direction": 81.253, "architecture_energy": 71.983, "architecture_maturity": 36.124, "architecture_confidence": 59.932, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 36.17, "rotation_up": 73.45, "upward_expansion": 87.85, "deceleration": 44.88, "rotation_down": 12.33, "downward_expansion": 16.85 }, "activity_lines": [ 54.156507, 53.582204, 53.22281, 53.047639 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 55.7564, "trend_reference": 53.023164, "distance_from_trend": 0.051548, "trend_direction": "Improving", "fair_value": 49.020195, "distance_from_fair_value": 0.137417, "fair_value_direction": "Improving", "relative_strength": -5.727464, "relative_strength_direction": "Improving", "price_momentum": 0.041003, "excess_performance": -0.084622, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.051548, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.008451, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.137417, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.035567, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.057275, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.047002, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.041003, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.465797, "read": "Supply-led" } ], "volume": { "latest": 489, "relative_activity": 0.271418, "balance": 0.465797, "dry_up": 0.407266, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.021598, "annualized_volatility": 0.1802, "from_high_reference": -0.005238, "from_low_reference": 0.128198 }, "levels": { "trend_reference": 53.023164, "fair_value_reference": 49.020195, "structural_low": 49.484, "invalidation": "A decisive 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"activity_lines": [ 52.836532, 52.739009, 52.690953, 52.774364 ] }, { "date": "2026-07-17", "close": 53.3073, "volume": 353, "typical_volume": 2073.1, "trend": 52.878611, "fair_value": 48.812742, "relative_strength": -6.991565, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.420084, "energy": 14.645436, "activity_lines": [ 53.020057, 52.853235, 52.759216, 52.804976 ] }, { "date": "2026-07-24", "close": 52.7657, "volume": 1121, "typical_volume": 1977.3, "trend": 52.892476, "fair_value": 48.868421, "relative_strength": -7.084167, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 3.984762, "energy": 10.885918, "activity_lines": [ 53.006467, 52.865099, 52.785721, 52.797691 ] }, { "date": "2026-07-31", "close": 53.9582, "volume": 972, "typical_volume": 1840.4, "trend": 52.947936, "fair_value": 48.939516, "relative_strength": -5.787392, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.100815, "energy": 34.98397, "activity_lines": [ 53.335007, 53.068704, 52.925389, 52.866448 ] }, { "date": "2026-08-07", "close": 55.7564, "volume": 489, "typical_volume": 1801.65, "trend": 53.023164, "fair_value": 49.020195, "relative_strength": -5.727464, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 81.252975, "energy": 71.982777, "activity_lines": [ 54.156507, 53.582204, 53.22281, 53.047639 ] } ], "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." } } }