{ "ticker": { "uuid": "3bcb51eb-6663-487a-8ce5-1a9e0a4e0e2c", "symbol": "JIRE", "name": "JP MORGAN ETF TRUST INTERNATIONAL RESEARCH ENHANCED EQTY 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": 89.864, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 79.855, "architecture_energy": 64.505, "architecture_maturity": 35.731, "architecture_confidence": 80.68, "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": 14.74, "rotation_up": 63.77, "upward_expansion": 85.24, "deceleration": 49.07, "rotation_down": 18.03, "downward_expansion": 11.91 }, "activity_lines": [ 83.603333, 82.924545, 81.863095, 80.909677 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 85.72, "trend_reference": 79.989667, "distance_from_trend": 0.071638, "trend_direction": "Improving", "fair_value": 64.832392, "distance_from_fair_value": 0.322179, "fair_value_direction": "Improving", "relative_strength": -0.411414, "relative_strength_direction": "Improving", "price_momentum": 0.0715, "excess_performance": -0.054125, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.071638, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.036623, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.322179, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.025992, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.004114, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.014386, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.0715, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.352752, "read": "Demand-led" } ], "volume": { "latest": 1456842, "relative_activity": 0.644668, "balance": 1.352752, "dry_up": 0.950889, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.025669, "annualized_volatility": 0.181267, "from_high_reference": -0.001863, "from_low_reference": 0.246116 }, "levels": { "trend_reference": 79.989667, "fair_value_reference": 64.832392, "structural_low": 72.5936, 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"regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.5414, "energy": 42.598864, "activity_lines": [ 82.212, 81.799091, 80.741667, 80.099054 ] }, { "date": "2026-07-24", "close": 81.77, "volume": 2919489, "typical_volume": 2341846.95, "trend": 79.448333, "fair_value": 64.416797, "relative_strength": -0.521321, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.581233, "energy": 39.391316, "activity_lines": [ 82.057333, 81.886364, 80.964667, 80.262624 ] }, { "date": "2026-07-31", "close": 83.46, "volume": 2703093, "typical_volume": 2365643.0, "trend": 79.702333, "fair_value": 64.617733, "relative_strength": 0.385579, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.63305, "energy": 41.543952, "activity_lines": [ 82.528, 82.224909, 81.325571, 80.521441 ] }, { "date": "2026-08-07", "close": 85.72, "volume": 1456842, "typical_volume": 2259833.9, "trend": 79.989667, "fair_value": 64.832392, "relative_strength": -0.411414, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.855314, "energy": 64.504737, "activity_lines": [ 83.603333, 82.924545, 81.863095, 80.909677 ] } ], "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." } } }